Studio · 476 sqftMAG 540, Dubai South · 6th floor · completed 2020

607, MAG 540

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 607 · DLD and Ejari recordsUpdated 5 December 2025

Last soldAED 300K9 June 2023

Current rentAED 42K /yr5 December 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 607, MAG 540

Today

What is 607 worth today?

Last sold for AED 300,000 in 2023

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5 Dec 2025

5 Dec 2025RentedRenewal

AED 42,000/yr12 months · AED 89 per sqft

5 Dec 2024

5 Dec 2024RentedRenewal

AED 40,500/yr12 months · AED 86 per sqft

5 Dec 2024

5 Dec 2024RentedRenewal

AED 40,500/yr12 months · AED 86 per sqft

5 Dec 2023

5 Dec 2023RentedNew contract

AED 39,500/yr12 months · AED 83 per sqft

9 Jun 2023

9 Jun 2023SoldReady

AED 300,000AED 630 per sqft

4 Mar 2021

4 Mar 2021RentedNew contract

AED 23,207/yr12 months · AED 49 per sqft

4 Mar 2020

4 Mar 2020RentedNew contract

AED 27,000/yr12 months · AED 57 per sqft

10 Jul 2016

10 Jul 2016Sold by developerOff-plan

AED 400,555AED 841 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type: Studio apartment
Size: 476 sqft
Floor: 6th of 6
Parking: G-80
Developer: MAG
Completed: 2020
Service charge: AED 7,500 /yr
Last sold: AED 300K · June 2023
Building: MAG 540

About 607, MAG 540

607 is a studio of 476 sqft on the 6th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 9 June 2023 for AED 300,000, or AED 630 per sqft, 10% above the AED 572 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 5 December 2025, is AED 42,000 a year: a gross yield of 14.0% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for 607 over time

Sales

Unit 607, each saleTypical studio in MAG 540

607 has sold twice; the dashed line is the studio median of each year in the building.

Rents

Unit 607, each contractTypical studio in MAG 540

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 540, and where 607 sits

All 12 studios →

MAG 540 · all types1,150 /sqft

607 last sold in June 2023 at AED 630 per sqft, 10% above what studios in MAG 540 were fetching at the time (AED 572). 607's AED 42,000 is in the upper half of that range.

Recent studio sales	Size	Price (AED)	Per sqft
18 Apr 202318 April 2023	476 sqft	302,000	634
13 Mar 202313 March 2023	476 sqft	270,000	567
28 Dec 202228 December 2022	476 sqft	275,000	577
21 Dec 202221 December 2022	476 sqft	270,000	567

0 studio sales in the last 12 months

MAG 540

Building

85 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.

Typical price per sqft: AED 1,150
Typical sale: AED 795K
Typical rent: AED 58K /yr
Typical yield: 7.5%

MAG 540, Dubai South: prices, sales and rents →

Other units on the 6th floor

All 85 units in MAG 540


601	2-bed	1,040 sqft	No registered sale	75,000 /yr
602	1-bed	667 sqft	AED 566KAED 565,957 · Jun 2016June 2016	77,500 /yr
603	Studio	476 sqft	AED 270KAED 270,000 · Dec 2022December 2022
604	1-bed	640 sqft	AED 457KAED 457,483 · Nov 2022November 2022	60,000 /yr
605	2-bed	1,007 sqft	AED 830KAED 830,000 · Jul 2024July 2024	75,000 /yr
606	1-bed	667 sqft	AED 495KAED 495,000 · Apr 2024April 2024	40,000 /yr
608	1-bed	640 sqft	AED 760KAED 760,000 · Mar 2026March 2026	55,000 /yr
609	1-bed	641 sqft	AED 541KAED 540,555 · Jun 2016June 2016	55,000 /yr
610	1-bed	638 sqft	AED 541KAED 540,555 · Jun 2016June 2016	55,000 /yr
611	1-bed	636 sqft	AED 599KAED 599,000 · May 2016May 2016	34,000 /yr
612	1-bed	638 sqft	AED 600KAED 600,000 · Jul 2024July 2024
613	2-bed	963 sqft	AED 670KAED 670,000 · Sep 2023September 2023
614	2-bed	963 sqft	AED 778KAED 777,777 · Aug 2017August 2017	60,638 /yr

1–7 of 13

607, MAG 540 in numbers

Sold twice: first on 10 July 2016 for AED 400,555, last on 9 June 2023 for AED 300,000 (AED 630 per sqft).
Rented since March 2020 on 6 Ejari contracts. The rent fell from AED 27,000 to AED 23,207 in 2021 and recovered to AED 42,000 by December 2025.
At AED 42,000 a year the gross yield on the 2023 price is 14.0%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 5 December 2025.

Questions about 607, MAG 540

What did unit 607 last sell for?

AED 300,000 on 9 June 2023: AED 630 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 400,555 in July 2016.

What is the rent for unit 607?

AED 42,000 a year on the contract renewed on 5 December 2025. The previous contract, from December 2024, was AED 40,500; the unit has been rented since March 2020.

How big is unit 607?

476 sqft (44.2 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 607, MAG 540

Starts from the last sale price (AED 300K, 9 June 2023). Switch to today's estimate once you have unlocked it.

Price: AED 300,000
Deposit, UAE resident (20%): AED 60,000
Deposit, non-resident (40%): AED 120,000
Monthly over 25 years at 3.7%: AED 1,227

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →