1-bed · 636 sqftMAG 540, Dubai South · 6th floor · completed 2020

611, MAG 540

Sold prices and rental history: sold once, by the developer in May 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 611 · DLD and Ejari recordsUpdated 6 January 2024

Last soldAED 599K29 May 2016

Current rentAED 34K /yr6 January 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 611, MAG 540

Today

What is 611 worth today?

Last sold for AED 599,000 in 2016

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6 Jan 2024

6 Jan 2024RentedNew contract

AED 34,000/yr12 months · AED 54 per sqft

22 May 2021

22 May 2021RentedNew contract

AED 25,000/yr12 months · AED 39 per sqft

1 Jul 2019

1 Jul 2019RentedNew contract

AED 30,000/yr12 months · AED 47 per sqft

29 May 2016

29 May 2016Sold by developerOff-plan

AED 599,000AED 941 per sqft

Source: Dubai Land Department. Updated 6 January 2024.

Key facts

Type: 1-bed apartment
Size: 636 sqft
Floor: 6th of 6
Parking: G-84
Developer: MAG
Completed: 2020
Service charge: AED 10,000 /yr
Last sold: AED 599K · May 2016
Building: MAG 540

About 611, MAG 540

611 is a one-bedroom apartment of 636 sqft on the 6th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 29 May 2016 for AED 599,000, or AED 941 per sqft, 16% above the AED 810 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 6 January 2024, is AED 34,000 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 611 over time

Sales

Unit 611, each saleTypical one-bed in MAG 540

611 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 611, each contractTypical one-bed in MAG 540

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

1-beds in MAG 540, and where 611 sits

All 48 1-beds →

1-beds in MAG 540 · last 12 months1,187 /sqft MAG 540 · all types1,150 /sqft

611 last sold in May 2016 at AED 941 per sqft, 16% above what one-beds in MAG 540 were fetching at the time (AED 810). Over the last 12 months one-beds sold for AED 740,000 to 800,000, around AED 1,187 per sqft, and rent for AED 15,000 to 77,500 a year. 611's AED 34,000 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
25 Sep 202625 September 2026	665 sqft	740,000	1,112
16 Mar 202616 March 2026	640 sqft	760,000	1,187
5 Mar 20265 March 2026	665 sqft	790,000	1,187
26 Feb 202626 February 2026	665 sqft	800,000	1,202

4 1-bed 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
607	Studio	476 sqft	AED 300KAED 300,000 · Jun 2023June 2023	42,000 /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
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

611, MAG 540 in numbers

Sold once: by MAG on 29 May 2016 for AED 599,000, or AED 941 per sqft.
Rented since July 2019 on 3 Ejari contracts. The rent fell from AED 30,000 to AED 25,000 in 2021 and recovered to AED 34,000 by January 2024.
At AED 34,000 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).
One-beds in MAG 540 sold for AED 740,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,150 per sqft.

Source: Dubai Land Department. Updated 6 January 2024.

Questions about 611, MAG 540

What did unit 611 last sell for?

AED 599,000 on 29 May 2016, sold by the developer: AED 941 per sqft for 636 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 34,000 a year on the contract signed on 6 January 2024. The previous contract, from May 2021, was AED 25,000; the unit has been rented since July 2019.

How big is unit 611?

636 sqft (59.1 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 611 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 540 sold for AED 740,000 to 800,000 in the last 12 months, around AED 1,187 per sqft.

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Mortgage on 611, MAG 540

Starts from the last sale price (AED 599K, 29 May 2016). Switch to today's estimate once you have unlocked it.

Price: AED 599,000
Deposit, UAE resident (20%): AED 119,800
Deposit, non-resident (40%): AED 239,600
Monthly over 25 years at 3.7%: AED 2,451

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