2-bed · 963 sqftMAG 540, Dubai South · 6th floor · completed 2020

614, MAG 540

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 778K10 August 2017
Current rentAED 61K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, MAG 540

What is 614 worth today?

Last sold for AED 777,777 in 2017

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1 Oct 2025RentedRenewal
AED 60,638/yr12 months · AED 63 per sqft
1 Oct 2024RentedRenewal
AED 57,750/yr12 months · AED 60 per sqft
10 Aug 2017Sold by developerOff-plan
AED 777,777AED 807 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
963 sqft
Floor
6th of 6
Parking
G-87
Developer
MAG
Completed
2020
Service charge
AED 15,100 /yr
Last sold
AED 778K · August 2017
Building
MAG 540

About 614, MAG 540

614 is a two-bedroom apartment of 963 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 10 August 2017 for AED 777,777, or AED 807 per sqft.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 60,638 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 15,100 a year.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical two-bed in MAG 540
800K1M2017202020232026Typical sale price by year: 2018 AED 745,000; 2022 AED 698,608; 2024 AED 850,000; 2025 AED 975,000Sold by developer, August 2017: AED 777,777 (AED 807 per sqft)

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

Rents
Unit 614, each contractTypical two-bed in MAG 540
40K60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 60,000; 2021 AED 40,000; 2022 AED 47,138; 2023 AED 55,000; 2024 AED 58,000; 2025 AED 75,000; 2026 AED 75,000Renewal, October 2024: AED 57,750 a yearRenewal, October 2025: AED 60,638 a year

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

2-beds in MAG 540, and where 614 sits

All 24 2-beds →

Over the last 12 months two-beds sold for AED 925,000 to 950,000, around AED 952 per sqft, and rent for AED 53,000 to 150,000 a year. 614's AED 60,638 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 2026925,000
28 Nov 2025950,000
7 May 20251,150,000
4 Apr 2025975,000
2 2-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
Value
6012-bedNo registered sale
6021-bedAED 566K · Jun 2016
603StudioAED 270K · Dec 2022
6041-bedAED 457K · Nov 2022
6052-bedAED 830K · Jul 2024
6061-bedAED 495K · Apr 2024
607StudioAED 300K · Jun 2023
1–7 of 13

614, MAG 540 in numbers

  • Sold once: by MAG on 10 August 2017 for AED 777,777, or AED 807 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 57,750 to AED 60,638 a year.
  • At AED 60,638 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 15,100 a year (AED 15.65 per sqft).
  • Two-beds in MAG 540 sold for AED 925,000–950,000 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 1 October 2025.

Questions about 614, MAG 540

What did unit 614 last sell for?

AED 777,777 on 10 August 2017, sold by the developer: AED 807 per sqft for 963 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 60,638 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 57,750.

How big is unit 614?

963 sqft (89.5 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 614 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 540 sold for AED 925,000 to 950,000 in the last 12 months, around AED 952 per sqft.

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Mortgage on 614, MAG 540

Starts from the last sale price (AED 778K, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 777,777
Deposit, UAE resident (20%)
AED 155,555
Deposit, non-resident (40%)
AED 311,111
Monthly over 25 years at 3.7%
AED 3,182

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