2-bed · 1,041 sqftMAG 545, Dubai South · 5th floor · completed 2020

501, MAG 545

Sold prices and rental history: sold once, by the developer in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 28 May 2018
Last soldAED 781K28 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, MAG 545

What is 501 worth today?

Last sold for AED 781,049 in 2018

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28 May 2018Sold by developerOff-plan
AED 781,049AED 750 per sqft

Source: Dubai Land Department. Updated 28 May 2018.

Key facts

Type
2-bed apartment
Size
1,041 sqft
Floor
5th of 6
Parking
G-59
Developer
MAG
Completed
2020
Service charge
AED 14,800 /yr
Last sold
AED 781K · May 2018
Building
MAG 545

About 501, MAG 545

501 is a two-bedroom apartment of 1,041 sqft on the 5th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 28 May 2018 for AED 781,049, or AED 750 per sqft, in line with the AED 766 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in MAG 545
800K1M20182020202220242026Typical sale price by year: 2022 AED 715,364; 2024 AED 984,500; 2025 AED 999,000Sold by developer, May 2018: AED 781,049 (AED 750 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in MAG 545
40K60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 55,000; 2021 AED 37,500; 2023 AED 49,880; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 75,000

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

2-beds in MAG 545, and where 501 sits

All 24 2-beds →

501 last sold in May 2018 at AED 750 per sqft, in line with what two-beds in MAG 545 were fetching at the time (AED 766). Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,087 per sqft, and rent for AED 70,000 to 78,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jun 20261,050,000
7 Aug 20251,080,000
13 Jun 2025999,000
4 Jun 2025999,000
1 2-bed sale in the last 12 months

MAG 545

Building

86 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 1,059
Typical sale
AED 675K
Typical rent
AED 51K /yr
Typical yield
7.4%
MAG 545, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 86 units in MAG 545
Value
5021-bedAED 526K · Jul 2016
503StudioAED 391K · Nov 2016
5041-bedAED 546K · Jul 2016
5052-bedNo registered sale
5061-bedAED 526K · Aug 2016
507StudioAED 400K · Oct 2024
5081-bedAED 405K · May 2024
1–7 of 13

501, MAG 545 in numbers

  • Sold once: by MAG on 28 May 2018 for AED 781,049, or AED 750 per sqft.
  • Two-beds in MAG 545 sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,059 per sqft.

Source: Dubai Land Department. Updated 28 May 2018.

Questions about 501, MAG 545

What did unit 501 last sell for?

AED 781,049 on 28 May 2018, sold by the developer: AED 750 per sqft for 1,041 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,041 sqft (96.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 545 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,087 per sqft.

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Mortgage on 501, MAG 545

Starts from the last sale price (AED 781K, 28 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 781,049
Deposit, UAE resident (20%)
AED 156,210
Deposit, non-resident (40%)
AED 312,420
Monthly over 25 years at 3.7%
AED 3,196

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