503, MAG 545
Sold prices and rental history: sold once, by the developer in November 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, MAG 545
What is 503 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 5th of 6
- Parking
- G-61
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,700 /yr
- Last sold
- AED 391K · November 2016
- Building
- MAG 545
About 503, MAG 545
503 is a studio of 473 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 30 November 2016 for AED 390,555, or AED 825 per sqft, in line with the AED 825 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 40,000 a year: a gross yield of 10.2% on the 2016 price, before the service charge of about AED 6,700 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 545, and where 503 sits
All 12 studios →503 last sold in November 2016 at AED 825 per sqft, in line with what studios in MAG 545 were fetching at the time (AED 825). 503's AED 40,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Sep 20258 September 2025 | 473 sqft | 480,000 | 1,013 | ||
| 3 Oct 20243 October 2024 | 473 sqft | 400,000 | 844 | ||
| 29 Apr 202429 April 2024 | 473 sqft | 383,000 | 809 | ||
| 21 Mar 202421 March 2024 | 473 sqft | 385,000 | 813 |
MAG 545
Building86 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 50K /yr
- Typical yield
- 7.4%
Other units on the 5th floor
All 86 units in MAG 545| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,041 sqft | AED 781KAED 781,049 · May 2018May 2018 | ||
| 502 | 1-bed | 667 sqft | AED 526KAED 525,555 · Jul 2016July 2016 | 53,000 /yr | |
| 504 | 1-bed | 638 sqft | AED 546KAED 545,555 · Jul 2016July 2016 | 55,000 /yr | |
| 505 | 2-bed | 1,008 sqft | No registered sale | 75,000 /yr | |
| 506 | 1-bed | 667 sqft | AED 526KAED 525,555 · Aug 2016August 2016 | 55,000 /yr | |
| 507 | Studio | 473 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 27,000 /yr | |
| 508 | 1-bed | 638 sqft | AED 405KAED 404,513 · May 2024May 2024 | 60,000 /yr | |
| 509 | 1-bed | 639 sqft | AED 635KAED 635,000 · Nov 2025November 2025 | 48,000 /yr | |
| 510 | 1-bed | 638 sqft | AED 670KAED 670,000 · Oct 2026October 2026 | 53,000 /yr | |
| 511 | 1-bed | 634 sqft | AED 720KAED 720,000 · Dec 2025December 2025 | 30,000 /yr | |
| 512 | 1-bed | 637 sqft | AED 680KAED 680,000 · Jun 2026June 2026 | 30,000 /yr | |
| 513 | 2-bed | 966 sqft | No registered sale | 65,000 /yr | |
| 514 | 2-bed | 966 sqft | No registered sale | 75,000 /yr |
503, MAG 545 in numbers
- Sold once: by MAG on 30 November 2016 for AED 390,555, or AED 825 per sqft.
- Rented since June 2020 on 8 Ejari contracts, from AED 20,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2016 price is 10.2%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).
Source: Dubai Land Department. Updated 1 May 2026.
Questions about 503, MAG 545
What did unit 503 last sell for?
AED 390,555 on 30 November 2016, sold by the developer: AED 825 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 40,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 40,000; the unit has been rented since June 2020.
How big is unit 503?
473 sqft (43.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.
What is unit 503 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 503, MAG 545
Starts from the last sale price (AED 391K, 30 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 390,555
- Deposit, UAE resident (20%)
- AED 78,111
- Deposit, non-resident (40%)
- AED 156,222
- Monthly over 25 years at 3.7%
- AED 1,598
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →