508, MAG 545
Sold prices and rental history: sold twice, last in May 2024, 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 508, MAG 545
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 5th of 6
- Parking
- G-68
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,100 /yr
- Last sold
- AED 405K · May 2024
- Building
- MAG 545
About 508, MAG 545
508 is a one-bedroom apartment of 638 sqft on the 5th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 9 May 2024 for AED 404,513, or AED 633 per sqft.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 20 December 2025, is AED 60,000 a year: a gross yield of 14.8% on the 2024 price, before the service charge of about AED 9,100 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in MAG 545, and where 508 sits
All 48 1-beds →Over the last 12 months one-beds sold for AED 620,000 to 720,000, around AED 1,050 per sqft, and rent for AED 37,400 to 66,000 a year. 508's AED 60,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 638 sqft | 670,000 | 1,050 | ||
| 9 Sep 20269 September 2026 | 638 sqft | 620,000 | 971 | ||
| 18 Jun 202618 June 2026 | 637 sqft | 680,000 | 1,067 | ||
| 12 Dec 202512 December 2025 | 634 sqft | 720,000 | 1,136 |
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 | |
| 503 | Studio | 473 sqft | AED 391KAED 390,555 · Nov 2016November 2016 | 40,000 /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 | |
| 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 |
508, MAG 545 in numbers
- Sold twice: first on 14 November 2016 for AED 545,555, last on 9 May 2024 for AED 404,513 (AED 633 per sqft).
- Rented since May 2020 on 7 Ejari contracts. The rent fell from AED 34,909 to AED 29,920 in 2021 and recovered to AED 60,000 by December 2025.
- At AED 60,000 a year the gross yield on the 2024 price is 14.8%, before a service charge of about AED 9,100 a year (AED 14.21 per sqft).
- One-beds in MAG 545 sold for AED 620,000–720,000 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 20 December 2025.
Questions about 508, MAG 545
What did unit 508 last sell for?
AED 404,513 on 9 May 2024: AED 633 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 545,555 in November 2016.
What is the rent for unit 508?
AED 60,000 a year on the contract signed on 20 December 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since May 2020.
How big is unit 508?
638 sqft (59.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 545 sold for AED 620,000 to 720,000 in the last 12 months, around AED 1,050 per sqft.
Selling 508? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 508, MAG 545
Starts from the last sale price (AED 405K, 9 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 404,513
- Deposit, UAE resident (20%)
- AED 80,903
- Deposit, non-resident (40%)
- AED 161,805
- Monthly over 25 years at 3.7%
- AED 1,655
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →