602, MAG 545
Sold prices and rental history: sold once, by the developer in July 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 602, MAG 545
What is 602 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 6th of 6
- Parking
- G-76
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,500 /yr
- Last sold
- AED 551K · July 2016
- Building
- MAG 545
About 602, MAG 545
602 is a one-bedroom apartment of 667 sqft on the 6th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 July 2016 for AED 550,555, or AED 825 per sqft, in line with the AED 825 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 39,930 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 9,500 a year.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 48 1-beds →602 last sold in July 2016 at AED 825 per sqft, in line with what one-beds in MAG 545 were fetching at the time (AED 825). 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. 602's AED 39,930 is in the lower 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 51K /yr
- Typical yield
- 7.4%
Other units on the 6th floor
All 86 units in MAG 545| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,041 sqft | AED 1.08MAED 1,080,000 · Aug 2025August 2025 | 37,000 /yr | |
| 603 | Studio | 473 sqft | AED 385KAED 385,000 · Mar 2024March 2024 | 36,000 /yr | |
| 604 | 1-bed | 638 sqft | AED 546KAED 545,555 · Jul 2016July 2016 | 37,000 /yr | |
| 605 | 2-bed | 1,008 sqft | AED 1MAED 1,000,000 · May 2025May 2025 | 250,348 /yr | |
| 606 | 1-bed | 667 sqft | AED 551KAED 550,555 · Jul 2016July 2016 | 40,000 /yr | |
| 607 | Studio | 473 sqft | AED 411KAED 410,555 · Oct 2016October 2016 | 35,000 /yr | |
| 608 | 1-bed | 638 sqft | AED 546KAED 545,555 · Jul 2016July 2016 | 33,000 /yr | |
| 609 | 1-bed | 639 sqft | AED 500KAED 499,999 · Feb 2019February 2019 | 41,200 /yr | |
| 610 | 1-bed | 638 sqft | AED 534KAED 534,295 · Apr 2019April 2019 | 50,000 /yr | |
| 611 | 1-bed | 634 sqft | AED 560KAED 560,000 · Oct 2017October 2017 | 50,000 /yr | |
| 612 | 1-bed | 637 sqft | AED 537KAED 537,420 · Jun 2018June 2018 | 52,500 /yr | |
| 613 | 2-bed | 966 sqft | AED 545KAED 545,000 · Jun 2023June 2023 | 35,000 /yr | |
| 614 | 2-bed | 966 sqft | AED 999KAED 999,000 · Jul 2024July 2024 | 70,000 /yr |
602, MAG 545 in numbers
- Sold once: by MAG on 10 July 2016 for AED 550,555, or AED 825 per sqft.
- Rented since February 2020 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2022 and recovered to AED 39,930 by February 2026.
- At AED 39,930 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 9,500 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 15 February 2026.
Questions about 602, MAG 545
What did unit 602 last sell for?
AED 550,555 on 10 July 2016, sold by the developer: AED 825 per sqft for 667 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 39,930 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 36,300; the unit has been rented since February 2020.
How big is unit 602?
667 sqft (62.0 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 602 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.
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Mortgage on 602, MAG 545
Starts from the last sale price (AED 551K, 10 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 550,555
- Deposit, UAE resident (20%)
- AED 110,111
- Deposit, non-resident (40%)
- AED 220,222
- Monthly over 25 years at 3.7%
- AED 2,252
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →