Home
Dubai prices
About
Research
Studio · 473 sqftMAG 545, Dubai South · 6th floor · completed 2020

603, MAG 545

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 385K21 March 2024
Current rentAED 36K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 603

Property timeline for 603, MAG 545

What is 603 worth today?

Last sold for AED 385,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

26 Jan 2026RentedRenewal
AED 36,000/yr12 months · AED 76 per sqft
26 Jan 2025RentedRenewal
AED 32,000/yr12 months · AED 68 per sqft
21 Mar 2024SoldReady
AED 385,000AED 813 per sqft
21 Mar 2024RentedNew contract
AED 33,147/yr10 months · AED 70 per sqft
26 Jan 2024RentedNew contract
AED 33,000/yr12 months · AED 70 per sqft
26 Jan 2023RentedRenewal
AED 21,500/yr12 months · AED 45 per sqft
24 Dec 2021RentedRenewal
AED 21,500/yr13 months · AED 45 per sqft
24 Dec 2020RentedRenewal
AED 21,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
6th of 6
Parking
G-77
Developer
MAG
Completed
2020
Service charge
AED 6,700 /yr
Last sold
AED 385K · March 2024
Building
MAG 545

About 603, MAG 545

603 is a studio of 473 sqft on the 6th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 21 March 2024 for AED 385,000, or AED 813 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 26 January 2026, is AED 36,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 6,700 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in MAG 545
350K375K400K2016201920222025Typical sale price by year: 2016 AED 385,555; 2019 AED 347,500; 2024 AED 385,000Sold by developer, August 2016: AED 395,555 (AED 835 per sqft)Sold, March 2024: AED 385,000 (AED 813 per sqft)

603 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 603, each contractTypical studio in MAG 545
20K30K40K20192021202320252027Typical rent by year: 2019 AED 21,500; 2020 AED 21,000; 2021 AED 19,000; 2022 AED 22,000; 2023 AED 22,000; 2024 AED 32,450; 2025 AED 34,000; 2026 AED 40,000New contract, December 2019: AED 21,000 a yearRenewal, December 2020: AED 21,000 a yearRenewal, December 2021: AED 21,500 a yearRenewal, January 2023: AED 21,500 a yearNew contract, January 2024: AED 33,000 a yearNew contract, March 2024: AED 33,147 a yearRenewal, January 2025: AED 32,000 a yearRenewal, January 2026: AED 36,000 a year

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 603 sits

All 12 studios →

603's AED 36,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Sep 2025480,000
3 Oct 2024400,000
29 Apr 2024383,000
31 Jul 2023366,374
0 studio sales 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 6th floor

All 86 units in MAG 545
Value
6012-bedAED 1.08M · Aug 2025
6021-bedAED 551K · Jul 2016
6041-bedAED 546K · Jul 2016
6052-bedAED 1M · May 2025
6061-bedAED 551K · Jul 2016
607StudioAED 411K · Oct 2016
6081-bedAED 546K · Jul 2016
1–7 of 13

603, MAG 545 in numbers

  • Sold twice: first on 24 August 2016 for AED 395,555, last on 21 March 2024 for AED 385,000 (AED 813 per sqft).
  • Rented since December 2019 on 8 Ejari contracts, from AED 21,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 26 January 2026.

Questions about 603, MAG 545

What did unit 603 last sell for?

AED 385,000 on 21 March 2024: AED 813 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 395,555 in August 2016.

What is the rent for unit 603?

AED 36,000 a year on the contract renewed on 26 January 2026. The previous contract, from January 2025, was AED 32,000; the unit has been rented since December 2019.

How big is unit 603?

473 sqft (43.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 603? 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.

How OpenOffers works

Mortgage on 603, MAG 545

Starts from the last sale price (AED 385K, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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