Studio · 473 sqftMAG 545, Dubai South · 6th floor · completed 2020

607, MAG 545

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 27 February 2025
Last soldAED 411K10 October 2016
Current rentAED 35K /yr27 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, MAG 545

What is 607 worth today?

Last sold for AED 410,555 in 2016

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27 Feb 2025RentedNew contract
AED 35,000/yr12 months · AED 74 per sqft
15 Jan 2021RentedRenewal
AED 18,000/yr12 months · AED 38 per sqft
15 Dec 2019RentedNew contract
AED 21,000/yr13 months · AED 44 per sqft
10 Oct 2016Sold by developerOff-plan
AED 410,555AED 867 per sqft

Source: Dubai Land Department. Updated 27 February 2025.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
6th of 6
Parking
G-81
Developer
MAG
Completed
2020
Service charge
AED 6,700 /yr
Last sold
AED 411K · October 2016
Building
MAG 545

About 607, MAG 545

607 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. The developer sold it on 10 October 2016 for AED 410,555, or AED 867 per sqft, 4% above the AED 835 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 27 February 2025, is AED 35,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 6,700 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical studio in MAG 545
350K400K2016201920222025Typical sale price by year: 2016 AED 385,555; 2019 AED 347,500; 2024 AED 385,000Sold by developer, October 2016: AED 410,555 (AED 867 per sqft)

607 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 607, 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, January 2021: AED 18,000 a yearNew contract, February 2025: AED 35,000 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 607 sits

All 12 studios →

607 last sold in October 2016 at AED 867 per sqft, 4% above what studios in MAG 545 were fetching at the time (AED 835). 607's AED 35,000 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
21 Mar 2024385,000
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
603StudioAED 385K · Mar 2024
6041-bedAED 546K · Jul 2016
6052-bedAED 1M · May 2025
6061-bedAED 551K · Jul 2016
6081-bedAED 546K · Jul 2016
1–7 of 13

607, MAG 545 in numbers

  • Sold once: by MAG on 10 October 2016 for AED 410,555, or AED 867 per sqft.
  • Rented since December 2019 on 3 Ejari contracts. The rent fell from AED 21,000 to AED 18,000 in 2021 and recovered to AED 35,000 by February 2025.
  • At AED 35,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 27 February 2025.

Questions about 607, MAG 545

What did unit 607 last sell for?

AED 410,555 on 10 October 2016, sold by the developer: AED 867 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 35,000 a year on the contract signed on 27 February 2025. The previous contract, from January 2021, was AED 18,000; the unit has been rented since December 2019.

How big is unit 607?

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

What is unit 607 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 607, MAG 545

Starts from the last sale price (AED 411K, 10 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 410,555
Deposit, UAE resident (20%)
AED 82,111
Deposit, non-resident (40%)
AED 164,222
Monthly over 25 years at 3.7%
AED 1,680

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