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1-bed · 638 sqftMAG 545, Dubai South · 6th floor · completed 2020

608, MAG 545

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

Unit 608 · DLD and Ejari recordsUpdated 31 May 2024
Last soldAED 546K10 July 2016
Current rentAED 33K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 608, MAG 545

What is 608 worth today?

Last sold for AED 545,555 in 2016

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31 May 2024RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
1 Jun 2023RentedRenewal
AED 29,000/yr12 months · AED 45 per sqft
1 Jun 2022RentedNew contract
AED 29,000/yr12 months · AED 45 per sqft
20 Nov 2019RentedNew contract
AED 29,000/yr12 months · AED 45 per sqft
10 Jul 2016Sold by developerOff-plan
AED 545,555AED 854 per sqft

Source: Dubai Land Department. Updated 31 May 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
6th of 6
Parking
G-82
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 546K · July 2016
Building
MAG 545

About 608, MAG 545

608 is a one-bedroom apartment of 638 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 545,555, or AED 854 per sqft, 4% above the AED 825 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 31 May 2024, is AED 33,000 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 9,100 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in MAG 545
500K600K2016201920222025Typical sale price by year: 2016 AED 525,555; 2017 AED 505,277; 2018 AED 536,488; 2019 AED 520,555; 2024 AED 599,500; 2025 AED 647,500; 2026 AED 670,000Sold by developer, July 2016: AED 545,555 (AED 854 per sqft)

608 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 608, each contractTypical one-bed in MAG 545
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 33,500; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 50,000New contract, November 2019: AED 29,000 a yearNew contract, June 2022: AED 29,000 a yearRenewal, June 2023: AED 29,000 a yearNew contract, May 2024: AED 33,000 a year

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 608 sits

All 48 1-beds →

608 last sold in July 2016 at AED 854 per sqft, 4% above 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. 608's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 2026670,000
9 Sep 2026620,000
18 Jun 2026680,000
12 Dec 2025720,000
5 1-bed 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
607StudioAED 411K · Oct 2016
1–7 of 13

608, MAG 545 in numbers

  • Sold once: by MAG on 10 July 2016 for AED 545,555, or AED 854 per sqft.
  • Rented since November 2019 on 4 Ejari contracts, from AED 29,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2016 price is 6.0%, 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 31 May 2024.

Questions about 608, MAG 545

What did unit 608 last sell for?

AED 545,555 on 10 July 2016, sold by the developer: AED 854 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 33,000 a year on the contract signed on 31 May 2024. The previous contract, from June 2023, was AED 29,000; the unit has been rented since November 2019.

How big is unit 608?

638 sqft (59.3 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 608 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 608, MAG 545

Starts from the last sale price (AED 546K, 10 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 545,555
Deposit, UAE resident (20%)
AED 109,111
Deposit, non-resident (40%)
AED 218,222
Monthly over 25 years at 3.7%
AED 2,232

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