306, MAG 520
Sold prices and rental history: sold once, by the developer in March 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, MAG 520
What is 306 worth today?
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Source: Dubai Land Department. Updated 1 July 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 3rd of 6
- Parking
- G-31
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,600 /yr
- Last sold
- AED 484K · March 2019
- Building
- MAG 520
About 306, MAG 520
306 is a one-bedroom apartment of 483 sqft on the 3rd floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 3 March 2019 for AED 484,050, or AED 1,002 per sqft, 13% above the AED 883 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 26,000 a year: a gross yield of 5.4% on the 2019 price, before the service charge of about AED 8,600 a year.
Sales and rents for 306 over time
306 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 520, and where 306 sits
All 60 1-beds →306 last sold in March 2019 at AED 1,002 per sqft, 13% above what one-beds in MAG 520 were fetching at the time (AED 883). Over the last 12 months one-beds sold for AED 500,000 to 670,000, around AED 1,174 per sqft, and rent for AED 30,000 to 60,000 a year. 306's AED 26,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Oct 202624 October 2026 | 483 sqft | 570,000 | 1,180 | ||
| 7 Aug 20267 August 2026 | 622 sqft | 670,000 | 1,076 | ||
| 23 Jun 202623 June 2026 | 514 sqft | 600,000 | 1,167 | ||
| 24 Apr 202624 April 2026 | 478 sqft | 500,000 | 1,045 |
MAG 520
Building131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 11 sold in the last 12 months.
- Typical price per sqft
- AED 1,180
- Typical sale
- AED 570K
- Typical rent
- AED 42K /yr
- Typical yield
- 7.9%
Other units on the 3rd floor
All 131 units in MAG 520| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 480KAED 480,000 · May 2019May 2019 | ||
| 302 | Studio | 387 sqft | AED 450KAED 450,000 · Nov 2026November 2026 | ||
| 303 | Studio | 365 sqft | AED 420KAED 420,000 · Feb 2025February 2025 | 35,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 459KAED 458,720 · Jul 2019July 2019 | 48,000 /yr | |
| 305 | 2-bed | 669 sqft | AED 569KAED 568,555 · Sep 2019September 2019 | 40,890 /yr | |
| 307 | Studio | 387 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 41,000 /yr | |
| 308 | Studio | 347 sqft | AED 280KAED 280,000 · Aug 2022August 2022 | 38,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 590KAED 590,000 · Jan 2026January 2026 | 53,000 /yr | |
| 310 | 2-bed | 667 sqft | AED 497KAED 497,000 · Sep 2019September 2019 | 48,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 440KAED 440,000 · Mar 2019March 2019 | 38,791 /yr | |
| 312 | 1-bed | 656 sqft | AED 600KAED 600,000 · Mar 2025March 2025 | 57,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 300KAED 300,000 · Nov 2022November 2022 | 60,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 450KAED 450,000 · Sep 2023September 2023 | 54,000 /yr | |
| 315 | Studio | 410 sqft | AED 376KAED 376,000 · Apr 2019April 2019 | 37,000 /yr | |
| 316 | Studio | 410 sqft | AED 380KAED 380,000 · Apr 2019April 2019 | 34,000 /yr | |
| 317 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 28,000 /yr | |
| 318 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 38,000 /yr | |
| 319 | 1-bed | 514 sqft | AED 436KAED 436,000 · May 2019May 2019 | 40,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 454KAED 454,000 · Nov 2018November 2018 | 47,000 /yr | |
| 321 | Studio | 360 sqft | AED 400KAED 400,000 · Jul 2024July 2024 | 35,000 /yr | |
| 322 | Studio | 360 sqft | AED 388KAED 388,000 · Jul 2024July 2024 | 44,000 /yr |
306, MAG 520 in numbers
- Sold once: by MAG on 3 March 2019 for AED 484,050, or AED 1,002 per sqft.
- Rented since July 2021 on 2 Ejari contracts, at AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2019 price is 5.4%, before a service charge of about AED 8,600 a year (AED 17.72 per sqft).
- One-beds in MAG 520 sold for AED 500,000–670,000 in the 12 months to November 2026; the building's median across all types is AED 1,180 per sqft.
Source: Dubai Land Department. Updated 1 July 2022.
Questions about 306, MAG 520
What did unit 306 last sell for?
AED 484,050 on 3 March 2019, sold by the developer: AED 1,002 per sqft for 483 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 26,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 26,000.
How big is unit 306?
483 sqft (44.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 520 sold for AED 500,000 to 670,000 in the last 12 months, around AED 1,174 per sqft.
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Mortgage on 306, MAG 520
Starts from the last sale price (AED 484K, 3 March 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 484,050
- Deposit, UAE resident (20%)
- AED 96,810
- Deposit, non-resident (40%)
- AED 193,620
- Monthly over 25 years at 3.7%
- AED 1,980
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →