1-bed · 666 sqftMAG 525, Dubai South · 3rd floor · completed 2020

306, MAG 525

Sold prices and rental history: sold twice, last in November 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 21 November 2022
Last soldAED 392K21 November 2022
Current rentAED 25K /yr11 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, MAG 525

What is 306 worth today?

Last sold for AED 392,000 in 2022

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21 Nov 2022SoldReady
AED 392,000AED 588 per sqft
11 Oct 2021RentedNew contract
AED 25,000/yr12 months · AED 37 per sqft
11 Oct 2020RentedNew contract
AED 25,000/yr12 months · AED 37 per sqft
15 Aug 2019RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
26 Dec 2017Sold by developerOff-plan
AED 535,555AED 804 per sqft

Source: Dubai Land Department. Updated 21 November 2022.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
3rd of 6
Parking
G-36
Developer
MAG
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 392K · November 2022
Building
MAG 525

About 306, MAG 525

306 is a one-bedroom apartment of 666 sqft on the 3rd floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 21 November 2022 for AED 392,000, or AED 588 per sqft, 8% below the AED 639 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 11 October 2021, is AED 25,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 11,400 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in MAG 525
400K600K2017202020232026Typical sale price by year: 2017 AED 545,028; 2018 AED 551,308; 2019 AED 552,028; 2022 AED 410,000; 2024 AED 590,000; 2025 AED 680,000; 2026 AED 730,000Sold by developer, December 2017: AED 535,555 (AED 804 per sqft)Sold, November 2022: AED 392,000 (AED 588 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in MAG 525
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 42,250; 2025 AED 52,000; 2026 AED 52,000New contract, August 2019: AED 30,000 a yearNew contract, October 2020: AED 25,000 a yearNew contract, October 2021: AED 25,000 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 525, and where 306 sits

All 66 1-beds →

306 last sold in November 2022 at AED 588 per sqft, 8% below what one-beds in MAG 525 were fetching at the time (AED 639). Over the last 12 months one-beds sold for AED 699,999 to 775,000, around AED 1,117 per sqft, and rent for AED 34,000 to 62,000 a year. 306's AED 25,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2026740,000
26 Jun 2026730,000
12 May 2026710,000
9 Mar 2026699,999
6 1-bed sales in the last 12 months

MAG 525

Building

92 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 1,117
Typical sale
AED 735K
Typical rent
AED 52K /yr
Typical yield
7.1%
MAG 525, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 92 units in MAG 525
Value
3012-bedAED 680K · Oct 2022
3021-bedAED 635K · Nov 2024
303StudioAED 406K · Jan 2017
3041-bedAED 531K · Dec 2017
3052-bedAED 813K · Apr 2017
307StudioAED 320K · Jan 2024
3081-bedAED 536K · Jan 2017
1–7 of 14

306, MAG 525 in numbers

  • Sold twice: first on 26 December 2017 for AED 535,555, last on 21 November 2022 for AED 392,000 (AED 588 per sqft).
  • Rented since August 2019 on 3 Ejari contracts, from AED 30,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2022 price is 6.4%, before a service charge of about AED 11,400 a year (AED 17.19 per sqft).
  • One-beds in MAG 525 sold for AED 699,999–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,117 per sqft.

Source: Dubai Land Department. Updated 21 November 2022.

Questions about 306, MAG 525

What did unit 306 last sell for?

AED 392,000 on 21 November 2022: AED 588 per sqft for 666 sqft. The unit has 2 registered sales; the first was AED 535,555 in December 2017.

What is the rent for unit 306?

AED 25,000 a year on the contract signed on 11 October 2021. The previous contract, from October 2020, was AED 25,000; the unit has been rented since August 2019.

How big is unit 306?

666 sqft (61.9 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 525 sold for AED 699,999 to 775,000 in the last 12 months, around AED 1,117 per sqft.

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Mortgage on 306, MAG 525

Starts from the last sale price (AED 392K, 21 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 392,000
Deposit, UAE resident (20%)
AED 78,400
Deposit, non-resident (40%)
AED 156,800
Monthly over 25 years at 3.7%
AED 1,604

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