Studio · 476 sqftMAG 530, Dubai South · 3rd floor · completed 2020

303, MAG 530

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 11 January 2026
Last soldAED 320K4 July 2023
Current rentAED 48K /yr11 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, MAG 530

What is 303 worth today?

Last sold for AED 320,000 in 2023

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11 Jan 2026RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
29 Nov 2024RentedRenewal
AED 34,000/yr12 months · AED 72 per sqft
28 Nov 2024RentedRenewal
AED 33,906/yr12 months · AED 72 per sqft
28 Nov 2023RentedNew contract
AED 34,000/yr12 months · AED 72 per sqft
4 Jul 2023SoldReady
AED 320,000AED 671 per sqft
3 Jan 2019Sold by developerOff-plan
AED 399,000AED 837 per sqft

Source: Dubai Land Department. Updated 11 January 2026.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
3rd of 6
Parking
G-33
Developer
MAG
Completed
2020
Service charge
AED 7,700 /yr
Last sold
AED 320K · July 2023
Building
MAG 530

About 303, MAG 530

303 is a studio of 476 sqft on the 3rd floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 4 July 2023 for AED 320,000, or AED 671 per sqft.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 11 January 2026, is AED 48,000 a year: a gross yield of 15.0% on the 2023 price, before the service charge of about AED 7,700 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in MAG 530
300K400K2017201920212023Typical sale price by year: 2017 AED 402,476; 2018 AED 447,778Sold by developer, January 2019: AED 399,000 (AED 837 per sqft)Sold, July 2023: AED 320,000 (AED 671 per sqft)

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

Rents
Unit 303, each contractTypical studio in MAG 530
20K40K20192021202320252027Typical rent by year: 2019 AED 24,500; 2020 AED 21,000; 2021 AED 19,500; 2022 AED 19,500; 2023 AED 23,575; 2024 AED 25,358; 2025 AED 29,100; 2026 AED 41,000New contract, November 2023: AED 34,000 a yearRenewal, November 2024: AED 34,000 a yearRenewal, November 2024: AED 33,906 a yearNew contract, January 2026: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 530, and where 303 sits

All 12 studios →

Over the last 12 months studios sold for AED 540,000, around AED 1,133 per sqft, and rent for AED 30,000 to 48,000 a year. 303's AED 48,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Dec 2025540,000
27 Sep 2024455,000
27 Sep 2023335,000
24 Mar 2021270,000
1 studio sale in the last 12 months

MAG 530

Building

92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,133
Typical sale
AED 795K
Typical rent
AED 50K /yr
Typical yield
7.0%
MAG 530, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 92 units in MAG 530
Value
3012-bedAED 816K · Jul 2017
3021-bedAED 566K · Nov 2017
3041-bedAED 547K · Mar 2017
3052-bedAED 719K · Mar 2023
3061-bedAED 536K · Apr 2017
307StudioAED 456K · Jan 2017
3081-bedAED 700K · May 2025
1–7 of 14

303, MAG 530 in numbers

  • Sold twice: first on 3 January 2019 for AED 399,000, last on 4 July 2023 for AED 320,000 (AED 671 per sqft).
  • Rented since November 2023 on 4 Ejari contracts, from AED 34,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2023 price is 15.0%, before a service charge of about AED 7,700 a year (AED 16.14 per sqft).
  • Studios in MAG 530 sold for AED 540,000–540,000 in the 12 months to November 2026; the building's median across all types is AED 1,133 per sqft.

Source: Dubai Land Department. Updated 11 January 2026.

Questions about 303, MAG 530

What did unit 303 last sell for?

AED 320,000 on 4 July 2023: AED 671 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 399,000 in January 2019.

What is the rent for unit 303?

AED 48,000 a year on the contract signed on 11 January 2026. The previous contract, from November 2024, was AED 34,000; the unit has been rented since November 2023.

How big is unit 303?

476 sqft (44.2 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 530 sold for AED 540,000 to 540,000 in the last 12 months, around AED 1,133 per sqft.

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Mortgage on 303, MAG 530

Starts from the last sale price (AED 320K, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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