2-bed · 1,005 sqftMAG 530, Dubai South · 3rd floor · completed 2020

305, MAG 530

Sold prices and rental history: sold once, by the developer in March 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 305 · DLD and Ejari recordsUpdated 20 July 2024

Last soldAED 719K20 March 2023

Current rentAED 70K /yr20 July 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 305, MAG 530

Today

What is 305 worth today?

Last sold for AED 718,750 in 2023

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20 Jul 2024

20 Jul 2024RentedNew contract

AED 70,000/yr12 months · AED 70 per sqft

20 Mar 2023

20 Mar 2023Sold by developerReady

AED 718,750AED 715 per sqft

3 Sep 2019

3 Sep 2019RentedNew contract

AED 75,000/yr60 months · AED 75 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type: 2-bed apartment
Size: 1,005 sqft
Floor: 3rd of 6
Parking: G-35
Developer: MAG
Completed: 2020
Service charge: AED 16,200 /yr
Last sold: AED 719K · March 2023
Building: MAG 530

About 305, MAG 530

305 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 20 March 2023 for AED 718,750, or AED 715 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 July 2024, is AED 70,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 16,200 a year.

Sales and rents for 305 over time

Sales

Unit 305, each saleTypical two-bed in MAG 530

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

Rents

Unit 305, each contractTypical two-bed in MAG 530

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

2-beds in MAG 530, and where 305 sits

All 12 2-beds →

2-beds in MAG 530 · last 12 months1,046 /sqft MAG 530 · all types1,133 /sqft

Over the last 12 months two-beds sold for AED 795,000 to 1,150,000, around AED 1,046 per sqft, and rent for AED 62,000 to 80,000 a year. 305's AED 70,000 is in the lower half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
10 Mar 202610 March 2026	1,037 sqft	1,085,000	1,046
5 Jan 20265 January 2026	1,008 sqft	1,150,000	1,141
18 Nov 202518 November 2025	1,037 sqft	795,000	766
16 Jun 202516 June 2025	1,005 sqft	1,150,000	1,144

3 2-bed sales 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


301	2-bed	1,036 sqft	AED 816KAED 815,555 · Jul 2017July 2017	72,000 /yr
302	1-bed	666 sqft	AED 566KAED 565,555 · Nov 2017November 2017	36,384 /yr
303	Studio	476 sqft	AED 320KAED 320,000 · Jul 2023July 2023	48,000 /yr
304	1-bed	638 sqft	AED 547KAED 546,666 · Mar 2017March 2017
306	1-bed	666 sqft	AED 536KAED 535,555 · Apr 2017April 2017	45,000 /yr
307	Studio	473 sqft	AED 456KAED 455,555 · Jan 2017January 2017	42,000 /yr
308	1-bed	638 sqft	AED 700KAED 700,000 · May 2025May 2025	50,400 /yr
309	1-bed	638 sqft	AED 580KAED 580,000 · May 2024May 2024	30,000 /yr
310	1-bed	638 sqft	AED 552KAED 552,000 · Oct 2017October 2017	52,000 /yr
311	1-bed	623 sqft	AED 544KAED 544,444 · Apr 2017April 2017	39,380 /yr
312	1-bed	624 sqft	AED 625KAED 625,000 · Mar 2025March 2025	47,000 /yr
313	1-bed	654 sqft	AED 531KAED 530,555 · Jan 2019January 2019
314	1-bed	654 sqft	AED 550KAED 550,000 · May 2023May 2023	40,000 /yr
315	1-bed	663 sqft	AED 578KAED 577,777 · Jun 2017June 2017	54,000 /yr

1–7 of 14

305, MAG 530 in numbers

Sold once: by MAG on 20 March 2023 for AED 718,750, or AED 715 per sqft.
Rented since September 2019 on 2 Ejari contracts, from AED 75,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2023 price is 9.7%, before a service charge of about AED 16,200 a year (AED 16.14 per sqft).
Two-beds in MAG 530 sold for AED 795,000–1,150,000 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 20 July 2024.

Questions about 305, MAG 530

What did unit 305 last sell for?

AED 718,750 on 20 March 2023, sold by the developer: AED 715 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 70,000 a year on the contract signed on 20 July 2024. The previous contract, from September 2019, was AED 75,000.

How big is unit 305?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 530 sold for AED 795,000 to 1,150,000 in the last 12 months, around AED 1,046 per sqft.

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Mortgage on 305, MAG 530

Starts from the last sale price (AED 719K, 20 March 2023). Switch to today's estimate once you have unlocked it.

Price: AED 718,750
Deposit, UAE resident (20%): AED 143,750
Deposit, non-resident (40%): AED 287,500
Monthly over 25 years at 3.7%: AED 2,941

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