1-bed · 666 sqftMAG 530, Dubai South · 3rd floor · completed 2020

306, MAG 530

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 536K30 April 2017
Current rentAED 45K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, MAG 530

What is 306 worth today?

Last sold for AED 535,555 in 2017

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1 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 68 per sqft
1 Jan 2024RentedRenewal
AED 29,000/yr12 months · AED 43 per sqft
1 Jan 2023RentedRenewal
AED 29,000/yr12 months · AED 43 per sqft
1 Jan 2022RentedRenewal
AED 29,000/yr12 months · AED 43 per sqft
1 Jan 2021RentedRenewal
AED 29,000/yr12 months · AED 43 per sqft
1 Jan 2020RentedNew contract
AED 29,000/yr12 months · AED 43 per sqft
30 Apr 2017Sold by developerOff-plan
AED 535,555AED 804 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
3rd of 6
Parking
G-37
Developer
MAG
Completed
2020
Service charge
AED 10,700 /yr
Last sold
AED 536K · April 2017
Building
MAG 530

About 306, MAG 530

306 is a one-bedroom apartment of 666 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 30 April 2017 for AED 535,555, or AED 804 per sqft, 5% below the AED 847 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 April 2025, is AED 45,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 10,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in MAG 530
500K600K700K2017202020232026Typical sale price by year: 2017 AED 549,000; 2018 AED 545,555; 2019 AED 536,812; 2023 AED 497,500; 2024 AED 530,000; 2025 AED 670,000Sold by developer, April 2017: AED 535,555 (AED 804 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in MAG 530
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 50,400; 2026 AED 50,000New contract, January 2020: AED 29,000 a yearRenewal, January 2021: AED 29,000 a yearRenewal, January 2022: AED 29,000 a yearRenewal, January 2023: AED 29,000 a yearRenewal, January 2024: AED 29,000 a yearNew contract, April 2025: AED 45,000 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 530, and where 306 sits

All 66 1-beds →

306 last sold in April 2017 at AED 804 per sqft, 5% below what one-beds in MAG 530 were fetching at the time (AED 847). Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 35,490 to 65,000 a year. 306's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025745,000
20 Aug 2025690,000
12 Aug 2025730,000
30 May 2025700,000
1 1-bed 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
303StudioAED 320K · Jul 2023
3041-bedAED 547K · Mar 2017
3052-bedAED 719K · Mar 2023
307StudioAED 456K · Jan 2017
3081-bedAED 700K · May 2025
1–7 of 14

306, MAG 530 in numbers

  • Sold once: by MAG on 30 April 2017 for AED 535,555, or AED 804 per sqft.
  • Rented since January 2020 on 6 Ejari contracts, from AED 29,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 10,700 a year (AED 16.14 per sqft).
  • One-beds in MAG 530 sold for AED 745,000–745,000 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 1 April 2025.

Questions about 306, MAG 530

What did unit 306 last sell for?

AED 535,555 on 30 April 2017, sold by the developer: AED 804 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 45,000 a year on the contract signed on 1 April 2025. The previous contract, from January 2024, was AED 29,000; the unit has been rented since January 2020.

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 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.

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Mortgage on 306, MAG 530

Starts from the last sale price (AED 536K, 30 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 535,555
Deposit, UAE resident (20%)
AED 107,111
Deposit, non-resident (40%)
AED 214,222
Monthly over 25 years at 3.7%
AED 2,191

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