307, MAG 530
Sold prices and rental history: sold once, by the developer in January 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, MAG 530
What is 307 worth today?
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Source: Dubai Land Department. Updated 2 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 3rd of 6
- Parking
- G-38
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,600 /yr
- Last sold
- AED 456K · January 2017
- Building
- MAG 530
About 307, MAG 530
307 is a studio of 473 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 5 January 2017 for AED 455,555, or AED 962 per sqft, in line with the AED 962 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 2 October 2026, is AED 42,000 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 7,600 a year.
Sales and rents for 307 over time
307 has sold once; the dashed line is the studio median of each year in the building.
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 307 sits
All 12 studios →307 last sold in January 2017 at AED 962 per sqft, in line with what studios in MAG 530 were fetching at the time (AED 962). 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. 307's AED 42,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 Dec 202518 December 2025 | 476 sqft | 540,000 | 1,133 | ||
| 27 Sep 202427 September 2024 | 476 sqft | 455,000 | 955 | ||
| 27 Sep 202327 September 2023 | 476 sqft | 335,000 | 703 | ||
| 4 Jul 20234 July 2023 | 476 sqft | 320,000 | 671 |
MAG 530
Building92 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%
Other units on the 3rd floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | ||
| 305 | 2-bed | 1,005 sqft | AED 719KAED 718,750 · Mar 2023March 2023 | 70,000 /yr | |
| 306 | 1-bed | 666 sqft | AED 536KAED 535,555 · Apr 2017April 2017 | 45,000 /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 |
307, MAG 530 in numbers
- Sold once: by MAG on 5 January 2017 for AED 455,555, or AED 962 per sqft.
- Rented since August 2019 on 8 Ejari contracts. The rent fell from AED 24,000 to AED 19,000 in 2022 and recovered to AED 42,000 by October 2026.
- At AED 42,000 a year the gross yield on the 2017 price is 9.2%, before a service charge of about AED 7,600 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 2 October 2026.
Questions about 307, MAG 530
What did unit 307 last sell for?
AED 455,555 on 5 January 2017, sold by the developer: AED 962 per sqft for 473 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 42,000 a year on the contract signed on 2 October 2026. The previous contract, from October 2025, was AED 42,000; the unit has been rented since August 2019.
How big is unit 307?
473 sqft (43.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 307 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 307, MAG 530
Starts from the last sale price (AED 456K, 5 January 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 455,555
- Deposit, UAE resident (20%)
- AED 91,111
- Deposit, non-resident (40%)
- AED 182,222
- Monthly over 25 years at 3.7%
- AED 1,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →