308, MAG 530
Sold prices and rental history: sold 3 times, last in May 2025, 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 308, MAG 530
What is 308 worth today?
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Source: Dubai Land Department. Updated 30 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 3rd of 6
- Parking
- G-39
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,300 /yr
- Last sold
- AED 700K · May 2025
- Building
- MAG 530
About 308, MAG 530
308 is a one-bedroom apartment of 638 sqft on the 3rd floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 30 May 2025 for AED 700,000, or AED 1,096 per sqft, 22% above the AED 900 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 13 March 2025, is AED 50,400 a year: a gross yield of 7.2% on the 2025 price, before the service charge of about AED 10,300 a year.
Sales and rents for 308 over time
308 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 66 1-beds →308 last sold in May 2025 at AED 1,096 per sqft, 22% above what one-beds in MAG 530 were fetching at the time (AED 900). 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. 308's AED 50,400 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 20 Aug 202520 August 2025 | 663 sqft | 690,000 | 1,041 | ||
| 12 Aug 202512 August 2025 | 666 sqft | 730,000 | 1,096 | ||
| 8 May 20258 May 2025 | 638 sqft | 625,000 | 980 |
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 | |
| 307 | Studio | 473 sqft | AED 456KAED 455,555 · Jan 2017January 2017 | 42,000 /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 |
308, MAG 530 in numbers
- Sold 3 times: first on 14 June 2017 for AED 520,000, last on 30 May 2025 for AED 700,000 (AED 1,096 per sqft).
- Rented since October 2019 on 6 Ejari contracts, from AED 30,000 to AED 50,400 a year.
- At AED 50,400 a year the gross yield on the 2025 price is 7.2%, before a service charge of about AED 10,300 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 30 May 2025.
Questions about 308, MAG 530
What did unit 308 last sell for?
AED 700,000 on 30 May 2025: AED 1,096 per sqft for 638 sqft. The unit has 3 registered sales; the first was AED 520,000 in June 2017.
What is the rent for unit 308?
AED 50,400 a year on the contract signed on 13 March 2025. The previous contract, from March 2025, was AED 50,400; the unit has been rented since October 2019.
How big is unit 308?
638 sqft (59.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 308 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 308, MAG 530
Starts from the last sale price (AED 700K, 30 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →