1-bed · 623 sqftMAG 530, Dubai South · 3rd floor · completed 2020

311, MAG 530

Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 15 September 2026
Last soldAED 544K30 April 2017
Current rentAED 39K /yr15 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311, MAG 530

What is 311 worth today?

Last sold for AED 544,444 in 2017

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15 Sep 2026RentedRenewal
AED 39,380/yr12 months · AED 63 per sqft
15 Sep 2025RentedRenewal
AED 35,800/yr12 months · AED 57 per sqft
15 Sep 2024RentedRenewal
AED 32,315/yr12 months · AED 52 per sqft
15 Sep 2023RentedRenewal
AED 28,100/yr12 months · AED 45 per sqft
15 Sep 2022RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
15 Sep 2021RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
30 Apr 2017Sold by developerOff-plan
AED 544,444AED 874 per sqft

Source: Dubai Land Department. Updated 15 September 2026.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
3rd of 6
Parking
G-42
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 544K · April 2017
Building
MAG 530

About 311, MAG 530

311 is a one-bedroom apartment of 623 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 544,444, or AED 874 per sqft, 3% above the AED 847 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 September 2026, is AED 39,380 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 10,100 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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 544,444 (AED 874 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in MAG 530
40K201920222025Typical 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, September 2021: AED 27,000 a yearNew contract, September 2022: AED 27,000 a yearRenewal, September 2023: AED 28,100 a yearRenewal, September 2024: AED 32,315 a yearRenewal, September 2025: AED 35,800 a yearRenewal, September 2026: AED 39,380 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 311 sits

All 66 1-beds →

311 last sold in April 2017 at AED 874 per sqft, 3% above 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. 311's AED 39,380 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
3061-bedAED 536K · Apr 2017
307StudioAED 456K · Jan 2017
1–7 of 14

311, MAG 530 in numbers

  • Sold once: by MAG on 30 April 2017 for AED 544,444, or AED 874 per sqft.
  • Rented since September 2021 on 6 Ejari contracts, from AED 27,000 to AED 39,380 a year.
  • At AED 39,380 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 10,100 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 15 September 2026.

Questions about 311, MAG 530

What did unit 311 last sell for?

AED 544,444 on 30 April 2017, sold by the developer: AED 874 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 39,380 a year on the contract renewed on 15 September 2026. The previous contract, from September 2025, was AED 35,800; the unit has been rented since September 2021.

How big is unit 311?

623 sqft (57.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 311 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 311, MAG 530

Starts from the last sale price (AED 544K, 30 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 544,444
Deposit, UAE resident (20%)
AED 108,889
Deposit, non-resident (40%)
AED 217,778
Monthly over 25 years at 3.7%
AED 2,227

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