103, MAG 540
Sold prices and rental history: sold twice, last in March 2023, 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 103, MAG 540
What is 103 worth today?
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Source: Dubai Land Department. Updated 22 November 2025.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 1st of 6
- Parking
- G-03
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,500 /yr
- Last sold
- AED 270K · March 2023
- Building
- MAG 540
About 103, MAG 540
103 is a studio of 476 sqft on the 1st floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 13 March 2023 for AED 270,000, or AED 567 per sqft, in line with the AED 567 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 22 November 2025, is AED 48,000 a year: a gross yield of 17.8% on the 2023 price, before the service charge of about AED 7,500 a year.
Sales and rents for 103 over time
103 has sold twice; 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 540, and where 103 sits
All 12 studios →103 last sold in March 2023 at AED 567 per sqft, in line with what studios in MAG 540 were fetching at the time (AED 567). 103's AED 48,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jun 20239 June 2023 | 476 sqft | 300,000 | 630 | ||
| 18 Apr 202318 April 2023 | 476 sqft | 302,000 | 634 | ||
| 28 Dec 202228 December 2022 | 476 sqft | 275,000 | 577 | ||
| 21 Dec 202221 December 2022 | 476 sqft | 270,000 | 567 |
MAG 540
Building85 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,150
- Typical sale
- AED 795K
- Typical rent
- AED 58K /yr
- Typical yield
- 7.5%
Other units on the 1st floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,039 sqft | No registered sale | 75,000 /yr | |
| 102 | 1-bed | 665 sqft | AED 551KAED 550,957 · Jun 2016June 2016 | 77,333 /yr | |
| 104 | 1-bed | 640 sqft | AED 610KAED 610,000 · Jun 2024June 2024 | 33,000 /yr | |
| 105 | 2-bed | 1,005 sqft | No registered sale | 75,000 /yr | |
| 106 | 1-bed | 665 sqft | AED 790KAED 790,000 · Mar 2026March 2026 | 55,000 /yr | |
| 107 | Studio | 476 sqft | AED 381KAED 380,555 · Jul 2016July 2016 | 34,000 /yr | |
| 108 | 1-bed | 640 sqft | AED 546KAED 545,957 · Jun 2016June 2016 | 15,000 /yr | |
| 109 | 1-bed | 640 sqft | AED 549KAED 549,000 · May 2016May 2016 | 42,000 /yr | |
| 110 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 76,000 /yr | |
| 111 | 1-bed | 636 sqft | AED 549KAED 549,000 · May 2016May 2016 | 30,000 /yr | |
| 112 | 1-bed | 638 sqft | AED 685KAED 685,000 · Jun 2025June 2025 | 60,000 /yr | |
| 113 | 2-bed | 963 sqft | AED 694KAED 694,000 · Jun 2018June 2018 | ||
| 114 | 2-bed | 963 sqft | No registered sale | 75,000 /yr |
103, MAG 540 in numbers
- Sold twice: first on 25 July 2016 for AED 385,555, last on 13 March 2023 for AED 270,000 (AED 567 per sqft).
- Rented since September 2019 on 6 Ejari contracts. The rent fell from AED 25,000 to AED 22,000 in 2022 and recovered to AED 48,000 by November 2025.
- At AED 48,000 a year the gross yield on the 2023 price is 17.8%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).
Source: Dubai Land Department. Updated 22 November 2025.
Questions about 103, MAG 540
What did unit 103 last sell for?
AED 270,000 on 13 March 2023: AED 567 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 385,555 in July 2016.
What is the rent for unit 103?
AED 48,000 a year on the contract signed on 22 November 2025. The previous contract, from September 2024, was AED 34,000; the unit has been rented since September 2019.
How big is unit 103?
476 sqft (44.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 103, MAG 540
Starts from the last sale price (AED 270K, 13 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 270,000
- Deposit, UAE resident (20%)
- AED 54,000
- Deposit, non-resident (40%)
- AED 108,000
- Monthly over 25 years at 3.7%
- AED 1,105
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →