2-bed · 1,039 sqftMAG 540, Dubai South · 3rd floor · completed 2020

301, MAG 540

Sold prices and rental history: sold once, by the developer in March 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 10 March 2019
Last soldAED 750K10 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, MAG 540

What is 301 worth today?

Last sold for AED 750,000 in 2019

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10 Mar 2019Sold by developerReady
AED 750,000AED 721 per sqft

Source: Dubai Land Department. Updated 10 March 2019.

Key facts

Type
2-bed apartment
Size
1,039 sqft
Floor
3rd of 6
Parking
G-29
Developer
MAG
Completed
2020
Service charge
AED 16,300 /yr
Last sold
AED 750K · March 2019
Building
MAG 540

About 301, MAG 540

301 is a two-bedroom apartment of 1,039 sqft on the 3rd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 March 2019 for AED 750,000, or AED 721 per sqft, in line with the AED 721 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in MAG 540
800K1M20182020202220242026Typical sale price by year: 2018 AED 745,000; 2022 AED 698,608; 2024 AED 850,000; 2025 AED 975,000Sold by developer, March 2019: AED 750,000 (AED 721 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in MAG 540
40K60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 60,000; 2021 AED 40,000; 2022 AED 47,138; 2023 AED 55,000; 2024 AED 58,000; 2025 AED 75,000; 2026 AED 75,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 540, and where 301 sits

All 24 2-beds →

301 last sold in March 2019 at AED 721 per sqft, in line with what two-beds in MAG 540 were fetching at the time (AED 721). Over the last 12 months two-beds sold for AED 925,000 to 950,000, around AED 952 per sqft, and rent for AED 53,000 to 150,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 2026925,000
28 Nov 2025950,000
7 May 20251,150,000
4 Apr 2025975,000
2 2-bed sales in the last 12 months

MAG 540

Building

85 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%
MAG 540, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 85 units in MAG 540
Value
3021-bedAED 800K · Feb 2026
303StudioAED 270K · Sep 2022
3041-bedAED 700K · Jun 2025
3052-bedAED 1.15M · May 2025
3061-bedAED 390K · Nov 2021
307StudioAED 396K · Jul 2016
3081-bedAED 551K · Jun 2016
1–7 of 13

301, MAG 540 in numbers

  • Sold once: by MAG on 10 March 2019 for AED 750,000, or AED 721 per sqft.
  • Two-beds in MAG 540 sold for AED 925,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 1,150 per sqft.

Source: Dubai Land Department. Updated 10 March 2019.

Questions about 301, MAG 540

What did unit 301 last sell for?

AED 750,000 on 10 March 2019, sold by the developer: AED 721 per sqft for 1,039 sqft. It is the only registered sale of the unit.

How big is unit 301?

1,039 sqft (96.5 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 540 sold for AED 925,000 to 950,000 in the last 12 months, around AED 952 per sqft.

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Mortgage on 301, MAG 540

Starts from the last sale price (AED 750K, 10 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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