302, MAG 540
Sold prices and rental history: sold 4 times, last in February 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, MAG 540
What is 302 worth today?
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Source: Dubai Land Department. Updated 20 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 665 sqft
- Floor
- 3rd of 6
- Parking
- G-30
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,400 /yr
- Last sold
- AED 800K · February 2026
- Building
- MAG 540
About 302, MAG 540
302 is a one-bedroom apartment of 665 sqft on the 3rd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 26 February 2026 for AED 800,000, or AED 1,202 per sqft, 12% above the AED 1,074 one-beds in the building were fetching at the time.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 July 2026, is AED 58,000 a year: a gross yield of 7.2% on the 2026 price, before the service charge of about AED 10,400 a year.
Sales and rents for 302 over time
302 has sold 4 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 540, and where 302 sits
All 48 1-beds →302 last sold in February 2026 at AED 1,202 per sqft, 12% above what one-beds in MAG 540 were fetching at the time (AED 1,074). Over the last 12 months one-beds sold for AED 740,000 to 800,000, around AED 1,187 per sqft, and rent for AED 15,000 to 77,500 a year. 302's AED 58,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Sep 202625 September 2026 | 665 sqft | 740,000 | 1,112 | ||
| 16 Mar 202616 March 2026 | 640 sqft | 760,000 | 1,187 | ||
| 5 Mar 20265 March 2026 | 665 sqft | 790,000 | 1,187 | ||
| 8 Sep 20258 September 2025 | 640 sqft | 730,000 | 1,140 |
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 3rd floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,039 sqft | AED 750KAED 750,000 · Mar 2019March 2019 | ||
| 303 | Studio | 476 sqft | AED 270KAED 270,000 · Sep 2022September 2022 | 38,000 /yr | |
| 304 | 1-bed | 640 sqft | AED 700KAED 700,000 · Jun 2025June 2025 | 57,093 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 1.15MAED 1,150,000 · May 2025May 2025 | 96,000 /yr | |
| 306 | 1-bed | 665 sqft | AED 390KAED 390,000 · Nov 2021November 2021 | ||
| 307 | Studio | 476 sqft | AED 396KAED 395,555 · Jul 2016July 2016 | 27,000 /yr | |
| 308 | 1-bed | 640 sqft | AED 551KAED 550,957 · Jun 2016June 2016 | 77,333 /yr | |
| 309 | 1-bed | 640 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 60,000 /yr | |
| 310 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 72,500 /yr | |
| 311 | 1-bed | 636 sqft | AED 440KAED 440,000 · Aug 2023August 2023 | 53,500 /yr | |
| 312 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 50,000 /yr | |
| 313 | 2-bed | 963 sqft | AED 685KAED 685,000 · Sep 2022September 2022 | 75,000 /yr | |
| 314 | 2-bed | 963 sqft | AED 740KAED 740,000 · Mar 2018March 2018 | 53,000 /yr |
302, MAG 540 in numbers
- Sold 4 times: first on 21 April 2016 for AED 500,000, last on 26 February 2026 for AED 800,000 (AED 1,202 per sqft).
- Rented since January 2023 on 2 Ejari contracts, from AED 33,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2026 price is 7.2%, before a service charge of about AED 10,400 a year (AED 15.65 per sqft).
- One-beds in MAG 540 sold for AED 740,000–800,000 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 20 July 2026.
Questions about 302, MAG 540
What did unit 302 last sell for?
AED 800,000 on 26 February 2026: AED 1,202 per sqft for 665 sqft. The unit has 4 registered sales; the first was AED 500,000 in April 2016.
What is the rent for unit 302?
AED 58,000 a year on the contract signed on 20 July 2026. The previous contract, from January 2023, was AED 33,000.
How big is unit 302?
665 sqft (61.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 540 sold for AED 740,000 to 800,000 in the last 12 months, around AED 1,187 per sqft.
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Mortgage on 302, MAG 540
Starts from the last sale price (AED 800K, 26 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →