Studio · 476 sqftMAG 540, Dubai South · 3rd floor · completed 2020

303, MAG 540

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 2 April 2026
Last soldAED 270K1 September 2022
Current rentAED 38K /yr2 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, MAG 540

What is 303 worth today?

Last sold for AED 270,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Apr 2026RentedRenewal
AED 38,000/yr12 months · AED 80 per sqft
31 Mar 2025RentedRenewal
AED 37,790/yr12 months · AED 80 per sqft
31 Mar 2025RentedRenewal
AED 37,790/yr12 months · AED 80 per sqft
1 Apr 2024RentedNew contract
AED 37,000/yr12 months · AED 78 per sqft
1 Oct 2023RentedRenewal
AED 27,000/yr12 months · AED 57 per sqft
1 Oct 2022RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
1 Sep 2022SoldReady
AED 270,000AED 567 per sqft
10 Jul 2016Sold by developerOff-plan
AED 400,555AED 841 per sqft

Source: Dubai Land Department. Updated 2 April 2026.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
3rd of 6
Parking
G-31
Developer
MAG
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 270K · September 2022
Building
MAG 540

About 303, MAG 540

303 is a studio of 476 sqft on the 3rd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 September 2022 for AED 270,000, or AED 567 per sqft.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 2 April 2026, is AED 38,000 a year: a gross yield of 14.1% on the 2022 price, before the service charge of about AED 7,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in MAG 540
300K400K20162018202020222024Typical sale price by year: 2016 AED 398,055; 2022 AED 270,000; 2023 AED 300,000Sold by developer, July 2016: AED 400,555 (AED 841 per sqft)Sold, September 2022: AED 270,000 (AED 567 per sqft)

303 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 303, each contractTypical studio in MAG 540
20K30K40K2020202220242026Typical rent by year: 2020 AED 27,000; 2021 AED 23,104; 2022 AED 22,000; 2023 AED 28,500; 2024 AED 38,500; 2025 AED 37,790; 2026 AED 39,000New contract, October 2022: AED 22,000 a yearRenewal, October 2023: AED 27,000 a yearNew contract, April 2024: AED 37,000 a yearRenewal, March 2025: AED 37,790 a yearRenewal, March 2025: AED 37,790 a yearRenewal, April 2026: AED 38,000 a year

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 303 sits

All 12 studios →

303's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jun 2023300,000
18 Apr 2023302,000
13 Mar 2023270,000
28 Dec 2022275,000
0 studio 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
3012-bedAED 750K · Mar 2019
3021-bedAED 800K · Feb 2026
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

303, MAG 540 in numbers

  • Sold twice: first on 10 July 2016 for AED 400,555, last on 1 September 2022 for AED 270,000 (AED 567 per sqft).
  • Rented since October 2022 on 6 Ejari contracts, from AED 22,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2022 price is 14.1%, before a service charge of about AED 7,500 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 2 April 2026.

Questions about 303, MAG 540

What did unit 303 last sell for?

AED 270,000 on 1 September 2022: AED 567 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 400,555 in July 2016.

What is the rent for unit 303?

AED 38,000 a year on the contract renewed on 2 April 2026. The previous contract, from March 2025, was AED 37,790; the unit has been rented since October 2022.

How big is unit 303?

476 sqft (44.2 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 303? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 303, MAG 540

Starts from the last sale price (AED 270K, 1 September 2022). 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 →