
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.
Property timeline for 303, MAG 540
What is 303 worth today?
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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
303 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 303 sits
All 12 studios →303's AED 38,000 is in the lower half 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 | ||
| 13 Mar 202313 March 2023 | 476 sqft | 270,000 | 567 | ||
| 28 Dec 202228 December 2022 | 476 sqft | 275,000 | 577 |
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 | ||
| 302 | 1-bed | 665 sqft | AED 800KAED 800,000 · Feb 2026February 2026 | 58,000 /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 |
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.
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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 →