304, MAG 540
Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, MAG 540
What is 304 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 640 sqft
- Floor
- 3rd of 6
- Parking
- G-32
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 700K · June 2025
- Building
- MAG 540
About 304, MAG 540
304 is a one-bedroom apartment of 640 sqft on the 3rd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 25 June 2025 for AED 700,000, or AED 1,093 per sqft, 8% above the AED 1,016 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 5 December 2024, is AED 57,093 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 10,000 a year.
Sales and rents for 304 over time
304 has sold twice; 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 304 sits
All 48 1-beds →304 last sold in June 2025 at AED 1,093 per sqft, 8% above what one-beds in MAG 540 were fetching at the time (AED 1,016). 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. 304's AED 57,093 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 | ||
| 26 Feb 202626 February 2026 | 665 sqft | 800,000 | 1,202 |
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 | |
| 303 | Studio | 476 sqft | AED 270KAED 270,000 · Sep 2022September 2022 | 38,000 /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 |
304, MAG 540 in numbers
- Sold twice: first on 7 June 2016 for AED 550,957, last on 25 June 2025 for AED 700,000 (AED 1,093 per sqft).
- Rented since April 2020 on 6 Ejari contracts. The rent fell from AED 35,000 to AED 29,000 in 2021 and recovered to AED 57,093 by December 2024.
- At AED 57,093 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 10,000 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 25 June 2025.
Questions about 304, MAG 540
What did unit 304 last sell for?
AED 700,000 on 25 June 2025: AED 1,093 per sqft for 640 sqft. The unit has 2 registered sales; the first was AED 550,957 in June 2016.
What is the rent for unit 304?
AED 57,093 a year on the contract renewed on 5 December 2024. The previous contract, from December 2023, was AED 43,000; the unit has been rented since April 2020.
How big is unit 304?
640 sqft (59.5 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 304 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.
Selling 304? 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.
Mortgage on 304, MAG 540
Starts from the last sale price (AED 700K, 25 June 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →