2-bed · 1,005 sqftMAG 540, Dubai South · 3rd floor · completed 2020

305, MAG 540

Sold prices and rental history: sold twice, last in May 2025, and rented once, from June 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 1.15M7 May 2025
Current rentAED 96K /yr10 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, MAG 540

What is 305 worth today?

Last sold for AED 1,150,000 in 2025

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7 May 2025SoldReady
AED 1,150,000AED 1,144 per sqft
29 Jan 2020Sold by developerReady
AED 398,000AED 396 per sqft
10 Jun 2019RentedNew contract
AED 96,000/yr60 months · AED 96 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
3rd of 6
Parking
G-33
Developer
MAG
Completed
2020
Service charge
AED 15,700 /yr
Last sold
AED 1.15M · May 2025
Building
MAG 540

About 305, MAG 540

305 is a two-bedroom apartment of 1,005 sqft on the 3rd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 7 May 2025 for AED 1,150,000, or AED 1,144 per sqft, 26% above the AED 910 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 June 2019. The current contract, signed on 10 June 2019, is AED 96,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 15,700 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in MAG 540
500K1M20182020202220242026Typical sale price by year: 2018 AED 745,000; 2022 AED 698,608; 2024 AED 850,000; 2025 AED 975,000Sold by developer, January 2020: AED 398,000 (AED 396 per sqft)Sold, May 2025: AED 1,150,000 (AED 1,144 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in MAG 540
50K100K20192021202320252027Typical 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 75,000New contract, June 2019: AED 96,000 a year

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 305 sits

All 24 2-beds →

305 last sold in May 2025 at AED 1,144 per sqft, 26% above what two-beds in MAG 540 were fetching at the time (AED 910). 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. 305's AED 96,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 2026925,000
28 Nov 2025950,000
4 Apr 2025975,000
31 Jul 2024830,000
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
3012-bedAED 750K · Mar 2019
3021-bedAED 800K · Feb 2026
303StudioAED 270K · Sep 2022
3041-bedAED 700K · Jun 2025
3061-bedAED 390K · Nov 2021
307StudioAED 396K · Jul 2016
3081-bedAED 551K · Jun 2016
1–7 of 13

305, MAG 540 in numbers

  • Sold twice: first on 29 January 2020 for AED 398,000, last on 7 May 2025 for AED 1,150,000 (AED 1,144 per sqft).
  • Rented since June 2019 on one Ejari contract, at AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2025 price is 8.3%, before a service charge of about AED 15,700 a year (AED 15.65 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 7 May 2025.

Questions about 305, MAG 540

What did unit 305 last sell for?

AED 1,150,000 on 7 May 2025: AED 1,144 per sqft for 1,005 sqft. The unit has 2 registered sales; the first was AED 398,000 in January 2020.

What is the rent for unit 305?

AED 96,000 a year on the contract signed on 10 June 2019.

How big is unit 305?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 305 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 305, MAG 540

Starts from the last sale price (AED 1.15M, 7 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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