1-bed · 665 sqftMAG 540, Dubai South · 3rd floor · completed 2020

306, MAG 540

Sold prices and rental history: sold twice, last in November 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 28 November 2021
Last soldAED 390K28 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, MAG 540

What is 306 worth today?

Last sold for AED 390,000 in 2021

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28 Nov 2021SoldReady
AED 390,000AED 586 per sqft
21 Apr 2016Sold by developerOff-plan
AED 500,000AED 763 per sqft

Source: Dubai Land Department. Updated 28 November 2021.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
3rd of 6
Parking
G-34
Developer
MAG
Completed
2020
Service charge
AED 10,400 /yr
Last sold
AED 390K · November 2021
Building
MAG 540

About 306, MAG 540

306 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 28 November 2021 for AED 390,000, or AED 586 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in MAG 540
400K600K800K2016201920222025Typical sale price by year: 2016 AED 549,000; 2022 AED 423,742; 2023 AED 445,000; 2024 AED 600,000; 2025 AED 685,000; 2026 AED 775,000Sold by developer, April 2016: AED 500,000 (AED 763 per sqft)Sold, November 2021: AED 390,000 (AED 586 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in MAG 540
40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 38,000; 2024 AED 44,000; 2025 AED 57,571; 2026 AED 58,000

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 306 sits

All 48 1-beds →

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.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 2026740,000
16 Mar 2026760,000
5 Mar 2026790,000
26 Feb 2026800,000
4 1-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
3052-bedAED 1.15M · May 2025
307StudioAED 396K · Jul 2016
3081-bedAED 551K · Jun 2016
1–7 of 13

306, MAG 540 in numbers

  • Sold twice: first on 21 April 2016 for AED 500,000, last on 28 November 2021 for AED 390,000 (AED 586 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 28 November 2021.

Questions about 306, MAG 540

What did unit 306 last sell for?

AED 390,000 on 28 November 2021: AED 586 per sqft for 665 sqft. The unit has 2 registered sales; the first was AED 500,000 in April 2016.

How big is unit 306?

665 sqft (61.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 306 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 306, MAG 540

Starts from the last sale price (AED 390K, 28 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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