309, MAG 540
Sold prices and rental history: sold twice, last in February 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 309, MAG 540
What is 309 worth today?
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Source: Dubai Land Department. Updated 13 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 640 sqft
- Floor
- 3rd of 6
- Parking
- G-37
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 600K · February 2025
- Building
- MAG 540
About 309, MAG 540
309 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 17 February 2025 for AED 600,000, or AED 937 per sqft, in line with the AED 939 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 13 January 2026, is AED 60,000 a year: a gross yield of 10.0% on the 2025 price, before the service charge of about AED 10,000 a year.
Sales and rents for 309 over time
309 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 309 sits
All 48 1-beds →309 last sold in February 2025 at AED 937 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 939). 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. 309's AED 60,000 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 | |
| 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 | |
| 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 |
309, MAG 540 in numbers
- Sold twice: first on 25 July 2016 for AED 556,432, last on 17 February 2025 for AED 600,000 (AED 937 per sqft).
- Rented since January 2020 on 5 Ejari contracts, from AED 27,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2025 price is 10.0%, 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 13 January 2026.
Questions about 309, MAG 540
What did unit 309 last sell for?
AED 600,000 on 17 February 2025: AED 937 per sqft for 640 sqft. The unit has 2 registered sales; the first was AED 556,432 in July 2016.
What is the rent for unit 309?
AED 60,000 a year on the contract signed on 13 January 2026. The previous contract, from April 2024, was AED 45,000; the unit has been rented since January 2020.
How big is unit 309?
640 sqft (59.5 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 309 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 309, MAG 540
Starts from the last sale price (AED 600K, 17 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →