Studio · 473 sqftMAG 545, Dubai South · 3rd floor · completed 2020

307, MAG 545

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 395K9 September 2019
Current rentAED 44K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, MAG 545

What is 307 worth today?

Last sold for AED 395,000 in 2019

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1 Apr 2026RentedRenewal
AED 44,000/yr12 months · AED 93 per sqft
1 Apr 2025RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft
5 Oct 2024RentedRenewal
AED 32,400/yr12 months · AED 68 per sqft
5 Oct 2023RentedRenewal
AED 22,220/yr12 months · AED 47 per sqft
5 Oct 2022RentedNew contract
AED 20,600/yr12 months · AED 44 per sqft
1 Aug 2021RentedNew contract
AED 19,000/yr13 months · AED 40 per sqft
16 Feb 2021RentedRenewal
AED 23,000/yr3 months · AED 50 per sqft
15 Nov 2020RentedRenewal
AED 22,729/yr3 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
3rd of 6
Parking
G-37
Developer
MAG
Completed
2020
Service charge
AED 6,700 /yr
Last sold
AED 395K · September 2019
Building
MAG 545

About 307, MAG 545

307 is a studio of 473 sqft on the 3rd floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 9 September 2019 for AED 395,000, or AED 834 per sqft, in line with the AED 834 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 44,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 6,700 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in MAG 545
350K375K400K2016201920222025Typical sale price by year: 2016 AED 385,555; 2019 AED 347,500; 2024 AED 385,000Sold by developer, September 2019: AED 395,000 (AED 834 per sqft)

307 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 307, each contractTypical studio in MAG 545
20K40K20192021202320252027Typical rent by year: 2019 AED 21,500; 2020 AED 21,000; 2021 AED 19,000; 2022 AED 22,000; 2023 AED 22,000; 2024 AED 32,450; 2025 AED 34,000; 2026 AED 40,000New contract, October 2019: AED 23,000 a yearRenewal, November 2020: AED 22,729 a yearRenewal, February 2021: AED 23,000 a yearNew contract, August 2021: AED 19,000 a yearNew contract, October 2022: AED 20,600 a yearRenewal, October 2023: AED 22,220 a yearRenewal, October 2024: AED 32,400 a yearNew contract, April 2025: AED 44,000 a yearRenewal, April 2026: AED 44,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 545, and where 307 sits

All 12 studios →

307 last sold in September 2019 at AED 834 per sqft, in line with what studios in MAG 545 were fetching at the time (AED 834). 307's AED 44,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
8 Sep 2025480,000
3 Oct 2024400,000
29 Apr 2024383,000
21 Mar 2024385,000
0 studio sales in the last 12 months

MAG 545

Building

86 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 1,059
Typical sale
AED 675K
Typical rent
AED 51K /yr
Typical yield
7.4%
MAG 545, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 86 units in MAG 545
Value
3012-bedAED 750K · May 2019
3021-bedAED 605K · Nov 2017
303StudioAED 386K · Dec 2016
3041-bedAED 544K · Nov 2018
3052-bedNo registered sale
3061-bedAED 541K · Jul 2016
3081-bedAED 563K · Oct 2016
1–7 of 13

307, MAG 545 in numbers

  • Sold once: by MAG on 9 September 2019 for AED 395,000, or AED 834 per sqft.
  • Rented since October 2019 on 9 Ejari contracts. The rent fell from AED 23,000 to AED 19,000 in 2021 and recovered to AED 44,000 by April 2026.
  • At AED 44,000 a year the gross yield on the 2019 price is 11.1%, before a service charge of about AED 6,700 a year (AED 14.21 per sqft).

Source: Dubai Land Department. Updated 1 April 2026.

Questions about 307, MAG 545

What did unit 307 last sell for?

AED 395,000 on 9 September 2019, sold by the developer: AED 834 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 44,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 44,000; the unit has been rented since October 2019.

How big is unit 307?

473 sqft (43.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 307 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 307, MAG 545

Starts from the last sale price (AED 395K, 9 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

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