308, MAG 545
Sold prices and rental history: sold once, by the developer in October 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, MAG 545
What is 308 worth today?
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Source: Dubai Land Department. Updated 7 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 3rd of 6
- Parking
- G-38
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,100 /yr
- Last sold
- AED 563K · October 2016
- Building
- MAG 545
About 308, MAG 545
308 is a one-bedroom apartment of 638 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 20 October 2016 for AED 562,987, or AED 882 per sqft, 7% above the AED 825 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 7 December 2025, is AED 48,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 9,100 a year.
Sales and rents for 308 over time
308 has sold once; 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 545, and where 308 sits
All 48 1-beds →308 last sold in October 2016 at AED 882 per sqft, 7% above what one-beds in MAG 545 were fetching at the time (AED 825). Over the last 12 months one-beds sold for AED 620,000 to 720,000, around AED 1,050 per sqft, and rent for AED 37,400 to 66,000 a year. 308's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Oct 202615 October 2026 | 638 sqft | 670,000 | 1,050 | ||
| 9 Sep 20269 September 2026 | 638 sqft | 620,000 | 971 | ||
| 18 Jun 202618 June 2026 | 637 sqft | 680,000 | 1,067 | ||
| 12 Dec 202512 December 2025 | 634 sqft | 720,000 | 1,136 |
MAG 545
Building86 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%
Other units on the 3rd floor
All 86 units in MAG 545| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,040 sqft | AED 750KAED 750,000 · May 2019May 2019 | 75,000 /yr | |
| 302 | 1-bed | 655 sqft | AED 605KAED 605,000 · Nov 2017November 2017 | 33,000 /yr | |
| 303 | Studio | 473 sqft | AED 386KAED 385,555 · Dec 2016December 2016 | 34,000 /yr | |
| 304 | 1-bed | 638 sqft | AED 544KAED 543,558 · Nov 2018November 2018 | 35,000 /yr | |
| 305 | 2-bed | 1,005 sqft | No registered sale | 65,000 /yr | |
| 306 | 1-bed | 655 sqft | AED 541KAED 540,555 · Jul 2016July 2016 | 46,000 /yr | |
| 307 | Studio | 473 sqft | AED 395KAED 395,000 · Sep 2019September 2019 | 44,000 /yr | |
| 309 | 1-bed | 638 sqft | AED 511KAED 510,555 · Dec 2016December 2016 | 25,000 /yr | |
| 310 | 1-bed | 638 sqft | AED 511KAED 510,555 · Dec 2016December 2016 | 37,400 /yr | |
| 311 | 1-bed | 576 sqft | AED 511KAED 510,555 · Dec 2016December 2016 | 53,000 /yr | |
| 312 | 1-bed | 637 sqft | AED 599KAED 599,000 · Sep 2024September 2024 | 28,665 /yr | |
| 313 | 2-bed | 966 sqft | AED 783KAED 782,990 · Dec 2017December 2017 | ||
| 314 | 2-bed | 966 sqft | AED 699KAED 699,070 · Aug 2022August 2022 | 44,759 /yr |
308, MAG 545 in numbers
- Sold once: by MAG on 20 October 2016 for AED 562,987, or AED 882 per sqft.
- Rented since October 2019 on 7 Ejari contracts. The rent fell from AED 32,000 to AED 27,000 in 2021 and recovered to AED 48,000 by December 2025.
- At AED 48,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 9,100 a year (AED 14.21 per sqft).
- One-beds in MAG 545 sold for AED 620,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,059 per sqft.
Source: Dubai Land Department. Updated 7 December 2025.
Questions about 308, MAG 545
What did unit 308 last sell for?
AED 562,987 on 20 October 2016, sold by the developer: AED 882 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 48,000 a year on the contract renewed on 7 December 2025. The previous contract, from December 2024, was AED 46,300; the unit has been rented since October 2019.
How big is unit 308?
638 sqft (59.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 545 sold for AED 620,000 to 720,000 in the last 12 months, around AED 1,050 per sqft.
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Mortgage on 308, MAG 545
Starts from the last sale price (AED 563K, 20 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 562,987
- Deposit, UAE resident (20%)
- AED 112,597
- Deposit, non-resident (40%)
- AED 225,195
- Monthly over 25 years at 3.7%
- AED 2,303
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →