
309, MAG 545
Sold prices and rental history: sold once, by the developer in December 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, MAG 545
What is 309 worth today?
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Source: Dubai Land Department. Updated 1 February 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 3rd of 6
- Parking
- G-39
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,100 /yr
- Last sold
- AED 511K · December 2016
- Building
- MAG 545
About 309, MAG 545
309 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 26 December 2016 for AED 510,555, or AED 800 per sqft, in line with the AED 816 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 February 2021, is AED 25,000 a year: a gross yield of 4.9% on the 2016 price, before the service charge of about AED 9,100 a year.
Sales and rents for 309 over time
309 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 309 sits
All 48 1-beds →309 last sold in December 2016 at AED 800 per sqft, in line with what one-beds in MAG 545 were fetching at the time (AED 816). 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. 309's AED 25,000 is at the bottom 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 | |
| 308 | 1-bed | 638 sqft | AED 563KAED 562,987 · Oct 2016October 2016 | 48,000 /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 |
309, MAG 545 in numbers
- Sold once: by MAG on 26 December 2016 for AED 510,555, or AED 800 per sqft.
- Rented since December 2019 on 2 Ejari contracts, from AED 27,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2016 price is 4.9%, 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 1 February 2021.
Questions about 309, MAG 545
What did unit 309 last sell for?
AED 510,555 on 26 December 2016, sold by the developer: AED 800 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 25,000 a year on the contract signed on 1 February 2021. The previous contract, from December 2019, was AED 27,000.
How big is unit 309?
638 sqft (59.3 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 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 309, MAG 545
Starts from the last sale price (AED 511K, 26 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 510,555
- Deposit, UAE resident (20%)
- AED 102,111
- Deposit, non-resident (40%)
- AED 204,222
- Monthly over 25 years at 3.7%
- AED 2,089
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →