
312, MAG 545
Sold prices and rental history: sold twice, last in September 2024, 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 312, MAG 545
What is 312 worth today?
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Source: Dubai Land Department. Updated 23 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 637 sqft
- Floor
- 3rd of 6
- Parking
- G-42
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,100 /yr
- Last sold
- AED 599K · September 2024
- Building
- MAG 545
About 312, MAG 545
312 is a one-bedroom apartment of 637 sqft on the 3rd floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 23 September 2024 for AED 599,000, or AED 940 per sqft, in line with the AED 940 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 28,665 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 9,100 a year.
Sales and rents for 312 over time
312 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 545, and where 312 sits
All 48 1-beds →312 last sold in September 2024 at AED 940 per sqft, in line with what one-beds in MAG 545 were fetching at the time (AED 940). 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. 312's AED 28,665 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 50K /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 | |
| 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 | |
| 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 |
312, MAG 545 in numbers
- Sold twice: first on 26 December 2016 for AED 510,555, last on 23 September 2024 for AED 599,000 (AED 940 per sqft).
- Rented since December 2019 on 5 Ejari contracts, from AED 25,000 to AED 28,665 a year.
- At AED 28,665 a year the gross yield on the 2024 price is 4.8%, 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 23 September 2024.
Questions about 312, MAG 545
What did unit 312 last sell for?
AED 599,000 on 23 September 2024: AED 940 per sqft for 637 sqft. The unit has 2 registered sales; the first was AED 510,555 in December 2016.
What is the rent for unit 312?
AED 28,665 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 27,300; the unit has been rented since December 2019.
How big is unit 312?
637 sqft (59.2 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 312 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 312, MAG 545
Starts from the last sale price (AED 599K, 23 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 599,000
- Deposit, UAE resident (20%)
- AED 119,800
- Deposit, non-resident (40%)
- AED 239,600
- Monthly over 25 years at 3.7%
- AED 2,451
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →