306, MAG 530
Sold prices and rental history: sold once, by the developer in April 2017, 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 306, MAG 530
What is 306 worth today?
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Source: Dubai Land Department. Updated 1 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 666 sqft
- Floor
- 3rd of 6
- Parking
- G-37
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,700 /yr
- Last sold
- AED 536K · April 2017
- Building
- MAG 530
About 306, MAG 530
306 is a one-bedroom apartment of 666 sqft on the 3rd floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 30 April 2017 for AED 535,555, or AED 804 per sqft, 5% below the AED 847 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 29,000 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 10,700 a year.
Sales and rents for 306 over time
306 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 530, and where 306 sits
All 64 1-beds →306 last sold in April 2017 at AED 804 per sqft, 5% below what one-beds in MAG 530 were fetching at the time (AED 847). Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 40,000 to 60,000 a year. 306's AED 29,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 30 May 202530 May 2025 | 638 sqft | 700,000 | 1,096 | ||
| 8 May 20258 May 2025 | 638 sqft | 625,000 | 980 | ||
| 27 Mar 202527 March 2025 | 624 sqft | 625,000 | 1,001 |
MAG 530
Building92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,137
- Typical sale
- AED 770K
- Typical rent
- AED 54K /yr
- Typical yield
- 6.9%
Other units on the 3rd floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,036 sqft | AED 816KAED 815,555 · Jul 2017July 2017 | 72,000 /yr | |
| 302 | 1-bed | 666 sqft | AED 566KAED 565,555 · Nov 2017November 2017 | 36,384 /yr | |
| 303 | Studio | 476 sqft | AED 320KAED 320,000 · Jul 2023July 2023 | 48,000 /yr | |
| 304 | 1-bed | 638 sqft | AED 547KAED 546,666 · Mar 2017March 2017 | ||
| 305 | 2-bed | 1,005 sqft | AED 719KAED 718,750 · Mar 2023March 2023 | 70,000 /yr | |
| 307 | Studio | 473 sqft | AED 456KAED 455,555 · Jan 2017January 2017 | 42,000 /yr | |
| 308 | 1-bed | 638 sqft | AED 700KAED 700,000 · May 2025May 2025 | 50,400 /yr | |
| 309 | 1-bed | 638 sqft | AED 580KAED 580,000 · May 2024May 2024 | 30,000 /yr | |
| 310 | 1-bed | 638 sqft | AED 552KAED 552,000 · Oct 2017October 2017 | 52,000 /yr | |
| 311 | 1-bed | 623 sqft | AED 544KAED 544,444 · Apr 2017April 2017 | 35,800 /yr | |
| 312 | 1-bed | 624 sqft | AED 625KAED 625,000 · Mar 2025March 2025 | 47,000 /yr | |
| 313 | 1-bed | 654 sqft | AED 531KAED 530,555 · Jan 2019January 2019 | ||
| 314 | 1-bed | 654 sqft | AED 550KAED 550,000 · May 2023May 2023 | 40,000 /yr | |
| 315 | 1-bed | 663 sqft | AED 578KAED 577,777 · Jun 2017June 2017 | 37,485 /yr |
306, MAG 530 in numbers
- Sold once: by MAG on 30 April 2017 for AED 535,555, or AED 804 per sqft.
- Rented since January 2020 on 4 Ejari contracts, at AED 29,000 a year.
- At AED 29,000 a year the gross yield on the 2017 price is 5.4%, before a service charge of about AED 10,700 a year (AED 16.14 per sqft).
- One-beds in MAG 530 sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 1,137 per sqft.
Source: Dubai Land Department. Updated 1 January 2024.
Questions about 306, MAG 530
What did unit 306 last sell for?
AED 535,555 on 30 April 2017, sold by the developer: AED 804 per sqft for 666 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 29,000 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 29,000; the unit has been rented since January 2020.
How big is unit 306?
666 sqft (61.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.
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Mortgage on 306, MAG 530
Starts from the last sale price (AED 536K, 30 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 535,555
- Deposit, UAE resident (20%)
- AED 107,111
- Deposit, non-resident (40%)
- AED 214,222
- Monthly over 25 years at 3.7%
- AED 2,191
Plus AED 27,503 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →