1-bed · 665 sqftMAG 540, Dubai South · 3rd floor · completed 2020

302, MAG 540

Sold prices and rental history: sold 3 times, last in June 2025, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302 · DLD and Ejari recordsUpdated 18 June 2025
Last soldAED 700K18 June 2025
Current rentAED 33K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, MAG 540

What is 302 worth today?

Last sold for AED 700,000 in 2025

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18 Jun 2025SoldReady
AED 700,000AED 1,051 per sqft
1 Jan 2023RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
10 Mar 2022SoldReady
AED 390,000AED 586 per sqft
21 Apr 2016Sold by developerOff-plan
AED 500,000AED 763 per sqft

Source: Dubai Land Department. Updated 18 June 2025.

Key facts

Type
1-bed apartment
Size
665 sqft
Floor
3rd of 6
Parking
G-30
Developer
MAG
Completed
2020
Service charge
AED 10,400 /yr
Last sold
AED 700K · June 2025
Building
MAG 540

About 302, MAG 540

302 is a one-bedroom apartment of 665 sqft on the 3rd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 June 2025 for AED 700,000, or AED 1,051 per sqft, 3% above the AED 1,016 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2023. The current contract, signed on 1 January 2023, is AED 33,000 a year: a gross yield of 4.7% on the 2025 price, before the service charge of about AED 10,400 a year.

Sales and rents for 302 over time

Sales
Unit 302, each saleTypical one-bed in MAG 540
400K600K2016201920222025Typical sale price by year: 2016 AED 549,000; 2022 AED 423,742; 2023 AED 445,000; 2024 AED 600,000; 2025 AED 680,000Sold by developer, April 2016: AED 500,000 (AED 763 per sqft)Sold, March 2022: AED 390,000 (AED 586 per sqft)Sold, June 2025: AED 700,000 (AED 1,051 per sqft)

302 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 302, each contractTypical one-bed in MAG 540
40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 38,000; 2024 AED 44,000; 2025 AED 58,142; 2026 AED 68,000New contract, January 2023: AED 33,000 a year

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

1-beds in MAG 540, and where 302 sits

All 45 1-beds →

302 last sold in June 2025 at AED 1,051 per sqft, 3% above what one-beds in MAG 540 were fetching at the time (AED 1,016). 302's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 2025700,000
22 Jun 2025640,000
12 Jun 2025645,000
2 Jun 2025685,000
0 1-bed sales in the last 12 months

MAG 540

Building

85 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 1 sold in the last 12 months.

Typical price per sqft
AED 986
Typical sale
AED 950K
Typical rent
AED 58K /yr
Typical yield
8.9%
MAG 540, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 85 units in MAG 540
Value
3012-bedAED 750K · Mar 2019
303StudioAED 270K · Sep 2022
3041-bedAED 700K · Jun 2025
3052-bedAED 1.15M · May 2025
3061-bedAED 390K · Nov 2021
307StudioAED 396K · Jul 2016
3081-bedAED 551K · Jun 2016
1–7 of 13

302, MAG 540 in numbers

  • Sold 3 times: first on 21 April 2016 for AED 500,000, last on 18 June 2025 for AED 700,000 (AED 1,051 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2025 price is 4.7%, before a service charge of about AED 10,400 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 18 June 2025.

Questions about 302, MAG 540

What did unit 302 last sell for?

AED 700,000 on 18 June 2025: AED 1,051 per sqft for 665 sqft. The unit has 3 registered sales; the first was AED 500,000 in April 2016.

What is the rent for unit 302?

AED 33,000 a year on the contract signed on 1 January 2023.

How big is unit 302?

665 sqft (61.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 302 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 302, MAG 540

Starts from the last sale price (AED 700K, 18 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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