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1-bed · 638 sqftMAG 540, Dubai South · 3rd floor · completed 2020

312, MAG 540

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 549K7 June 2016
Current rentAED 64K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, MAG 540

What is 312 worth today?

Last sold for AED 549,000 in 2016

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10 Mar 2025RentedRenewal
AED 64,000/yr12 months · AED 100 per sqft
10 Mar 2023RentedNew contract
AED 40,000/yr12 months · AED 63 per sqft
6 Mar 2022RentedRenewal
AED 36,000/yr12 months · AED 56 per sqft
6 Mar 2021RentedRenewal
AED 31,000/yr12 months · AED 49 per sqft
7 Jun 2016Sold by developerOff-plan
AED 549,000AED 860 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
3rd of 6
Parking
G-40
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 549K · June 2016
Building
MAG 540

About 312, MAG 540

312 is a one-bedroom apartment of 638 sqft on the 3rd floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 June 2016 for AED 549,000, or AED 860 per sqft, in line with the AED 856 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 64,000 a year: a gross yield of 11.7% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, June 2016: AED 549,000 (AED 860 per sqft)

312 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 312, 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 68,000Renewal, March 2021: AED 31,000 a yearRenewal, March 2022: AED 36,000 a yearNew contract, March 2023: AED 40,000 a yearRenewal, March 2025: AED 64,000 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 312 sits

All 45 1-beds →

312 last sold in June 2016 at AED 860 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 856). 312's AED 64,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Jun 2025700,000
22 Jun 2025640,000
18 Jun 2025700,000
12 Jun 2025645,000
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
3021-bedAED 700K · Jun 2025
303StudioAED 270K · Sep 2022
3041-bedAED 700K · Jun 2025
3052-bedAED 1.15M · May 2025
3061-bedAED 390K · Nov 2021
307StudioAED 396K · Jul 2016
1–7 of 13

312, MAG 540 in numbers

  • Sold once: by MAG on 7 June 2016 for AED 549,000, or AED 860 per sqft.
  • Rented since March 2021 on 4 Ejari contracts, from AED 31,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2016 price is 11.7%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: Dubai Land Department. Updated 10 March 2025.

Questions about 312, MAG 540

What did unit 312 last sell for?

AED 549,000 on 7 June 2016, sold by the developer: AED 860 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 64,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2023, was AED 40,000; the unit has been rented since March 2021.

How big is unit 312?

638 sqft (59.3 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.

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Mortgage on 312, MAG 540

Starts from the last sale price (AED 549K, 7 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 549,000
Deposit, UAE resident (20%)
AED 109,800
Deposit, non-resident (40%)
AED 219,600
Monthly over 25 years at 3.7%
AED 2,246

Plus AED 28,068 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →