313, MAG 540
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 313, MAG 540
What is 313 worth today?
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Source: Dubai Land Department. Updated 15 September 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 963 sqft
- Floor
- 3rd of 6
- Parking
- G-41
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 15,100 /yr
- Last sold
- AED 685K · September 2022
- Building
- MAG 540
About 313, MAG 540
313 is a two-bedroom apartment of 963 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 15 September 2022 for AED 685,000, or AED 710 per sqft, in line with the AED 710 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 10 June 2021. The current contract, signed on 10 June 2021, is AED 34,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 15,100 a year.
Sales and rents for 313 over time
313 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 540, and where 313 sits
All 24 2-beds →313 last sold in September 2022 at AED 710 per sqft, in line with what two-beds in MAG 540 were fetching at the time (AED 710). Over the last 12 months two-beds sold for AED 950,000, around AED 986 per sqft, and rent for AED 53,000 to 150,000 a year. 313's AED 34,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Nov 202528 November 2025 | 963 sqft | 950,000 | 986 | ||
| 7 May 20257 May 2025 | 1,005 sqft | 1,150,000 | 1,144 | ||
| 4 Apr 20254 April 2025 | 1,040 sqft | 975,000 | 937 | ||
| 31 Jul 202431 July 2024 | 1,007 sqft | 830,000 | 823 |
MAG 540
Building85 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%
Other units on the 3rd floor
All 85 units in MAG 540| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,039 sqft | AED 750KAED 750,000 · Mar 2019March 2019 | ||
| 302 | 1-bed | 665 sqft | AED 700KAED 700,000 · Jun 2025June 2025 | 33,000 /yr | |
| 303 | Studio | 476 sqft | AED 270KAED 270,000 · Sep 2022September 2022 | 37,790 /yr | |
| 304 | 1-bed | 640 sqft | AED 700KAED 700,000 · Jun 2025June 2025 | 57,093 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 1.15MAED 1,150,000 · May 2025May 2025 | 96,000 /yr | |
| 306 | 1-bed | 665 sqft | AED 390KAED 390,000 · Nov 2021November 2021 | ||
| 307 | Studio | 476 sqft | AED 396KAED 395,555 · Jul 2016July 2016 | 27,000 /yr | |
| 308 | 1-bed | 640 sqft | AED 551KAED 550,957 · Jun 2016June 2016 | 77,333 /yr | |
| 309 | 1-bed | 640 sqft | AED 600KAED 600,000 · Feb 2025February 2025 | 60,000 /yr | |
| 310 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 72,500 /yr | |
| 311 | 1-bed | 636 sqft | AED 440KAED 440,000 · Aug 2023August 2023 | 37,000 /yr | |
| 312 | 1-bed | 638 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 64,000 /yr | |
| 314 | 2-bed | 963 sqft | AED 740KAED 740,000 · Mar 2018March 2018 | 53,000 /yr |
313, MAG 540 in numbers
- Sold once: by MAG on 15 September 2022 for AED 685,000, or AED 710 per sqft.
- Rented since June 2021 on one Ejari contract, at AED 34,000 a year.
- At AED 34,000 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 15,100 a year (AED 15.65 per sqft).
- Two-beds in MAG 540 sold for AED 950,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.
Source: Dubai Land Department. Updated 15 September 2022.
Questions about 313, MAG 540
What did unit 313 last sell for?
AED 685,000 on 15 September 2022, sold by the developer: AED 710 per sqft for 963 sqft. It is the only registered sale of the unit.
What is the rent for unit 313?
AED 34,000 a year on the contract signed on 10 June 2021.
How big is unit 313?
963 sqft (89.5 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 313 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 540 sold for AED 950,000 to 950,000 in the last 12 months, around AED 986 per sqft.
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Mortgage on 313, MAG 540
Starts from the last sale price (AED 685K, 15 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 685,000
- Deposit, UAE resident (20%)
- AED 137,000
- Deposit, non-resident (40%)
- AED 274,000
- Monthly over 25 years at 3.7%
- AED 2,803
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →