Unit 306, MAG 540: what it sold for and what it is worth now

Unit 306 at MAG 540 is a 1 bed of 665 sq ft. It last sold for AED 390,000 on 28 Nov 2021. At AED 1,188 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 790,000 today.

Value todayAED 790,000AED 777,000 to AED 792,000
Last saleAED 390,00028 Nov 2021 · Resale
Change since last sale+102.6%Building trend alone: AED 789,688
Rent (median asking, 1 bed)AED 60,000Gross yield 7.6%
Bedrooms1 bed
Size665 sq ft
Floor3 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingMAG 540 by MAG Property Development, handed over 2020
Registered sales of this unit1

Every registered sale of unit 306

DatePriceSizeAED/sq ftType
28 Nov 2021AED 390,000665 sq ft586Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1065 Mar 2026AED 790,000665 sq ft1,188Resale
50618 Aug 2025AED 765,000667 sq ft1,147Resale
60623 Apr 2024AED 495,000667 sq ft742Resale
20613 Jun 2021AED 400,000665 sq ft602Resale

Latest 1 bed sales in MAG 540

UnitDatePriceSizeAED/sq ftType
20225 Sep 2026AED 740,000665 sq ft1,113Resale
60816 Mar 2026AED 760,000640 sq ft1,188Resale
1065 Mar 2026AED 790,000665 sq ft1,188Resale
30226 Feb 2026AED 800,000665 sq ft1,203Resale
4048 Sep 2025AED 730,000640 sq ft1,141Resale
50618 Aug 2025AED 765,000667 sq ft1,147Resale
30425 Jun 2025AED 700,000640 sq ft1,094Resale
50922 Jun 2025AED 640,000641 sq ft998Resale

How we worked out the value

We took the 4 sales in MAG 540 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,188). We multiplied it by the size of this unit (665 sq ft). The range uses the middle half of those sales (AED 1,169 to AED 1,192 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 789,688. Floor, view, condition and upgrades can move the price either way. Sales data to 25 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 306 at MAG 540 worth?

About AED 790,000 (range AED 777,000 to AED 792,000), based on AED 1,188 per sq ft from registered sales up to 25 Sep 2026.

When did unit 306 last sell?

28 Nov 2021, for AED 390,000 (resale). It has 1 registered sale.

What rent can unit 306 make?

A 1 bed in MAG 540 rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.6% on the estimate.

Sales alert for MAG 540All sales in MAG 540

Unit 305 · Unit 309