Unit 311, MAG 540: what it sold for and what it is worth now

Unit 311 at MAG 540 is a 1 bed of 636 sq ft. It last sold for AED 440,000 on 17 Aug 2023. 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 755,000 today.

Value todayAED 755,000AED 743,000 to AED 758,000
Last saleAED 440,00017 Aug 2023 · Resale
Change since last sale+71.6%Building trend alone: AED 775,539
Rent (median asking, 1 bed)AED 60,000Gross yield 7.9%
Bedrooms1 bed
Size636 sq ft
Floor3 (from the unit number)
Position in the towerStack 11: units ending 11 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 311

DatePriceSizeAED/sq ftType
17 Aug 2023AED 440,000636 sq ft692Resale

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 (636 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 775,539. 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 311 at MAG 540 worth?

About AED 755,000 (range AED 743,000 to AED 758,000), based on AED 1,188 per sq ft from registered sales up to 25 Sep 2026.

When did unit 311 last sell?

17 Aug 2023, for AED 440,000 (resale). It has 1 registered sale.

What rent can unit 311 make?

A 1 bed in MAG 540 rents for about AED 60,000 a year (median asking rent). That is a gross yield of 7.9% on the estimate.

Sales alert for MAG 540All sales in MAG 540

Unit 309 · Unit 313