Unit 313, MAG 540: what it sold for and what it is worth now

Unit 313 at MAG 540 is a 2 bed of 963 sq ft. It last sold for AED 685,000 on 15 Sep 2022. At AED 987 per sq ft, from 3 sales in the building in the last 24 months (2 bed), it is worth about AED 950,000 today.

Value todayAED 950,000AED 926,000 to AED 1,027,000
Last saleAED 685,00015 Sep 2022 · Resale
Change since last sale+38.7%Building trend alone: AED 1,269,756
Rent (median asking, 2 bed)AED 72,000Gross yield 7.6%
Bedrooms2 bed
Size963 sq ft
Floor3 (from the unit number)
Position in the towerStack 13: units ending 13 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 313

DatePriceSizeAED/sq ftType
15 Sep 2022AED 685,000963 sq ft711Resale

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21328 Nov 2025AED 950,000963 sq ft987Resale
4132 Jan 2024AED 1,050,000963 sq ft1,090Resale
61319 Sep 2023AED 670,000963 sq ft696Resale

Latest 2 bed sales in MAG 540

UnitDatePriceSizeAED/sq ftType
21328 Nov 2025AED 950,000963 sq ft987Resale
3057 May 2025AED 1,150,0001,004 sq ft1,145Resale
5014 Apr 2025AED 975,0001,040 sq ft938Resale
60531 Jul 2024AED 830,0001,007 sq ft824Resale
5148 Jul 2024AED 850,000963 sq ft883Resale
2012 Apr 2024AED 850,0001,039 sq ft818Resale
4132 Jan 2024AED 1,050,000963 sq ft1,090Resale
40124 Oct 2023AED 700,0001,039 sq ft674Resale

How we worked out the value

We took the 3 sales in MAG 540 in the last 24 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 987). We multiplied it by the size of this unit (963 sq ft). The range uses the middle half of those sales (AED 962 to AED 1,066 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,269,756. 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 313 at MAG 540 worth?

About AED 950,000 (range AED 926,000 to AED 1,027,000), based on AED 987 per sq ft from registered sales up to 25 Sep 2026.

When did unit 313 last sell?

15 Sep 2022, for AED 685,000 (resale). It has 1 registered sale.

What rent can unit 313 make?

A 2 bed in MAG 540 rents for about AED 72,000 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 311 · Unit 401