1-bed · 642 sqftMAG 535, Dubai South · 1st floor · completed 2020

104, MAG 535

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 556K19 July 2016
Current rentAED 55K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, MAG 535

What is 104 worth today?

Last sold for AED 555,611 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
10 Oct 2023RentedNew contract
AED 41,000/yr12 months · AED 63 per sqft
1 Oct 2022RentedRenewal
AED 30,000/yr12 months · AED 46 per sqft
15 Sep 2020RentedRenewal
AED 26,000/yr12 months · AED 40 per sqft
15 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
19 Jul 2016Sold by developerOff-plan
AED 555,611AED 865 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
1st of 6
Parking
G-04
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 556K · July 2016
Building
MAG 535

About 104, MAG 535

104 is a one-bedroom apartment of 642 sqft on the 1st floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 19 July 2016 for AED 555,611, or AED 865 per sqft, in line with the AED 842 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 5 November 2024, is AED 55,000 a year: a gross yield of 9.9% on the 2016 price, before the service charge of about AED 9,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in MAG 535
400K600K2016201920222025Typical sale price by year: 2016 AED 549,000; 2017 AED 525,000; 2018 AED 530,601; 2019 AED 500,000; 2020 AED 430,000; 2022 AED 390,000; 2023 AED 389,624; 2024 AED 539,000; 2025 AED 625,000Sold by developer, July 2016: AED 555,611 (AED 865 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in MAG 535
20K40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 27,500; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,750; 2024 AED 40,000; 2025 AED 52,000; 2026 AED 58,000New contract, September 2019: AED 30,000 a yearRenewal, September 2020: AED 26,000 a yearRenewal, October 2022: AED 30,000 a yearNew contract, October 2023: AED 41,000 a yearNew contract, November 2024: AED 55,000 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 535, and where 104 sits

All 46 1-beds →

104 last sold in July 2016 at AED 865 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 842). Over the last 12 months one-beds sold for AED 700,000 to 780,000, around AED 1,134 per sqft, and rent for AED 37,268 to 58,000 a year. 104's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 2026780,000
20 Jan 2026700,000
24 Oct 2025650,000
2 Jun 2025700,000
2 1-bed sales in the last 12 months

MAG 535

Building

86 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,051
Typical sale
AED 1.03M
Typical rent
AED 50K /yr
Typical yield
7.5%
MAG 535, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 86 units in MAG 535
Value
1012-bedAED 799K · Feb 2019
1021-bedAED 539K · Feb 2024
103StudioAED 380K · Sep 2018
1052-bedAED 799K · May 2016
1061-bedAED 640K · Sep 2024
107StudioAED 330K · Dec 2023
1081-bedAED 430K · Nov 2020
1–7 of 13

104, MAG 535 in numbers

  • Sold once: by MAG on 19 July 2016 for AED 555,611, or AED 865 per sqft.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2020 and recovered to AED 55,000 by November 2024.
  • At AED 55,000 a year the gross yield on the 2016 price is 9.9%, before a service charge of about AED 9,800 a year (AED 15.24 per sqft).
  • One-beds in MAG 535 sold for AED 700,000–780,000 in the 12 months to November 2026; the building's median across all types is AED 1,051 per sqft.

Source: Dubai Land Department. Updated 5 November 2024.

Questions about 104, MAG 535

What did unit 104 last sell for?

AED 555,611 on 19 July 2016, sold by the developer: AED 865 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 55,000 a year on the contract signed on 5 November 2024. The previous contract, from October 2023, was AED 41,000; the unit has been rented since September 2019.

How big is unit 104?

642 sqft (59.6 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 535 sold for AED 700,000 to 780,000 in the last 12 months, around AED 1,134 per sqft.

Selling 104? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 104, MAG 535

Starts from the last sale price (AED 556K, 19 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 555,611
Deposit, UAE resident (20%)
AED 111,122
Deposit, non-resident (40%)
AED 222,244
Monthly over 25 years at 3.7%
AED 2,273

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →