2-bed · 987 sqftMAG 535, Dubai South · 1st floor · completed 2020

105, MAG 535

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

Unit 105 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 799K19 May 2016
Current rentAED 68K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 105, MAG 535

What is 105 worth today?

Last sold for AED 799,000 in 2016

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15 Jul 2024RentedNew contract
AED 68,000/yr12 months · AED 68 per sqft
15 Dec 2023RentedNew contract
AED 65,000/yr12 months · AED 65 per sqft
18 Nov 2022RentedRenewal
AED 39,900/yr12 months · AED 40 per sqft
9 Jun 2022RentedNew contract
AED 86,038/yr5 months · AED 86 per sqft
18 Nov 2020RentedNew contract
AED 38,000/yr12 months · AED 38 per sqft
20 Oct 2019RentedNew contract
AED 42,000/yr12 months · AED 42 per sqft
19 May 2016Sold by developerOff-plan
AED 799,000AED 809 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
987 sqft
Floor
1st of 6
Parking
G-05
Developer
MAG
Completed
2020
Service charge
AED 15,000 /yr
Last sold
AED 799K · May 2016
Building
MAG 535

About 105, MAG 535

105 is a two-bedroom apartment of 987 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 May 2016 for AED 799,000, or AED 809 per sqft, in line with the AED 809 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 15 July 2024, is AED 68,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 15,000 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical two-bed in MAG 535
800K1M2016201920222025Typical sale price by year: 2016 AED 799,000; 2018 AED 765,524; 2019 AED 799,000; 2025 AED 1,000,000Sold by developer, May 2016: AED 799,000 (AED 809 per sqft)

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

Rents
Unit 105, each contractTypical two-bed in MAG 535
50K75K2019202120232025Typical rent by year: 2019 AED 43,000; 2020 AED 38,500; 2021 AED 37,000; 2022 AED 39,950; 2023 AED 46,500; 2024 AED 55,325; 2025 AED 63,000New contract, October 2019: AED 42,000 a yearNew contract, November 2020: AED 38,000 a yearNew contract, June 2022: AED 86,038 a yearRenewal, November 2022: AED 39,900 a yearNew contract, December 2023: AED 65,000 a yearNew contract, July 2024: AED 68,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 535, and where 105 sits

All 24 2-beds →

105 last sold in May 2016 at AED 809 per sqft, in line with what two-beds in MAG 535 were fetching at the time (AED 809). Over the last 12 months two-beds sold for AED 1,025,000 to 1,060,000, around AED 1,036 per sqft, and rent for AED 75,000 to 75,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Feb 20261,060,000
28 Nov 20251,025,000
2 Oct 20251,000,000
12 May 20251,000,000
2 2-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
1041-bedAED 556K · Jul 2016
1061-bedAED 640K · Sep 2024
107StudioAED 330K · Dec 2023
1081-bedAED 430K · Nov 2020
1–7 of 13

105, MAG 535 in numbers

  • Sold once: by MAG on 19 May 2016 for AED 799,000, or AED 809 per sqft.
  • Rented since October 2019 on 6 Ejari contracts, from AED 42,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 15,000 a year (AED 15.24 per sqft).
  • Two-beds in MAG 535 sold for AED 1,025,000–1,060,000 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 15 July 2024.

Questions about 105, MAG 535

What did unit 105 last sell for?

AED 799,000 on 19 May 2016, sold by the developer: AED 809 per sqft for 987 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 68,000 a year on the contract signed on 15 July 2024. The previous contract, from December 2023, was AED 65,000; the unit has been rented since October 2019.

How big is unit 105?

987 sqft (91.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 535 sold for AED 1,025,000 to 1,060,000 in the last 12 months, around AED 1,036 per sqft.

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Mortgage on 105, MAG 535

Starts from the last sale price (AED 799K, 19 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 799,000
Deposit, UAE resident (20%)
AED 159,800
Deposit, non-resident (40%)
AED 319,600
Monthly over 25 years at 3.7%
AED 3,269

Plus AED 38,568 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →