114, MAG 535
Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 114, MAG 535
What is 114 worth today?
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Source: Dubai Land Department. Updated 31 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 966 sqft
- Floor
- 1st of 6
- Parking
- G-14
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 747K · November 2018
- Building
- MAG 535
About 114, MAG 535
114 is a two-bedroom apartment of 966 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 7 November 2018 for AED 746,760, or AED 773 per sqft, in line with the AED 762 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 31 August 2024, is AED 50,000 a year: a gross yield of 6.7% on the 2018 price, before the service charge of about AED 14,700 a year.
Sales and rents for 114 over time
114 has sold once; the dashed line is the two-bed median of each year in the building.
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 114 sits
All 24 2-beds →114 last sold in November 2018 at AED 773 per sqft, in line with what two-beds in MAG 535 were fetching at the time (AED 762). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 1,008 sqft | 1,060,000 | 1,051 | ||
| 28 Nov 202528 November 2025 | 1,005 sqft | 1,025,000 | 1,020 | ||
| 2 Oct 20252 October 2025 | 966 sqft | 1,000,000 | 1,035 | ||
| 12 May 202512 May 2025 | 1,041 sqft | 1,000,000 | 960 |
MAG 535
Building86 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%
Other units on the 1st floor
All 86 units in MAG 535| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,040 sqft | AED 799KAED 799,000 · Feb 2019February 2019 | 55,650 /yr | |
| 102 | 1-bed | 666 sqft | AED 539KAED 539,000 · Feb 2024February 2024 | 35,937 /yr | |
| 103 | Studio | 476 sqft | AED 380KAED 380,000 · Sep 2018September 2018 | 39,000 /yr | |
| 104 | 1-bed | 642 sqft | AED 556KAED 555,611 · Jul 2016July 2016 | 55,000 /yr | |
| 105 | 2-bed | 987 sqft | AED 799KAED 799,000 · May 2016May 2016 | 68,000 /yr | |
| 106 | 1-bed | 666 sqft | AED 640KAED 640,000 · Sep 2024September 2024 | 65,000 /yr | |
| 107 | Studio | 473 sqft | AED 330KAED 330,000 · Dec 2023December 2023 | 40,000 /yr | |
| 108 | 1-bed | 642 sqft | AED 430KAED 430,000 · Nov 2020November 2020 | 58,000 /yr | |
| 109 | 1-bed | 638 sqft | AED 450KAED 450,000 · Jul 2020July 2020 | 53,000 /yr | |
| 110 | 1-bed | 638 sqft | AED 518KAED 517,645 · May 2018May 2018 | ||
| 111 | 1-bed | 634 sqft | AED 450KAED 450,000 · Nov 2018November 2018 | 52,000 /yr | |
| 112 | 1-bed | 637 sqft | No registered sale | 65,000 /yr | |
| 113 | 2-bed | 966 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 65,000 /yr |
114, MAG 535 in numbers
- Sold once: by MAG on 7 November 2018 for AED 746,760, or AED 773 per sqft.
- Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 42,000 to AED 37,000 in 2021 and recovered to AED 50,000 by August 2024.
- At AED 50,000 a year the gross yield on the 2018 price is 6.7%, before a service charge of about AED 14,700 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 31 August 2024.
Questions about 114, MAG 535
What did unit 114 last sell for?
AED 746,760 on 7 November 2018, sold by the developer: AED 773 per sqft for 966 sqft. It is the only registered sale of the unit.
What is the rent for unit 114?
AED 50,000 a year on the contract signed on 31 August 2024. The previous contract, from August 2022, was AED 38,000; the unit has been rented since January 2020.
How big is unit 114?
966 sqft (89.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 114 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 114, MAG 535
Starts from the last sale price (AED 747K, 7 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 746,760
- Deposit, UAE resident (20%)
- AED 149,352
- Deposit, non-resident (40%)
- AED 298,704
- Monthly over 25 years at 3.7%
- AED 3,055
Plus AED 36,374 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →