1-bed · 666 sqftMAG 535, Dubai South · 2nd floor · completed 2020

202, MAG 535

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 540K29 July 2024
Current rentAED 27K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, MAG 535

What is 202 worth today?

Last sold for AED 540,000 in 2024

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29 Jul 2024SoldReady
AED 540,000AED 810 per sqft
1 Dec 2023RentedRenewal
AED 27,300/yr12 months · AED 41 per sqft
1 Dec 2022RentedRenewal
AED 26,000/yr12 months · AED 39 per sqft
1 Oct 2020RentedNew contract
AED 27,000/yr12 months · AED 41 per sqft
1 Oct 2019RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
28 Apr 2016Sold by developerOff-plan
AED 499,000AED 761 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
2nd of 6
Parking
G-16
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 540K · July 2024
Building
MAG 535

About 202, MAG 535

202 is a one-bedroom apartment of 666 sqft on the 2nd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 29 July 2024 for AED 540,000, or AED 810 per sqft, in line with the AED 798 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 27,300 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 10,100 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, April 2016: AED 499,000 (AED 761 per sqft)Sold, July 2024: AED 540,000 (AED 810 per sqft)

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

Rents
Unit 202, 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, October 2019: AED 30,000 a yearNew contract, October 2020: AED 27,000 a yearRenewal, December 2022: AED 26,000 a yearRenewal, December 2023: AED 27,300 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 202 sits

All 46 1-beds →

202 last sold in July 2024 at AED 810 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 798). 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. 202's AED 27,300 is at the bottom 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 2nd floor

All 86 units in MAG 535
Value
2012-bedAED 750K · Aug 2018
203StudioAED 350K · Jun 2016
204AED 750K · Sep 2025
2052-bedAED 1.03M · Nov 2025
2061-bedAED 499K · Apr 2016
207StudioAED 380K · Apr 2016
2081-bedAED 370K · Sep 2023
1–7 of 13

202, MAG 535 in numbers

  • Sold twice: first on 28 April 2016 for AED 499,000, last on 29 July 2024 for AED 540,000 (AED 810 per sqft).
  • Rented since October 2019 on 4 Ejari contracts, from AED 30,000 to AED 27,300 a year.
  • At AED 27,300 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 10,100 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 29 July 2024.

Questions about 202, MAG 535

What did unit 202 last sell for?

AED 540,000 on 29 July 2024: AED 810 per sqft for 666 sqft. The unit has 2 registered sales; the first was AED 499,000 in April 2016.

What is the rent for unit 202?

AED 27,300 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 26,000; the unit has been rented since October 2019.

How big is unit 202?

666 sqft (61.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 202 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.

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Mortgage on 202, MAG 535

Starts from the last sale price (AED 540K, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

Plus AED 27,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →