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1-bed · 638 sqftMAG 535, Dubai South · 2nd floor · completed 2020

209, MAG 535

Sold prices and rental history: sold once, by the developer in April 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 495K5 April 2021
Current rentAED 28K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, MAG 535

What is 209 worth today?

Last sold for AED 495,000 in 2021

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15 Jan 2025RentedRenewal
AED 28,000/yr12 months · AED 44 per sqft
15 Jan 2024RentedRenewal
AED 28,000/yr12 months · AED 44 per sqft
15 Jan 2023RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
5 Apr 2021Sold by developerOff-plan
AED 495,000AED 776 per sqft
7 Jan 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
2nd of 6
Parking
G-23
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 495K · April 2021
Building
MAG 535

About 209, MAG 535

209 is a one-bedroom apartment of 638 sqft on the 2nd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 5 April 2021 for AED 495,000, or AED 776 per sqft, 13% above the AED 687 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 28,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 9,700 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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 2021: AED 495,000 (AED 776 per sqft)

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

Rents
Unit 209, 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, January 2021: AED 24,000 a yearNew contract, January 2023: AED 28,000 a yearRenewal, January 2024: AED 28,000 a yearRenewal, January 2025: AED 28,000 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 209 sits

All 46 1-beds →

209 last sold in April 2021 at AED 776 per sqft, 13% above what one-beds in MAG 535 were fetching at the time (AED 687). 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. 209's AED 28,000 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
2021-bedAED 540K · Jul 2024
203StudioAED 350K · Jun 2016
204AED 750K · Sep 2025
2052-bedAED 1.03M · Nov 2025
2061-bedAED 499K · Apr 2016
207StudioAED 380K · Apr 2016
1–7 of 13

209, MAG 535 in numbers

  • Sold once: by MAG on 5 April 2021 for AED 495,000, or AED 776 per sqft.
  • Rented since January 2021 on 4 Ejari contracts, from AED 24,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2021 price is 5.7%, before a service charge of about AED 9,700 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 15 January 2025.

Questions about 209, MAG 535

What did unit 209 last sell for?

AED 495,000 on 5 April 2021, sold by the developer: AED 776 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 28,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2024, was AED 28,000; the unit has been rented since January 2021.

How big is unit 209?

638 sqft (59.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 209 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 209, MAG 535

Starts from the last sale price (AED 495K, 5 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →