1-bed · 666 sqftMAG 535, Dubai South · 3rd floor · completed 2020

302, MAG 535

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

Unit 302 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 590K30 September 2024
Current rentAED 33K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, MAG 535

What is 302 worth today?

Last sold for AED 590,000 in 2024

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30 Sep 2024SoldReady
AED 590,000AED 886 per sqft
15 Mar 2023RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
10 Apr 2019RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
5 Mar 2019Sold by developerOff-plan
AED 569,650AED 855 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
666 sqft
Floor
3rd of 6
Parking
G-30
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 590K · September 2024
Building
MAG 535

About 302, MAG 535

302 is a one-bedroom apartment of 666 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 30 September 2024 for AED 590,000, or AED 886 per sqft, 9% above the AED 810 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 15 March 2023, is AED 33,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 10,100 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, March 2019: AED 569,650 (AED 855 per sqft)Sold, September 2024: AED 590,000 (AED 886 per sqft)

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

Rents
Unit 302, 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, April 2019: AED 35,000 a yearNew contract, March 2023: AED 33,000 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 302 sits

All 46 1-beds →

302 last sold in September 2024 at AED 886 per sqft, 9% above what one-beds in MAG 535 were fetching at the time (AED 810). 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. 302's AED 33,000 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 3rd floor

All 86 units in MAG 535
Value
3012-bedAED 818K · Apr 2016
303StudioAED 300K · Jan 2022
3041-bedAED 511K · Dec 2016
3052-bedNo registered sale
3061-bedAED 650K · Oct 2025
307StudioAED 399K · May 2016
3081-bedAED 400K · Sep 2023
1–7 of 13

302, MAG 535 in numbers

  • Sold twice: first on 5 March 2019 for AED 569,650, last on 30 September 2024 for AED 590,000 (AED 886 per sqft).
  • Rented since April 2019 on 2 Ejari contracts, from AED 35,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2024 price is 5.6%, 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 30 September 2024.

Questions about 302, MAG 535

What did unit 302 last sell for?

AED 590,000 on 30 September 2024: AED 886 per sqft for 666 sqft. The unit has 2 registered sales; the first was AED 569,650 in March 2019.

What is the rent for unit 302?

AED 33,000 a year on the contract signed on 15 March 2023. The previous contract, from April 2019, was AED 35,000.

How big is unit 302?

666 sqft (61.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 302 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 302, MAG 535

Starts from the last sale price (AED 590K, 30 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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