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1-bed · 642 sqftMAG 535, Dubai South · 3rd floor · completed 2020

304, MAG 535

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

Unit 304 · DLD and Ejari recordsUpdated 15 September 2025
Last soldAED 511K21 December 2016
Current rentAED 55K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, MAG 535

What is 304 worth today?

Last sold for AED 510,555 in 2016

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15 Sep 2025RentedRenewal
AED 55,000/yr12 months · AED 86 per sqft
15 Sep 2024RentedNew contract
AED 55,000/yr12 months · AED 86 per sqft
5 Dec 2022RentedNew contract
AED 33,000/yr12 months · AED 51 per sqft
15 Sep 2020RentedRenewal
AED 32,000/yr12 months · AED 50 per sqft
15 Sep 2019RentedNew contract
AED 35,000/yr12 months · AED 54 per sqft
21 Dec 2016Sold by developerOff-plan
AED 510,555AED 795 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
3rd of 6
Parking
G-32
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 511K · December 2016
Building
MAG 535

About 304, MAG 535

304 is a one-bedroom apartment of 642 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 December 2016 for AED 510,555, or AED 795 per sqft, 5% below the AED 838 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 55,000 a year: a gross yield of 10.8% on the 2016 price, before the service charge of about AED 9,800 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, December 2016: AED 510,555 (AED 795 per sqft)

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

Rents
Unit 304, 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, September 2019: AED 35,000 a yearRenewal, September 2020: AED 32,000 a yearNew contract, December 2022: AED 33,000 a yearNew contract, September 2024: AED 55,000 a yearRenewal, September 2025: AED 55,000 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 304 sits

All 46 1-beds →

304 last sold in December 2016 at AED 795 per sqft, 5% below what one-beds in MAG 535 were fetching at the time (AED 838). 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. 304's AED 55,000 is in the upper half 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
3021-bedAED 590K · Sep 2024
303StudioAED 300K · Jan 2022
3052-bedNo registered sale
3061-bedAED 650K · Oct 2025
307StudioAED 399K · May 2016
3081-bedAED 400K · Sep 2023
1–7 of 13

304, MAG 535 in numbers

  • Sold once: by MAG on 21 December 2016 for AED 510,555, or AED 795 per sqft.
  • Rented since September 2019 on 5 Ejari contracts, from AED 35,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2016 price is 10.8%, before a service charge of about AED 9,800 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 September 2025.

Questions about 304, MAG 535

What did unit 304 last sell for?

AED 510,555 on 21 December 2016, sold by the developer: AED 795 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 55,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 55,000; the unit has been rented since September 2019.

How big is unit 304?

642 sqft (59.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 304 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 304, MAG 535

Starts from the last sale price (AED 511K, 21 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 510,555
Deposit, UAE resident (20%)
AED 102,111
Deposit, non-resident (40%)
AED 204,222
Monthly over 25 years at 3.7%
AED 2,089

Plus AED 26,453 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →