2-bed · 966 sqftMAG 535, Dubai South · 3rd floor · completed 2020

313, MAG 535

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

Unit 313 · DLD and Ejari recordsUpdated 25 September 2020
Last soldAED 799K4 March 2019
Current rentAED 40K /yr25 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, MAG 535

What is 313 worth today?

Last sold for AED 799,000 in 2019

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25 Sep 2020RentedRenewal
AED 40,000/yr12 months · AED 42 per sqft
25 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 43 per sqft
4 Mar 2019Sold by developerOff-plan
AED 799,000AED 827 per sqft

Source: Dubai Land Department. Updated 25 September 2020.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
3rd of 6
Parking
G-42
Developer
MAG
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 799K · March 2019
Building
MAG 535

About 313, MAG 535

313 is a two-bedroom apartment of 966 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 4 March 2019 for AED 799,000, or AED 827 per sqft, 7% above the AED 771 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 25 September 2020, is AED 40,000 a year: a gross yield of 5.0% on the 2019 price, before the service charge of about AED 14,700 a year.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical two-bed in MAG 535
800K1M2016201920222025Typical sale price by year: 2016 AED 799,000; 2018 AED 765,524; 2019 AED 799,000; 2025 AED 1,000,000Sold by developer, March 2019: AED 799,000 (AED 827 per sqft)

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

Rents
Unit 313, each contractTypical two-bed in MAG 535
40K60K2019202120232025Typical rent by year: 2019 AED 43,000; 2020 AED 38,500; 2021 AED 37,000; 2022 AED 39,950; 2023 AED 46,500; 2024 AED 55,325; 2025 AED 63,000New contract, September 2019: AED 42,000 a yearRenewal, September 2020: AED 40,000 a year

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 313 sits

All 24 2-beds →

313 last sold in March 2019 at AED 827 per sqft, 7% above what two-beds in MAG 535 were fetching at the time (AED 771). 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 salesUnit no.Price (AED)Summary
12 Feb 20261,060,000
28 Nov 20251,025,000
2 Oct 20251,000,000
12 May 20251,000,000
2 2-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
3041-bedAED 511K · Dec 2016
3052-bedNo registered sale
3061-bedAED 650K · Oct 2025
307StudioAED 399K · May 2016
1–7 of 13

313, MAG 535 in numbers

  • Sold once: by MAG on 4 March 2019 for AED 799,000, or AED 827 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, from AED 42,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 5.0%, 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 25 September 2020.

Questions about 313, MAG 535

What did unit 313 last sell for?

AED 799,000 on 4 March 2019, sold by the developer: AED 827 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 40,000 a year on the contract renewed on 25 September 2020. The previous contract, from September 2019, was AED 42,000.

How big is unit 313?

966 sqft (89.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 313 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 313, MAG 535

Starts from the last sale price (AED 799K, 4 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 799,000
Deposit, UAE resident (20%)
AED 159,800
Deposit, non-resident (40%)
AED 319,600
Monthly over 25 years at 3.7%
AED 3,269

Plus AED 38,568 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →