2-bed · 1,041 sqftMAG 535, Dubai South · 5th floor · completed 2020

501, MAG 535

Sold prices and rental history: sold once, by the developer in July 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 501 · DLD and Ejari recordsUpdated 3 July 2018

Last soldAED 695K3 July 2018

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Today's valuefree after one verification

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Property timeline for 501, MAG 535

Today

What is 501 worth today?

Last sold for AED 695,000 in 2018

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3 Jul 2018

3 Jul 2018Sold by developerOff-plan

AED 695,000AED 667 per sqft

Source: Dubai Land Department. Updated 3 July 2018.

Key facts

Type: 2-bed apartment
Size: 1,041 sqft
Floor: 5th of 6
Parking: G-58
Developer: MAG
Completed: 2020
Service charge: AED 15,900 /yr
Last sold: AED 695K · July 2018
Building: MAG 535

About 501, MAG 535

501 is a two-bedroom apartment of 1,041 sqft on the 5th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 3 July 2018 for AED 695,000, or AED 667 per sqft, 14% below the AED 779 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales

Unit 501, each saleTypical two-bed in MAG 535

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

Rents

Unit 501, each contractTypical two-bed in MAG 535

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 501 sits

All 24 2-beds →

2-beds in MAG 535 · last 12 months1,036 /sqft MAG 535 · all types1,051 /sqft

501 last sold in July 2018 at AED 667 per sqft, 14% below what two-beds in MAG 535 were fetching at the time (AED 779). 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 sales	Size	Price (AED)	Per sqft
12 Feb 202612 February 2026	1,008 sqft	1,060,000	1,051
28 Nov 202528 November 2025	1,005 sqft	1,025,000	1,020
2 Oct 20252 October 2025	966 sqft	1,000,000	1,035
12 May 202512 May 2025	1,041 sqft	1,000,000	960

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 5th floor

All 86 units in MAG 535


502	1-bed	667 sqft	AED 549KAED 549,000 · May 2016May 2016	37,268 /yr
503	Studio	476 sqft	AED 396KAED 395,555 · Oct 2018October 2018	38,000 /yr
504	1-bed	642 sqft	AED 566KAED 565,827 · Jul 2016July 2016	46,154 /yr
505	2-bed	78 sqft	AED 1.06MAED 1,060,000 · Feb 2026February 2026	63,000 /yr
506	1-bed	667 sqft	AED 780KAED 780,000 · Feb 2026February 2026	40,000 /yr
507	Studio	473 sqft	AED 401KAED 400,555 · Jun 2016June 2016	45,000 /yr
508	1-bed	642 sqft	AED 595KAED 595,000 · Feb 2025February 2025	55,000 /yr
509	1-bed	639 sqft	AED 530KAED 530,000 · Mar 2024March 2024	57,000 /yr
510	1-bed	638 sqft	AED 549KAED 549,000 · May 2016May 2016	55,000 /yr
511	1-bed	634 sqft	AED 549KAED 549,000 · Jun 2016June 2016
512		637 sqft	AED 650KAED 650,000 · Aug 2025August 2025	50,000 /yr
513	2-bed	966 sqft	AED 820KAED 820,000 · Oct 2018October 2018	60,000 /yr
514	2-bed	966 sqft	AED 781KAED 780,555 · Sep 2016September 2016	50,600 /yr

1–7 of 13

501, MAG 535 in numbers

Sold once: by MAG on 3 July 2018 for AED 695,000, or AED 667 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 3 July 2018.

Questions about 501, MAG 535

What did unit 501 last sell for?

AED 695,000 on 3 July 2018, sold by the developer: AED 667 per sqft for 1,041 sqft. It is the only registered sale of the unit.

How big is unit 501?

1,041 sqft (96.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 501 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 501, MAG 535

Starts from the last sale price (AED 695K, 3 July 2018). Switch to today's estimate once you have unlocked it.

Price: AED 695,000
Deposit, UAE resident (20%): AED 139,000
Deposit, non-resident (40%): AED 278,000
Monthly over 25 years at 3.7%: AED 2,843

Plus AED 34,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →