Studio · 476 sqftMAG 535, Dubai South · 1st floor · completed 2020

103, MAG 535

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 13 May 2025
Last soldAED 380K30 September 2018
Current rentAED 39K /yr13 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, MAG 535

What is 103 worth today?

Last sold for AED 380,000 in 2018

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13 May 2025RentedNew contract
AED 39,000/yr12 months · AED 82 per sqft
13 May 2025RentedNew contract
AED 39,000/yr12 months · AED 82 per sqft
5 May 2023RentedNew contract
AED 27,500/yr12 months · AED 58 per sqft
23 Apr 2022RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
10 May 2020RentedNew contract
AED 20,000/yr12 months · AED 42 per sqft
30 Sep 2018Sold by developerOff-plan
AED 380,000AED 797 per sqft

Source: Dubai Land Department. Updated 13 May 2025.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
1st of 6
Parking
G-03
Developer
MAG
Completed
2020
Service charge
AED 7,300 /yr
Last sold
AED 380K · September 2018
Building
MAG 535

About 103, MAG 535

103 is a studio of 476 sqft on the 1st floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 30 September 2018 for AED 380,000, or AED 797 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 13 May 2025, is AED 39,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical studio in MAG 535
380K390K2016201720182019Typical sale price by year: 2016 AED 396,278; 2018 AED 395,555Sold by developer, September 2018: AED 380,000 (AED 797 per sqft)

103 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 103, each contractTypical studio in MAG 535
20K40K20192021202320252027Typical rent by year: 2019 AED 26,500; 2020 AED 20,500; 2021 AED 18,000; 2022 AED 22,000; 2023 AED 23,000; 2024 AED 39,000; 2025 AED 39,500; 2026 AED 42,000New contract, May 2020: AED 20,000 a yearNew contract, April 2022: AED 22,000 a yearNew contract, May 2023: AED 27,500 a yearNew contract, May 2025: AED 39,000 a yearNew contract, May 2025: AED 39,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 535, and where 103 sits

All 12 studios →

103's AED 39,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Dec 2024540,000
20 Dec 2023330,000
26 Jul 2023275,000
19 Jan 2022300,000
0 studio 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,036
Typical sale
AED 1.03M
Typical rent
AED 55K /yr
Typical yield
7.6%
MAG 535, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 86 units in MAG 535
Value
1012-bedAED 799K · Feb 2019
1021-bedAED 690K · Sep 2026
1041-bedAED 556K · Jul 2016
1052-bedAED 1.03M · Jul 2026
1061-bedAED 640K · Sep 2024
107StudioAED 330K · Dec 2023
1081-bedAED 430K · Nov 2020
1–7 of 13

103, MAG 535 in numbers

  • Sold once: by MAG on 30 September 2018 for AED 380,000, or AED 797 per sqft.
  • Rented since May 2020 on 5 Ejari contracts, from AED 20,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 7,300 a year (AED 15.24 per sqft).

Source: Dubai Land Department. Updated 13 May 2025.

Questions about 103, MAG 535

What did unit 103 last sell for?

AED 380,000 on 30 September 2018, sold by the developer: AED 797 per sqft for 476 sqft. It is the only registered sale of the unit.

What is the rent for unit 103?

AED 39,000 a year on the contract signed on 13 May 2025. The previous contract, from May 2025, was AED 39,000; the unit has been rented since May 2020.

How big is unit 103?

476 sqft (44.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 103, MAG 535

Starts from the last sale price (AED 380K, 30 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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