2-bed · 1,040 sqftMAG 535, Dubai South · 2nd floor · completed 2020

201, MAG 535

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

Unit 201 · DLD and Ejari recordsUpdated 16 August 2018
Last soldAED 750K16 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, MAG 535

What is 201 worth today?

Last sold for AED 750,000 in 2018

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16 Aug 2018Sold by developerOff-plan
AED 750,000AED 721 per sqft

Source: Dubai Land Department. Updated 16 August 2018.

Key facts

Type
2-bed apartment
Size
1,040 sqft
Floor
2nd of 6
Parking
G-15
Developer
MAG
Completed
2020
Service charge
AED 15,800 /yr
Last sold
AED 750K · August 2018
Building
MAG 535

About 201, MAG 535

201 is a two-bedroom apartment of 1,040 sqft on the 2nd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 16 August 2018 for AED 750,000, or AED 721 per sqft, 4% below the AED 750 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 201 over time

Sales
Unit 201, 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, August 2018: AED 750,000 (AED 721 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in MAG 535
40K60K20192021202320252027Typical rent by year: 2019 AED 43,000; 2020 AED 39,500; 2021 AED 37,513; 2022 AED 39,900; 2023 AED 47,730; 2024 AED 55,650; 2025 AED 65,000; 2026 AED 65,750

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 201 sits

All 24 2-beds →

201 last sold in August 2018 at AED 721 per sqft, 4% below what two-beds in MAG 535 were fetching at the time (AED 750). Over the last 12 months two-beds sold for AED 1,025,000 to 1,060,000, around AED 1,020 per sqft, and rent for AED 54,790 to 75,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,025,000
12 Feb 20261,060,000
28 Nov 20251,025,000
2 Oct 20251,000,000
3 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. 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 2nd floor

All 86 units in MAG 535
Value
2021-bedAED 540K · Jul 2024
203StudioAED 350K · Jun 2016
2041-bedAED 750K · Sep 2025
2052-bedAED 1.03M · Nov 2025
2061-bedAED 499K · Apr 2016
207StudioAED 380K · Apr 2016
2081-bedAED 370K · Sep 2023
1–7 of 13

201, MAG 535 in numbers

  • Sold once: by MAG on 16 August 2018 for AED 750,000, or AED 721 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 1,036 per sqft.

Source: Dubai Land Department. Updated 16 August 2018.

Questions about 201, MAG 535

What did unit 201 last sell for?

AED 750,000 on 16 August 2018, sold by the developer: AED 721 per sqft for 1,040 sqft. It is the only registered sale of the unit.

How big is unit 201?

1,040 sqft (96.6 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 201 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 1,020 per sqft.

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Mortgage on 201, MAG 535

Starts from the last sale price (AED 750K, 16 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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