1-bed · 655 sqftMAG 535, Dubai South · 2nd floor · completed 2020

206, MAG 535

Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 499K27 April 2016
Current rentAED 53K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, MAG 535

What is 206 worth today?

Last sold for AED 499,000 in 2016

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25 Sep 2026RentedRenewal
AED 52,800/yr12 months · AED 79 per sqft
25 Sep 2025RentedNew contract
AED 52,800/yr12 months · AED 79 per sqft
27 Apr 2016Sold by developerOff-plan
AED 499,000AED 761 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
1-bed apartment
Size
655 sqft
Floor
2nd of 6
Parking
G-20
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 499K · April 2016
Building
MAG 535

About 206, MAG 535

206 is a one-bedroom apartment of 655 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 27 April 2016 for AED 499,000, or AED 761 per sqft, in line with the AED 764 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 25 September 2026, is AED 52,800 a year: a gross yield of 10.6% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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 650,000; 2026 AED 700,000Sold by developer, April 2016: AED 499,000 (AED 761 per sqft)

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

Rents
Unit 206, each contractTypical one-bed in MAG 535
20K40K201920222025Typical 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 52,800New contract, September 2025: AED 52,800 a yearRenewal, September 2026: AED 52,800 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 206 sits

All 48 1-beds →

206 last sold in April 2016 at AED 761 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 764). Over the last 12 months one-beds sold for AED 690,000 to 780,000, around AED 1,098 per sqft, and rent for AED 33,558 to 65,000 a year. 206's AED 52,800 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 2026690,000
17 Feb 2026780,000
20 Jan 2026700,000
24 Oct 2025650,000
3 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. 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
2012-bedAED 750K · Aug 2018
2021-bedAED 540K · Jul 2024
203StudioAED 350K · Jun 2016
2041-bedAED 750K · Sep 2025
2052-bedAED 1.03M · Nov 2025
207StudioAED 380K · Apr 2016
2081-bedAED 370K · Sep 2023
1–7 of 13

206, MAG 535 in numbers

  • Sold once: by MAG on 27 April 2016 for AED 499,000, or AED 761 per sqft.
  • Rented since September 2025 on 2 Ejari contracts, at AED 52,800 a year.
  • At AED 52,800 a year the gross yield on the 2016 price is 10.6%, before a service charge of about AED 10,000 a year (AED 15.24 per sqft).
  • One-beds in MAG 535 sold for AED 690,000–780,000 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 25 September 2026.

Questions about 206, MAG 535

What did unit 206 last sell for?

AED 499,000 on 27 April 2016, sold by the developer: AED 761 per sqft for 655 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 52,800 a year on the contract renewed on 25 September 2026. The previous contract, from September 2025, was AED 52,800.

How big is unit 206?

655 sqft (60.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 206 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 690,000 to 780,000 in the last 12 months, around AED 1,098 per sqft.

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Mortgage on 206, MAG 535

Starts from the last sale price (AED 499K, 27 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 499,000
Deposit, UAE resident (20%)
AED 99,800
Deposit, non-resident (40%)
AED 199,600
Monthly over 25 years at 3.7%
AED 2,042

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