Studio · 473 sqftMAG 535, Dubai South · 2nd floor · completed 2020

207, MAG 535

Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 7 December 2025
Last soldAED 380K27 April 2016
Current rentAED 36K /yr7 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, MAG 535

What is 207 worth today?

Last sold for AED 380,000 in 2016

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7 Dec 2025RentedRenewal
AED 36,000/yr12 months · AED 76 per sqft
7 Dec 2024RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
13 Apr 2023RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
1 Apr 2019RentedNew contract
AED 26,000/yr12 months · AED 55 per sqft
27 Apr 2016Sold by developerOff-plan
AED 380,000AED 802 per sqft

Source: Dubai Land Department. Updated 7 December 2025.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
2nd of 6
Parking
G-21
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 380K · April 2016
Building
MAG 535

About 207, MAG 535

207 is a studio of 473 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 380,000, or AED 802 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 7 December 2025, is AED 36,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 7,200 a year.

Sales and rents for 207 over time

Sales
Unit 207, each saleTypical studio in MAG 535
380K390K2016201720182019Typical sale price by year: 2016 AED 396,278; 2018 AED 395,555Sold by developer, April 2016: AED 380,000 (AED 802 per sqft)

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

Rents
Unit 207, 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, April 2019: AED 26,000 a yearNew contract, April 2023: AED 22,000 a yearNew contract, December 2024: AED 36,000 a yearRenewal, December 2025: AED 36,000 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 207 sits

All 12 studios →

207's AED 36,000 is at the bottom 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 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
2061-bedAED 499K · Apr 2016
2081-bedAED 370K · Sep 2023
1–7 of 13

207, MAG 535 in numbers

  • Sold once: by MAG on 27 April 2016 for AED 380,000, or AED 802 per sqft.
  • Rented since April 2019 on 4 Ejari contracts. The rent fell from AED 26,000 to AED 22,000 in 2023 and recovered to AED 36,000 by December 2025.
  • At AED 36,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 7,200 a year (AED 15.24 per sqft).

Source: Dubai Land Department. Updated 7 December 2025.

Questions about 207, MAG 535

What did unit 207 last sell for?

AED 380,000 on 27 April 2016, sold by the developer: AED 802 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 207?

AED 36,000 a year on the contract renewed on 7 December 2025. The previous contract, from December 2024, was AED 36,000; the unit has been rented since April 2019.

How big is unit 207?

473 sqft (43.9 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 207 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 207, MAG 535

Starts from the last sale price (AED 380K, 27 April 2016). 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 →