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1-bed · 642 sqftMAG 535, Dubai South · 2nd floor · completed 2020

208, MAG 535

Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 370K12 September 2023
Current rentAED 55K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, MAG 535

What is 208 worth today?

Last sold for AED 370,000 in 2023

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10 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 86 per sqft
13 Jul 2024RentedNew contract
AED 55,000/yr12 months · AED 86 per sqft
12 Sep 2023SoldReady
AED 370,000AED 576 per sqft
24 Jun 2023RentedRenewal
AED 27,500/yr12 months · AED 43 per sqft
24 Jun 2022RentedNew contract
AED 27,500/yr12 months · AED 43 per sqft
4 Mar 2018Sold by developerOff-plan
AED 543,557AED 846 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
2nd of 6
Parking
G-22
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 370K · September 2023
Building
MAG 535

About 208, MAG 535

208 is a one-bedroom apartment of 642 sqft on the 2nd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 12 September 2023 for AED 370,000, or AED 576 per sqft, 3% below the AED 594 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 July 2026, is AED 55,000 a year: a gross yield of 14.9% on the 2023 price, before the service charge of about AED 9,800 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, March 2018: AED 543,557 (AED 846 per sqft)Sold, September 2023: AED 370,000 (AED 576 per sqft)

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

Rents
Unit 208, each contractTypical one-bed in MAG 535
20K40K60K201920222025Typical 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, June 2022: AED 27,500 a yearRenewal, June 2023: AED 27,500 a yearNew contract, July 2024: AED 55,000 a yearNew contract, July 2026: AED 55,000 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 208 sits

All 48 1-beds →

208 last sold in September 2023 at AED 576 per sqft, 3% below what one-beds in MAG 535 were fetching at the time (AED 594). 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. 208's AED 55,000 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
2061-bedAED 499K · Apr 2016
207StudioAED 380K · Apr 2016
1–7 of 13

208, MAG 535 in numbers

  • Sold twice: first on 4 March 2018 for AED 543,557, last on 12 September 2023 for AED 370,000 (AED 576 per sqft).
  • Rented since June 2022 on 4 Ejari contracts, from AED 27,500 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 14.9%, before a service charge of about AED 9,800 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 10 July 2026.

Questions about 208, MAG 535

What did unit 208 last sell for?

AED 370,000 on 12 September 2023: AED 576 per sqft for 642 sqft. The unit has 2 registered sales; the first was AED 543,557 in March 2018.

What is the rent for unit 208?

AED 55,000 a year on the contract signed on 10 July 2026. The previous contract, from July 2024, was AED 55,000; the unit has been rented since June 2022.

How big is unit 208?

642 sqft (59.6 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 208 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 208, MAG 535

Starts from the last sale price (AED 370K, 12 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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