1-bed · 637 sqftMAG 535, Dubai South · 2nd floor · completed 2020

212, MAG 535

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 600K18 April 2023
Current rentAED 42K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, MAG 535

What is 212 worth today?

Last sold for AED 600,000 in 2023

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15 Oct 2026RentedRenewal
AED 42,000/yr12 months · AED 66 per sqft
15 Oct 2025RentedRenewal
AED 41,000/yr12 months · AED 64 per sqft
15 Oct 2024RentedRenewal
AED 39,000/yr12 months · AED 61 per sqft
15 Oct 2023RentedRenewal
AED 35,000/yr12 months · AED 55 per sqft
18 Apr 2023SoldReady
AED 600,000AED 941 per sqft
15 Oct 2022RentedRenewal
AED 28,000/yr12 months · AED 44 per sqft
15 Oct 2021RentedNew contract
AED 25,500/yr12 months · AED 40 per sqft
25 Sep 2019RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
637 sqft
Floor
2nd of 6
Parking
G-26
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 600K · April 2023
Building
MAG 535

About 212, MAG 535

212 is a one-bedroom apartment of 637 sqft on the 2nd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 April 2023 for AED 600,000, or AED 941 per sqft, 56% above the AED 605 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 15 October 2026, is AED 42,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 9,700 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, July 2016: AED 515,555 (AED 809 per sqft)Sold, April 2023: AED 600,000 (AED 941 per sqft)

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

Rents
Unit 212, 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 2019: AED 30,000 a yearNew contract, October 2021: AED 25,500 a yearRenewal, October 2022: AED 28,000 a yearRenewal, October 2023: AED 35,000 a yearRenewal, October 2024: AED 39,000 a yearRenewal, October 2025: AED 41,000 a yearRenewal, October 2026: AED 42,000 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 212 sits

All 48 1-beds →

212 last sold in April 2023 at AED 941 per sqft, 56% above what one-beds in MAG 535 were fetching at the time (AED 605). 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. 212's AED 42,000 is in the lower 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

212, MAG 535 in numbers

  • Sold twice: first on 25 July 2016 for AED 515,555, last on 18 April 2023 for AED 600,000 (AED 941 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 30,000 to AED 25,500 in 2021 and recovered to AED 42,000 by October 2026.
  • At AED 42,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 9,700 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 15 October 2026.

Questions about 212, MAG 535

What did unit 212 last sell for?

AED 600,000 on 18 April 2023: AED 941 per sqft for 637 sqft. The unit has 2 registered sales; the first was AED 515,555 in July 2016.

What is the rent for unit 212?

AED 42,000 a year on the contract renewed on 15 October 2026. The previous contract, from October 2025, was AED 41,000; the unit has been rented since September 2019.

How big is unit 212?

637 sqft (59.2 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 212 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 212, MAG 535

Starts from the last sale price (AED 600K, 18 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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