2-bed · 966 sqftMAG 535, Dubai South · 2nd floor · completed 2020

214, 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 214 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 799K28 April 2016
Current rentAED 70K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, MAG 535

What is 214 worth today?

Last sold for AED 799,000 in 2016

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12 Sep 2026RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
17 Feb 2026RentedRenewal
AED 68,000/yr13 months · AED 70 per sqft
17 Feb 2025RentedRenewal
AED 68,000/yr12 months · AED 70 per sqft
17 Feb 2025RentedRenewal
AED 68,000/yr12 months · AED 70 per sqft
17 Feb 2024RentedNew contract
AED 68,000/yr12 months · AED 70 per sqft
15 Feb 2023RentedRenewal
AED 45,000/yr12 months · AED 47 per sqft
15 Feb 2022RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
17 Oct 2020RentedRenewal
AED 45,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
2nd of 6
Parking
G-28
Developer
MAG
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 799K · April 2016
Building
MAG 535

About 214, MAG 535

214 is a two-bedroom apartment of 966 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 28 April 2016 for AED 799,000, or AED 827 per sqft, in line with the AED 827 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 12 September 2026, is AED 70,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 14,700 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, April 2016: AED 799,000 (AED 827 per sqft)

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

Rents
Unit 214, each contractTypical two-bed in MAG 535
40K60K201920222025Typical 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 65,750New contract, October 2019: AED 45,000 a yearRenewal, October 2020: AED 45,000 a yearNew contract, February 2022: AED 40,000 a yearRenewal, February 2023: AED 45,000 a yearNew contract, February 2024: AED 68,000 a yearRenewal, February 2025: AED 68,000 a yearRenewal, February 2025: AED 68,000 a yearRenewal, February 2026: AED 68,000 a yearNew contract, September 2026: AED 70,000 a year

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 214 sits

All 24 2-beds →

214 last sold in April 2016 at AED 827 per sqft, in line with what two-beds in MAG 535 were fetching at the time (AED 827). 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. 214's AED 70,000 is in the upper half of that range.

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
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

214, MAG 535 in numbers

  • Sold once: by MAG on 28 April 2016 for AED 799,000, or AED 827 per sqft.
  • Rented since October 2019 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 40,000 in 2022 and recovered to AED 70,000 by September 2026.
  • At AED 70,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 14,700 a year (AED 15.24 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 12 September 2026.

Questions about 214, MAG 535

What did unit 214 last sell for?

AED 799,000 on 28 April 2016, sold by the developer: AED 827 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 214?

AED 70,000 a year on the contract signed on 12 September 2026. The previous contract, from February 2026, was AED 68,000; the unit has been rented since October 2019.

How big is unit 214?

966 sqft (89.7 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 214 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 214, MAG 535

Starts from the last sale price (AED 799K, 28 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 799,000
Deposit, UAE resident (20%)
AED 159,800
Deposit, non-resident (40%)
AED 319,600
Monthly over 25 years at 3.7%
AED 3,269

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