Studio · 476 sqftMAG 535, Dubai South · 3rd floor · completed 2020

303, MAG 535

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

Unit 303 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 300K19 January 2022
Current rentAED 42K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, MAG 535

What is 303 worth today?

Last sold for AED 300,000 in 2022

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1 Jul 2026RentedNew contract
AED 42,000/yr12 months · AED 89 per sqft
20 Mar 2025RentedNew contract
AED 42,000/yr12 months · AED 88 per sqft
20 Mar 2025RentedNew contract
AED 42,000/yr12 months · AED 88 per sqft
15 Jun 2024RentedNew contract
AED 39,000/yr12 months · AED 82 per sqft
5 Jun 2023RentedNew contract
AED 29,000/yr12 months · AED 61 per sqft
1 Mar 2023RentedRenewal
AED 23,000/yr12 months · AED 49 per sqft
1 Mar 2022RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
19 Jan 2022SoldReady
AED 300,000AED 629 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
3rd of 6
Parking
G-31
Developer
MAG
Completed
2020
Service charge
AED 7,300 /yr
Last sold
AED 300K · January 2022
Building
MAG 535

About 303, MAG 535

303 is a studio of 476 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 19 January 2022 for AED 300,000, or AED 629 per sqft.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 42,000 a year: a gross yield of 14.0% on the 2022 price, before the service charge of about AED 7,300 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical studio in MAG 535
300K350K400K2016201820202022Typical sale price by year: 2016 AED 396,278; 2018 AED 395,555Sold by developer, June 2018: AED 399,000 (AED 837 per sqft)Sold, January 2022: AED 300,000 (AED 629 per sqft)

303 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 303, each contractTypical studio in MAG 535
20K40K201920222025Typical 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, March 2022: AED 22,000 a yearRenewal, March 2023: AED 23,000 a yearNew contract, June 2023: AED 29,000 a yearNew contract, June 2024: AED 39,000 a yearNew contract, March 2025: AED 42,000 a yearNew contract, March 2025: AED 42,000 a yearNew contract, July 2026: AED 42,000 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 303 sits

All 12 studios →

303's AED 42,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Dec 2024540,000
20 Dec 2023330,000
26 Jul 2023275,000
8 Oct 2018395,555
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 3rd floor

All 86 units in MAG 535
Value
3012-bedAED 818K · Apr 2016
3021-bedAED 590K · Sep 2024
3041-bedAED 511K · Dec 2016
3052-bedNo registered sale
3061-bedAED 650K · Oct 2025
307StudioAED 399K · May 2016
3081-bedAED 400K · Sep 2023
1–7 of 13

303, MAG 535 in numbers

  • Sold twice: first on 21 June 2018 for AED 399,000, last on 19 January 2022 for AED 300,000 (AED 629 per sqft).
  • Rented since March 2022 on 7 Ejari contracts, from AED 22,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2022 price is 14.0%, before a service charge of about AED 7,300 a year (AED 15.24 per sqft).

Source: Dubai Land Department. Updated 1 July 2026.

Questions about 303, MAG 535

What did unit 303 last sell for?

AED 300,000 on 19 January 2022: AED 629 per sqft for 476 sqft. The unit has 2 registered sales; the first was AED 399,000 in June 2018.

What is the rent for unit 303?

AED 42,000 a year on the contract signed on 1 July 2026. The previous contract, from March 2025, was AED 42,000; the unit has been rented since March 2022.

How big is unit 303?

476 sqft (44.2 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 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 303, MAG 535

Starts from the last sale price (AED 300K, 19 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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