Studio · 473 sqftMAG 535, Dubai South · 3rd floor · completed 2020

307, MAG 535

Sold prices and rental history: sold once, by the developer in May 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 29 May 2016
Last soldAED 399K29 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, MAG 535

What is 307 worth today?

Last sold for AED 399,000 in 2016

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29 May 2016Sold by developerOff-plan
AED 399,000AED 842 per sqft

Source: Dubai Land Department. Updated 29 May 2016.

Key facts

Type
Studio apartment
Size
473 sqft
Floor
3rd of 6
Parking
G-36
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 399K · May 2016
Building
MAG 535

About 307, MAG 535

307 is a studio of 473 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 29 May 2016 for AED 399,000, or AED 842 per sqft, in line with the AED 822 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical studio in MAG 535
396K398K2016201720182019Typical sale price by year: 2016 AED 396,278; 2018 AED 395,555Sold by developer, May 2016: AED 399,000 (AED 842 per sqft)

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

Rents
Unit 307, 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 42,000

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 307 sits

All 12 studios →

307 last sold in May 2016 at AED 842 per sqft, in line with what studios in MAG 535 were fetching at the time (AED 822).

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 3rd floor

All 86 units in MAG 535
Value
3012-bedAED 818K · Apr 2016
3021-bedAED 590K · Sep 2024
303StudioAED 300K · Jan 2022
3041-bedAED 511K · Dec 2016
3052-bedNo registered sale
3061-bedAED 650K · Oct 2025
3081-bedAED 400K · Sep 2023
1–7 of 13

307, MAG 535 in numbers

  • Sold once: by MAG on 29 May 2016 for AED 399,000, or AED 842 per sqft.

Source: Dubai Land Department. Updated 29 May 2016.

Questions about 307, MAG 535

What did unit 307 last sell for?

AED 399,000 on 29 May 2016, sold by the developer: AED 842 per sqft for 473 sqft. It is the only registered sale of the unit.

How big is unit 307?

473 sqft (43.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 307 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 307, MAG 535

Starts from the last sale price (AED 399K, 29 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 399,000
Deposit, UAE resident (20%)
AED 79,800
Deposit, non-resident (40%)
AED 159,600
Monthly over 25 years at 3.7%
AED 1,632

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