308, MAG 535
Sold prices and rental history: sold twice, last in September 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, MAG 535
What is 308 worth today?
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Source: Dubai Land Department. Updated 17 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 642 sqft
- Floor
- 3rd of 6
- Parking
- G-37
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,800 /yr
- Last sold
- AED 400K · September 2023
- Building
- MAG 535
About 308, MAG 535
308 is a one-bedroom apartment of 642 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 September 2023 for AED 400,000, or AED 623 per sqft, in line with the AED 609 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 17 August 2026, is AED 55,000 a year: a gross yield of 13.8% on the 2023 price, before the service charge of about AED 9,800 a year.
Sales and rents for 308 over time
308 has sold twice; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 48 1-beds →308 last sold in September 2023 at AED 623 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 609). 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. 308's AED 55,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 666 sqft | 690,000 | 1,036 | ||
| 17 Feb 202617 February 2026 | 667 sqft | 780,000 | 1,169 | ||
| 20 Jan 202620 January 2026 | 637 sqft | 700,000 | 1,098 | ||
| 24 Oct 202524 October 2025 | 666 sqft | 650,000 | 976 |
MAG 535
Building86 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%
Other units on the 3rd floor
All 86 units in MAG 535| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,040 sqft | AED 818KAED 818,000 · Apr 2016April 2016 | 75,000 /yr | |
| 302 | 1-bed | 666 sqft | AED 590KAED 590,000 · Sep 2024September 2024 | 57,000 /yr | |
| 303 | Studio | 476 sqft | AED 300KAED 300,000 · Jan 2022January 2022 | 42,000 /yr | |
| 304 | 1-bed | 642 sqft | AED 511KAED 510,555 · Dec 2016December 2016 | 53,000 /yr | |
| 305 | 2-bed | 1,005 sqft | No registered sale | 70,000 /yr | |
| 306 | 1-bed | 655 sqft | AED 650KAED 650,000 · Oct 2025October 2025 | 45,000 /yr | |
| 307 | Studio | 473 sqft | AED 399KAED 399,000 · May 2016May 2016 | ||
| 309 | 1-bed | 638 sqft | AED 600KAED 600,000 · Jan 2025January 2025 | 55,000 /yr | |
| 310 | 1-bed | 638 sqft | AED 498KAED 498,000 · May 2024May 2024 | 32,500 /yr | |
| 311 | 1-bed | 634 sqft | AED 531KAED 530,555 · Oct 2016October 2016 | ||
| 312 | 1-bed | 637 sqft | AED 560KAED 560,000 · Oct 2024October 2024 | 34,650 /yr | |
| 313 | 2-bed | 966 sqft | AED 799KAED 799,000 · Mar 2019March 2019 | 52,800 /yr | |
| 314 | 2-bed | 966 sqft | AED 743KAED 743,000 · Jan 2024January 2024 | 69,000 /yr |
308, MAG 535 in numbers
- Sold twice: first on 28 April 2016 for AED 523,950, last on 22 September 2023 for AED 400,000 (AED 623 per sqft).
- Rented since October 2019 on 8 Ejari contracts, from AED 25,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 13.8%, 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 17 August 2026.
Questions about 308, MAG 535
What did unit 308 last sell for?
AED 400,000 on 22 September 2023: AED 623 per sqft for 642 sqft. The unit has 2 registered sales; the first was AED 523,950 in April 2016.
What is the rent for unit 308?
AED 55,000 a year on the contract renewed on 17 August 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since October 2019.
How big is unit 308?
642 sqft (59.6 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 308 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 308, MAG 535
Starts from the last sale price (AED 400K, 22 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →