1-bed · 638 sqftMAG 535, Dubai South · 3rd floor · completed 2020

309, MAG 535

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 600K16 January 2025
Current rentAED 55K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, MAG 535

What is 309 worth today?

Last sold for AED 600,000 in 2025

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10 Oct 2026RentedRenewal
AED 55,000/yr12 months · AED 87 per sqft
10 Oct 2025RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
16 Jan 2025SoldReady
AED 600,000AED 940 per sqft
6 Sep 2024RentedRenewal
AED 40,000/yr12 months · AED 63 per sqft
6 Sep 2023RentedNew contract
AED 38,000/yr12 months · AED 60 per sqft
6 Sep 2022RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft
6 Aug 2021RentedRenewal
AED 30,000/yr13 months · AED 47 per sqft
6 Aug 2020RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
3rd of 6
Parking
G-38
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 600K · January 2025
Building
MAG 535

About 309, MAG 535

309 is a one-bedroom apartment of 638 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 16 January 2025 for AED 600,000, or AED 940 per sqft, 16% above the AED 810 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 10 October 2026, is AED 55,000 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 9,700 a year.

Sales and rents for 309 over time

Sales
Unit 309, 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, May 2016: AED 523,950 (AED 821 per sqft)Sold, January 2025: AED 600,000 (AED 940 per sqft)

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

Rents
Unit 309, each contractTypical one-bed in MAG 535
20K40K60K201920222025Typical 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, August 2019: AED 30,000 a yearRenewal, August 2020: AED 30,000 a yearRenewal, August 2021: AED 30,000 a yearRenewal, September 2022: AED 30,000 a yearNew contract, September 2023: AED 38,000 a yearRenewal, September 2024: AED 40,000 a yearNew contract, October 2025: AED 55,000 a yearRenewal, October 2026: AED 55,000 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 309 sits

All 48 1-beds →

309 last sold in January 2025 at AED 940 per sqft, 16% above what one-beds in MAG 535 were fetching at the time (AED 810). 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. 309's AED 55,000 is in the upper 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 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
307StudioAED 399K · May 2016
1–7 of 13

309, MAG 535 in numbers

  • Sold twice: first on 1 May 2016 for AED 523,950, last on 16 January 2025 for AED 600,000 (AED 940 per sqft).
  • Rented since August 2019 on 8 Ejari contracts, from AED 30,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2025 price is 9.2%, 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 10 October 2026.

Questions about 309, MAG 535

What did unit 309 last sell for?

AED 600,000 on 16 January 2025: AED 940 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 523,950 in May 2016.

What is the rent for unit 309?

AED 55,000 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 55,000; the unit has been rented since August 2019.

How big is unit 309?

638 sqft (59.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 309 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 309, MAG 535

Starts from the last sale price (AED 600K, 16 January 2025). 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 →