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

310, MAG 535

Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 498K14 May 2024
Current rentAED 33K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, MAG 535

What is 310 worth today?

Last sold for AED 498,000 in 2024

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14 May 2024SoldReady
AED 498,000AED 780 per sqft
1 Jun 2023RentedRenewal
AED 32,500/yr12 months · AED 51 per sqft
16 Mar 2023SoldReady
AED 379,248AED 594 per sqft
1 Jun 2022RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
17 Jan 2020RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
28 Apr 2016Sold by developerOff-plan
AED 523,950AED 821 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
3rd of 6
Parking
G-39
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 498K · May 2024
Building
MAG 535

About 310, MAG 535

310 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 14 May 2024 for AED 498,000, or AED 780 per sqft, in line with the AED 795 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 32,500 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 9,700 a year.

Sales and rents for 310 over time

Sales
Unit 310, 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, April 2016: AED 523,950 (AED 821 per sqft)Sold, March 2023: AED 379,248 (AED 594 per sqft)Sold, May 2024: AED 498,000 (AED 780 per sqft)

310 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 310, each contractTypical one-bed in MAG 535
20K40K20192021202320252027Typical 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, January 2020: AED 26,000 a yearNew contract, June 2022: AED 26,000 a yearRenewal, June 2023: AED 32,500 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 310 sits

All 48 1-beds →

310 last sold in May 2024 at AED 780 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 795). 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. 310's AED 32,500 is at the bottom 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

310, MAG 535 in numbers

  • Sold 3 times: first on 28 April 2016 for AED 523,950, last on 14 May 2024 for AED 498,000 (AED 780 per sqft).
  • Rented since January 2020 on 3 Ejari contracts, from AED 26,000 to AED 32,500 a year.
  • At AED 32,500 a year the gross yield on the 2024 price is 6.5%, 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 14 May 2024.

Questions about 310, MAG 535

What did unit 310 last sell for?

AED 498,000 on 14 May 2024: AED 780 per sqft for 638 sqft. The unit has 3 registered sales; the first was AED 523,950 in April 2016.

What is the rent for unit 310?

AED 32,500 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 26,000; the unit has been rented since January 2020.

How big is unit 310?

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

What is unit 310 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 310, MAG 535

Starts from the last sale price (AED 498K, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 498,000
Deposit, UAE resident (20%)
AED 99,600
Deposit, non-resident (40%)
AED 199,200
Monthly over 25 years at 3.7%
AED 2,037

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