312, MAG 535
Sold prices and rental history: sold twice, last in October 2024, 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 312, MAG 535
What is 312 worth today?
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Source: Dubai Land Department. Updated 4 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 637 sqft
- Floor
- 3rd of 6
- Parking
- G-41
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,700 /yr
- Last sold
- AED 560K · October 2024
- Building
- MAG 535
About 312, MAG 535
312 is a one-bedroom apartment of 637 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 October 2024 for AED 560,000, or AED 878 per sqft, 8% above the AED 810 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 4 October 2024, is AED 34,650 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 9,700 a year.
Sales and rents for 312 over time
312 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 312 sits
All 48 1-beds →312 last sold in October 2024 at AED 878 per sqft, 8% 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. 312's AED 34,650 is in the lower 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 | ||
| 308 | 1-bed | 642 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 55,000 /yr | |
| 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 | ||
| 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 |
312, MAG 535 in numbers
- Sold twice: first on 1 May 2016 for AED 523,950, last on 1 October 2024 for AED 560,000 (AED 878 per sqft).
- Rented since December 2019 on 5 Ejari contracts, from AED 28,000 to AED 34,650 a year.
- At AED 34,650 a year the gross yield on the 2024 price is 6.2%, 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 4 October 2024.
Questions about 312, MAG 535
What did unit 312 last sell for?
AED 560,000 on 1 October 2024: AED 878 per sqft for 637 sqft. The unit has 2 registered sales; the first was AED 523,950 in May 2016.
What is the rent for unit 312?
AED 34,650 a year on the contract renewed on 4 October 2024. The previous contract, from October 2023, was AED 31,500; the unit has been rented since December 2019.
How big is unit 312?
637 sqft (59.2 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 312 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 312, MAG 535
Starts from the last sale price (AED 560K, 1 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →