2-bed · 966 sqftMAG 535, Dubai South · 3rd floor · completed 2020

314, MAG 535

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

Unit 314 · DLD and Ejari recordsUpdated 23 February 2025
Last soldAED 743K30 January 2024
Current rentAED 69K /yr23 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314, MAG 535

What is 314 worth today?

Last sold for AED 743,000 in 2024

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23 Feb 2025RentedNew contract
AED 69,000/yr12 months · AED 71 per sqft
23 Feb 2025RentedNew contract
AED 69,000/yr12 months · AED 71 per sqft
30 Jan 2024SoldReady
AED 743,000AED 769 per sqft
1 Jan 2020RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
27 Apr 2016Sold by developerOff-plan
AED 838,950AED 868 per sqft

Source: Dubai Land Department. Updated 23 February 2025.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
3rd of 6
Parking
G-43
Developer
MAG
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 743K · January 2024
Building
MAG 535

About 314, MAG 535

314 is a two-bedroom apartment of 966 sqft on the 3rd floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 30 January 2024 for AED 743,000, or AED 769 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 23 February 2025, is AED 69,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 314 over time

Sales
Unit 314, each saleTypical two-bed in MAG 535
800K1M2016201920222025Typical sale price by year: 2016 AED 799,000; 2018 AED 765,524; 2019 AED 799,000; 2025 AED 1,000,000Sold by developer, April 2016: AED 838,950 (AED 868 per sqft)Sold, January 2024: AED 743,000 (AED 769 per sqft)

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

Rents
Unit 314, each contractTypical two-bed in MAG 535
40K60K20192021202320252027Typical rent by year: 2019 AED 43,000; 2020 AED 39,500; 2021 AED 37,513; 2022 AED 39,900; 2023 AED 47,730; 2024 AED 55,650; 2025 AED 65,000; 2026 AED 65,750New contract, January 2020: AED 40,000 a yearNew contract, February 2025: AED 69,000 a yearNew contract, February 2025: AED 69,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 535, and where 314 sits

All 24 2-beds →

Over the last 12 months two-beds sold for AED 1,025,000 to 1,060,000, around AED 1,020 per sqft, and rent for AED 54,790 to 75,000 a year. 314's AED 69,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,025,000
12 Feb 20261,060,000
28 Nov 20251,025,000
2 Oct 20251,000,000
3 2-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

314, MAG 535 in numbers

  • Sold twice: first on 27 April 2016 for AED 838,950, last on 30 January 2024 for AED 743,000 (AED 769 per sqft).
  • Rented since January 2020 on 3 Ejari contracts, from AED 40,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 14,700 a year (AED 15.24 per sqft).
  • Two-beds in MAG 535 sold for AED 1,025,000–1,060,000 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 23 February 2025.

Questions about 314, MAG 535

What did unit 314 last sell for?

AED 743,000 on 30 January 2024: AED 769 per sqft for 966 sqft. The unit has 2 registered sales; the first was AED 838,950 in April 2016.

What is the rent for unit 314?

AED 69,000 a year on the contract signed on 23 February 2025. The previous contract, from February 2025, was AED 69,000; the unit has been rented since January 2020.

How big is unit 314?

966 sqft (89.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 314 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 535 sold for AED 1,025,000 to 1,060,000 in the last 12 months, around AED 1,020 per sqft.

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Mortgage on 314, MAG 535

Starts from the last sale price (AED 743K, 30 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 743,000
Deposit, UAE resident (20%)
AED 148,600
Deposit, non-resident (40%)
AED 297,200
Monthly over 25 years at 3.7%
AED 3,040

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