401, MAG 535
Sold prices and rental history: sold once, by the developer in April 2016, 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 401, MAG 535
What is 401 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,040 sqft
- Floor
- 4th of 6
- Parking
- G-44
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 15,800 /yr
- Last sold
- AED 840K · April 2016
- Building
- MAG 535
About 401, MAG 535
401 is a two-bedroom apartment of 1,040 sqft on the 4th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 27 April 2016 for AED 840,000, or AED 808 per sqft, 7% below the AED 868 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 5 December 2025, is AED 65,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 15,800 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
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 401 sits
All 24 2-beds →401 last sold in April 2016 at AED 808 per sqft, 7% below what two-beds in MAG 535 were fetching at the time (AED 868). 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. 401's AED 65,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,005 sqft | 1,025,000 | 1,020 | ||
| 12 Feb 202612 February 2026 | 1,008 sqft | 1,060,000 | 1,052 | ||
| 28 Nov 202528 November 2025 | 1,005 sqft | 1,025,000 | 1,020 | ||
| 2 Oct 20252 October 2025 | 966 sqft | 1,000,000 | 1,035 |
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 4th floor
All 86 units in MAG 535| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 655 sqft | AED 549KAED 549,000 · May 2016May 2016 | 38,500 /yr | |
| 403 | Studio | 476 sqft | No registered sale | 50,000 /yr | |
| 404 | 1-bed | 642 sqft | AED 570KAED 570,000 · Apr 2018April 2018 | 52,000 /yr | |
| 405 | 2-bed | 993 sqft | AED 791KAED 790,555 · Jul 2016July 2016 | 54,790 /yr | |
| 406 | 1-bed | 655 sqft | AED 549KAED 549,000 · May 2016May 2016 | 38,400 /yr | |
| 407 | Studio | 473 sqft | AED 394KAED 393,555 · Jun 2016June 2016 | 22,000 /yr | |
| 408 | 1-bed | 642 sqft | AED 480KAED 480,000 · Feb 2022February 2022 | 48,000 /yr | |
| 409 | 1-bed | 638 sqft | AED 386KAED 386,000 · Aug 2022August 2022 | 58,000 /yr | |
| 410 | 1-bed | 638 sqft | AED 549KAED 549,000 · May 2016May 2016 | 37,000 /yr | |
| 411 | 1-bed | 634 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | 47,000 /yr | |
| 412 | 1-bed | 637 sqft | AED 700KAED 700,000 · Jan 2026January 2026 | 60,000 /yr | |
| 413 | 2-bed | 966 sqft | AED 781KAED 780,555 · Jan 2019January 2019 | 75,000 /yr | |
| 414 | 2-bed | 966 sqft | AED 781KAED 780,555 · Oct 2017October 2017 | 60,500 /yr |
401, MAG 535 in numbers
- Sold once: by MAG on 27 April 2016 for AED 840,000, or AED 808 per sqft.
- Rented since February 2019 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 38,000 in 2021 and recovered to AED 65,000 by December 2025.
- At AED 65,000 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 15,800 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 5 December 2025.
Questions about 401, MAG 535
What did unit 401 last sell for?
AED 840,000 on 27 April 2016, sold by the developer: AED 808 per sqft for 1,040 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 65,000 a year on the contract signed on 5 December 2025. The previous contract, from December 2023, was AED 55,000; the unit has been rented since February 2019.
How big is unit 401?
1,040 sqft (96.6 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 401 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.
Selling 401? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 401, MAG 535
Starts from the last sale price (AED 840K, 27 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →