Studio · 476 sqftMAG 535, Dubai South · 4th floor · completed 2020

403, MAG 535

Sold prices and rental history: no registered sale, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 15 October 2019
Current rentAED 50K /yr15 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, MAG 535

What is 403 worth today?

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15 Oct 2019RentedNew contract
AED 50,000/yr60 months · AED 106 per sqft

Source: Dubai Land Department. Updated 15 October 2019.

Key facts

Type
Studio apartment
Size
476 sqft
Floor
4th of 6
Parking
G-46
Developer
MAG
Completed
2020
Service charge
AED 7,300 /yr
Last sold
No registered sale
Building
MAG 535

About 403, MAG 535

403 is a studio of 476 sqft on the 4th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. No sale of the unit is registered with the Dubai Land Department.

One Ejari contract is registered, from 15 October 2019. The current contract, signed on 15 October 2019, is AED 50,000 a year, before the service charge of about AED 7,300 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical studio in MAG 535
396K396K2016201720182019Typical sale price by year: 2016 AED 396,278; 2018 AED 395,555

No registered sale of 403; the dashed line is the studio median of each year in the building.

Rents
Unit 403, each contractTypical studio in MAG 535
20K40K20192021202320252027Typical rent by year: 2019 AED 26,500; 2020 AED 20,500; 2021 AED 18,000; 2022 AED 22,000; 2023 AED 23,000; 2024 AED 39,000; 2025 AED 39,500; 2026 AED 42,000New contract, October 2019: AED 50,000 a year

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

Studios in MAG 535, and where 403 sits

All 12 studios →

403's AED 50,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Dec 2024540,000
20 Dec 2023330,000
26 Jul 2023275,000
19 Jan 2022300,000
0 studio 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 4th floor

All 86 units in MAG 535
Value
4012-bedAED 840K · Apr 2016
4021-bedAED 549K · May 2016
4041-bedAED 570K · Apr 2018
4052-bedAED 791K · Jul 2016
4061-bedAED 549K · May 2016
407StudioAED 394K · Jun 2016
4081-bedAED 480K · Feb 2022
1–7 of 13

403, MAG 535 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since October 2019 on one Ejari contract, at AED 50,000 a year.

Source: Dubai Land Department. Updated 15 October 2019.

Questions about 403, MAG 535

What is the rent for unit 403?

AED 50,000 a year on the contract signed on 15 October 2019.

How big is unit 403?

476 sqft (44.2 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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