1-bed · 642 sqftMAG 535, Dubai South · 4th floor · completed 2020

404, MAG 535

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 26 September 2026
Last soldAED 570K15 April 2018
Current rentAED 52K /yr26 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, MAG 535

What is 404 worth today?

Last sold for AED 570,000 in 2018

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26 Sep 2026RentedRenewal
AED 52,000/yr12 months · AED 81 per sqft
16 Sep 2025RentedNew contract
AED 52,000/yr12 months · AED 81 per sqft
16 Sep 2024RentedNew contract
AED 52,000/yr12 months · AED 81 per sqft
1 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft
1 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
1 Sep 2021RentedRenewal
AED 25,000/yr12 months · AED 39 per sqft
1 Sep 2020RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft
10 Sep 2019RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 26 September 2026.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
4th of 6
Parking
G-47
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 570K · April 2018
Building
MAG 535

About 404, MAG 535

404 is a one-bedroom apartment of 642 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 15 April 2018 for AED 570,000, or AED 887 per sqft, 5% above the AED 846 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 26 September 2026, is AED 52,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 9,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 2018: AED 570,000 (AED 887 per sqft)

404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in MAG 535
20K40K201920222025Typical 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, September 2019: AED 25,000 a yearNew contract, September 2020: AED 25,000 a yearRenewal, September 2021: AED 25,000 a yearNew contract, September 2022: AED 30,000 a yearRenewal, September 2023: AED 30,000 a yearNew contract, September 2024: AED 52,000 a yearNew contract, September 2025: AED 52,000 a yearRenewal, September 2026: AED 52,000 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 404 sits

All 48 1-beds →

404 last sold in April 2018 at AED 887 per sqft, 5% above what one-beds in MAG 535 were fetching at the time (AED 846). 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. 404's AED 52,000 is in the upper half 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 4th floor

All 86 units in MAG 535
Value
4012-bedAED 840K · Apr 2016
4021-bedAED 549K · May 2016
403StudioNo registered sale
4052-bedAED 791K · Jul 2016
4061-bedAED 549K · May 2016
407StudioAED 394K · Jun 2016
4081-bedAED 480K · Feb 2022
1–7 of 13

404, MAG 535 in numbers

  • Sold once: by MAG on 15 April 2018 for AED 570,000, or AED 887 per sqft.
  • Rented since September 2019 on 8 Ejari contracts, from AED 25,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2018 price is 9.1%, before a service charge of about AED 9,800 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 26 September 2026.

Questions about 404, MAG 535

What did unit 404 last sell for?

AED 570,000 on 15 April 2018, sold by the developer: AED 887 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 52,000 a year on the contract renewed on 26 September 2026. The previous contract, from September 2025, was AED 52,000; the unit has been rented since September 2019.

How big is unit 404?

642 sqft (59.6 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 404 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 404, MAG 535

Starts from the last sale price (AED 570K, 15 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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