405, MAG 535
Sold prices and rental history: sold once, by the developer in July 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 405, MAG 535
What is 405 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 993 sqft
- Floor
- 4th of 6
- Parking
- G-48
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 15,100 /yr
- Last sold
- AED 791K · July 2016
- Building
- MAG 535
About 405, MAG 535
405 is a two-bedroom apartment of 993 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 19 July 2016 for AED 790,555, or AED 795 per sqft, in line with the AED 809 two-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 1 September 2026, is AED 54,790 a year: a gross yield of 6.9% on the 2016 price, before the service charge of about AED 15,100 a year.
Sales and rents for 405 over time
405 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 405 sits
All 24 2-beds →405 last sold in July 2016 at AED 795 per sqft, in line with what two-beds in MAG 535 were fetching at the time (AED 809). 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. 405's AED 54,790 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,040 sqft | AED 840KAED 840,000 · Apr 2016April 2016 | 65,000 /yr | |
| 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 | |
| 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 |
405, MAG 535 in numbers
- Sold once: by MAG on 19 July 2016 for AED 790,555, or AED 795 per sqft.
- Rented since September 2019 on 8 Ejari contracts, from AED 40,000 to AED 54,790 a year.
- At AED 54,790 a year the gross yield on the 2016 price is 6.9%, before a service charge of about AED 15,100 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 1 September 2026.
Questions about 405, MAG 535
What did unit 405 last sell for?
AED 790,555 on 19 July 2016, sold by the developer: AED 795 per sqft for 993 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 54,790 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 49,809; the unit has been rented since September 2019.
How big is unit 405?
993 sqft (92.3 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 405 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 405, MAG 535
Starts from the last sale price (AED 791K, 19 July 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 790,555
- Deposit, UAE resident (20%)
- AED 158,111
- Deposit, non-resident (40%)
- AED 316,222
- Monthly over 25 years at 3.7%
- AED 3,234
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →