406, MAG 535
Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, MAG 535
What is 406 worth today?
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Source: Dubai Land Department. Updated 3 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 655 sqft
- Floor
- 4th of 6
- Parking
- G-49
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 549K · May 2016
- Building
- MAG 535
About 406, MAG 535
406 is a one-bedroom apartment of 655 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 8 May 2016 for AED 549,000, or AED 838 per sqft, in line with the AED 823 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 3 February 2025, is AED 38,400 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 10,000 a year.
Sales and rents for 406 over time
406 has sold once; the dashed line is the one-bed median of each year in the building.
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 406 sits
All 48 1-beds →406 last sold in May 2016 at AED 838 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 823). 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. 406's AED 38,400 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 666 sqft | 690,000 | 1,036 | ||
| 17 Feb 202617 February 2026 | 667 sqft | 780,000 | 1,169 | ||
| 20 Jan 202620 January 2026 | 637 sqft | 700,000 | 1,098 | ||
| 24 Oct 202524 October 2025 | 666 sqft | 650,000 | 976 |
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 | |
| 405 | 2-bed | 993 sqft | AED 791KAED 790,555 · Jul 2016July 2016 | 54,790 /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 |
406, MAG 535 in numbers
- Sold once: by MAG on 8 May 2016 for AED 549,000, or AED 838 per sqft.
- Rented since January 2020 on 8 Ejari contracts, from AED 30,000 to AED 38,400 a year.
- At AED 38,400 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 10,000 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 3 February 2025.
Questions about 406, MAG 535
What did unit 406 last sell for?
AED 549,000 on 8 May 2016, sold by the developer: AED 838 per sqft for 655 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 38,400 a year on the contract renewed on 3 February 2025. The previous contract, from February 2025, was AED 38,400; the unit has been rented since January 2020.
How big is unit 406?
655 sqft (60.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 406 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 406, MAG 535
Starts from the last sale price (AED 549K, 8 May 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 549,000
- Deposit, UAE resident (20%)
- AED 109,800
- Deposit, non-resident (40%)
- AED 219,600
- Monthly over 25 years at 3.7%
- AED 2,246
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →