409, MAG 535
Sold prices and rental history: sold twice, last in August 2022, 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 409, MAG 535
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 4th of 6
- Parking
- G-52
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,700 /yr
- Last sold
- AED 386K · August 2022
- Building
- MAG 535
About 409, MAG 535
409 is a one-bedroom apartment of 638 sqft on the 4th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 25 August 2022 for AED 386,000, or AED 605 per sqft, in line with the AED 610 one-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 1 January 2026, is AED 58,000 a year: a gross yield of 15.0% on the 2022 price, before the service charge of about AED 9,700 a year.
Sales and rents for 409 over time
409 has sold twice; 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 409 sits
All 48 1-beds →409 last sold in August 2022 at AED 605 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 610). 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. 409's AED 58,000 is in the upper 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 | |
| 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 | |
| 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 |
409, MAG 535 in numbers
- Sold twice: first on 8 May 2016 for AED 549,000, last on 25 August 2022 for AED 386,000 (AED 605 per sqft).
- Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 32,000 to AED 25,000 in 2021 and recovered to AED 58,000 by January 2026.
- At AED 58,000 a year the gross yield on the 2022 price is 15.0%, before a service charge of about AED 9,700 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 1 January 2026.
Questions about 409, MAG 535
What did unit 409 last sell for?
AED 386,000 on 25 August 2022: AED 605 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 549,000 in May 2016.
What is the rent for unit 409?
AED 58,000 a year on the contract signed on 1 January 2026. The previous contract, from October 2024, was AED 39,000; the unit has been rented since December 2019.
How big is unit 409?
638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 409 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 409, MAG 535
Starts from the last sale price (AED 386K, 25 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 386,000
- Deposit, UAE resident (20%)
- AED 77,200
- Deposit, non-resident (40%)
- AED 154,400
- Monthly over 25 years at 3.7%
- AED 1,579
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →