1-bed · 637 sqftMAG 535, Dubai South · 4th floor · completed 2020

412, MAG 535

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 700K20 January 2026
Current rentAED 60K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, MAG 535

What is 412 worth today?

Last sold for AED 700,000 in 2026

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20 Jan 2026SoldReady
AED 700,000AED 1,098 per sqft
1 Mar 2025RentedNew contract
AED 60,000/yr24 months · AED 94 per sqft
1 Mar 2025RentedNew contract
AED 60,000/yr24 months · AED 94 per sqft
16 Dec 2021RentedRenewal · flagged as an outlier
AED 2,500/yr24 months · AED 4 per sqft
16 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
8 May 2016Sold by developerOff-plan
AED 549,000AED 861 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

Key facts

Type
1-bed apartment
Size
637 sqft
Floor
4th of 6
Parking
G-55
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 700K · January 2026
Building
MAG 535

About 412, MAG 535

412 is a one-bedroom apartment of 637 sqft on the 4th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 January 2026 for AED 700,000, or AED 1,098 per sqft, 4% above the AED 1,059 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 March 2025, is AED 60,000 a year: a gross yield of 8.6% on the 2026 price, before the service charge of about AED 9,700 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, May 2016: AED 549,000 (AED 861 per sqft)Sold, January 2026: AED 700,000 (AED 1,098 per sqft)

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

Rents
Unit 412, each contractTypical one-bed in MAG 535
20K40K60K20192021202320252027Typical 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, December 2020: AED 30,000 a yearNew contract, March 2025: AED 60,000 a yearNew contract, March 2025: AED 60,000 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 412 sits

All 48 1-beds →

412 last sold in January 2026 at AED 1,098 per sqft, 4% above what one-beds in MAG 535 were fetching at the time (AED 1,059). 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. 412's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 2026690,000
17 Feb 2026780,000
24 Oct 2025650,000
24 Sep 2025750,000
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
4041-bedAED 570K · Apr 2018
4052-bedAED 791K · Jul 2016
4061-bedAED 549K · May 2016
407StudioAED 394K · Jun 2016
1–7 of 13

412, MAG 535 in numbers

  • Sold twice: first on 8 May 2016 for AED 549,000, last on 20 January 2026 for AED 700,000 (AED 1,098 per sqft).
  • Rented since December 2020 on 4 Ejari contracts. The rent fell from AED 30,000 to AED 2,500 in 2021 and recovered to AED 60,000 by March 2025.
  • At AED 60,000 a year the gross yield on the 2026 price is 8.6%, 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 20 January 2026.

Questions about 412, MAG 535

What did unit 412 last sell for?

AED 700,000 on 20 January 2026: AED 1,098 per sqft for 637 sqft. The unit has 2 registered sales; the first was AED 549,000 in May 2016.

What is the rent for unit 412?

AED 60,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 60,000; the unit has been rented since December 2020.

How big is unit 412?

637 sqft (59.2 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 412 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 412, MAG 535

Starts from the last sale price (AED 700K, 20 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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