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2-bed · 966 sqftMAG 535, Dubai South · 4th floor · completed 2020

414, MAG 535

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 781K15 October 2017
Current rentAED 61K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 414, MAG 535

What is 414 worth today?

Last sold for AED 780,555 in 2017

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1 Jun 2026RentedRenewal
AED 60,500/yr12 months · AED 63 per sqft
1 Jun 2025RentedNew contract
AED 60,500/yr12 months · AED 63 per sqft
1 Jun 2023RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
15 May 2022RentedRenewal
AED 37,400/yr12 months · AED 39 per sqft
15 May 2021RentedNew contract
AED 34,000/yr12 months · AED 35 per sqft
19 May 2019RentedNew contract
AED 40,000/yr12 months · AED 41 per sqft
15 Oct 2017Sold by developerOff-plan
AED 780,555AED 808 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
4th of 6
Parking
G-57
Developer
MAG
Completed
2020
Service charge
AED 14,700 /yr
Last sold
AED 781K · October 2017
Building
MAG 535

About 414, MAG 535

414 is a two-bedroom apartment of 966 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 October 2017 for AED 780,555, or AED 808 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 60,500 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 14,700 a year.

Sales and rents for 414 over time

Sales
Unit 414, each saleTypical two-bed in MAG 535
800K1M2016201920222025Typical sale price by year: 2016 AED 799,000; 2018 AED 765,524; 2019 AED 799,000; 2025 AED 1,000,000Sold by developer, October 2017: AED 780,555 (AED 808 per sqft)

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

Rents
Unit 414, each contractTypical two-bed in MAG 535
40K60K20192021202320252027Typical rent by year: 2019 AED 43,000; 2020 AED 39,500; 2021 AED 37,513; 2022 AED 39,900; 2023 AED 47,730; 2024 AED 55,650; 2025 AED 65,000; 2026 AED 65,750New contract, May 2019: AED 40,000 a yearNew contract, May 2021: AED 34,000 a yearRenewal, May 2022: AED 37,400 a yearNew contract, June 2023: AED 50,000 a yearNew contract, June 2025: AED 60,500 a yearRenewal, June 2026: AED 60,500 a year

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 414 sits

All 24 2-beds →

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. 414's AED 60,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,025,000
12 Feb 20261,060,000
28 Nov 20251,025,000
2 Oct 20251,000,000
3 2-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

414, MAG 535 in numbers

  • Sold once: by MAG on 15 October 2017 for AED 780,555, or AED 808 per sqft.
  • Rented since May 2019 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 34,000 in 2021 and recovered to AED 60,500 by June 2026.
  • At AED 60,500 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 14,700 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 June 2026.

Questions about 414, MAG 535

What did unit 414 last sell for?

AED 780,555 on 15 October 2017, sold by the developer: AED 808 per sqft for 966 sqft. It is the only registered sale of the unit.

What is the rent for unit 414?

AED 60,500 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 60,500; the unit has been rented since May 2019.

How big is unit 414?

966 sqft (89.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 414 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 414, MAG 535

Starts from the last sale price (AED 781K, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 780,555
Deposit, UAE resident (20%)
AED 156,111
Deposit, non-resident (40%)
AED 312,222
Monthly over 25 years at 3.7%
AED 3,193

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