501, MAG 535
Sold prices and rental history: sold once, by the developer in July 2018, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, MAG 535
What is 501 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,041 sqft
- Floor
- 5th of 6
- Parking
- G-58
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 15,900 /yr
- Last sold
- AED 695K · July 2018
- Building
- MAG 535
About 501, MAG 535
501 is a two-bedroom apartment of 1,041 sqft on the 5th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 3 July 2018 for AED 695,000, or AED 667 per sqft, 14% below the AED 779 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 September 2026. The current contract, signed on 20 September 2026, is AED 70,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 15,900 a year.
Sales and rents for 501 over time
501 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 501 sits
All 24 2-beds →501 last sold in July 2018 at AED 667 per sqft, 14% below what two-beds in MAG 535 were fetching at the time (AED 779). 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. 501's AED 70,000 is in the upper half 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 5th floor
All 86 units in MAG 535| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 667 sqft | AED 549KAED 549,000 · May 2016May 2016 | 37,268 /yr | |
| 503 | Studio | 476 sqft | AED 396KAED 395,555 · Oct 2018October 2018 | 38,000 /yr | |
| 504 | 1-bed | 642 sqft | AED 566KAED 565,827 · Jul 2016July 2016 | 48,000 /yr | |
| 505 | 2-bed | 1,008 sqft | AED 1.06MAED 1,060,000 · Feb 2026February 2026 | 63,000 /yr | |
| 506 | 1-bed | 667 sqft | AED 780KAED 780,000 · Feb 2026February 2026 | 48,000 /yr | |
| 507 | Studio | 473 sqft | AED 401KAED 400,555 · Jun 2016June 2016 | 45,000 /yr | |
| 508 | 1-bed | 642 sqft | AED 595KAED 595,000 · Feb 2025February 2025 | 57,000 /yr | |
| 509 | 1-bed | 639 sqft | AED 530KAED 530,000 · Mar 2024March 2024 | 57,000 /yr | |
| 510 | 1-bed | 638 sqft | AED 549KAED 549,000 · May 2016May 2016 | 55,000 /yr | |
| 511 | 1-bed | 634 sqft | AED 549KAED 549,000 · Jun 2016June 2016 | ||
| 512 | 1-bed | 637 sqft | AED 650KAED 650,000 · Aug 2025August 2025 | 50,000 /yr | |
| 513 | 2-bed | 966 sqft | AED 820KAED 820,000 · Oct 2018October 2018 | 75,000 /yr | |
| 514 | 2-bed | 966 sqft | AED 781KAED 780,555 · Sep 2016September 2016 | 65,000 /yr |
501, MAG 535 in numbers
- Sold once: by MAG on 3 July 2018 for AED 695,000, or AED 667 per sqft.
- Rented since September 2026 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 15,900 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 20 September 2026.
Questions about 501, MAG 535
What did unit 501 last sell for?
AED 695,000 on 3 July 2018, sold by the developer: AED 667 per sqft for 1,041 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 70,000 a year on the contract signed on 20 September 2026.
How big is unit 501?
1,041 sqft (96.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 501 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 501, MAG 535
Starts from the last sale price (AED 695K, 3 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 695,000
- Deposit, UAE resident (20%)
- AED 139,000
- Deposit, non-resident (40%)
- AED 278,000
- Monthly over 25 years at 3.7%
- AED 2,843
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →