503, MAG 535
Sold prices and rental history: sold once, by the developer in October 2018, 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 503, MAG 535
What is 503 worth today?
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Source: Dubai Land Department. Updated 25 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 5th of 6
- Parking
- G-60
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,300 /yr
- Last sold
- AED 396K · October 2018
- Building
- MAG 535
About 503, MAG 535
503 is a studio of 476 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 8 October 2018 for AED 395,555, or AED 830 per sqft, in line with the AED 830 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 38,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 7,300 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 535, and where 503 sits
All 12 studios →503 last sold in October 2018 at AED 830 per sqft, in line with what studios in MAG 535 were fetching at the time (AED 830). 503's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202419 December 2024 | 476 sqft | 540,000 | 1,133 | ||
| 20 Dec 202320 December 2023 | 473 sqft | 330,000 | 697 | ||
| 26 Jul 202326 July 2023 | 476 sqft | 275,000 | 577 | ||
| 19 Jan 202219 January 2022 | 476 sqft | 300,000 | 629 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,041 sqft | AED 695KAED 695,000 · Jul 2018July 2018 | 70,000 /yr | |
| 502 | 1-bed | 667 sqft | AED 549KAED 549,000 · May 2016May 2016 | 37,268 /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 |
503, MAG 535 in numbers
- Sold once: by MAG on 8 October 2018 for AED 395,555, or AED 830 per sqft.
- Rented since November 2020 on 6 Ejari contracts, from AED 18,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 7,300 a year (AED 15.24 per sqft).
Source: Dubai Land Department. Updated 25 December 2025.
Questions about 503, MAG 535
What did unit 503 last sell for?
AED 395,555 on 8 October 2018, sold by the developer: AED 830 per sqft for 476 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 38,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 38,000; the unit has been rented since November 2020.
How big is unit 503?
476 sqft (44.2 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 503, MAG 535
Starts from the last sale price (AED 396K, 8 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 395,555
- Deposit, UAE resident (20%)
- AED 79,111
- Deposit, non-resident (40%)
- AED 158,222
- Monthly over 25 years at 3.7%
- AED 1,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →