1-bed · 642 sqftMAG 535, Dubai South · 5th floor · completed 2020

504, MAG 535

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 8 November 2025
Last soldAED 566K10 July 2016
Current rentAED 48K /yr8 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, MAG 535

What is 504 worth today?

Last sold for AED 565,827 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Nov 2025RentedRenewal
AED 48,000/yr13 months · AED 76 per sqft
8 Oct 2024RentedRenewal
AED 46,154/yr13 months · AED 73 per sqft
8 Oct 2023RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
8 Oct 2022RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
8 Sep 2021RentedRenewal
AED 26,000/yr13 months · AED 40 per sqft
8 Aug 2020RentedRenewal
AED 26,000/yr13 months · AED 40 per sqft
8 Jul 2019RentedNew contract
AED 28,000/yr13 months · AED 43 per sqft
10 Jul 2016Sold by developerOff-plan
AED 565,827AED 881 per sqft

Source: Dubai Land Department. Updated 8 November 2025.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
5th of 6
Parking
G-61
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 566K · July 2016
Building
MAG 535

About 504, MAG 535

504 is a one-bedroom apartment of 642 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 10 July 2016 for AED 565,827, or AED 881 per sqft, 5% above the AED 838 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 8 November 2025, is AED 48,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 9,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, July 2016: AED 565,827 (AED 881 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in MAG 535
20K40K20192021202320252027Typical 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, July 2019: AED 28,000 a yearRenewal, August 2020: AED 26,000 a yearRenewal, September 2021: AED 26,000 a yearRenewal, October 2022: AED 26,000 a yearRenewal, October 2023: AED 26,000 a yearRenewal, October 2024: AED 46,154 a yearRenewal, November 2025: AED 48,000 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 504 sits

All 48 1-beds →

504 last sold in July 2016 at AED 881 per sqft, 5% above what one-beds in MAG 535 were fetching at the time (AED 838). 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. 504's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 2026690,000
17 Feb 2026780,000
20 Jan 2026700,000
24 Oct 2025650,000
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 5th floor

All 86 units in MAG 535
Value
5012-bedAED 695K · Jul 2018
5021-bedAED 549K · May 2016
503StudioAED 396K · Oct 2018
5052-bedAED 1.06M · Feb 2026
5061-bedAED 780K · Feb 2026
507StudioAED 401K · Jun 2016
5081-bedAED 595K · Feb 2025
1–7 of 13

504, MAG 535 in numbers

  • Sold once: by MAG on 10 July 2016 for AED 565,827, or AED 881 per sqft.
  • Rented since July 2019 on 7 Ejari contracts, from AED 28,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 9,800 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 8 November 2025.

Questions about 504, MAG 535

What did unit 504 last sell for?

AED 565,827 on 10 July 2016, sold by the developer: AED 881 per sqft for 642 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 48,000 a year on the contract renewed on 8 November 2025. The previous contract, from October 2024, was AED 46,154; the unit has been rented since July 2019.

How big is unit 504?

642 sqft (59.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 504 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.

Selling 504? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 504, MAG 535

Starts from the last sale price (AED 566K, 10 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 565,827
Deposit, UAE resident (20%)
AED 113,165
Deposit, non-resident (40%)
AED 226,331
Monthly over 25 years at 3.7%
AED 2,315

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