Studio · 473 sqftMAG 535, Dubai South · 5th floor · completed 2020

507, MAG 535

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 507 · DLD and Ejari recordsUpdated 5 April 2026

Last soldAED 401K5 June 2016

Current rentAED 45K /yr5 April 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 507, MAG 535

Today

What is 507 worth today?

Last sold for AED 400,555 in 2016

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5 Apr 2026

5 Apr 2026RentedNew contract

AED 45,000/yr12 months · AED 95 per sqft

5 Apr 2025

5 Apr 2025RentedNew contract

AED 45,000/yr12 months · AED 95 per sqft

23 Mar 2023

23 Mar 2023RentedNew contract

AED 27,000/yr12 months · AED 57 per sqft

3 Mar 2021

3 Mar 2021RentedNew contract

AED 17,000/yr12 months · AED 36 per sqft

1 Jan 2020

1 Jan 2020RentedNew contract

AED 21,000/yr12 months · AED 44 per sqft

5 Jun 2016

5 Jun 2016Sold by developerOff-plan

AED 400,555AED 846 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type: Studio apartment
Size: 473 sqft
Floor: 5th of 6
Parking: G-64
Developer: MAG
Completed: 2020
Service charge: AED 7,200 /yr
Last sold: AED 401K · June 2016
Building: MAG 535

About 507, MAG 535

507 is a studio of 473 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 5 June 2016 for AED 400,555, or AED 846 per sqft, in line with the AED 842 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 April 2026, is AED 45,000 a year: a gross yield of 11.2% on the 2016 price, before the service charge of about AED 7,200 a year.

Sales and rents for 507 over time

Sales

Unit 507, each saleTypical studio in MAG 535

507 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 507, each contractTypical studio in MAG 535

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 507 sits

All 12 studios →

MAG 535 · all types1,036 /sqft

507 last sold in June 2016 at AED 846 per sqft, in line with what studios in MAG 535 were fetching at the time (AED 842). 507's AED 45,000 is at the top of that range.

Recent studio sales	Size	Price (AED)	Per sqft
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

0 studio 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


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
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
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

1–7 of 13

507, MAG 535 in numbers

Sold once: by MAG on 5 June 2016 for AED 400,555, or AED 846 per sqft.
Rented since January 2020 on 5 Ejari contracts. The rent fell from AED 21,000 to AED 17,000 in 2021 and recovered to AED 45,000 by April 2026.
At AED 45,000 a year the gross yield on the 2016 price is 11.2%, before a service charge of about AED 7,200 a year (AED 15.24 per sqft).

Source: Dubai Land Department. Updated 5 April 2026.

Questions about 507, MAG 535

What did unit 507 last sell for?

AED 400,555 on 5 June 2016, sold by the developer: AED 846 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 45,000 a year on the contract signed on 5 April 2026. The previous contract, from April 2025, was AED 45,000; the unit has been rented since January 2020.

How big is unit 507?

473 sqft (43.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 507 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 507, MAG 535

Starts from the last sale price (AED 401K, 5 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 400,555
Deposit, UAE resident (20%): AED 80,111
Deposit, non-resident (40%): AED 160,222
Monthly over 25 years at 3.7%: AED 1,639

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