1-bed · 639 sqftMAG 535, Dubai South · 5th floor · completed 2020

509, MAG 535

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 530K7 March 2024
Current rentAED 57K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, MAG 535

What is 509 worth today?

Last sold for AED 530,000 in 2024

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12 Sep 2026RentedRenewal
AED 57,000/yr12 months · AED 90 per sqft
12 Sep 2025RentedNew contract
AED 57,000/yr12 months · AED 90 per sqft
28 Mar 2025RentedNew contract
AED 60,000/yr12 months · AED 94 per sqft
13 Mar 2025RentedRenewal
AED 46,000/yr12 months · AED 72 per sqft
13 Mar 2025RentedRenewal
AED 46,000/yr12 months · AED 72 per sqft
13 Mar 2024RentedNew contract
AED 56,000/yr12 months · AED 88 per sqft
7 Mar 2024SoldReady
AED 530,000AED 830 per sqft
15 Apr 2022SoldReady
AED 390,000AED 610 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
1-bed apartment
Size
639 sqft
Floor
5th of 6
Parking
G-66
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 530K · March 2024
Building
MAG 535

About 509, MAG 535

509 is a one-bedroom apartment of 639 sqft on the 5th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 7 March 2024 for AED 530,000, or AED 830 per sqft, in line with the AED 809 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 12 September 2026, is AED 57,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 9,700 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, May 2016: AED 549,000 (AED 859 per sqft)Sold, April 2022: AED 390,000 (AED 610 per sqft)Sold, March 2024: AED 530,000 (AED 830 per sqft)

509 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in MAG 535
20K40K60K201920222025Typical 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, September 2019: AED 30,000 a yearRenewal, September 2020: AED 30,000 a yearNew contract, March 2024: AED 56,000 a yearNew contract, March 2025: AED 60,000 a yearRenewal, March 2025: AED 46,000 a yearRenewal, March 2025: AED 46,000 a yearNew contract, September 2025: AED 57,000 a yearRenewal, September 2026: AED 57,000 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 509 sits

All 48 1-beds →

509 last sold in March 2024 at AED 830 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 809). 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. 509's AED 57,000 is in the upper 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
5041-bedAED 566K · Jul 2016
5052-bedAED 1.06M · Feb 2026
5061-bedAED 780K · Feb 2026
507StudioAED 401K · Jun 2016
1–7 of 13

509, MAG 535 in numbers

  • Sold 3 times: first on 8 May 2016 for AED 549,000, last on 7 March 2024 for AED 530,000 (AED 830 per sqft).
  • Rented since September 2019 on 8 Ejari contracts, from AED 30,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 9,700 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 12 September 2026.

Questions about 509, MAG 535

What did unit 509 last sell for?

AED 530,000 on 7 March 2024: AED 830 per sqft for 639 sqft. The unit has 3 registered sales; the first was AED 549,000 in May 2016.

What is the rent for unit 509?

AED 57,000 a year on the contract renewed on 12 September 2026. The previous contract, from September 2025, was AED 57,000; the unit has been rented since September 2019.

How big is unit 509?

639 sqft (59.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 509 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.

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Mortgage on 509, MAG 535

Starts from the last sale price (AED 530K, 7 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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