1-bed · 638 sqftMAG 535, Dubai South · 5th floor · completed 2020

510, MAG 535

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

Unit 510 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 549K8 May 2016
Current rentAED 55K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, MAG 535

What is 510 worth today?

Last sold for AED 549,000 in 2016

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1 Mar 2026RentedRenewal
AED 55,000/yr12 months · AED 86 per sqft
1 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 86 per sqft
1 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 86 per sqft
2 Jan 2024RentedNew contract
AED 45,000/yr12 months · AED 71 per sqft
13 Feb 2023RentedRenewal
AED 32,000/yr12 months · AED 50 per sqft
13 Feb 2022RentedRenewal
AED 28,000/yr12 months · AED 44 per sqft
13 Feb 2021RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
3 Feb 2020RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
5th of 6
Parking
G-76
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 549K · May 2016
Building
MAG 535

About 510, MAG 535

510 is a one-bedroom apartment of 638 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 May 2016 for AED 549,000, or AED 860 per sqft, 4% above the AED 823 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 55,000 a year: a gross yield of 10.0% on the 2016 price, before the service charge of about AED 9,700 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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 860 per sqft)

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

Rents
Unit 510, each contractTypical one-bed in MAG 535
20K40K60K20192021202320252027Typical 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, February 2020: AED 30,000 a yearNew contract, February 2021: AED 26,000 a yearRenewal, February 2022: AED 28,000 a yearRenewal, February 2023: AED 32,000 a yearNew contract, January 2024: AED 45,000 a yearNew contract, March 2025: AED 55,000 a yearNew contract, March 2025: AED 55,000 a yearRenewal, March 2026: AED 55,000 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 510 sits

All 48 1-beds →

510 last sold in May 2016 at AED 860 per sqft, 4% above what one-beds in MAG 535 were fetching at the time (AED 823). 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. 510's AED 55,000 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

510, MAG 535 in numbers

  • Sold once: by MAG on 8 May 2016 for AED 549,000, or AED 860 per sqft.
  • Rented since February 2020 on 8 Ejari contracts. The rent fell from AED 30,000 to AED 26,000 in 2021 and recovered to AED 55,000 by March 2026.
  • At AED 55,000 a year the gross yield on the 2016 price is 10.0%, 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 1 March 2026.

Questions about 510, MAG 535

What did unit 510 last sell for?

AED 549,000 on 8 May 2016, sold by the developer: AED 860 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 55,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 55,000; the unit has been rented since February 2020.

How big is unit 510?

638 sqft (59.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 510 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 510, MAG 535

Starts from the last sale price (AED 549K, 8 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 549,000
Deposit, UAE resident (20%)
AED 109,800
Deposit, non-resident (40%)
AED 219,600
Monthly over 25 years at 3.7%
AED 2,246

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