1-bed · 634 sqftMAG 535, Dubai South · 5th floor · completed 2020

511, MAG 535

Sold prices and rental history: sold once, by the developer in June 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 19 June 2016
Last soldAED 549K19 June 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, MAG 535

What is 511 worth today?

Last sold for AED 549,000 in 2016

Unlock today's estimate, updated daily, with

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

19 Jun 2016Sold by developerOff-plan
AED 549,000AED 866 per sqft

Source: Dubai Land Department. Updated 19 June 2016.

Key facts

Type
1-bed apartment
Size
634 sqft
Floor
5th of 6
Parking
G-77
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 549K · June 2016
Building
MAG 535

About 511, MAG 535

511 is a one-bedroom apartment of 634 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 19 June 2016 for AED 549,000, or AED 866 per sqft, 4% above the AED 831 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, 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, June 2016: AED 549,000 (AED 866 per sqft)

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

Rents
Unit 511, 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 52,800

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 511 sits

All 48 1-beds →

511 last sold in June 2016 at AED 866 per sqft, 4% above what one-beds in MAG 535 were fetching at the time (AED 831). 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.

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

511, MAG 535 in numbers

  • Sold once: by MAG on 19 June 2016 for AED 549,000, or AED 866 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 19 June 2016.

Questions about 511, MAG 535

What did unit 511 last sell for?

AED 549,000 on 19 June 2016, sold by the developer: AED 866 per sqft for 634 sqft. It is the only registered sale of the unit.

How big is unit 511?

634 sqft (58.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 511 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 511? 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 511, MAG 535

Starts from the last sale price (AED 549K, 19 June 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 →