514, MAG 535
Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, MAG 535
What is 514 worth today?
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Source: Dubai Land Department. Updated 5 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 966 sqft
- Floor
- 5th of 6
- Parking
- G-71
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 781K · September 2016
- Building
- MAG 535
About 514, MAG 535
514 is a two-bedroom apartment of 966 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 28 September 2016 for AED 780,555, or AED 808 per sqft, in line with the AED 809 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 65,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 14,700 a year.
Sales and rents for 514 over time
514 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 535, and where 514 sits
All 24 2-beds →514 last sold in September 2016 at AED 808 per sqft, in line with what two-beds in MAG 535 were fetching at the time (AED 809). Over the last 12 months two-beds sold for AED 1,025,000 to 1,060,000, around AED 1,020 per sqft, and rent for AED 54,790 to 75,000 a year. 514's AED 65,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,005 sqft | 1,025,000 | 1,020 | ||
| 12 Feb 202612 February 2026 | 1,008 sqft | 1,060,000 | 1,052 | ||
| 28 Nov 202528 November 2025 | 1,005 sqft | 1,025,000 | 1,020 | ||
| 2 Oct 20252 October 2025 | 966 sqft | 1,000,000 | 1,035 |
MAG 535
Building86 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%
Other units on the 5th floor
All 86 units in MAG 535| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 507 | Studio | 473 sqft | AED 401KAED 400,555 · Jun 2016June 2016 | 45,000 /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, MAG 535 in numbers
- Sold once: by MAG on 28 September 2016 for AED 780,555, or AED 808 per sqft.
- Rented since October 2021 on 6 Ejari contracts, from AED 40,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 14,700 a year (AED 15.24 per sqft).
- Two-beds in MAG 535 sold for AED 1,025,000–1,060,000 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 5 June 2026.
Questions about 514, MAG 535
What did unit 514 last sell for?
AED 780,555 on 28 September 2016, sold by the developer: AED 808 per sqft for 966 sqft. It is the only registered sale of the unit.
What is the rent for unit 514?
AED 65,000 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 65,000; the unit has been rented since October 2021.
How big is unit 514?
966 sqft (89.7 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 514 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 535 sold for AED 1,025,000 to 1,060,000 in the last 12 months, around AED 1,020 per sqft.
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Mortgage on 514, MAG 535
Starts from the last sale price (AED 781K, 28 September 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 780,555
- Deposit, UAE resident (20%)
- AED 156,111
- Deposit, non-resident (40%)
- AED 312,222
- Monthly over 25 years at 3.7%
- AED 3,193
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →