2-bed · 1,041 sqftMAG 535, Dubai South · 6th floor · completed 2020

601, MAG 535

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 1M12 May 2025
Current rentAED 60K /yr2 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, MAG 535

What is 601 worth today?

Last sold for AED 1,000,000 in 2025

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12 May 2025SoldReady
AED 1,000,000AED 960 per sqft
2 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 58 per sqft
3 Sep 2023RentedNew contract
AED 57,000/yr12 months · AED 55 per sqft
30 Apr 2022RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
30 Apr 2021RentedRenewal
AED 50,000/yr12 months · AED 48 per sqft
30 Apr 2020RentedRenewal
AED 45,000/yr12 months · AED 43 per sqft
30 Apr 2019RentedNew contract
AED 50,000/yr12 months · AED 48 per sqft
17 May 2018Sold by developerOff-plan
AED 781,048AED 750 per sqft

Source: Dubai Land Department. Updated 12 May 2025.

Key facts

Type
2-bed apartment
Size
1,041 sqft
Floor
6th of 6
Parking
G-72
Developer
MAG
Completed
2020
Service charge
AED 15,900 /yr
Last sold
AED 1M · May 2025
Building
MAG 535

About 601, MAG 535

601 is a two-bedroom apartment of 1,041 sqft on the 6th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 12 May 2025 for AED 1,000,000, or AED 960 per sqft.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 2 September 2024, is AED 60,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 15,900 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in MAG 535
800K1M2016201920222025Typical sale price by year: 2016 AED 799,000; 2018 AED 765,524; 2019 AED 799,000; 2025 AED 1,000,000Sold by developer, May 2018: AED 781,048 (AED 750 per sqft)Sold, May 2025: AED 1,000,000 (AED 960 per sqft)

601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in MAG 535
40K60K20192021202320252027Typical rent by year: 2019 AED 43,000; 2020 AED 39,500; 2021 AED 37,513; 2022 AED 39,900; 2023 AED 47,730; 2024 AED 55,650; 2025 AED 65,000; 2026 AED 65,750New contract, April 2019: AED 50,000 a yearRenewal, April 2020: AED 45,000 a yearRenewal, April 2021: AED 50,000 a yearRenewal, April 2022: AED 50,000 a yearNew contract, September 2023: AED 57,000 a yearNew contract, September 2024: AED 60,000 a year

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 601 sits

All 24 2-beds →

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. 601's AED 60,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20261,025,000
12 Feb 20261,060,000
28 Nov 20251,025,000
2 Oct 20251,000,000
3 2-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 6th floor

All 86 units in MAG 535
Value
6021-bedAED 525K · May 2024
603StudioAED 540K · Dec 2024
6041-bedAED 340K · Dec 2020
6052-bedAED 796K · Sep 2016
6061-bedAED 500K · Sep 2019
607StudioAED 500K · Apr 2016
6081-bedAED 500K · Dec 2024
1–7 of 13

601, MAG 535 in numbers

  • Sold twice: first on 17 May 2018 for AED 781,048, last on 12 May 2025 for AED 1,000,000 (AED 960 per sqft).
  • Rented since April 2019 on 6 Ejari contracts, from AED 50,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 15,900 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 12 May 2025.

Questions about 601, MAG 535

What did unit 601 last sell for?

AED 1,000,000 on 12 May 2025: AED 960 per sqft for 1,041 sqft. The unit has 2 registered sales; the first was AED 781,048 in May 2018.

What is the rent for unit 601?

AED 60,000 a year on the contract signed on 2 September 2024. The previous contract, from September 2023, was AED 57,000; the unit has been rented since April 2019.

How big is unit 601?

1,041 sqft (96.7 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 601 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 601, MAG 535

Starts from the last sale price (AED 1M, 12 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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