602, MAG 535
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, MAG 535
What is 602 worth today?
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Source: Dubai Land Department. Updated 5 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 667 sqft
- Floor
- 6th of 6
- Parking
- G-73
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,200 /yr
- Last sold
- AED 525K · May 2024
- Building
- MAG 535
About 602, MAG 535
602 is a one-bedroom apartment of 667 sqft on the 6th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 29 May 2024 for AED 525,000, or AED 787 per sqft, in line with the AED 787 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 5 May 2026, is AED 55,000 a year: a gross yield of 10.5% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the one-bed median of each year in the building.
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 602 sits
All 48 1-beds →602 last sold in May 2024 at AED 787 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 787). 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. 602's AED 55,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 666 sqft | 690,000 | 1,036 | ||
| 17 Feb 202617 February 2026 | 667 sqft | 780,000 | 1,169 | ||
| 20 Jan 202620 January 2026 | 637 sqft | 700,000 | 1,098 | ||
| 24 Oct 202524 October 2025 | 666 sqft | 650,000 | 976 |
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 6th floor
All 86 units in MAG 535| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,041 sqft | AED 1MAED 1,000,000 · May 2025May 2025 | 60,000 /yr | |
| 603 | Studio | 476 sqft | AED 540KAED 540,000 · Dec 2024December 2024 | 39,600 /yr | |
| 604 | 1-bed | 642 sqft | AED 340KAED 340,000 · Dec 2020December 2020 | 57,500 /yr | |
| 605 | 2-bed | 1,008 sqft | AED 796KAED 795,555 · Sep 2016September 2016 | 59,500 /yr | |
| 606 | 1-bed | 667 sqft | AED 500KAED 500,000 · Sep 2019September 2019 | 40,000 /yr | |
| 607 | Studio | 473 sqft | AED 500KAED 500,000 · Apr 2016April 2016 | 18,000 /yr | |
| 608 | 1-bed | 642 sqft | AED 500KAED 500,000 · Dec 2024December 2024 | 58,000 /yr | |
| 609 | 1-bed | 639 sqft | AED 500KAED 500,000 · Oct 2019October 2019 | 30,000 /yr | |
| 610 | 1-bed | 638 sqft | AED 549KAED 549,000 · May 2016May 2016 | 57,000 /yr | |
| 611 | 1-bed | 634 sqft | AED 500KAED 500,000 · Oct 2019October 2019 | 50,000 /yr | |
| 612 | 1-bed | 637 sqft | AED 700KAED 700,000 · Jun 2025June 2025 | 37,000 /yr | |
| 613 | 2-bed | 966 sqft | AED 850KAED 850,000 · Apr 2016April 2016 | 66,500 /yr | |
| 614 | 2-bed | 966 sqft | AED 842KAED 842,275 · Aug 2016August 2016 | 20,000 /yr |
602, MAG 535 in numbers
- Sold twice: first on 28 September 2016 for AED 525,555, last on 29 May 2024 for AED 525,000 (AED 787 per sqft).
- Rented since March 2020 on 5 Ejari contracts, from AED 28,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 10.5%, before a service charge of about AED 10,200 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 5 May 2026.
Questions about 602, MAG 535
What did unit 602 last sell for?
AED 525,000 on 29 May 2024: AED 787 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 525,555 in September 2016.
What is the rent for unit 602?
AED 55,000 a year on the contract renewed on 5 May 2026. The previous contract, from April 2023, was AED 33,000; the unit has been rented since March 2020.
How big is unit 602?
667 sqft (62.0 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 602 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 602, MAG 535
Starts from the last sale price (AED 525K, 29 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →