603, MAG 535
Sold prices and rental history: sold 3 times, last in December 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 603, MAG 535
What is 603 worth today?
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Source: Dubai Land Department. Updated 19 December 2024.
Key facts
- Type
- Studio apartment
- Size
- 476 sqft
- Floor
- 6th of 6
- Parking
- G-74
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,300 /yr
- Last sold
- AED 540K · December 2024
- Building
- MAG 535
About 603, MAG 535
603 is a studio of 476 sqft on the 6th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 19 December 2024 for AED 540,000, or AED 1,133 per sqft.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 February 2024, is AED 39,600 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 7,300 a year.
Sales and rents for 603 over time
603 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 535, and where 603 sits
All 12 studios →603's AED 39,600 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Dec 202320 December 2023 | 473 sqft | 330,000 | 697 | ||
| 19 Jan 202219 January 2022 | 476 sqft | 300,000 | 629 | ||
| 8 Oct 20188 October 2018 | 476 sqft | 395,555 | 830 | ||
| 30 Sep 201830 September 2018 | 476 sqft | 380,000 | 797 |
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 | |
| 602 | 1-bed | 667 sqft | AED 525KAED 525,000 · May 2024May 2024 | 55,000 /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 |
603, MAG 535 in numbers
- Sold 3 times: first on 24 August 2016 for AED 400,555, last on 19 December 2024 for AED 540,000 (AED 1,133 per sqft).
- Rented since February 2020 on 5 Ejari contracts. The rent fell from AED 21,000 to AED 18,000 in 2023 and recovered to AED 39,600 by February 2024.
- At AED 39,600 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 7,300 a year (AED 15.24 per sqft).
Source: Dubai Land Department. Updated 19 December 2024.
Questions about 603, MAG 535
What did unit 603 last sell for?
AED 540,000 on 19 December 2024: AED 1,133 per sqft for 476 sqft. The unit has 3 registered sales; the first was AED 400,555 in August 2016.
What is the rent for unit 603?
AED 39,600 a year on the contract signed on 1 February 2024. The previous contract, from February 2023, was AED 18,000; the unit has been rented since February 2020.
How big is unit 603?
476 sqft (44.2 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 603, MAG 535
Starts from the last sale price (AED 540K, 19 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →