2-bed · 1,008 sqftMAG 535, Dubai South · 6th floor · completed 2020

605, MAG 535

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 796K28 September 2016
Current rentAED 60K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, MAG 535

What is 605 worth today?

Last sold for AED 795,555 in 2016

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1 Jul 2026RentedRenewal
AED 59,500/yr12 months · AED 59 per sqft
1 Jul 2025RentedRenewal
AED 58,000/yr12 months · AED 58 per sqft
1 Jul 2025RentedRenewal
AED 58,000/yr12 months · AED 58 per sqft
1 Jul 2024RentedRenewal
AED 55,000/yr12 months · AED 55 per sqft
1 Jun 2023RentedRenewal
AED 48,000/yr13 months · AED 48 per sqft
1 May 2022RentedRenewal
AED 40,000/yr13 months · AED 40 per sqft
10 Feb 2021RentedRenewal
AED 37,025/yr15 months · AED 37 per sqft
10 Jan 2020RentedNew contract
AED 42,000/yr13 months · AED 42 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
1,008 sqft
Floor
6th of 6
Parking
G-78
Developer
MAG
Completed
2020
Service charge
AED 15,400 /yr
Last sold
AED 796K · September 2016
Building
MAG 535

About 605, MAG 535

605 is a two-bedroom apartment of 1,008 sqft on the 6th 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 795,555, or AED 789 per sqft, in line with the AED 809 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 59,500 a year: a gross yield of 7.5% on the 2016 price, before the service charge of about AED 15,400 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, September 2016: AED 795,555 (AED 789 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in MAG 535
40K60K201920222025Typical 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, January 2020: AED 42,000 a yearRenewal, February 2021: AED 37,025 a yearRenewal, May 2022: AED 40,000 a yearRenewal, June 2023: AED 48,000 a yearRenewal, July 2024: AED 55,000 a yearRenewal, July 2025: AED 58,000 a yearRenewal, July 2025: AED 58,000 a yearRenewal, July 2026: AED 59,500 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 605 sits

All 24 2-beds →

605 last sold in September 2016 at AED 789 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. 605's AED 59,500 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
6012-bedAED 1M · May 2025
6021-bedAED 525K · May 2024
603StudioAED 540K · Dec 2024
6041-bedAED 340K · Dec 2020
6061-bedAED 500K · Sep 2019
607StudioAED 500K · Apr 2016
6081-bedAED 500K · Dec 2024
1–7 of 13

605, MAG 535 in numbers

  • Sold once: by MAG on 28 September 2016 for AED 795,555, or AED 789 per sqft.
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 37,025 in 2021 and recovered to AED 59,500 by July 2026.
  • At AED 59,500 a year the gross yield on the 2016 price is 7.5%, before a service charge of about AED 15,400 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 1 July 2026.

Questions about 605, MAG 535

What did unit 605 last sell for?

AED 795,555 on 28 September 2016, sold by the developer: AED 789 per sqft for 1,008 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 59,500 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 58,000; the unit has been rented since January 2020.

How big is unit 605?

1,008 sqft (93.6 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 605 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 605, MAG 535

Starts from the last sale price (AED 796K, 28 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 795,555
Deposit, UAE resident (20%)
AED 159,111
Deposit, non-resident (40%)
AED 318,222
Monthly over 25 years at 3.7%
AED 3,255

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