Studio · 473 sqftMAG 535, Dubai South · 6th floor · completed 2020

607, MAG 535

Sold prices and rental history: sold once, by the developer in April 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 607

Unit 607 · DLD and Ejari recordsUpdated 9 November 2020

Last soldAED 500K27 April 2016

Current rentAED 18K /yr9 November 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 607

Property timeline for 607, MAG 535

Today

What is 607 worth today?

Last sold for AED 500,000 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Nov 2020

9 Nov 2020RentedNew contract

AED 18,000/yr12 months · AED 38 per sqft

20 Oct 2019

20 Oct 2019RentedNew contract

AED 27,000/yr12 months · AED 57 per sqft

27 Apr 2016

27 Apr 2016Sold by developerOff-plan

AED 500,000AED 1,056 per sqft

Source: Dubai Land Department. Updated 9 November 2020.

Key facts

Type: Studio apartment
Size: 473 sqft
Floor: 6th of 6
Parking: G-80
Developer: MAG
Completed: 2020
Service charge: AED 7,200 /yr
Last sold: AED 500K · April 2016
Building: MAG 535

About 607, MAG 535

607 is a studio of 473 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 27 April 2016 for AED 500,000, or AED 1,056 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 9 November 2020, is AED 18,000 a year: a gross yield of 3.6% on the 2016 price, before the service charge of about AED 7,200 a year.

Sales and rents for 607 over time

Sales

Unit 607, each saleTypical studio in MAG 535

607 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 607, each contractTypical studio in MAG 535

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 607 sits

All 12 studios →

MAG 535 · all types1,036 /sqft

607's AED 18,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
19 Dec 202419 December 2024	476 sqft	540,000	1,133
20 Dec 202320 December 2023	473 sqft	330,000	697
26 Jul 202326 July 2023	476 sqft	275,000	577
19 Jan 202219 January 2022	476 sqft	300,000	629

0 studio 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


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
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
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

1–7 of 13

607, MAG 535 in numbers

Sold once: by MAG on 27 April 2016 for AED 500,000, or AED 1,056 per sqft.
Rented since October 2019 on 2 Ejari contracts, from AED 27,000 to AED 18,000 a year.
At AED 18,000 a year the gross yield on the 2016 price is 3.6%, before a service charge of about AED 7,200 a year (AED 15.24 per sqft).

Source: Dubai Land Department. Updated 9 November 2020.

Questions about 607, MAG 535

What did unit 607 last sell for?

AED 500,000 on 27 April 2016, sold by the developer: AED 1,056 per sqft for 473 sqft. It is the only registered sale of the unit.

What is the rent for unit 607?

AED 18,000 a year on the contract signed on 9 November 2020. The previous contract, from October 2019, was AED 27,000.

How big is unit 607?

473 sqft (43.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 607? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 607, MAG 535

Starts from the last sale price (AED 500K, 27 April 2016). Switch to today's estimate once you have unlocked it.

Price: AED 500,000
Deposit, UAE resident (20%): AED 100,000
Deposit, non-resident (40%): AED 200,000
Monthly over 25 years at 3.7%: AED 2,046

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