1-bed · 642 sqftMAG 535, Dubai South · 6th floor · completed 2020

608, MAG 535

Sold prices and rental history: sold twice, 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.

Unit 608 · DLD and Ejari recordsUpdated 10 March 2026
Last soldAED 500K17 December 2024
Current rentAED 58K /yr10 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, MAG 535

What is 608 worth today?

Last sold for AED 500,000 in 2024

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10 Mar 2026RentedNew contract
AED 58,000/yr12 months · AED 90 per sqft
17 Dec 2024SoldReady
AED 500,000AED 778 per sqft
23 Sep 2023RentedNew contract
AED 37,000/yr13 months · AED 58 per sqft
1 Sep 2022RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft
1 Aug 2021RentedRenewal
AED 25,000/yr13 months · AED 39 per sqft
1 Aug 2020RentedNew contract
AED 25,000/yr12 months · AED 39 per sqft
4 Apr 2017Sold by developerOff-plan
AED 525,000AED 817 per sqft

Source: Dubai Land Department. Updated 10 March 2026.

Key facts

Type
1-bed apartment
Size
642 sqft
Floor
6th of 6
Parking
G-81
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 500K · December 2024
Building
MAG 535

About 608, MAG 535

608 is a one-bedroom apartment of 642 sqft on the 6th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 17 December 2024 for AED 500,000, or AED 778 per sqft, 4% below the AED 810 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 March 2026, is AED 58,000 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in MAG 535
400K600K2016201920222025Typical sale price by year: 2016 AED 549,000; 2017 AED 525,000; 2018 AED 530,601; 2019 AED 500,000; 2020 AED 430,000; 2022 AED 390,000; 2023 AED 389,624; 2024 AED 539,000; 2025 AED 650,000; 2026 AED 700,000Sold by developer, April 2017: AED 525,000 (AED 817 per sqft)Sold, December 2024: AED 500,000 (AED 778 per sqft)

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

Rents
Unit 608, each contractTypical one-bed in MAG 535
20K40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 27,500; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 32,750; 2024 AED 40,000; 2025 AED 52,000; 2026 AED 52,800New contract, August 2020: AED 25,000 a yearRenewal, August 2021: AED 25,000 a yearRenewal, September 2022: AED 30,000 a yearNew contract, September 2023: AED 37,000 a yearNew contract, March 2026: AED 58,000 a year

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 608 sits

All 48 1-beds →

608 last sold in December 2024 at AED 778 per sqft, 4% below what one-beds in MAG 535 were fetching at the time (AED 810). 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. 608's AED 58,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 2026690,000
17 Feb 2026780,000
20 Jan 2026700,000
24 Oct 2025650,000
3 1-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
6052-bedAED 796K · Sep 2016
6061-bedAED 500K · Sep 2019
607StudioAED 500K · Apr 2016
1–7 of 13

608, MAG 535 in numbers

  • Sold twice: first on 4 April 2017 for AED 525,000, last on 17 December 2024 for AED 500,000 (AED 778 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 25,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2024 price is 11.6%, before a service charge of about AED 9,800 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 10 March 2026.

Questions about 608, MAG 535

What did unit 608 last sell for?

AED 500,000 on 17 December 2024: AED 778 per sqft for 642 sqft. The unit has 2 registered sales; the first was AED 525,000 in April 2017.

What is the rent for unit 608?

AED 58,000 a year on the contract signed on 10 March 2026. The previous contract, from September 2023, was AED 37,000; the unit has been rented since August 2020.

How big is unit 608?

642 sqft (59.6 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 608 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 608, MAG 535

Starts from the last sale price (AED 500K, 17 December 2024). 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 →