1-bed · 639 sqftMAG 535, Dubai South · 6th floor · completed 2020

609, MAG 535

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 500K1 October 2019
Current rentAED 30K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, MAG 535

What is 609 worth today?

Last sold for AED 500,000 in 2019

Unlock today's estimate, updated daily, with

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

15 Aug 2024RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
15 Aug 2024RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
1 Aug 2022RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
2 Jun 2021RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
15 Jul 2020RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
1 Oct 2019SoldReady
AED 500,000AED 783 per sqft
19 Jun 2016Sold by developerOff-plan
AED 549,000AED 859 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
639 sqft
Floor
6th of 6
Parking
G-82
Developer
MAG
Completed
2020
Service charge
AED 9,700 /yr
Last sold
AED 500K · October 2019
Building
MAG 535

About 609, MAG 535

609 is a one-bedroom apartment of 639 sqft on the 6th floor of MAG 535, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 October 2019 for AED 500,000, or AED 783 per sqft, in line with the AED 783 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 15 August 2024, is AED 30,000 a year: a gross yield of 6.0% on the 2019 price, before the service charge of about AED 9,700 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, June 2016: AED 549,000 (AED 859 per sqft)Sold, October 2019: AED 500,000 (AED 783 per sqft)

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

Rents
Unit 609, each contractTypical one-bed in MAG 535
20K40K20192021202320252027Typical 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, July 2020: AED 28,000 a yearNew contract, June 2021: AED 26,000 a yearNew contract, August 2022: AED 26,000 a yearNew contract, August 2024: AED 30,000 a yearNew contract, August 2024: AED 30,000 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 609 sits

All 48 1-beds →

609 last sold in October 2019 at AED 783 per sqft, in line with what one-beds in MAG 535 were fetching at the time (AED 783). 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. 609's AED 30,000 is at the bottom 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

609, MAG 535 in numbers

  • Sold twice: first on 19 June 2016 for AED 549,000, last on 1 October 2019 for AED 500,000 (AED 783 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 28,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2019 price is 6.0%, before a service charge of about AED 9,700 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 15 August 2024.

Questions about 609, MAG 535

What did unit 609 last sell for?

AED 500,000 on 1 October 2019: AED 783 per sqft for 639 sqft. The unit has 2 registered sales; the first was AED 549,000 in June 2016.

What is the rent for unit 609?

AED 30,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2024, was AED 30,000; the unit has been rented since July 2020.

How big is unit 609?

639 sqft (59.4 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 609 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.

Selling 609? 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 609, MAG 535

Starts from the last sale price (AED 500K, 1 October 2019). 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 →