614, MAG 535
Sold prices and rental history: sold once, by the developer in August 2016, 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 614, MAG 535
What is 614 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 966 sqft
- Floor
- 6th of 6
- Parking
- G-87
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 14,700 /yr
- Last sold
- AED 842K · August 2016
- Building
- MAG 535
About 614, MAG 535
614 is a two-bedroom apartment of 966 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 24 August 2016 for AED 842,275, or AED 872 per sqft, 8% above the AED 809 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 20,000 a year: a gross yield of 2.4% on the 2016 price, before the service charge of about AED 14,700 a year.
Sales and rents for 614 over time
614 has sold once; the dashed line is the two-bed median of each year in the building.
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 614 sits
All 24 2-beds →614 last sold in August 2016 at AED 872 per sqft, 8% above 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. 614's AED 20,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202623 July 2026 | 1,005 sqft | 1,025,000 | 1,020 | ||
| 12 Feb 202612 February 2026 | 1,008 sqft | 1,060,000 | 1,052 | ||
| 28 Nov 202528 November 2025 | 1,005 sqft | 1,025,000 | 1,020 | ||
| 2 Oct 20252 October 2025 | 966 sqft | 1,000,000 | 1,035 |
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 | |
| 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 | |
| 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, MAG 535 in numbers
- Sold once: by MAG on 24 August 2016 for AED 842,275, or AED 872 per sqft.
- Rented since December 2020 on 4 Ejari contracts, from AED 35,000 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2016 price is 2.4%, before a service charge of about AED 14,700 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 March 2024.
Questions about 614, MAG 535
What did unit 614 last sell for?
AED 842,275 on 24 August 2016, sold by the developer: AED 872 per sqft for 966 sqft. It is the only registered sale of the unit.
What is the rent for unit 614?
AED 20,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 40,000; the unit has been rented since December 2020.
How big is unit 614?
966 sqft (89.7 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 614 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 614, MAG 535
Starts from the last sale price (AED 842K, 24 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 842,275
- Deposit, UAE resident (20%)
- AED 168,455
- Deposit, non-resident (40%)
- AED 336,910
- Monthly over 25 years at 3.7%
- AED 3,446
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →