Unit 601, MAG 535: what it sold for and what it is worth now

Unit 601 at MAG 535 is a 2 bed of 1,041 sq ft. It last sold for AED 1,000,000 on 12 May 2025. At AED 1,028 per sq ft, from 4 sales in the building in the last 12 months (2 bed), it is worth about AED 1,070,000 today.

Value todayAED 1,070,000AED 1,062,000 to AED 1,082,000
Last saleAED 1,000,00012 May 2025 · Resale
Change since last sale+7.0%Building trend alone: AED 1,037,492
Rent (median asking, 2 bed)AED 75,000Gross yield 7.0%
Bedrooms2 bed
Size1,041 sq ft
Floor6 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingMAG 535 by MAG Property Development, handed over 2020
Registered sales of this unit1

Every registered sale of unit 601

DatePriceSizeAED/sq ftType
12 May 2025AED 1,000,0001,041 sq ft961Resale

Latest 2 bed sales in MAG 535

UnitDatePriceSizeAED/sq ftType
10523 Jul 2026AED 1,025,0001,005 sq ft1,020Resale
50512 Feb 2026AED 1,060,0001,008 sq ft1,052Resale
20528 Nov 2025AED 1,025,0001,005 sq ft1,020Resale
1132 Oct 2025AED 1,000,000966 sq ft1,035Resale
31430 Jan 2024AED 743,000966 sq ft769Resale
2058 Mar 2022AED 594,6671,005 sq ft592Resale
2139 Sep 2020AED 780,555966 sq ft808Off-plan

How we worked out the value

We took the 4 sales in MAG 535 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,028). We multiplied it by the size of this unit (1,041 sq ft). The range uses the middle half of those sales (AED 1,020 to AED 1,039 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,037,492. Floor, view, condition and upgrades can move the price either way. Sales data to 23 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 601 at MAG 535 worth?

About AED 1,070,000 (range AED 1,062,000 to AED 1,082,000), based on AED 1,028 per sq ft from registered sales up to 23 Sep 2026.

When did unit 601 last sell?

12 May 2025, for AED 1,000,000 (resale). It has 1 registered sale.

What rent can unit 601 make?

A 2 bed in MAG 535 rents for about AED 75,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for MAG 535All sales in MAG 535

Unit 512 · Unit 602