Ready building · MAG

MAG 535, Dubai South

Name: Registered property sales in MAG 535
Creator: Dubai Land Department

Highlights

MAG 535 at a glance

About MAG 535

MAG 535 is a residential building in Dubai South, Dubai, developed by MAG. It holds about 86 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments.

The building was completed in 2020 and has been in use for about 6 years. 7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,020 per sq ft.

In a nutshell

A residential ready building
Located in Dubai South, Dubai
Developed by MAG
Completed in Q1 2020
Unit types: Studio, 1 Bed, 2 Beds, 3 Beds
Sizes from 470 to 2,530 sq ft
Service charge from AED 17.72 per sq ft

Status: Ready
Developer: MAG
Location: Dubai South, Dubai
Completed: Q1 2020
Unit types: Studio, 1 Bed, 2 Beds, 3 Beds
Prices from: AED 350.0K
Median price per sq ft: AED 1,020
Median gross yield: 6.9%
Service charge: AED 17.72 per sq ft (2026)

Photos of MAG 535

Building details

Inside MAG 535

Properties in MAG 535

Studios in MAG 535

There are about 12 of these in MAG 535, from 470 to 480 sq ft. None has sold recently enough to quote a price.

1-bedroom apartments in MAG 535

There are about 48 of these in MAG 535, from 630 to 670 sq ft. They have recently sold for a median of AED 700.0K, or AED 1,100 per sq ft. Owners who resold made a median 8% over what they paid.

2-bedroom apartments in MAG 535

There are about 24 of these in MAG 535, from 970 to 1,040 sq ft. They have recently sold for a median of AED 1.0M, or AED 1,020 per sq ft. Owners who resold made a median 3% over what they paid.

3-bedroom apartments in MAG 535

There are about 2 of these in MAG 535, from 2,530 sq ft. They have recently sold for a median of AED 1.7M, or AED 650 per sq ft.

Unit types in MAG 535 with sizes, median prices and rents
Unit type	Units	Size	Median price	Median rent
Studio	12	470 sqft43.7 sqmt – 480 sqft44.6 sqmt	No recent sales	–
1 Bed	48	630 sqft58.5 sqmt – 670 sqft62.2 sqmt	AED 700K	AED 48K
2 Beds	24	970 sqft90.1 sqmt – 1,040 sqft96.6 sqmt	AED 1M	–
3 Beds	2	2,530 sqft235 sqmt	AED 1.7M	–

Sale trends in MAG 535

Median sale price

AED 695K

Median per sq ft

AED 1,020

Median gross yield

6.9%

Price ranges from the most recent registered sales, by unit type:

1-bedroom apartments: AED 500.0K to AED 780.0K (637 to 667 sq ft), across 13 sales
2-bedroom apartments: AED 1.0M to AED 1.1M (966 to 1,041 sq ft), across 5 sales
3-bedroom apartments: one sale at AED 1.7M (2,531 sq ft)
Studios: one sale at AED 540.0K (476 sq ft)

Rental trends in MAG 535

1-bedroom homes in MAG 535 were let for AED 40.0K to AED 55.0K a year across 6 recent contracts, with a median of AED 48.0K.

Yearly rents from recent registered contracts, by unit type:

1-bedroom apartments: AED 40.0K to AED 55.0K a year (637 to 667 sq ft), across 6 contracts

Recent transactions in MAG 535

Recent registered sales in MAG 535
LocationStatus and unit	PricePer sqftPer sqmt	SpecsSize and bedrooms	DateSold by
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 690,000AED 1,036 /sqftAED 11,151 /sqmt	666 sqft61.9 sqmt1 Bed	23 Sept 2026Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 1,025,000AED 1,020 /sqftAED 10,979 /sqmt	1,005 sqft93.4 sqmt2 Beds	23 Jul 2026Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 780,000AED 1,169 /sqftAED 12,583 /sqmt	667 sqft62 sqmt1 Bed	17 Feb 2026Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 1,060,000AED 1,052 /sqftAED 11,324 /sqmt	1,008 sqft93.6 sqmt2 Beds	12 Feb 2026Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 700,000AED 1,099 /sqftAED 11,830 /sqmt	637 sqft59.2 sqmt1 Bed	20 Jan 2026Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 1,650,000AED 652 /sqftAED 7,018 /sqmt	2,531 sqft235.1 sqmt3 Beds	20 Jan 2026Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 1,025,000AED 1,020 /sqftAED 10,979 /sqmt	1,005 sqft93.4 sqmt2 Beds	28 Nov 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 650,000AED 976 /sqftAED 10,506 /sqmt	666 sqft61.9 sqmt1 Bed	24 Oct 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 1,000,000AED 1,035 /sqftAED 11,141 /sqmt	966 sqft89.7 sqmt2 Beds	2 Oct 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 750,000AED 1,168 /sqftAED 12,572 /sqmt	642 sqft59.6 sqmt1 Bed	24 Sept 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 650,000AED 1,020 /sqftAED 10,979 /sqmt	637 sqft59.2 sqmt1 Bed	21 Aug 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 700,000AED 1,099 /sqftAED 11,830 /sqmt	637 sqft59.2 sqmt1 Bed	2 Jun 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 1,000,000AED 961 /sqftAED 10,344 /sqmt	1,041 sqft96.7 sqmt2 Beds	12 May 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 595,000AED 927 /sqftAED 9,978 /sqmt	642 sqft59.6 sqmt1 Bed	20 Feb 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 600,000AED 940 /sqftAED 10,118 /sqmt	638 sqft59.3 sqmt1 Bed	16 Jan 2025Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 540,000AED 1,134 /sqftAED 12,206 /sqmt	476 sqft44.2 sqmtStudio	19 Dec 2024Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 500,000AED 779 /sqftAED 8,385 /sqmt	642 sqft59.6 sqmt1 Bed	17 Dec 2024Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 560,000AED 879 /sqftAED 9,461 /sqmt	637 sqft59.2 sqmt1 Bed	1 Oct 2024Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 590,000AED 886 /sqftAED 9,537 /sqmt	666 sqft61.9 sqmt1 Bed	30 Sept 2024Owner
MAG 535, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 640,000AED 961 /sqftAED 10,344 /sqmt	666 sqft61.9 sqmt1 Bed	27 Sept 2024Owner

MAG 535, MAG 5 Boulevard
Dubai South
AED 690K
AED 1,036 /sqftAED 11,151 /sqmt
ReadyApartment
666 sqft61.9 sqmt1 BedOwner23 Sept 2026
MAG 535, MAG 5 Boulevard
Dubai South
AED 1M
AED 1,020 /sqftAED 10,979 /sqmt
ReadyApartment
1,005 sqft93.4 sqmt2 BedsOwner23 Jul 2026
MAG 535, MAG 5 Boulevard
Dubai South
AED 780K
AED 1,169 /sqftAED 12,583 /sqmt
ReadyApartment
667 sqft62 sqmt1 BedOwner17 Feb 2026
MAG 535, MAG 5 Boulevard
Dubai South
AED 1.1M
AED 1,052 /sqftAED 11,324 /sqmt
ReadyApartment
1,008 sqft93.6 sqmt2 BedsOwner12 Feb 2026
MAG 535, MAG 5 Boulevard
Dubai South
AED 700K
AED 1,099 /sqftAED 11,830 /sqmt
ReadyApartment
637 sqft59.2 sqmt1 BedOwner20 Jan 2026
MAG 535, MAG 5 Boulevard
Dubai South
AED 1.7M
AED 652 /sqftAED 7,018 /sqmt
ReadyApartment
2,531 sqft235.1 sqmt3 BedsOwner20 Jan 2026
MAG 535, MAG 5 Boulevard
Dubai South
AED 1M
AED 1,020 /sqftAED 10,979 /sqmt
ReadyApartment
1,005 sqft93.4 sqmt2 BedsOwner28 Nov 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 650K
AED 976 /sqftAED 10,506 /sqmt
ReadyApartment
666 sqft61.9 sqmt1 BedOwner24 Oct 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 1M
AED 1,035 /sqftAED 11,141 /sqmt
ReadyApartment
966 sqft89.7 sqmt2 BedsOwner2 Oct 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 750K
AED 1,168 /sqftAED 12,572 /sqmt
ReadyApartment
642 sqft59.6 sqmt1 BedOwner24 Sept 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 650K
AED 1,020 /sqftAED 10,979 /sqmt
ReadyApartment
637 sqft59.2 sqmt1 BedOwner21 Aug 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 700K
AED 1,099 /sqftAED 11,830 /sqmt
ReadyApartment
637 sqft59.2 sqmt1 BedOwner2 Jun 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 1M
AED 961 /sqftAED 10,344 /sqmt
ReadyApartment
1,041 sqft96.7 sqmt2 BedsOwner12 May 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 595K
AED 927 /sqftAED 9,978 /sqmt
ReadyApartment
642 sqft59.6 sqmt1 BedOwner20 Feb 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 600K
AED 940 /sqftAED 10,118 /sqmt
ReadyApartment
638 sqft59.3 sqmt1 BedOwner16 Jan 2025
MAG 535, MAG 5 Boulevard
Dubai South
AED 540K
AED 1,134 /sqftAED 12,206 /sqmt
ReadyApartment
476 sqft44.2 sqmtStudioOwner19 Dec 2024
MAG 535, MAG 5 Boulevard
Dubai South
AED 500K
AED 779 /sqftAED 8,385 /sqmt
ReadyApartment
642 sqft59.6 sqmt1 BedOwner17 Dec 2024
MAG 535, MAG 5 Boulevard
Dubai South
AED 560K
AED 879 /sqftAED 9,461 /sqmt
ReadyApartment
637 sqft59.2 sqmt1 BedOwner1 Oct 2024
MAG 535, MAG 5 Boulevard
Dubai South
AED 590K
AED 886 /sqftAED 9,537 /sqmt
ReadyApartment
666 sqft61.9 sqmt1 BedOwner30 Sept 2024
MAG 535, MAG 5 Boulevard
Dubai South
AED 640K
AED 961 /sqftAED 10,344 /sqmt
ReadyApartment
666 sqft61.9 sqmt1 BedOwner27 Sept 2024

Recent registered rent contracts in MAG 535
LocationContract and unit	Annual rentAED a year	SpecsSize and bedrooms	Contract dateStart – End
MAG 535, MAG 5 Boulevard, Dubai SouthApartmentNew contract	AED 53,000	642 sqft59.6 sqmt1 Bed	1 Nov 2026to31 Oct 2027
MAG 535, MAG 5 Boulevard, Dubai SouthApartmentNew contract	AED 48,000	642 sqft59.6 sqmt1 Bed	1 Nov 2026to31 Oct 2027
MAG 535, MAG 5 Boulevard, Dubai SouthApartmentRenewal	AED 42,000	637 sqft59.2 sqmt1 Bed	15 Oct 2026to14 Oct 2027
MAG 535, MAG 5 Boulevard, Dubai SouthApartmentRenewal	AED 40,000	667 sqft62 sqmt1 Bed	15 Oct 2026to14 Oct 2027
MAG 535, MAG 5 Boulevard, Dubai SouthApartmentRenewal	AED 55,000	638 sqft59.3 sqmt1 Bed	10 Oct 2026to9 Oct 2027
MAG 535, MAG 5 Boulevard, Dubai SouthApartmentRenewal	AED 48,000	667 sqft62 sqmt1 Bed	10 Oct 2026to9 Oct 2027

MAG 535, MAG 5 Boulevard
Dubai South
AED 53K/yr
ApartmentNew contract
642 sqft59.6 sqmt1 Bed1 Nov 2026to31 Oct 2027
MAG 535, MAG 5 Boulevard
Dubai South
AED 48K/yr
ApartmentNew contract
642 sqft59.6 sqmt1 Bed1 Nov 2026to31 Oct 2027
MAG 535, MAG 5 Boulevard
Dubai South
AED 42K/yr
ApartmentRenewal
637 sqft59.2 sqmt1 Bed15 Oct 2026to14 Oct 2027
MAG 535, MAG 5 Boulevard
Dubai South
AED 40K/yr
ApartmentRenewal
667 sqft62 sqmt1 Bed15 Oct 2026to14 Oct 2027
MAG 535, MAG 5 Boulevard
Dubai South
AED 55K/yr
ApartmentRenewal
638 sqft59.3 sqmt1 Bed10 Oct 2026to9 Oct 2027
MAG 535, MAG 5 Boulevard
Dubai South
AED 48K/yr
ApartmentRenewal
667 sqft62 sqmt1 Bed10 Oct 2026to9 Oct 2027

Every sale in MAG 535 Every rent contract in MAG 535

Service charges in MAG 535

The 2026 service charge in MAG 535 is AED 17.72 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in MAG 535
Unit type	Rate per sq ft	Size	Yearly charge
1 Bed Apartment (2026)	AED 17.72	630 sqft58.5 sqmt – 670 sqft62.2 sqmt	AED 11,164 – AED 11,872
2 Beds Apartment (2026)	AED 17.72	970 sqft90.1 sqmt – 1,040 sqft96.6 sqmt	AED 17,188 – AED 18,429
3 Beds Apartment (2026)	AED 17.72	2,530 sqft235 sqmt	AED 44,832 – AED 44,832
Studio Apartment (2026)	AED 17.72	470 sqft43.7 sqmt – 480 sqft44.6 sqmt	AED 8,328 – AED 8,506

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around MAG 535

Transportation near MAG 535

Schools near MAG 535

The nearest is GEMS Founders School DS DWC-LLC, 2.4 km away. Ratings are the KHDA's latest inspection grades.

GEMS Founders School DS DWC-LLCUK · KHDA: Not inspected yet · 2.4 km
Greenfield International SchoolInternational Baccalaureate · KHDA: Very good · 6 km
South View School L.L.CUK · KHDA: Good · 6.2 km
Dubai International Academy Town SquareInternational Baccalaureate · KHDA: Not inspected yet · 7.1 km
Lycée français international (Branch)French · KHDA: Not inspected yet · 7.2 km
Bright Riders SchoolIndian · KHDA: Good · 8 km

Things to consider about MAG 535

In its favour

Owners who resold have made money: a median gain of up to 8%.
A median gross yield of 6.9% on recent sales.
Ready to move into or let, with no construction risk.
Several schools within 3 km.

Worth checking

Few sales each year, so a resale can take longer and prices move on a handful of deals.

Specialists

Brokers who know MAG 535

These brokers handle sales and lettings in MAG 535 and can tell you what is available now.

Roman Matsaniuk

Property Advisor

Aamir Muzaffar

Assistant Manager

Howard Mall

Senior Property Advisor

Jordan Richard Landsey

Property Advisor

Varsha Geogy

Senior Property Advisor

FAQs

MAG 535: questions answered

MAG 535 was developed by MAG in Dubai South.

MAG 535 is completed in Q1 2020.

Across its 20 most recent registered sales, MAG 535 sold for a median of AED 1,020 per sq ft and AED 695.0K per unit.

Recent yearly contracts in MAG 535 have a median rent of AED 48.0K.

The median gross yield on recently sold units in MAG 535 is 6.9%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in MAG 535 is AED 17.72 per sq ft a year, as registered with the Dubai Land Department.

MAG 535 has Studio (470 to 480 sq ft), 1 Bed (630 to 670 sq ft), 2 Beds (970 to 1,040 sq ft), 3 Beds (2,530 sq ft).

The nearest schools include GEMS Founders School DS DWC-LLC (2.4 km), Greenfield International School (6 km), South View School L.L.C (6.2 km).

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