It appears so. Surprised they didn't bump up the power on the 535i to match the 740i.

__________________
2011 535i, 06/11 Build, Black Sapphire, Black Dakota, Dark Wood, 6mt, PP 1 & 2, Premium Sound, Soft Close Doors, Convenience, Driver Assist, Cold Weather, Nav, SAT, 35% Suntek Tint, BMWPedals, Coded, Xpel Paint Prot.