
104, MAG 515
Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 104, MAG 515
What is 104 worth today?
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Source: Dubai Land Department. Updated 22 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 1st of 6
- Parking
- G-04
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,200 /yr
- Last sold
- AED 444K · July 2017
- Building
- MAG 515
About 104, MAG 515
104 is a one-bedroom apartment of 478 sqft on the 1st floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 19 July 2017 for AED 443,758, or AED 927 per sqft.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 22 May 2025, is AED 50,000 a year: a gross yield of 11.3% on the 2017 price, before the service charge of about AED 8,200 a year.
Sales and rents for 104 over time
104 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in MAG 515, and where 104 sits
All 60 1-beds →Over the last 12 months one-beds sold for AED 590,000 to 600,000, around AED 1,087 per sqft, and rent for AED 35,000 to 61,000 a year. 104's AED 50,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Aug 202612 August 2026 | 483 sqft | 590,000 | 1,221 | ||
| 5 Aug 20265 August 2026 | 514 sqft | 24,754 | 48 | ||
| 22 Jul 202622 July 2026 | 478 sqft | 21,043 | 44 | ||
| 18 May 202618 May 2026 | 629 sqft | 600,000 | 953 |
MAG 515
Building132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 9 sold in the last 12 months.
- Typical price per sqft
- AED 1,092
- Typical sale
- AED 595K
- Typical rent
- AED 43K /yr
- Typical yield
- 8.8%
Other units on the 1st floor
All 132 units in MAG 515| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 400KAED 400,000 · Feb 2022February 2022 | 34,000 /yr | |
| 102 | Studio | 387 sqft | AED 390KAED 390,000 · Oct 2017October 2017 | 18,000 /yr | |
| 103 | Studio | 365 sqft | AED 370KAED 370,000 · Oct 2018October 2018 | 37,000 /yr | |
| 105 | 2-bed | 669 sqft | AED 228KAED 227,668 · Dec 2022December 2022 | 65,500 /yr | |
| 106 | 1-bed | 483 sqft | AED 480KAED 480,000 · Jul 2018July 2018 | 42,000 /yr | |
| 107 | Studio | 387 sqft | AED 240KAED 240,000 · Mar 2021March 2021 | 40,000 /yr | |
| 108 | Studio | 347 sqft | AED 360KAED 360,000 · Jul 2018July 2018 | 19,000 /yr | |
| 109 | 1-bed | 478 sqft | AED 21KAED 21,043 · Jul 2026July 2026 | 51,000 /yr | |
| 110 | 2-bed | 665 sqft | AED 580KAED 580,000 · Sep 2018September 2018 | 60,000 /yr | |
| 111 | 1-bed | 483 sqft | AED 455KAED 455,000 · Nov 2019November 2019 | 49,000 /yr | |
| 112 | 1-bed | 656 sqft | AED 512KAED 511,500 · Nov 2019November 2019 | 50,000 /yr | |
| 113 | 1-bed | 622 sqft | AED 645KAED 645,000 · Sep 2025September 2025 | 40,000 /yr | |
| 114 | 1-bed | 638 sqft | AED 435KAED 435,000 · Oct 2022October 2022 | 44,000 /yr | |
| 115 | Studio | 410 sqft | AED 373KAED 373,000 · Feb 2018February 2018 | 35,700 /yr | |
| 116 | Studio | 410 sqft | AED 377KAED 376,602 · Aug 2017August 2017 | 38,000 /yr | |
| 117 | Studio | 437 sqft | AED 400KAED 400,000 · Jun 2024June 2024 | 38,000 /yr | |
| 118 | Studio | 437 sqft | AED 425KAED 425,000 · Oct 2024October 2024 | 42,000 /yr | |
| 119 | 1-bed | 514 sqft | AED 500KAED 499,990 · Dec 2024December 2024 | 54,000 /yr | |
| 120 | 1-bed | 514 sqft | AED 474KAED 474,000 · Oct 2017October 2017 | 50,000 /yr | |
| 121 | Studio | 360 sqft | AED 380KAED 380,000 · Aug 2017August 2017 | 40,000 /yr | |
| 122 | Studio | 360 sqft | AED 480KAED 480,000 · Jun 2026June 2026 | 38,000 /yr |
104, MAG 515 in numbers
- Sold once: by MAG on 19 July 2017 for AED 443,758, or AED 927 per sqft.
- Rented since December 2019 on 7 Ejari contracts, from AED 24,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2017 price is 11.3%, before a service charge of about AED 8,200 a year (AED 17.07 per sqft).
- One-beds in MAG 515 sold for AED 590,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 1,092 per sqft.
Source: Dubai Land Department. Updated 22 May 2025.
Questions about 104, MAG 515
What did unit 104 last sell for?
AED 443,758 on 19 July 2017, sold by the developer: AED 927 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit 104?
AED 50,000 a year on the contract signed on 22 May 2025. The previous contract, from March 2024, was AED 44,000; the unit has been rented since December 2019.
How big is unit 104?
478 sqft (44.4 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 104 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 515 sold for AED 590,000 to 600,000 in the last 12 months, around AED 1,087 per sqft.
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Mortgage on 104, MAG 515
Starts from the last sale price (AED 444K, 19 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 443,758
- Deposit, UAE resident (20%)
- AED 88,752
- Deposit, non-resident (40%)
- AED 177,503
- Monthly over 25 years at 3.7%
- AED 1,816
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →