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2-bed · 669 sqftMAG 515, Dubai South · 1st floor · completed 2020

105, MAG 515

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 105 · DLD and Ejari recordsUpdated 8 June 2026
Last soldAED 228K28 December 2022
Current rentAED 66K /yr8 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 105, MAG 515

What is 105 worth today?

Last sold for AED 227,668 in 2022

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8 Jun 2026RentedNew contract
AED 65,500/yr12 months · AED 98 per sqft
21 Mar 2023RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
28 Dec 2022Sold by developerReady
AED 227,668AED 340 per sqft
4 Aug 2021RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
4 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 8 June 2026.

Key facts

Type
2-bed apartment
Size
669 sqft
Floor
1st of 6
Parking
G-05
Developer
MAG
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 228K · December 2022
Building
MAG 515

About 105, MAG 515

105 is a two-bedroom apartment of 669 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 28 December 2022 for AED 227,668, or AED 340 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 8 June 2026, is AED 65,500 a year: a gross yield of 28.8% on the 2022 price, before the service charge of about AED 11,400 a year.

Sales and rents for 105 over time

Sales
Unit 105, each saleTypical two-bed in MAG 515
200K400K600K2017201920212023Typical sale price by year: 2017 AED 620,000; 2018 AED 594,000Sold by developer, December 2022: AED 227,668 (AED 340 per sqft)

105 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 105, each contractTypical two-bed in MAG 515
40K60K2020202220242026Typical rent by year: 2020 AED 33,000; 2021 AED 33,000; 2022 AED 31,500; 2023 AED 40,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, August 2020: AED 28,000 a yearRenewal, August 2021: AED 28,000 a yearNew contract, March 2023: AED 40,000 a yearNew contract, June 2026: AED 65,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 515, and where 105 sits

All 12 2-beds →

Over the last 12 months two-beds sold for AED 725,000 to 730,000, around AED 1,090 per sqft, and rent for AED 60,000 to 67,000 a year. 105's AED 65,500 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jul 2026730,000
26 Feb 2026725,000
29 Jan 2025667,000
24 May 2024600,000
2 2-bed sales in the last 12 months

MAG 515

Building

132 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%
MAG 515, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 515
Value
1011-bedAED 400K · Feb 2022
102StudioAED 390K · Oct 2017
103StudioAED 370K · Oct 2018
1041-bedAED 444K · Jul 2017
1061-bedAED 480K · Jul 2018
107StudioAED 240K · Mar 2021
108StudioAED 360K · Jul 2018
1–7 of 21

105, MAG 515 in numbers

  • Sold once: by MAG on 28 December 2022 for AED 227,668, or AED 340 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 28,000 to AED 65,500 a year.
  • At AED 65,500 a year the gross yield on the 2022 price is 28.8%, before a service charge of about AED 11,400 a year (AED 17.07 per sqft).
  • Two-beds in MAG 515 sold for AED 725,000–730,000 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 8 June 2026.

Questions about 105, MAG 515

What did unit 105 last sell for?

AED 227,668 on 28 December 2022, sold by the developer: AED 340 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 105?

AED 65,500 a year on the contract signed on 8 June 2026. The previous contract, from March 2023, was AED 40,000; the unit has been rented since August 2020.

How big is unit 105?

669 sqft (62.2 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 105 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 515 sold for AED 725,000 to 730,000 in the last 12 months, around AED 1,090 per sqft.

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Mortgage on 105, MAG 515

Starts from the last sale price (AED 228K, 28 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 227,668
Deposit, UAE resident (20%)
AED 45,534
Deposit, non-resident (40%)
AED 91,067
Monthly over 25 years at 3.7%
AED 931

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →