Home
Dubai prices
About
Research
1-bed · 483 sqftMAG 515, Dubai South · 1st floor · completed 2020

106, MAG 515

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 480K15 July 2018
Current rentAED 42K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 106

Property timeline for 106, MAG 515

What is 106 worth today?

Last sold for AED 480,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2026RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft
1 Oct 2025RentedRenewal
AED 50,000/yr6 months · AED 103 per sqft
1 Oct 2024RentedNew contract
AED 42,000/yr12 months · AED 87 per sqft
16 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
15 Jul 2018Sold by developerOff-plan
AED 480,000AED 993 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
1st of 6
Parking
G-29
Developer
MAG
Completed
2020
Service charge
AED 8,200 /yr
Last sold
AED 480K · July 2018
Building
MAG 515

About 106, MAG 515

106 is a one-bedroom apartment of 483 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 15 July 2018 for AED 480,000, or AED 993 per sqft, 8% above the AED 918 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 October 2026, is AED 42,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 8,200 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in MAG 515
500K2017202020232026Typical sale price by year: 2017 AED 467,600; 2018 AED 480,000; 2019 AED 480,000; 2022 AED 435,000; 2023 AED 463,731; 2024 AED 572,500; 2025 AED 545,000Sold by developer, July 2018: AED 480,000 (AED 993 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in MAG 515
20K40K2020202220242026Typical rent by year: 2020 AED 25,000; 2021 AED 24,500; 2022 AED 27,000; 2023 AED 30,400; 2024 AED 37,500; 2025 AED 48,931; 2026 AED 49,000New contract, July 2020: AED 24,000 a yearNew contract, October 2024: AED 42,000 a yearRenewal, October 2025: AED 50,000 a yearNew contract, October 2026: AED 42,000 a year

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 106 sits

All 60 1-beds →

106 last sold in July 2018 at AED 993 per sqft, 8% above what one-beds in MAG 515 were fetching at the time (AED 918). 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. 106's AED 42,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Aug 2026590,000
5 Aug 202624,754
22 Jul 202621,043
18 May 2026600,000
5 1-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
1052-bedAED 228K · Dec 2022
107StudioAED 240K · Mar 2021
108StudioAED 360K · Jul 2018
1–7 of 21

106, MAG 515 in numbers

  • Sold once: by MAG on 15 July 2018 for AED 480,000, or AED 993 per sqft.
  • Rented since July 2020 on 4 Ejari contracts, from AED 24,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2018 price is 8.8%, 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 15 October 2026.

Questions about 106, MAG 515

What did unit 106 last sell for?

AED 480,000 on 15 July 2018, sold by the developer: AED 993 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 42,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since July 2020.

How big is unit 106?

483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 106 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.

Selling 106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 106, MAG 515

Starts from the last sale price (AED 480K, 15 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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