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1-bed · 478 sqftMAG 515, Dubai South · 1st floor · completed 2020

109, MAG 515

Sold prices and rental history: sold 4 times, last in July 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 22 July 2026
Last soldAED 21K22 July 2026
Current rentAED 51K /yr8 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, MAG 515

What is 109 worth today?

Last sold for AED 21,043 in 2026

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22 Jul 2026SoldReady · flagged as an outlier
AED 21,043AED 44 per sqft
14 Jan 2026SoldReady · flagged as an outlier
AED 32,436AED 67 per sqft
8 Dec 2025RentedNew contract
AED 51,000/yr12 months · AED 107 per sqft
14 Mar 2025RentedNew contract
AED 29,392/yr8 months · AED 61 per sqft
28 Nov 2024SoldReady
AED 600,000AED 1,254 per sqft
13 Mar 2022RentedNew contract
AED 25,500/yr12 months · AED 53 per sqft
1 Mar 2021RentedRenewal
AED 21,000/yr12 months · AED 44 per sqft
1 Mar 2020RentedNew contract
AED 26,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 22 July 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
1st of 6
Parking
G-09
Developer
MAG
Completed
2020
Service charge
AED 8,200 /yr
Last sold
AED 21K · July 2026
Building
MAG 515

About 109, MAG 515

109 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. It last sold on 22 July 2026 for AED 21,043, or AED 44 per sqft, 96% below the AED 995 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 8 December 2025, is AED 51,000 a year: a gross yield of 242.4% on the 2026 price, before the service charge of about AED 8,200 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in MAG 515
500K600K2017202020232026Typical 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, March 2018: AED 440,000 (AED 920 per sqft)Sold, November 2024: AED 600,000 (AED 1,254 per sqft)

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

Rents
Unit 109, 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, March 2020: AED 26,000 a yearRenewal, March 2021: AED 21,000 a yearNew contract, March 2022: AED 25,500 a yearNew contract, March 2025: AED 29,392 a yearNew contract, December 2025: AED 51,000 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 109 sits

All 60 1-beds →

109 last sold in July 2026 at AED 44 per sqft, 96% below what one-beds in MAG 515 were fetching at the time (AED 995). 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. 109's AED 51,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Aug 2026590,000
5 Aug 202624,754
18 May 2026600,000
16 Sep 2025645,000
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
1061-bedAED 480K · Jul 2018
107StudioAED 240K · Mar 2021
1–7 of 21

109, MAG 515 in numbers

  • Sold 4 times: first on 27 March 2018 for AED 440,000, last on 22 July 2026 for AED 21,043 (AED 44 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 26,000 to AED 21,000 in 2021 and recovered to AED 51,000 by December 2025.
  • At AED 51,000 a year the gross yield on the 2026 price is 242.4%, 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 July 2026.

Questions about 109, MAG 515

What did unit 109 last sell for?

AED 21,043 on 22 July 2026: AED 44 per sqft for 478 sqft. The unit has 4 registered sales; the first was AED 440,000 in March 2018.

What is the rent for unit 109?

AED 51,000 a year on the contract signed on 8 December 2025. The previous contract, from March 2025, was AED 29,392; the unit has been rented since March 2020.

How big is unit 109?

478 sqft (44.4 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 109 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 109, MAG 515

Starts from the last sale price (AED 21K, 22 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 21,043
Deposit, UAE resident (20%)
AED 4,209
Deposit, non-resident (40%)
AED 8,417
Monthly over 25 years at 3.7%
AED 86

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