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2-bed · 665 sqftMAG 515, Dubai South · 1st floor · completed 2020

110, MAG 515

Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 30 September 2025
Last soldAED 580K27 September 2018
Current rentAED 60K /yr30 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 110, MAG 515

What is 110 worth today?

Last sold for AED 580,000 in 2018

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30 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
26 Apr 2023RentedNew contract
AED 43,000/yr12 months · AED 64 per sqft
1 Jul 2021RentedNew contract
AED 33,600/yr12 months · AED 50 per sqft
27 Sep 2018Sold by developerOff-plan
AED 580,000AED 872 per sqft

Source: Dubai Land Department. Updated 30 September 2025.

Key facts

Type
2-bed apartment
Size
665 sqft
Floor
1st of 6
Parking
G-10
Developer
MAG
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 580K · September 2018
Building
MAG 515

About 110, MAG 515

110 is a two-bedroom apartment of 665 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 27 September 2018 for AED 580,000, or AED 872 per sqft, 5% below the AED 916 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 30 September 2025, is AED 60,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 11,400 a year.

Sales and rents for 110 over time

Sales
Unit 110, each saleTypical two-bed in MAG 515
580K600K620K201720182019Typical sale price by year: 2017 AED 620,000; 2018 AED 594,000Sold by developer, September 2018: AED 580,000 (AED 872 per sqft)

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

Rents
Unit 110, 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, July 2021: AED 33,600 a yearNew contract, April 2023: AED 43,000 a yearNew contract, September 2025: AED 60,000 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 110 sits

All 12 2-beds →

110 last sold in September 2018 at AED 872 per sqft, 5% below what two-beds in MAG 515 were fetching at the time (AED 916). 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. 110's AED 60,000 is at the bottom 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
1052-bedAED 228K · Dec 2022
1061-bedAED 480K · Jul 2018
107StudioAED 240K · Mar 2021
1–7 of 21

110, MAG 515 in numbers

  • Sold once: by MAG on 27 September 2018 for AED 580,000, or AED 872 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 33,600 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 10.3%, 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 30 September 2025.

Questions about 110, MAG 515

What did unit 110 last sell for?

AED 580,000 on 27 September 2018, sold by the developer: AED 872 per sqft for 665 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 60,000 a year on the contract signed on 30 September 2025. The previous contract, from April 2023, was AED 43,000; the unit has been rented since July 2021.

How big is unit 110?

665 sqft (61.8 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 110 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 110, MAG 515

Starts from the last sale price (AED 580K, 27 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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