111, MAG 515
Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, MAG 515
What is 111 worth today?
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Source: Dubai Land Department. Updated 25 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 1st of 6
- Parking
- G-30
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,200 /yr
- Last sold
- AED 455K · November 2019
- Building
- MAG 515
About 111, MAG 515
111 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 7 November 2019 for AED 455,000, or AED 942 per sqft, in line with the AED 925 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 25 September 2026, is AED 49,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 8,200 a year.
Sales and rents for 111 over time
111 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 111 sits
All 60 1-beds →111 last sold in November 2019 at AED 942 per sqft, in line with what one-beds in MAG 515 were fetching at the time (AED 925). 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. 111's AED 49,000 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 | |
| 104 | 1-bed | 478 sqft | AED 444KAED 443,758 · Jul 2017July 2017 | 50,000 /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 | |
| 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 |
111, MAG 515 in numbers
- Sold once: by MAG on 7 November 2019 for AED 455,000, or AED 942 per sqft.
- Rented since September 2020 on 7 Ejari contracts, from AED 23,000 to AED 49,000 a year.
- At AED 49,000 a year the gross yield on the 2019 price is 10.8%, 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 25 September 2026.
Questions about 111, MAG 515
What did unit 111 last sell for?
AED 455,000 on 7 November 2019, sold by the developer: AED 942 per sqft for 483 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 49,000 a year on the contract signed on 25 September 2026. The previous contract, from March 2025, was AED 33,880; the unit has been rented since September 2020.
How big is unit 111?
483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 111 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 111, MAG 515
Starts from the last sale price (AED 455K, 7 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 455,000
- Deposit, UAE resident (20%)
- AED 91,000
- Deposit, non-resident (40%)
- AED 182,000
- Monthly over 25 years at 3.7%
- AED 1,862
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →