Home
Dubai prices
About
Blog
1-bed · 622 sqftMAG 515, Dubai South · 1st floor · completed 2020

113, MAG 515

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 16 September 2025
Last soldAED 645K16 September 2025
Current rentAED 40K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 113

Property timeline for 113, MAG 515

What is 113 worth today?

Last sold for AED 645,000 in 2025

Unlock today's estimate, updated daily, with

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

16 Sep 2025SoldReady
AED 645,000AED 1,036 per sqft
15 Aug 2024RentedRenewal
AED 40,000/yr12 months · AED 64 per sqft
15 Aug 2023RentedNew contract
AED 37,000/yr12 months · AED 59 per sqft
25 Jul 2022RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
5 Apr 2022Sold by developerReady
AED 453,620AED 728 per sqft
27 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 16 September 2025.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
1st of 6
Parking
G-13
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 645K · September 2025
Building
MAG 515

About 113, MAG 515

113 is a one-bedroom apartment of 622 sqft on the 1st floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 16 September 2025 for AED 645,000, or AED 1,036 per sqft, 3% below the AED 1,070 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 40,000 a year: a gross yield of 6.2% on the 2025 price, before the service charge of about AED 10,600 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical one-bed in MAG 515
400K500K600K2017202020232026Typical 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, April 2022: AED 453,620 (AED 728 per sqft)Sold, September 2025: AED 645,000 (AED 1,036 per sqft)

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

Rents
Unit 113, 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 2021: AED 24,000 a yearNew contract, July 2022: AED 27,000 a yearNew contract, August 2023: AED 37,000 a yearRenewal, August 2024: AED 40,000 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 113 sits

All 60 1-beds →

113 last sold in September 2025 at AED 1,036 per sqft, 3% below what one-beds in MAG 515 were fetching at the time (AED 1,070). 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. 113's AED 40,000 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
1061-bedAED 480K · Jul 2018
107StudioAED 240K · Mar 2021
1–7 of 21

113, MAG 515 in numbers

  • Sold twice: first on 5 April 2022 for AED 453,620, last on 16 September 2025 for AED 645,000 (AED 1,036 per sqft).
  • Rented since July 2021 on 4 Ejari contracts, from AED 24,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2025 price is 6.2%, before a service charge of about AED 10,600 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 16 September 2025.

Questions about 113, MAG 515

What did unit 113 last sell for?

AED 645,000 on 16 September 2025: AED 1,036 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 453,620 in April 2022.

What is the rent for unit 113?

AED 40,000 a year on the contract renewed on 15 August 2024. The previous contract, from August 2023, was AED 37,000; the unit has been rented since July 2021.

How big is unit 113?

622 sqft (57.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 113 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 113? 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 113, MAG 515

Starts from the last sale price (AED 645K, 16 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 645,000
Deposit, UAE resident (20%)
AED 129,000
Deposit, non-resident (40%)
AED 258,000
Monthly over 25 years at 3.7%
AED 2,639

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