119, MAG 515
Sold prices and rental history: sold twice, last in December 2024, 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 119, MAG 515
What is 119 worth today?
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Source: Dubai Land Department. Updated 22 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 514 sqft
- Floor
- 1st of 6
- Parking
- G-19
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,800 /yr
- Last sold
- AED 500K · December 2024
- Building
- MAG 515
About 119, MAG 515
119 is a one-bedroom apartment of 514 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 December 2024 for AED 499,990, or AED 972 per sqft, in line with the AED 976 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 22 November 2025, is AED 54,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 8,800 a year.
Sales and rents for 119 over time
119 has sold twice; 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 119 sits
All 60 1-beds →119 last sold in December 2024 at AED 972 per sqft, in line with what one-beds in MAG 515 were fetching at the time (AED 976). 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. 119's AED 54,000 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 | |
| 111 | 1-bed | 483 sqft | AED 455KAED 455,000 · Nov 2019November 2019 | 49,000 /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 | |
| 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 |
119, MAG 515 in numbers
- Sold twice: first on 23 August 2017 for AED 470,000, last on 16 December 2024 for AED 499,990 (AED 972 per sqft).
- Rented since January 2020 on 7 Ejari contracts, from AED 24,000 to AED 54,000 a year.
- At AED 54,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 8,800 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 November 2025.
Questions about 119, MAG 515
What did unit 119 last sell for?
AED 499,990 on 16 December 2024: AED 972 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 470,000 in August 2017.
What is the rent for unit 119?
AED 54,000 a year on the contract signed on 22 November 2025. The previous contract, from April 2025, was AED 50,000; the unit has been rented since January 2020.
How big is unit 119?
514 sqft (47.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 119 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 119, MAG 515
Starts from the last sale price (AED 500K, 16 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 499,990
- Deposit, UAE resident (20%)
- AED 99,998
- Deposit, non-resident (40%)
- AED 199,996
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →