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1-bed · 628 sqftMAG 515, Dubai South · 2nd floor · completed 2020

201, MAG 515

Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 10 February 2026
Last soldAED 450K5 December 2023
Current rentAED 61K /yr10 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 201, MAG 515

What is 201 worth today?

Last sold for AED 450,000 in 2023

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10 Feb 2026RentedNew contract
AED 61,000/yr12 months · AED 98 per sqft
25 Jan 2025RentedNew contract
AED 59,000/yr12 months · AED 95 per sqft
5 Dec 2023SoldReady
AED 450,000AED 716 per sqft
5 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
3 Aug 2017Sold by developerOff-plan
AED 350,000AED 557 per sqft

Source: Dubai Land Department. Updated 10 February 2026.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
2nd of 6
Parking
G-23
Developer
MAG
Completed
2020
Service charge
AED 10,700 /yr
Last sold
AED 450K · December 2023
Building
MAG 515

About 201, MAG 515

201 is a one-bedroom apartment of 628 sqft on the 2nd floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 5 December 2023 for AED 450,000, or AED 716 per sqft, in line with the AED 727 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 10 February 2026, is AED 61,000 a year: a gross yield of 13.6% on the 2023 price, before the service charge of about AED 10,700 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in MAG 515
400K600K2017202020232026Typical 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, August 2017: AED 350,000 (AED 557 per sqft)Sold, December 2023: AED 450,000 (AED 716 per sqft)

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

Rents
Unit 201, each contractTypical one-bed in MAG 515
20K40K60K2020202220242026Typical 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, October 2020: AED 24,000 a yearNew contract, January 2025: AED 59,000 a yearNew contract, February 2026: AED 61,000 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 201 sits

All 60 1-beds →

201 last sold in December 2023 at AED 716 per sqft, in line with what one-beds in MAG 515 were fetching at the time (AED 727). 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. 201's AED 61,000 is at the top 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 2nd floor

All 132 units in MAG 515
Value
202StudioAED 355K · Jul 2018
203StudioAED 275K · Mar 2023
2041-bedAED 450K · Sep 2019
2052-bedAED 446K · Apr 2021
2061-bedAED 445K · Jul 2019
207StudioAED 310K · Jul 2017
208StudioAED 348K · Sep 2017
1–7 of 21

201, MAG 515 in numbers

  • Sold twice: first on 3 August 2017 for AED 350,000, last on 5 December 2023 for AED 450,000 (AED 716 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 24,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2023 price is 13.6%, before a service charge of about AED 10,700 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 10 February 2026.

Questions about 201, MAG 515

What did unit 201 last sell for?

AED 450,000 on 5 December 2023: AED 716 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 350,000 in August 2017.

What is the rent for unit 201?

AED 61,000 a year on the contract signed on 10 February 2026. The previous contract, from January 2025, was AED 59,000; the unit has been rented since October 2020.

How big is unit 201?

628 sqft (58.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 201 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 201, MAG 515

Starts from the last sale price (AED 450K, 5 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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