204, MAG 515
Sold prices and rental history: sold once, by the developer in September 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, MAG 515
What is 204 worth today?
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Source: Dubai Land Department. Updated 23 September 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 2nd of 6
- Parking
- G-26
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,200 /yr
- Last sold
- AED 450K · September 2019
- Building
- MAG 515
About 204, MAG 515
204 is a one-bedroom apartment of 478 sqft on the 2nd floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 23 September 2019 for AED 450,000, or AED 940 per sqft, in line with the AED 921 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 204 over time
204 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 204 sits
All 60 1-beds →204 last sold in September 2019 at AED 940 per sqft, in line with what one-beds in MAG 515 were fetching at the time (AED 921). 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.
| 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 2nd floor
All 132 units in MAG 515| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 450KAED 450,000 · Dec 2023December 2023 | 61,000 /yr | |
| 202 | Studio | 387 sqft | AED 355KAED 355,000 · Jul 2018July 2018 | 38,000 /yr | |
| 203 | Studio | 365 sqft | AED 275KAED 275,000 · Mar 2023March 2023 | 33,000 /yr | |
| 205 | 2-bed | 669 sqft | AED 446KAED 445,919 · Apr 2021April 2021 | ||
| 206 | 1-bed | 483 sqft | AED 445KAED 445,000 · Jul 2019July 2019 | 52,000 /yr | |
| 207 | Studio | 387 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 39,900 /yr | |
| 208 | Studio | 347 sqft | AED 348KAED 347,900 · Sep 2017September 2017 | 40,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 453KAED 453,000 · Sep 2017September 2017 | 52,000 /yr | |
| 210 | 2-bed | 666 sqft | AED 600KAED 600,000 · Oct 2017October 2017 | 60,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 460KAED 460,000 · Sep 2017September 2017 | 46,000 /yr | |
| 212 | 1-bed | 656 sqft | AED 480KAED 480,000 · Jun 2019June 2019 | 52,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 535KAED 534,500 · Apr 2018April 2018 | 50,000 /yr | |
| 214 | 1-bed | 638 sqft | AED 625KAED 625,000 · Sep 2024September 2024 | 56,000 /yr | |
| 215 | Studio | 410 sqft | AED 385KAED 385,000 · Aug 2017August 2017 | 27,500 /yr | |
| 216 | Studio | 410 sqft | AED 395KAED 395,000 · Oct 2019October 2019 | 45,000 /yr | |
| 217 | Studio | 437 sqft | AED 415KAED 415,000 · Dec 2024December 2024 | 19,000 /yr | |
| 218 | Studio | 437 sqft | AED 475KAED 475,000 · Aug 2026August 2026 | 43,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 495KAED 495,000 · Aug 2017August 2017 | ||
| 220 | 1-bed | 514 sqft | AED 500KAED 500,000 · Apr 2019April 2019 | 47,000 /yr | |
| 221 | Studio | 360 sqft | AED 260KAED 260,000 · Sep 2022September 2022 | 40,000 /yr | |
| 222 | Studio | 360 sqft | AED 265KAED 265,000 · Sep 2022September 2022 | 45,000 /yr |
204, MAG 515 in numbers
- Sold once: by MAG on 23 September 2019 for AED 450,000, or AED 940 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 23 September 2019.
Questions about 204, MAG 515
What did unit 204 last sell for?
AED 450,000 on 23 September 2019, sold by the developer: AED 940 per sqft for 478 sqft. It is the only registered sale of the unit.
How big is unit 204?
478 sqft (44.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 204 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 204? Put it on the OpenOffers board
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Mortgage on 204, MAG 515
Starts from the last sale price (AED 450K, 23 September 2019). 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 →