2-bed · 669 sqftMAG 515, Dubai South · 2nd floor · completed 2020

205, MAG 515

Sold prices and rental history: sold once, by the developer in April 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 14 April 2021
Last soldAED 446K14 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, MAG 515

What is 205 worth today?

Last sold for AED 445,919 in 2021

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14 Apr 2021Sold by developerReady
AED 445,919AED 666 per sqft

Source: Dubai Land Department. Updated 14 April 2021.

Key facts

Type
2-bed apartment
Size
669 sqft
Floor
2nd of 6
Parking
G-27
Developer
MAG
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 446K · April 2021
Building
MAG 515

About 205, MAG 515

205 is a two-bedroom apartment of 669 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 14 April 2021 for AED 445,919, or AED 666 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in MAG 515
500K600K201720192021Typical sale price by year: 2017 AED 620,000; 2018 AED 594,000Sold by developer, April 2021: AED 445,919 (AED 666 per sqft)

205 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 205, each contractTypical two-bed in MAG 515
40K60K2020202220242026Typical rent by year: 2020 AED 33,000; 2021 AED 33,000; 2022 AED 31,500; 2023 AED 40,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 515, and where 205 sits

All 12 2-beds →

Over the last 12 months two-beds sold for AED 725,000 to 730,000, around AED 1,090 per sqft, and rent for AED 60,000 to 67,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jul 2026730,000
26 Feb 2026725,000
29 Jan 2025667,000
24 May 2024600,000
2 2-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
2011-bedAED 450K · Dec 2023
202StudioAED 355K · Jul 2018
203StudioAED 275K · Mar 2023
2041-bedAED 450K · Sep 2019
2061-bedAED 445K · Jul 2019
207StudioAED 310K · Jul 2017
208StudioAED 348K · Sep 2017
1–7 of 21

205, MAG 515 in numbers

  • Sold once: by MAG on 14 April 2021 for AED 445,919, or AED 666 per sqft.
  • Two-beds in MAG 515 sold for AED 725,000–730,000 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 14 April 2021.

Questions about 205, MAG 515

What did unit 205 last sell for?

AED 445,919 on 14 April 2021, sold by the developer: AED 666 per sqft for 669 sqft. It is the only registered sale of the unit.

How big is unit 205?

669 sqft (62.2 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 515 sold for AED 725,000 to 730,000 in the last 12 months, around AED 1,090 per sqft.

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Mortgage on 205, MAG 515

Starts from the last sale price (AED 446K, 14 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 445,919
Deposit, UAE resident (20%)
AED 89,184
Deposit, non-resident (40%)
AED 178,368
Monthly over 25 years at 3.7%
AED 1,824

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