209, MAG 515
Sold prices and rental history: sold once, by the developer in September 2017, 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 209, MAG 515
What is 209 worth today?
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Source: Dubai Land Department. Updated 26 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 2nd of 6
- Parking
- G-28
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,200 /yr
- Last sold
- AED 453K · September 2017
- Building
- MAG 515
About 209, MAG 515
209 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 26 September 2017 for AED 453,000, or AED 947 per sqft, 3% above the AED 915 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, signed on 26 May 2026, is AED 52,000 a year: a gross yield of 11.5% on the 2017 price, before the service charge of about AED 8,200 a year.
Sales and rents for 209 over time
209 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 209 sits
All 60 1-beds →209 last sold in September 2017 at AED 947 per sqft, 3% above what one-beds in MAG 515 were fetching at the time (AED 915). 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. 209's AED 52,000 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 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 | |
| 204 | 1-bed | 478 sqft | AED 450KAED 450,000 · Sep 2019September 2019 | ||
| 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 | |
| 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 |
209, MAG 515 in numbers
- Sold once: by MAG on 26 September 2017 for AED 453,000, or AED 947 per sqft.
- Rented since February 2020 on 8 Ejari contracts, from AED 27,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2017 price is 11.5%, before a service charge of about AED 8,200 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 26 May 2026.
Questions about 209, MAG 515
What did unit 209 last sell for?
AED 453,000 on 26 September 2017, sold by the developer: AED 947 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit 209?
AED 52,000 a year on the contract signed on 26 May 2026. The previous contract, from March 2025, was AED 47,000; the unit has been rented since February 2020.
How big is unit 209?
478 sqft (44.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 209 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 209, MAG 515
Starts from the last sale price (AED 453K, 26 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 453,000
- Deposit, UAE resident (20%)
- AED 90,600
- Deposit, non-resident (40%)
- AED 181,200
- Monthly over 25 years at 3.7%
- AED 1,853
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →