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1-bed · 483 sqftMAG 515, Dubai South · 2nd floor · completed 2020

211, 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.

Unit 211 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 460K26 September 2017
Current rentAED 43K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 211, MAG 515

What is 211 worth today?

Last sold for AED 460,000 in 2017

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1 Dec 2025RentedRenewal
AED 43,000/yr12 months · AED 89 per sqft
1 Dec 2025RentedRenewal
AED 46,000/yr12 months · AED 95 per sqft
1 Dec 2024RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
27 Oct 2023RentedNew contract
AED 28,500/yr12 months · AED 59 per sqft
28 Oct 2022RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
17 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft
26 Sep 2017Sold by developerOff-plan
AED 460,000AED 952 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
2nd of 6
Parking
G-32
Developer
MAG
Completed
2020
Service charge
AED 8,200 /yr
Last sold
AED 460K · September 2017
Building
MAG 515

About 211, MAG 515

211 is a one-bedroom apartment of 483 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 460,000, or AED 952 per sqft, 4% above the AED 915 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 43,000 a year: a gross yield of 9.3% on the 2017 price, before the service charge of about AED 8,200 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical one-bed in MAG 515
500K2017202020232026Typical 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, September 2017: AED 460,000 (AED 952 per sqft)

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

Rents
Unit 211, each contractTypical one-bed in MAG 515
20K40K2020202220242026Typical 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 23,000 a yearNew contract, October 2022: AED 27,000 a yearNew contract, October 2023: AED 28,500 a yearNew contract, December 2024: AED 46,000 a yearRenewal, December 2025: AED 43,000 a yearRenewal, December 2025: AED 46,000 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 211 sits

All 60 1-beds →

211 last sold in September 2017 at AED 952 per sqft, 4% 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. 211's AED 43,000 is in the lower half 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
2011-bedAED 450K · Dec 2023
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
1–7 of 21

211, MAG 515 in numbers

  • Sold once: by MAG on 26 September 2017 for AED 460,000, or AED 952 per sqft.
  • Rented since October 2020 on 6 Ejari contracts, from AED 23,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2017 price is 9.3%, 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 1 December 2025.

Questions about 211, MAG 515

What did unit 211 last sell for?

AED 460,000 on 26 September 2017, sold by the developer: AED 952 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 43,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2025, was AED 46,000; the unit has been rented since October 2020.

How big is unit 211?

483 sqft (44.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 211 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 211, MAG 515

Starts from the last sale price (AED 460K, 26 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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