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1-bed · 622 sqftMAG 515, Dubai South · 2nd floor · completed 2020

213, MAG 515

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 535K12 April 2018
Current rentAED 50K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 213, MAG 515

What is 213 worth today?

Last sold for AED 534,500 in 2018

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20 Jun 2026RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
5 Jun 2025RentedNew contract
AED 50,500/yr12 months · AED 81 per sqft
15 Apr 2023RentedRenewal
AED 30,000/yr12 months · AED 48 per sqft
15 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
1 Mar 2020RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
12 Apr 2018Sold by developerOff-plan
AED 534,500AED 858 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
2nd of 6
Parking
G-74
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 535K · April 2018
Building
MAG 515

About 213, MAG 515

213 is a one-bedroom apartment of 622 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 12 April 2018 for AED 534,500, or AED 858 per sqft, 7% below the AED 918 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 June 2026, is AED 50,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 213 over time

Sales
Unit 213, 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, April 2018: AED 534,500 (AED 858 per sqft)

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

Rents
Unit 213, 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, March 2020: AED 28,000 a yearNew contract, April 2022: AED 28,000 a yearRenewal, April 2023: AED 30,000 a yearNew contract, June 2025: AED 50,500 a yearNew contract, June 2026: AED 50,000 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 213 sits

All 60 1-beds →

213 last sold in April 2018 at AED 858 per sqft, 7% below what one-beds in MAG 515 were fetching at the time (AED 918). 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. 213's AED 50,000 is in the upper 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

213, MAG 515 in numbers

  • Sold once: by MAG on 12 April 2018 for AED 534,500, or AED 858 per sqft.
  • Rented since March 2020 on 5 Ejari contracts, from AED 28,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 9.3%, before a service charge of about AED 10,600 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 20 June 2026.

Questions about 213, MAG 515

What did unit 213 last sell for?

AED 534,500 on 12 April 2018, sold by the developer: AED 858 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 213?

AED 50,000 a year on the contract signed on 20 June 2026. The previous contract, from June 2025, was AED 50,500; the unit has been rented since March 2020.

How big is unit 213?

622 sqft (57.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 213 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 213, MAG 515

Starts from the last sale price (AED 535K, 12 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 534,500
Deposit, UAE resident (20%)
AED 106,900
Deposit, non-resident (40%)
AED 213,800
Monthly over 25 years at 3.7%
AED 2,187

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