1-bed · 514 sqftMAG 515, Dubai South · 2nd floor · completed 2020

219, MAG 515

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 219 · DLD and Ejari recordsUpdated 3 August 2017
Last soldAED 495K3 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 219, MAG 515

What is 219 worth today?

Last sold for AED 495,000 in 2017

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3 Aug 2017Sold by developerOff-plan
AED 495,000AED 963 per sqft

Source: Dubai Land Department. Updated 3 August 2017.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
2nd of 6
Parking
G-41
Developer
MAG
Completed
2020
Service charge
AED 8,800 /yr
Last sold
AED 495K · August 2017
Building
MAG 515

About 219, MAG 515

219 is a one-bedroom apartment of 514 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 3 August 2017 for AED 495,000, or AED 963 per sqft, 6% above the AED 911 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 219 over time

Sales
Unit 219, 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, August 2017: AED 495,000 (AED 963 per sqft)

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

Rents
Unit 219, each contractTypical one-bed in MAG 515
40K2020202220242026Typical 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 49,000

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 219 sits

All 60 1-beds →

219 last sold in August 2017 at AED 963 per sqft, 6% above what one-beds in MAG 515 were fetching at the time (AED 911). 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 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

219, MAG 515 in numbers

  • Sold once: by MAG on 3 August 2017 for AED 495,000, or AED 963 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 3 August 2017.

Questions about 219, MAG 515

What did unit 219 last sell for?

AED 495,000 on 3 August 2017, sold by the developer: AED 963 per sqft for 514 sqft. It is the only registered sale of the unit.

How big is unit 219?

514 sqft (47.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 219 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 219, MAG 515

Starts from the last sale price (AED 495K, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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