305, MAG 515
Sold prices and rental history: sold twice, last in February 2026, 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 305, MAG 515
What is 305 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 669 sqft
- Floor
- 3rd of 6
- Parking
- G-51
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 11,400 /yr
- Last sold
- AED 725K · February 2026
- Building
- MAG 515
About 305, MAG 515
305 is a two-bedroom apartment of 669 sqft on the 3rd floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 26 February 2026 for AED 725,000, or AED 1,083 per sqft.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 August 2025, is AED 60,000 a year: a gross yield of 8.3% on the 2026 price, before the service charge of about AED 11,400 a year.
Sales and rents for 305 over time
305 has sold twice; the dashed line is the two-bed median of each year in the building.
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 305 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. 305's AED 60,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jul 202620 July 2026 | 666 sqft | 730,000 | 1,096 | ||
| 29 Jan 202529 January 2025 | 666 sqft | 667,000 | 1,001 | ||
| 24 May 202424 May 2024 | 669 sqft | 600,000 | 896 | ||
| 12 Feb 202412 February 2024 | 669 sqft | 486,600 | 726 |
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 3rd floor
All 132 units in MAG 515| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 490KAED 490,000 · May 2024May 2024 | 45,000 /yr | |
| 302 | Studio | 387 sqft | AED 390KAED 390,000 · Jan 2018January 2018 | 27,500 /yr | |
| 303 | Studio | 365 sqft | AED 415KAED 415,000 · May 2025May 2025 | 35,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 470KAED 470,250 · Sep 2018September 2018 | 39,893 /yr | |
| 306 | 1-bed | 483 sqft | AED 448KAED 447,700 · Mar 2018March 2018 | 50,000 /yr | |
| 307 | Studio | 387 sqft | AED 400KAED 400,000 · Dec 2024December 2024 | 36,000 /yr | |
| 308 | Studio | 347 sqft | AED 270KAED 270,000 · Apr 2023April 2023 | 25,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 540KAED 540,000 · Apr 2025April 2025 | 55,000 /yr | |
| 310 | 2-bed | 666 sqft | AED 730KAED 730,000 · Jul 2026July 2026 | 67,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 590KAED 590,000 · Aug 2026August 2026 | 33,000 /yr | |
| 312 | 1-bed | 656 sqft | AED 555KAED 555,000 · Sep 2018September 2018 | 41,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 515KAED 515,234 · Nov 2017November 2017 | 60,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 584KAED 584,000 · Aug 2017August 2017 | 23,000 /yr | |
| 315 | Studio | 410 sqft | AED 375KAED 375,000 · Aug 2022August 2022 | 23,000 /yr | |
| 316 | Studio | 410 sqft | AED 400KAED 400,000 · Dec 2017December 2017 | 43,000 /yr | |
| 317 | Studio | 437 sqft | AED 320KAED 320,000 · May 2019May 2019 | 34,000 /yr | |
| 318 | Studio | 437 sqft | AED 405KAED 405,000 · Oct 2017October 2017 | 26,500 /yr | |
| 319 | 1-bed | 514 sqft | AED 500KAED 500,000 · Jul 2019July 2019 | 47,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 25KAED 24,754 · Aug 2026August 2026 | 45,000 /yr | |
| 321 | Studio | 360 sqft | AED 355KAED 355,000 · Sep 2017September 2017 | 38,000 /yr | |
| 322 | Studio | 360 sqft | AED 355KAED 355,000 · Sep 2017September 2017 | 40,000 /yr |
305, MAG 515 in numbers
- Sold twice: first on 13 November 2017 for AED 650,000, last on 26 February 2026 for AED 725,000 (AED 1,083 per sqft).
- Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 33,000 to AED 25,000 in 2021 and recovered to AED 60,000 by August 2025.
- At AED 60,000 a year the gross yield on the 2026 price is 8.3%, before a service charge of about AED 11,400 a year (AED 17.07 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 26 February 2026.
Questions about 305, MAG 515
What did unit 305 last sell for?
AED 725,000 on 26 February 2026: AED 1,083 per sqft for 669 sqft. The unit has 2 registered sales; the first was AED 650,000 in November 2017.
What is the rent for unit 305?
AED 60,000 a year on the contract signed on 15 August 2025. The previous contract, from December 2023, was AED 40,000; the unit has been rented since March 2020.
How big is unit 305?
669 sqft (62.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 305 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.
Selling 305? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 305, MAG 515
Starts from the last sale price (AED 725K, 26 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →