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1-bed · 622 sqftMAG 515, Dubai South · 3rd floor · completed 2020

313, MAG 515

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 515K13 November 2017
Current rentAED 60K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, MAG 515

What is 313 worth today?

Last sold for AED 515,234 in 2017

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1 May 2026RentedRenewal
AED 60,000/yr12 months · AED 96 per sqft
1 May 2025RentedRenewal
AED 55,000/yr12 months · AED 88 per sqft
1 May 2024RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
20 Feb 2023RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
13 Nov 2017Sold by developerOff-plan
AED 515,234AED 827 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
3rd of 6
Parking
G-59
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 515K · November 2017
Building
MAG 515

About 313, MAG 515

313 is a one-bedroom apartment of 622 sqft on the 3rd floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 13 November 2017 for AED 515,234, or AED 827 per sqft, 10% below the AED 919 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 60,000 a year: a gross yield of 11.7% on the 2017 price, before the service charge of about AED 10,600 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, November 2017: AED 515,234 (AED 827 per sqft)

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

Rents
Unit 313, each contractTypical one-bed in MAG 515
20K40K60K2020202220242026Typical 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, February 2023: AED 40,000 a yearNew contract, May 2024: AED 55,000 a yearRenewal, May 2025: AED 55,000 a yearRenewal, May 2026: AED 60,000 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 313 sits

All 60 1-beds →

313 last sold in November 2017 at AED 827 per sqft, 10% below what one-beds in MAG 515 were fetching at the time (AED 919). 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. 313's AED 60,000 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 3rd floor

All 132 units in MAG 515
Value
3011-bedAED 490K · May 2024
302StudioAED 390K · Jan 2018
303StudioAED 415K · May 2025
3041-bedAED 470K · Sep 2018
3052-bedAED 725K · Feb 2026
3061-bedAED 448K · Mar 2018
307StudioAED 400K · Dec 2024
1–7 of 21

313, MAG 515 in numbers

  • Sold once: by MAG on 13 November 2017 for AED 515,234, or AED 827 per sqft.
  • Rented since February 2023 on 4 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 11.7%, 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 1 May 2026.

Questions about 313, MAG 515

What did unit 313 last sell for?

AED 515,234 on 13 November 2017, sold by the developer: AED 827 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 60,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since February 2023.

How big is unit 313?

622 sqft (57.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 313 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 313, MAG 515

Starts from the last sale price (AED 515K, 13 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 515,234
Deposit, UAE resident (20%)
AED 103,047
Deposit, non-resident (40%)
AED 206,094
Monthly over 25 years at 3.7%
AED 2,108

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