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1-bed · 514 sqftMAG 515, Dubai South · 3rd floor · completed 2020

320, MAG 515

Sold prices and rental history: sold 3 times, last in August 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 320 · DLD and Ejari recordsUpdated 25 September 2026
Last soldAED 25K5 August 2026
Current rentAED 45K /yr25 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 320, MAG 515

What is 320 worth today?

Last sold for AED 24,754 in 2026

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25 Sep 2026RentedNew contract
AED 45,000/yr12 months · AED 88 per sqft
5 Aug 2026SoldReady · flagged as an outlier
AED 24,754AED 48 per sqft
19 Mar 2025SoldReady
AED 615,000AED 1,196 per sqft
1 Oct 2024RentedRenewal
AED 35,000/yr12 months · AED 68 per sqft
1 Oct 2023RentedRenewal
AED 28,000/yr12 months · AED 54 per sqft
1 Oct 2022RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
20 Aug 2021RentedRenewal
AED 22,000/yr12 months · AED 43 per sqft
20 Aug 2020RentedNew contract
AED 21,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 25 September 2026.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
3rd of 6
Parking
G-66
Developer
MAG
Completed
2020
Service charge
AED 8,800 /yr
Last sold
AED 25K · August 2026
Building
MAG 515

About 320, MAG 515

320 is a one-bedroom apartment of 514 sqft on the 3rd floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 5 August 2026 for AED 24,754, or AED 48 per sqft, 95% below the AED 995 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 25 September 2026, is AED 45,000 a year: a gross yield of 181.8% on the 2026 price, before the service charge of about AED 8,800 a year.

Sales and rents for 320 over time

Sales
Unit 320, each saleTypical one-bed in MAG 515
500K600K2017202020232026Typical 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 500,000 (AED 973 per sqft)Sold, March 2025: AED 615,000 (AED 1,196 per sqft)

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

Rents
Unit 320, 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, August 2020: AED 21,000 a yearRenewal, August 2021: AED 22,000 a yearNew contract, October 2022: AED 25,000 a yearRenewal, October 2023: AED 28,000 a yearRenewal, October 2024: AED 35,000 a yearNew contract, September 2026: AED 45,000 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 320 sits

All 60 1-beds →

320 last sold in August 2026 at AED 48 per sqft, 95% below what one-beds in MAG 515 were fetching at the time (AED 995). 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. 320's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Aug 2026590,000
22 Jul 202621,043
18 May 2026600,000
14 Jan 202632,436
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

320, MAG 515 in numbers

  • Sold 3 times: first on 29 August 2017 for AED 500,000, last on 5 August 2026 for AED 24,754 (AED 48 per sqft).
  • Rented since August 2020 on 6 Ejari contracts, from AED 21,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2026 price is 181.8%, before a service charge of about AED 8,800 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 25 September 2026.

Questions about 320, MAG 515

What did unit 320 last sell for?

AED 24,754 on 5 August 2026: AED 48 per sqft for 514 sqft. The unit has 3 registered sales; the first was AED 500,000 in August 2017.

What is the rent for unit 320?

AED 45,000 a year on the contract signed on 25 September 2026. The previous contract, from October 2024, was AED 35,000; the unit has been rented since August 2020.

How big is unit 320?

514 sqft (47.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 320 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 320, MAG 515

Starts from the last sale price (AED 25K, 5 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 24,754
Deposit, UAE resident (20%)
AED 4,951
Deposit, non-resident (40%)
AED 9,902
Monthly over 25 years at 3.7%
AED 101

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