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1-bed · 622 sqftMAG 515, Dubai South · 4th floor · completed 2020

413, MAG 515

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 10 September 2026
Last soldAED 540K26 December 2017
Current rentAED 39K /yr10 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 413, MAG 515

What is 413 worth today?

Last sold for AED 540,000 in 2017

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10 Sep 2026RentedRenewal
AED 38,600/yr12 months · AED 62 per sqft
10 Sep 2025RentedRenewal
AED 35,070/yr12 months · AED 56 per sqft
10 Sep 2024RentedRenewal
AED 33,400/yr12 months · AED 53 per sqft
10 Sep 2023RentedRenewal
AED 29,000/yr12 months · AED 46 per sqft
10 Sep 2022RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
1 Sep 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
1 Jun 2021RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
1 Feb 2020RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 10 September 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
4th of 6
Parking
G-81
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 540K · December 2017
Building
MAG 515

About 413, MAG 515

413 is a one-bedroom apartment of 622 sqft on the 4th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 26 December 2017 for AED 540,000, or AED 867 per sqft, 5% below the AED 915 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 10 September 2026, is AED 38,600 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 10,600 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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, December 2017: AED 540,000 (AED 867 per sqft)

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

Rents
Unit 413, 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, February 2020: AED 26,000 a yearNew contract, June 2021: AED 25,000 a yearNew contract, September 2021: AED 24,000 a yearNew contract, September 2022: AED 28,000 a yearRenewal, September 2023: AED 29,000 a yearRenewal, September 2024: AED 33,400 a yearRenewal, September 2025: AED 35,070 a yearRenewal, September 2026: AED 38,600 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 413 sits

All 60 1-beds →

413 last sold in December 2017 at AED 867 per sqft, 5% below what one-beds in MAG 515 were fetching at the time (AED 915). 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. 413's AED 38,600 is in the lower 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 4th floor

All 132 units in MAG 515
Value
4011-bedAED 595K · Jul 2024
402StudioAED 460K · Jul 2025
403StudioAED 335K · Apr 2018
4041-bedAED 483K · Sep 2018
4052-bedAED 469K · Jul 2021
4061-bedAED 440K · May 2019
407StudioAED 355K · Oct 2017
1–7 of 21

413, MAG 515 in numbers

  • Sold once: by MAG on 26 December 2017 for AED 540,000, or AED 867 per sqft.
  • Rented since February 2020 on 8 Ejari contracts, from AED 26,000 to AED 38,600 a year.
  • At AED 38,600 a year the gross yield on the 2017 price is 7.1%, 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 10 September 2026.

Questions about 413, MAG 515

What did unit 413 last sell for?

AED 540,000 on 26 December 2017, sold by the developer: AED 867 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 413?

AED 38,600 a year on the contract renewed on 10 September 2026. The previous contract, from September 2025, was AED 35,070; the unit has been rented since February 2020.

How big is unit 413?

622 sqft (57.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 413 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 413, MAG 515

Starts from the last sale price (AED 540K, 26 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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