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1-bed · 623 sqftMAG 515, Dubai South · 5th floor · completed 2020

513, MAG 515

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 18 January 2026
Last soldAED 467K3 July 2018
Current rentAED 58K /yr18 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, MAG 515

What is 513 worth today?

Last sold for AED 466,695 in 2018

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18 Jan 2026RentedNew contract
AED 58,000/yr12 months · AED 93 per sqft
18 Jan 2026RentedNew contract
AED 58,000/yr12 months · AED 93 per sqft
1 Jan 2025RentedNew contract
AED 52,000/yr12 months · AED 83 per sqft
20 Dec 2023RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
20 Dec 2022RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
1 May 2021RentedRenewal
AED 28,000/yr12 months · AED 45 per sqft
1 May 2020RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
3 Jul 2018Sold by developerOff-plan
AED 466,695AED 748 per sqft

Source: Dubai Land Department. Updated 18 January 2026.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
5th of 6
Parking
G-104
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 467K · July 2018
Building
MAG 515

About 513, MAG 515

513 is a one-bedroom apartment of 623 sqft on the 5th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 3 July 2018 for AED 466,695, or AED 748 per sqft, 18% below the AED 915 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 18 January 2026, is AED 58,000 a year: a gross yield of 12.4% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, July 2018: AED 466,695 (AED 748 per sqft)

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

Rents
Unit 513, 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, May 2020: AED 28,000 a yearRenewal, May 2021: AED 28,000 a yearNew contract, December 2022: AED 30,000 a yearRenewal, December 2023: AED 35,000 a yearNew contract, January 2025: AED 52,000 a yearNew contract, January 2026: AED 58,000 a yearNew contract, January 2026: AED 58,000 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 513 sits

All 60 1-beds →

513 last sold in July 2018 at AED 748 per sqft, 18% 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. 513's AED 58,000 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 5th floor

All 132 units in MAG 515
Value
5011-bedAED 550K · Mar 2018
502StudioAED 250K · Sep 2020
503StudioAED 350K · May 2019
5041-bedAED 499K · Nov 2023
5052-bedAED 638K · May 2018
5061-bedAED 490K · Jan 2025
507StudioAED 365K · Mar 2018
1–7 of 21

513, MAG 515 in numbers

  • Sold once: by MAG on 3 July 2018 for AED 466,695, or AED 748 per sqft.
  • Rented since May 2020 on 7 Ejari contracts, from AED 28,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2018 price is 12.4%, 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 18 January 2026.

Questions about 513, MAG 515

What did unit 513 last sell for?

AED 466,695 on 3 July 2018, sold by the developer: AED 748 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 58,000 a year on the contract signed on 18 January 2026. The previous contract, from January 2026, was AED 58,000; the unit has been rented since May 2020.

How big is unit 513?

623 sqft (57.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 513 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 513, MAG 515

Starts from the last sale price (AED 467K, 3 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 466,695
Deposit, UAE resident (20%)
AED 93,339
Deposit, non-resident (40%)
AED 186,678
Monthly over 25 years at 3.7%
AED 1,909

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