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Studio · 360 sqftMAG 515, Dubai South · 5th floor · completed 2020

522, MAG 515

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 522 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 430K16 June 2025
Current rentAED 42K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 522, MAG 515

What is 522 worth today?

Last sold for AED 430,000 in 2025

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25 Jan 2026RentedNew contract
AED 42,000/yr12 months · AED 118 per sqft
8 Jul 2025RentedRenewal
AED 37,000/yr12 months · AED 104 per sqft
16 Jun 2025SoldReady
AED 430,000AED 1,194 per sqft
8 Jul 2024RentedNew contract
AED 37,000/yr12 months · AED 104 per sqft
5 Jun 2021RentedNew contract
AED 17,000/yr12 months · AED 48 per sqft
15 Mar 2020RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft
29 May 2019Sold by developerOff-plan
AED 360,000AED 999 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
5th of 6
Parking
G-113
Developer
MAG
Completed
2020
Service charge
AED 6,100 /yr
Last sold
AED 430K · June 2025
Building
MAG 515

About 522, MAG 515

522 is a studio of 360 sqft on the 5th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 16 June 2025 for AED 430,000, or AED 1,194 per sqft, 16% above the AED 1,033 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 25 January 2026, is AED 42,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 6,100 a year.

Sales and rents for 522 over time

Sales
Unit 522, each saleTypical studio in MAG 515
300K400K2017202020232026Typical sale price by year: 2017 AED 365,000; 2018 AED 372,140; 2019 AED 360,000; 2021 AED 275,000; 2022 AED 260,000; 2023 AED 323,140; 2024 AED 415,000; 2025 AED 415,000Sold by developer, May 2019: AED 360,000 (AED 999 per sqft)Sold, June 2025: AED 430,000 (AED 1,194 per sqft)

522 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 522, each contractTypical studio in MAG 515
20K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 18,000; 2022 AED 20,500; 2023 AED 24,967; 2024 AED 33,457; 2025 AED 40,000; 2026 AED 40,000New contract, March 2020: AED 20,000 a yearNew contract, June 2021: AED 17,000 a yearNew contract, July 2024: AED 37,000 a yearRenewal, July 2025: AED 37,000 a yearNew contract, January 2026: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 515, and where 522 sits

All 60 studios →

522 last sold in June 2025 at AED 1,194 per sqft, 16% above what studios in MAG 515 were fetching at the time (AED 1,033). Over the last 12 months studios sold for AED 475,000 to 480,000, around AED 1,210 per sqft, and rent for AED 25,000 to 54,000 a year. 522's AED 42,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
19 Aug 2026475,000
25 Jun 2026480,000
19 Aug 2025525,000
10 Jul 2025460,000
2 studio 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

522, MAG 515 in numbers

  • Sold twice: first on 29 May 2019 for AED 360,000, last on 16 June 2025 for AED 430,000 (AED 1,194 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 20,000 to AED 17,000 in 2021 and recovered to AED 42,000 by January 2026.
  • At AED 42,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 6,100 a year (AED 17.07 per sqft).
  • Studios in MAG 515 sold for AED 475,000–480,000 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 January 2026.

Questions about 522, MAG 515

What did unit 522 last sell for?

AED 430,000 on 16 June 2025: AED 1,194 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 360,000 in May 2019.

What is the rent for unit 522?

AED 42,000 a year on the contract signed on 25 January 2026. The previous contract, from July 2025, was AED 37,000; the unit has been rented since March 2020.

How big is unit 522?

360 sqft (33.4 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 522 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 515 sold for AED 475,000 to 480,000 in the last 12 months, around AED 1,210 per sqft.

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Mortgage on 522, MAG 515

Starts from the last sale price (AED 430K, 16 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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