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2-bed · 669 sqftMAG 515, Dubai South · 6th floor · completed 2020

605, MAG 515

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 600K24 May 2024
Current rentAED 67K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 605, MAG 515

What is 605 worth today?

Last sold for AED 600,000 in 2024

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15 Dec 2025RentedNew contract
AED 67,000/yr12 months · AED 100 per sqft
5 Nov 2024RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
24 May 2024SoldReady
AED 600,000AED 896 per sqft
12 Feb 2024SoldReady
AED 486,600AED 726 per sqft
25 Sep 2023RentedRenewal
AED 33,000/yr12 months · AED 49 per sqft
25 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
15 Jun 2022Sold by developerReady
AED 440,000AED 657 per sqft
1 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
2-bed apartment
Size
669 sqft
Floor
6th of 6
Parking
G-118
Developer
MAG
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 600K · May 2024
Building
MAG 515

About 605, MAG 515

605 is a two-bedroom apartment of 669 sqft on the 6th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 May 2024 for AED 600,000, or AED 896 per sqft, 10% above the AED 811 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 15 December 2025, is AED 67,000 a year: a gross yield of 11.2% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in MAG 515
500K600K2017201920212023Typical sale price by year: 2017 AED 620,000; 2018 AED 594,000Sold by developer, June 2022: AED 440,000 (AED 657 per sqft)Sold, February 2024: AED 486,600 (AED 726 per sqft)Sold, May 2024: AED 600,000 (AED 896 per sqft)

605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, each contractTypical two-bed in MAG 515
40K60K2020202220242026Typical rent by year: 2020 AED 33,000; 2021 AED 33,000; 2022 AED 31,500; 2023 AED 40,000; 2024 AED 55,000; 2025 AED 60,000; 2026 AED 60,000New contract, June 2021: AED 28,000 a yearNew contract, September 2022: AED 30,000 a yearRenewal, September 2023: AED 33,000 a yearNew contract, November 2024: AED 65,000 a yearNew contract, December 2025: AED 67,000 a year

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

2-beds in MAG 515, and where 605 sits

All 12 2-beds →

605 last sold in May 2024 at AED 896 per sqft, 10% above what two-beds in MAG 515 were fetching at the time (AED 811). Over the last 12 months two-beds sold for AED 725,000 to 730,000, around AED 1,090 per sqft, and rent for AED 60,000 to 67,000 a year. 605's AED 67,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jul 2026730,000
26 Feb 2026725,000
29 Jan 2025667,000
21 Nov 2023608,000
2 2-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 6th floor

All 132 units in MAG 515
Value
6011-bedAED 600K · May 2026
602StudioAED 360K · Apr 2019
603StudioAED 300K · Jul 2017
6041-bedAED 400K · Jul 2017
6061-bedAED 450K · May 2019
607StudioAED 360K · Jun 2024
608StudioAED 275K · Jul 2021
1–7 of 21

605, MAG 515 in numbers

  • Sold 3 times: first on 15 June 2022 for AED 440,000, last on 24 May 2024 for AED 600,000 (AED 896 per sqft).
  • Rented since June 2021 on 5 Ejari contracts, from AED 28,000 to AED 67,000 a year.
  • At AED 67,000 a year the gross yield on the 2024 price is 11.2%, before a service charge of about AED 11,400 a year (AED 17.07 per sqft).
  • Two-beds in MAG 515 sold for AED 725,000–730,000 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 15 December 2025.

Questions about 605, MAG 515

What did unit 605 last sell for?

AED 600,000 on 24 May 2024: AED 896 per sqft for 669 sqft. The unit has 3 registered sales; the first was AED 440,000 in June 2022.

What is the rent for unit 605?

AED 67,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2024, was AED 65,000; the unit has been rented since June 2021.

How big is unit 605?

669 sqft (62.2 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 515 sold for AED 725,000 to 730,000 in the last 12 months, around AED 1,090 per sqft.

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Mortgage on 605, MAG 515

Starts from the last sale price (AED 600K, 24 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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