1-bed · 483 sqftMAG 515, Dubai South · 6th floor · completed 2020

606, MAG 515

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 3 June 2026
Last soldAED 450K5 May 2019
Current rentAED 47K /yr3 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, MAG 515

What is 606 worth today?

Last sold for AED 450,000 in 2019

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3 Jun 2026RentedRenewal
AED 47,250/yr12 months · AED 98 per sqft
3 Jun 2025RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
2 May 2023RentedNew contract
AED 30,000/yr12 months · AED 62 per sqft
15 Apr 2022RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
5 May 2019Sold by developerOff-plan
AED 450,000AED 931 per sqft

Source: Dubai Land Department. Updated 3 June 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
6th of 6
Parking
G-45
Developer
MAG
Completed
2020
Service charge
AED 8,200 /yr
Last sold
AED 450K · May 2019
Building
MAG 515

About 606, MAG 515

606 is a one-bedroom apartment of 483 sqft on the 6th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 5 May 2019 for AED 450,000, or AED 931 per sqft, in line with the AED 921 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 3 June 2026, is AED 47,250 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 8,200 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, May 2019: AED 450,000 (AED 931 per sqft)

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

Rents
Unit 606, 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, April 2022: AED 24,000 a yearNew contract, May 2023: AED 30,000 a yearNew contract, June 2025: AED 45,000 a yearRenewal, June 2026: AED 47,250 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 606 sits

All 60 1-beds →

606 last sold in May 2019 at AED 931 per sqft, in line with what one-beds in MAG 515 were fetching at the time (AED 921). 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. 606's AED 47,250 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 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
6052-bedAED 600K · May 2024
607StudioAED 360K · Jun 2024
608StudioAED 275K · Jul 2021
1–7 of 21

606, MAG 515 in numbers

  • Sold once: by MAG on 5 May 2019 for AED 450,000, or AED 931 per sqft.
  • Rented since April 2022 on 4 Ejari contracts, from AED 24,000 to AED 47,250 a year.
  • At AED 47,250 a year the gross yield on the 2019 price is 10.5%, before a service charge of about AED 8,200 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 3 June 2026.

Questions about 606, MAG 515

What did unit 606 last sell for?

AED 450,000 on 5 May 2019, sold by the developer: AED 931 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 47,250 a year on the contract renewed on 3 June 2026. The previous contract, from June 2025, was AED 45,000; the unit has been rented since April 2022.

How big is unit 606?

483 sqft (44.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 606 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 606, MAG 515

Starts from the last sale price (AED 450K, 5 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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