608, MAG 515
Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, MAG 515
What is 608 worth today?
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Source: Dubai Land Department. Updated 9 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 349 sqft
- Floor
- 6th of 6
- Parking
- G-121
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,000 /yr
- Last sold
- AED 275K · July 2021
- Building
- MAG 515
About 608, MAG 515
608 is a studio of 349 sqft on the 6th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 29 July 2021 for AED 275,000, or AED 788 per sqft, 23% above the AED 642 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 9 February 2026, is AED 45,000 a year: a gross yield of 16.4% on the 2021 price, before the service charge of about AED 6,000 a year.
Sales and rents for 608 over time
608 has sold twice; the dashed line is the studio median of each year in the building.
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 608 sits
All 60 studios →608 last sold in July 2021 at AED 788 per sqft, 23% above what studios in MAG 515 were fetching at the time (AED 642). 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. 608's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 437 sqft | 475,000 | 1,087 | ||
| 25 Jun 202625 June 2026 | 360 sqft | 480,000 | 1,333 | ||
| 19 Aug 202519 August 2025 | 437 sqft | 525,000 | 1,201 | ||
| 10 Jul 202510 July 2025 | 387 sqft | 460,000 | 1,188 |
MAG 515
Building132 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%
Other units on the 6th floor
All 132 units in MAG 515| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 600KAED 600,000 · May 2026May 2026 | 36,597 /yr | |
| 602 | Studio | 389 sqft | AED 360KAED 360,000 · Apr 2019April 2019 | 18,000 /yr | |
| 603 | Studio | 365 sqft | AED 300KAED 300,000 · Jul 2017July 2017 | 42,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 400KAED 400,000 · Jul 2017July 2017 | 55,000 /yr | |
| 605 | 2-bed | 669 sqft | AED 600KAED 600,000 · May 2024May 2024 | 67,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 450KAED 450,000 · May 2019May 2019 | 47,250 /yr | |
| 607 | Studio | 389 sqft | AED 360KAED 360,000 · Jun 2024June 2024 | 45,000 /yr | |
| 609 | 1-bed | 478 sqft | AED 410KAED 410,000 · Jan 2025January 2025 | 48,000 /yr | |
| 610 | 2-bed | 666 sqft | AED 475KAED 475,000 · Jul 2023July 2023 | 60,000 /yr | |
| 611 | 1-bed | 483 sqft | AED 445KAED 445,000 · Apr 2018April 2018 | 42,000 /yr | |
| 612 | 1-bed | 657 sqft | AED 495KAED 495,000 · Jul 2019July 2019 | ||
| 613 | 1-bed | 623 sqft | AED 523KAED 523,221 · Apr 2019April 2019 | 42,000 /yr | |
| 614 | 1-bed | 638 sqft | AED 480KAED 480,000 · Nov 2019November 2019 | 50,000 /yr | |
| 615 | Studio | 410 sqft | AED 300KAED 300,000 · Nov 2022November 2022 | 40,000 /yr | |
| 616 | Studio | 410 sqft | AED 340KAED 340,000 · Jan 2024January 2024 | 29,492 /yr | |
| 617 | Studio | 437 sqft | AED 400KAED 400,000 · Jul 2025July 2025 | 54,000 /yr | |
| 618 | Studio | 437 sqft | AED 397KAED 396,550 · Jul 2018July 2018 | 42,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 514KAED 513,600 · Nov 2019November 2019 | 52,500 /yr | |
| 620 | 1-bed | 514 sqft | AED 513KAED 513,000 · Oct 2017October 2017 | 50,000 /yr | |
| 621 | Studio | 360 sqft | AED 360KAED 360,000 · Apr 2019April 2019 | 38,000 /yr | |
| 622 | Studio | 360 sqft | AED 380KAED 380,000 · Oct 2017October 2017 | 36,000 /yr |
608, MAG 515 in numbers
- Sold twice: first on 19 July 2018 for AED 346,333, last on 29 July 2021 for AED 275,000 (AED 788 per sqft).
- Rented since January 2022 on 6 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2023 and recovered to AED 45,000 by February 2026.
- At AED 45,000 a year the gross yield on the 2021 price is 16.4%, before a service charge of about AED 6,000 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 9 February 2026.
Questions about 608, MAG 515
What did unit 608 last sell for?
AED 275,000 on 29 July 2021: AED 788 per sqft for 349 sqft. The unit has 2 registered sales; the first was AED 346,333 in July 2018.
What is the rent for unit 608?
AED 45,000 a year on the contract renewed on 9 February 2026. The previous contract, from February 2025, was AED 45,000; the unit has been rented since January 2022.
How big is unit 608?
349 sqft (32.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 608 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 608, MAG 515
Starts from the last sale price (AED 275K, 29 July 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →