615, MAG 515
Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, MAG 515
What is 615 worth today?
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Source: Dubai Land Department. Updated 4 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 6th of 6
- Parking
- G-128
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,000 /yr
- Last sold
- AED 300K · November 2022
- Building
- MAG 515
About 615, MAG 515
615 is a studio of 410 sqft on the 6th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 November 2022 for AED 300,000, or AED 732 per sqft, in line with the AED 722 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 4 April 2026, is AED 40,000 a year: a gross yield of 13.3% on the 2022 price, before the service charge of about AED 7,000 a year.
Sales and rents for 615 over time
615 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 615 sits
All 60 studios →615 last sold in November 2022 at AED 732 per sqft, in line with what studios in MAG 515 were fetching at the time (AED 722). 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. 615's AED 40,000 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 | |
| 608 | Studio | 349 sqft | AED 275KAED 275,000 · Jul 2021July 2021 | 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 | |
| 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 |
615, MAG 515 in numbers
- Sold twice: first on 3 August 2017 for AED 385,000, last on 3 November 2022 for AED 300,000 (AED 732 per sqft).
- Rented since January 2020 on 6 Ejari contracts. The rent fell from AED 21,000 to AED 17,000 in 2021 and recovered to AED 40,000 by April 2026.
- At AED 40,000 a year the gross yield on the 2022 price is 13.3%, before a service charge of about AED 7,000 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 4 April 2026.
Questions about 615, MAG 515
What did unit 615 last sell for?
AED 300,000 on 3 November 2022: AED 732 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 385,000 in August 2017.
What is the rent for unit 615?
AED 40,000 a year on the contract signed on 4 April 2026. The previous contract, from April 2025, was AED 38,000; the unit has been rented since January 2020.
How big is unit 615?
410 sqft (38.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 615 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 615, MAG 515
Starts from the last sale price (AED 300K, 3 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →