1-bed · 663 sqftMAG 525, Dubai South · 5th floor · completed 2020

515, MAG 525

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 440K25 December 2023
Current rentAED 58K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, MAG 525

What is 515 worth today?

Last sold for AED 440,000 in 2023

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1 Oct 2026RentedRenewal
AED 57,600/yr12 months · AED 87 per sqft
1 Oct 2025RentedRenewal
AED 57,600/yr12 months · AED 87 per sqft
1 Oct 2024RentedNew contract
AED 57,600/yr12 months · AED 87 per sqft
25 Dec 2023SoldReady
AED 440,000AED 664 per sqft
1 Sep 2023RentedNew contract
AED 36,000/yr12 months · AED 54 per sqft
16 Jul 2019RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
6 Mar 2017Sold by developerOff-plan
AED 560,555AED 846 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
5th of 6
Parking
G-77
Developer
MAG
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 440K · December 2023
Building
MAG 525

About 515, MAG 525

515 is a one-bedroom apartment of 663 sqft on the 5th floor of MAG 525, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 25 December 2023 for AED 440,000, or AED 664 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 57,600 a year: a gross yield of 13.1% on the 2023 price, before the service charge of about AED 11,400 a year.

Sales and rents for 515 over time

Sales
Unit 515, each saleTypical one-bed in MAG 525
400K600K2017202020232026Typical sale price by year: 2017 AED 545,028; 2018 AED 551,308; 2019 AED 552,028; 2022 AED 410,000; 2024 AED 590,000; 2025 AED 680,000; 2026 AED 730,000Sold by developer, March 2017: AED 560,555 (AED 846 per sqft)Sold, December 2023: AED 440,000 (AED 664 per sqft)

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

Rents
Unit 515, each contractTypical one-bed in MAG 525
40K60K201920222025Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,000; 2022 AED 28,000; 2023 AED 32,000; 2024 AED 42,250; 2025 AED 52,000; 2026 AED 52,000New contract, July 2019: AED 28,000 a yearNew contract, September 2023: AED 36,000 a yearNew contract, October 2024: AED 57,600 a yearRenewal, October 2025: AED 57,600 a yearRenewal, October 2026: AED 57,600 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 525, and where 515 sits

All 66 1-beds →

Over the last 12 months one-beds sold for AED 699,999 to 775,000, around AED 1,117 per sqft, and rent for AED 34,000 to 62,000 a year. 515's AED 57,600 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2026740,000
26 Jun 2026730,000
12 May 2026710,000
9 Mar 2026699,999
6 1-bed sales in the last 12 months

MAG 525

Building

92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.

Typical price per sqft
AED 1,117
Typical sale
AED 735K
Typical rent
AED 52K /yr
Typical yield
7.1%
MAG 525, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 92 units in MAG 525
Value
5012-bedAED 1.03M · Aug 2025
5021-bedAED 775K · Dec 2025
503StudioAED 426K · Mar 2017
5041-bedAED 546K · Mar 2017
5052-bedAED 560K · Jan 2021
5061-bedAED 525K · Jul 2024
507StudioAED 411K · Oct 2018
1–7 of 14

515, MAG 525 in numbers

  • Sold twice: first on 6 March 2017 for AED 560,555, last on 25 December 2023 for AED 440,000 (AED 664 per sqft).
  • Rented since July 2019 on 5 Ejari contracts, from AED 28,000 to AED 57,600 a year.
  • At AED 57,600 a year the gross yield on the 2023 price is 13.1%, before a service charge of about AED 11,400 a year (AED 17.19 per sqft).
  • One-beds in MAG 525 sold for AED 699,999–775,000 in the 12 months to November 2026; the building's median across all types is AED 1,117 per sqft.

Source: Dubai Land Department. Updated 1 October 2026.

Questions about 515, MAG 525

What did unit 515 last sell for?

AED 440,000 on 25 December 2023: AED 664 per sqft for 663 sqft. The unit has 2 registered sales; the first was AED 560,555 in March 2017.

What is the rent for unit 515?

AED 57,600 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 57,600; the unit has been rented since July 2019.

How big is unit 515?

663 sqft (61.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 515 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 525 sold for AED 699,999 to 775,000 in the last 12 months, around AED 1,117 per sqft.

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Mortgage on 515, MAG 525

Starts from the last sale price (AED 440K, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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