1-bed · 663 sqftMAG 530, Dubai South · 1st floor · completed 2020

115, MAG 530

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 28 March 2026
Last soldAED 630K13 March 2025
Current rentAED 58K /yr28 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, MAG 530

What is 115 worth today?

Last sold for AED 630,000 in 2025

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28 Mar 2026RentedNew contract
AED 58,000/yr12 months · AED 87 per sqft
13 Mar 2025SoldReady
AED 630,000AED 950 per sqft
12 Dec 2024RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
12 Dec 2024RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
12 Dec 2023RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
1 Dec 2022RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
6 Nov 2021RentedNew contract
AED 26,000/yr12 months · AED 39 per sqft
13 Sep 2019RentedNew contract
AED 27,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 28 March 2026.

Key facts

Type
1-bed apartment
Size
663 sqft
Floor
1st of 6
Parking
G-15
Developer
MAG
Completed
2020
Service charge
AED 10,700 /yr
Last sold
AED 630K · March 2025
Building
MAG 530

About 115, MAG 530

115 is a one-bedroom apartment of 663 sqft on the 1st floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 13 March 2025 for AED 630,000, or AED 950 per sqft, 11% above the AED 859 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 28 March 2026, is AED 58,000 a year: a gross yield of 9.2% on the 2025 price, before the service charge of about AED 10,700 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in MAG 530
500K600K700K2017202020232026Typical sale price by year: 2017 AED 549,000; 2018 AED 545,555; 2019 AED 536,812; 2023 AED 497,500; 2024 AED 530,000; 2025 AED 670,000Sold by developer, January 2018: AED 574,816 (AED 867 per sqft)Sold, March 2025: AED 630,000 (AED 950 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in MAG 530
40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 50,400; 2026 AED 50,000New contract, September 2019: AED 27,000 a yearNew contract, November 2021: AED 26,000 a yearNew contract, December 2022: AED 32,000 a yearNew contract, December 2023: AED 42,000 a yearRenewal, December 2024: AED 42,000 a yearRenewal, December 2024: AED 42,000 a yearNew contract, March 2026: AED 58,000 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 530, and where 115 sits

All 66 1-beds →

115 last sold in March 2025 at AED 950 per sqft, 11% above what one-beds in MAG 530 were fetching at the time (AED 859). Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 35,490 to 65,000 a year. 115's AED 58,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025745,000
20 Aug 2025690,000
12 Aug 2025730,000
30 May 2025700,000
1 1-bed sale in the last 12 months

MAG 530

Building

92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,133
Typical sale
AED 795K
Typical rent
AED 50K /yr
Typical yield
7.0%
MAG 530, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 92 units in MAG 530
Value
1012-bedAED 800K · Aug 2024
1021-bedAED 576K · May 2017
103StudioAED 456K · Jun 2018
1041-bedAED 541K · Mar 2017
1052-bedNo registered sale
1061-bedAED 566K · May 2017
107StudioAED 440K · Jul 2018
1–7 of 14

115, MAG 530 in numbers

  • Sold twice: first on 7 January 2018 for AED 574,816, last on 13 March 2025 for AED 630,000 (AED 950 per sqft).
  • Rented since September 2019 on 7 Ejari contracts, from AED 27,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2025 price is 9.2%, before a service charge of about AED 10,700 a year (AED 16.14 per sqft).
  • One-beds in MAG 530 sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 1,133 per sqft.

Source: Dubai Land Department. Updated 28 March 2026.

Questions about 115, MAG 530

What did unit 115 last sell for?

AED 630,000 on 13 March 2025: AED 950 per sqft for 663 sqft. The unit has 2 registered sales; the first was AED 574,816 in January 2018.

What is the rent for unit 115?

AED 58,000 a year on the contract signed on 28 March 2026. The previous contract, from December 2024, was AED 42,000; the unit has been rented since September 2019.

How big is unit 115?

663 sqft (61.6 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 115 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.

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Mortgage on 115, MAG 530

Starts from the last sale price (AED 630K, 13 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 630,000
Deposit, UAE resident (20%)
AED 126,000
Deposit, non-resident (40%)
AED 252,000
Monthly over 25 years at 3.7%
AED 2,578

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