515, MAG 530
Sold prices and rental history: sold once, by the developer in April 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 515, MAG 530
What is 515 worth today?
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Source: Dubai Land Department. Updated 1 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 5th of 6
- Parking
- G-78
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,700 /yr
- Last sold
- AED 578K · April 2017
- Building
- MAG 530
About 515, MAG 530
515 is a one-bedroom apartment of 663 sqft on the 5th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 30 April 2017 for AED 577,777, or AED 872 per sqft, in line with the AED 847 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 1 January 2025, is AED 39,000 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 10,700 a year.
Sales and rents for 515 over time
515 has sold once; the dashed line is the one-bed median of each year in the building.
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 515 sits
All 66 1-beds →515 last sold in April 2017 at AED 872 per sqft, in line with what one-beds in MAG 530 were fetching at the time (AED 847). 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. 515's AED 39,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 20 Aug 202520 August 2025 | 663 sqft | 690,000 | 1,041 | ||
| 12 Aug 202512 August 2025 | 666 sqft | 730,000 | 1,096 | ||
| 30 May 202530 May 2025 | 638 sqft | 700,000 | 1,096 |
MAG 530
Building92 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%
Other units on the 5th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,037 sqft | AED 795KAED 795,000 · Nov 2025November 2025 | 80,000 /yr | |
| 502 | 1-bed | 667 sqft | AED 549KAED 549,000 · Jun 2017June 2017 | 35,490 /yr | |
| 503 | Studio | 476 sqft | AED 540KAED 540,000 · Dec 2025December 2025 | 42,000 /yr | |
| 504 | 1-bed | 638 sqft | AED 500KAED 500,000 · Oct 2023October 2023 | 55,000 /yr | |
| 505 | 2-bed | 1,008 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 56,000 /yr | |
| 506 | 1-bed | 667 sqft | AED 546KAED 545,555 · Dec 2016December 2016 | 50,000 /yr | |
| 507 | Studio | 473 sqft | AED 433KAED 432,777 · Apr 2017April 2017 | 12,000 /yr | |
| 508 | 1-bed | 638 sqft | AED 520KAED 520,000 · Dec 2017December 2017 | 33,000 /yr | |
| 509 | 1-bed | 639 sqft | AED 495KAED 495,000 · Oct 2023October 2023 | 30,000 /yr | |
| 510 | 1-bed | 638 sqft | AED 530KAED 530,000 · Dec 2022December 2022 | 50,000 /yr | |
| 511 | 1-bed | 623 sqft | No registered sale | 60,000 /yr | |
| 512 | 1-bed | 624 sqft | AED 570KAED 570,000 · Dec 2024December 2024 | 27,000 /yr | |
| 513 | 1-bed | 654 sqft | AED 578KAED 577,777 · Mar 2017March 2017 | 40,000 /yr | |
| 514 | 1-bed | 654 sqft | AED 556KAED 555,555 · Feb 2017February 2017 | 52,000 /yr |
515, MAG 530 in numbers
- Sold once: by MAG on 30 April 2017 for AED 577,777, or AED 872 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 24,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2017 price is 6.8%, 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 1 January 2025.
Questions about 515, MAG 530
What did unit 515 last sell for?
AED 577,777 on 30 April 2017, sold by the developer: AED 872 per sqft for 663 sqft. It is the only registered sale of the unit.
What is the rent for unit 515?
AED 39,000 a year on the contract renewed on 1 January 2025. The previous contract, from January 2024, was AED 35,000; the unit has been rented since January 2021.
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 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 515, MAG 530
Starts from the last sale price (AED 578K, 30 April 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 577,777
- Deposit, UAE resident (20%)
- AED 115,555
- Deposit, non-resident (40%)
- AED 231,111
- Monthly over 25 years at 3.7%
- AED 2,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →