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1-bed · 478 sqftMAG 515, Dubai South · 1st floor · completed 2020

109, MAG 515

Sold prices and rental history: sold 3 times, last in January 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 14 January 2026
Last soldAED 32K14 January 2026
Current rentAED 51K /yr8 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 109, MAG 515

What is 109 worth today?

Last sold for AED 32,436 in 2026

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14 Jan 2026SoldReady · flagged as an outlier
AED 32,436AED 67 per sqft
8 Dec 2025RentedNew contract
AED 51,000/yr12 months · AED 107 per sqft
14 Mar 2025RentedNew contract
AED 29,392/yr8 months · AED 61 per sqft
28 Nov 2024SoldReady
AED 600,000AED 1,254 per sqft
13 Mar 2022RentedNew contract
AED 25,500/yr12 months · AED 53 per sqft
1 Mar 2021RentedRenewal
AED 21,000/yr12 months · AED 44 per sqft
1 Mar 2020RentedNew contract
AED 26,000/yr12 months · AED 55 per sqft
27 Mar 2018Sold by developerOff-plan
AED 440,000AED 920 per sqft

Source: Dubai Land Department. Updated 14 January 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
1st of 6
Parking
G-09
Developer
MAG
Completed
2020
Service charge
AED 8,200 /yr
Last sold
AED 32K · January 2026
Building
MAG 515

About 109, MAG 515

109 is a one-bedroom apartment of 478 sqft on the 1st floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 January 2026 for AED 32,436, or AED 67 per sqft, 94% below the AED 1,103 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 8 December 2025, is AED 51,000 a year: a gross yield of 157.2% on the 2026 price, before the service charge of about AED 8,200 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in MAG 515
500K600K2017202020232026Typical sale price by year: 2017 AED 467,600; 2018 AED 480,000; 2019 AED 480,000; 2023 AED 463,731; 2024 AED 572,500; 2025 AED 540,000Sold by developer, March 2018: AED 440,000 (AED 920 per sqft)Sold, November 2024: AED 600,000 (AED 1,254 per sqft)

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

Rents
Unit 109, each contractTypical one-bed in MAG 515
20K40K60K2020202220242026Typical rent by year: 2020 AED 25,000; 2021 AED 25,000; 2022 AED 27,000; 2023 AED 30,400; 2024 AED 37,500; 2025 AED 49,931; 2026 AED 56,500New contract, March 2020: AED 26,000 a yearRenewal, March 2021: AED 21,000 a yearNew contract, March 2022: AED 25,500 a yearNew contract, March 2025: AED 29,392 a yearNew contract, December 2025: AED 51,000 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 515, and where 109 sits

All 59 1-beds →

109 last sold in January 2026 at AED 67 per sqft, 94% below what one-beds in MAG 515 were fetching at the time (AED 1,103). Over the last 12 months one-beds sold for AED 32,436, around AED 67 per sqft, and rent for AED 43,000 to 61,000 a year. 109's AED 51,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 May 2025550,000
28 Apr 2025540,000
19 Mar 2025615,000
21 Feb 2025560,000
1 1-bed sale in the last 12 months

MAG 515

Building

132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 1 sold in the last 12 months.

Typical price per sqft
AED 67
Typical sale
AED 32K
Typical rent
AED 43K /yr
Typical yield
144.0%
MAG 515, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 515
Value
1011-bedAED 400K · Feb 2022
102StudioAED 390K · Oct 2017
103StudioAED 370K · Oct 2018
1041-bedAED 444K · Jul 2017
1052-bedAED 228K · Dec 2022
1061-bedAED 480K · Jul 2018
107StudioAED 240K · Mar 2021
1–7 of 21

109, MAG 515 in numbers

  • Sold 3 times: first on 27 March 2018 for AED 440,000, last on 14 January 2026 for AED 32,436 (AED 67 per sqft).
  • Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 26,000 to AED 21,000 in 2021 and recovered to AED 51,000 by December 2025.
  • At AED 51,000 a year the gross yield on the 2026 price is 157.2%, before a service charge of about AED 8,200 a year (AED 17.07 per sqft).
  • One-beds in MAG 515 sold for AED 32,436–32,436 in the 12 months to November 2026; the building's median across all types is AED 67 per sqft.

Source: Dubai Land Department. Updated 14 January 2026.

Questions about 109, MAG 515

What did unit 109 last sell for?

AED 32,436 on 14 January 2026: AED 67 per sqft for 478 sqft. The unit has 3 registered sales; the first was AED 440,000 in March 2018.

What is the rent for unit 109?

AED 51,000 a year on the contract signed on 8 December 2025. The previous contract, from March 2025, was AED 29,392; the unit has been rented since March 2020.

How big is unit 109?

478 sqft (44.4 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 109 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 515 sold for AED 32,436 to 32,436 in the last 12 months, around AED 67 per sqft.

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Mortgage on 109, MAG 515

Starts from the last sale price (AED 32K, 14 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 32,436
Deposit, UAE resident (20%)
AED 6,487
Deposit, non-resident (40%)
AED 12,974
Monthly over 25 years at 3.7%
AED 133

Plus AED 4,272 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →