202, MAG 515
Sold prices and rental history: sold once, by the developer in July 2018, 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 202, MAG 515
What is 202 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 March 2025.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 2nd of 6
- Parking
- G-24
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,600 /yr
- Last sold
- AED 355K · July 2018
- Building
- MAG 515
About 202, MAG 515
202 is a studio of 387 sqft on the 2nd floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 19 July 2018 for AED 355,000, or AED 917 per sqft, in line with the AED 926 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 March 2025, is AED 38,000 a year: a gross yield of 10.7% on the 2018 price, before the service charge of about AED 6,600 a year.
Sales and rents for 202 over time
202 has sold once; 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 202 sits
All 59 studios →202 last sold in July 2018 at AED 917 per sqft, in line with what studios in MAG 515 were fetching at the time (AED 926). 202's AED 38,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jul 202510 July 2025 | 387 sqft | 460,000 | 1,188 | ||
| 2 Jul 20252 July 2025 | 437 sqft | 400,000 | 915 | ||
| 16 Jun 202516 June 2025 | 360 sqft | 430,000 | 1,194 | ||
| 7 May 20257 May 2025 | 365 sqft | 415,000 | 1,136 |
MAG 515
Building132 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%
Other units on the 2nd floor
All 132 units in MAG 515| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 450KAED 450,000 · Dec 2023December 2023 | 61,000 /yr | |
| 203 | Studio | 365 sqft | AED 275KAED 275,000 · Mar 2023March 2023 | 33,000 /yr | |
| 204 | 1-bed | 478 sqft | AED 450KAED 450,000 · Sep 2019September 2019 | ||
| 205 | 2-bed | 669 sqft | AED 446KAED 445,919 · Apr 2021April 2021 | ||
| 206 | 1-bed | 483 sqft | AED 445KAED 445,000 · Jul 2019July 2019 | 49,000 /yr | |
| 207 | Studio | 387 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 39,900 /yr | |
| 208 | Studio | 347 sqft | AED 348KAED 347,900 · Sep 2017September 2017 | 40,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 453KAED 453,000 · Sep 2017September 2017 | 47,000 /yr | |
| 210 | 2-bed | 666 sqft | AED 600KAED 600,000 · Oct 2017October 2017 | 60,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 460KAED 460,000 · Sep 2017September 2017 | 46,000 /yr | |
| 212 | 1-bed | 656 sqft | AED 480KAED 480,000 · Jun 2019June 2019 | 52,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 535KAED 534,500 · Apr 2018April 2018 | 50,500 /yr | |
| 214 | 1-bed | 638 sqft | AED 625KAED 625,000 · Sep 2024September 2024 | 56,000 /yr | |
| 215 | Studio | 410 sqft | AED 385KAED 385,000 · Aug 2017August 2017 | 27,500 /yr | |
| 216 | Studio | 410 sqft | AED 395KAED 395,000 · Oct 2019October 2019 | 45,000 /yr | |
| 217 | Studio | 437 sqft | AED 415KAED 415,000 · Dec 2024December 2024 | 19,000 /yr | |
| 218 | Studio | 437 sqft | AED 430KAED 429,999 · Aug 2024August 2024 | 48,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 495KAED 495,000 · Aug 2017August 2017 | ||
| 220 | 1-bed | 514 sqft | AED 500KAED 500,000 · Apr 2019April 2019 | 31,000 /yr | |
| 221 | Studio | 360 sqft | AED 260KAED 260,000 · Sep 2022September 2022 | 35,000 /yr | |
| 222 | Studio | 360 sqft | AED 265KAED 265,000 · Sep 2022September 2022 | 36,000 /yr |
202, MAG 515 in numbers
- Sold once: by MAG on 19 July 2018 for AED 355,000, or AED 917 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 18,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2018 price is 10.7%, before a service charge of about AED 6,600 a year (AED 17.07 per sqft).
Source: Dubai Land Department. Updated 15 March 2025.
Questions about 202, MAG 515
What did unit 202 last sell for?
AED 355,000 on 19 July 2018, sold by the developer: AED 917 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 202?
AED 38,000 a year on the contract signed on 15 March 2025. The previous contract, from January 2023, was AED 20,000; the unit has been rented since January 2021.
How big is unit 202?
387 sqft (36.0 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 202 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 202? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 202, MAG 515
Starts from the last sale price (AED 355K, 19 July 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 355,000
- Deposit, UAE resident (20%)
- AED 71,000
- Deposit, non-resident (40%)
- AED 142,000
- Monthly over 25 years at 3.7%
- AED 1,452
Plus AED 17,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →