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2-bed · 666 sqftMAG 515, Dubai South · 4th floor · completed 2020

410, MAG 515

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 550K24 April 2019
Current rentAED 60K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 410, MAG 515

What is 410 worth today?

Last sold for AED 550,000 in 2019

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1 Oct 2025RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
1 Sep 2024RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 Sep 2023RentedRenewal
AED 40,000/yr12 months · AED 60 per sqft
1 Sep 2022RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
1 Sep 2021RentedNew contract
AED 33,000/yr12 months · AED 49 per sqft
1 Sep 2020RentedNew contract
AED 33,000/yr12 months · AED 50 per sqft
25 Feb 2020RentedNew contract
AED 35,000/yr12 months · AED 53 per sqft
24 Apr 2019Sold by developerOff-plan
AED 550,000AED 826 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
4th of 6
Parking
G-78
Developer
MAG
Completed
2020
Service charge
AED 11,400 /yr
Last sold
AED 550K · April 2019
Building
MAG 515

About 410, MAG 515

410 is a two-bedroom apartment of 666 sqft on the 4th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 April 2019 for AED 550,000, or AED 826 per sqft, 5% below the AED 872 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 October 2025, is AED 60,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 11,400 a year.

Sales and rents for 410 over time

Sales
Unit 410, each saleTypical two-bed in MAG 515
550K600K201720182019Typical sale price by year: 2017 AED 620,000; 2018 AED 594,000Sold by developer, April 2019: AED 550,000 (AED 826 per sqft)

410 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 410, each contractTypical two-bed in MAG 515
40K60K2020202220242026Typical rent by year: 2020 AED 33,000; 2021 AED 33,000; 2022 AED 31,500; 2023 AED 40,000; 2024 AED 55,000; 2025 AED 60,000New contract, February 2020: AED 35,000 a yearNew contract, September 2020: AED 33,000 a yearNew contract, September 2021: AED 33,000 a yearRenewal, September 2022: AED 35,000 a yearRenewal, September 2023: AED 40,000 a yearNew contract, September 2024: AED 55,000 a yearNew contract, October 2025: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 515, and where 410 sits

All 12 2-beds →

410 last sold in April 2019 at AED 826 per sqft, 5% below what two-beds in MAG 515 were fetching at the time (AED 872).

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jan 2025667,000
24 May 2024600,000
12 Feb 2024486,600
21 Nov 2023608,000
0 2-bed sales 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 4th floor

All 132 units in MAG 515
Value
4011-bedAED 595K · Jul 2024
402StudioAED 460K · Jul 2025
403StudioAED 335K · Apr 2018
4041-bedAED 483K · Sep 2018
4052-bedAED 469K · Jul 2021
4061-bedAED 440K · May 2019
407StudioAED 355K · Oct 2017
1–7 of 21

410, MAG 515 in numbers

  • Sold once: by MAG on 24 April 2019 for AED 550,000, or AED 826 per sqft.
  • Rented since February 2020 on 7 Ejari contracts, from AED 35,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 11,400 a year (AED 17.07 per sqft).

Source: Dubai Land Department. Updated 1 October 2025.

Questions about 410, MAG 515

What did unit 410 last sell for?

AED 550,000 on 24 April 2019, sold by the developer: AED 826 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 410?

AED 60,000 a year on the contract signed on 1 October 2025. The previous contract, from September 2024, was AED 55,000; the unit has been rented since February 2020.

How big is unit 410?

666 sqft (61.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 410 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 410, MAG 515

Starts from the last sale price (AED 550K, 24 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →