607, MAG 515
Sold prices and rental history: sold twice, last in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, MAG 515
What is 607 worth today?
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Source: Dubai Land Department. Updated 5 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 389 sqft
- Floor
- 6th of 6
- Parking
- G-120
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,600 /yr
- Last sold
- AED 360K · June 2024
- Building
- MAG 515
About 607, MAG 515
607 is a studio of 389 sqft on the 6th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 5 June 2024 for AED 360,000, or AED 925 per sqft, in line with the AED 907 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 March 2022, is AED 25,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 6,600 a year.
Sales and rents for 607 over time
607 has sold twice; 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 607 sits
All 59 studios →607 last sold in June 2024 at AED 925 per sqft, in line with what studios in MAG 515 were fetching at the time (AED 907). 607's AED 25,000 is at the bottom 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 6th floor
All 132 units in MAG 515| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 527KAED 527,000 · May 2019May 2019 | 31,878 /yr | |
| 602 | Studio | 389 sqft | AED 360KAED 360,000 · Apr 2019April 2019 | 18,000 /yr | |
| 603 | Studio | 365 sqft | AED 300KAED 300,000 · Jul 2017July 2017 | 42,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 400KAED 400,000 · Jul 2017July 2017 | 55,000 /yr | |
| 605 | 2-bed | 669 sqft | AED 600KAED 600,000 · May 2024May 2024 | 67,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 450KAED 450,000 · May 2019May 2019 | 45,000 /yr | |
| 608 | Studio | 349 sqft | AED 275KAED 275,000 · Jul 2021July 2021 | 45,000 /yr | |
| 609 | 1-bed | 478 sqft | AED 410KAED 410,000 · Jan 2025January 2025 | 47,000 /yr | |
| 610 | 2-bed | 666 sqft | AED 475KAED 475,000 · Jul 2023July 2023 | 60,000 /yr | |
| 611 | 1-bed | 483 sqft | AED 445KAED 445,000 · Apr 2018April 2018 | 40,000 /yr | |
| 612 | 1-bed | 657 sqft | AED 495KAED 495,000 · Jul 2019July 2019 | ||
| 613 | 1-bed | 623 sqft | AED 523KAED 523,221 · Apr 2019April 2019 | 40,000 /yr | |
| 614 | 1-bed | 638 sqft | AED 480KAED 480,000 · Nov 2019November 2019 | 26,000 /yr | |
| 615 | Studio | 410 sqft | AED 300KAED 300,000 · Nov 2022November 2022 | 38,000 /yr | |
| 616 | Studio | 410 sqft | AED 340KAED 340,000 · Jan 2024January 2024 | 29,492 /yr | |
| 617 | Studio | 437 sqft | AED 400KAED 400,000 · Jul 2025July 2025 | 18,000 /yr | |
| 618 | Studio | 437 sqft | AED 397KAED 396,550 · Jul 2018July 2018 | 42,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 514KAED 513,600 · Nov 2019November 2019 | 35,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 513KAED 513,000 · Oct 2017October 2017 | 45,000 /yr | |
| 621 | Studio | 360 sqft | AED 360KAED 360,000 · Apr 2019April 2019 | 40,000 /yr | |
| 622 | Studio | 360 sqft | AED 380KAED 380,000 · Oct 2017October 2017 | 36,000 /yr |
607, MAG 515 in numbers
- Sold twice: first on 14 November 2018 for AED 391,000, last on 5 June 2024 for AED 360,000 (AED 925 per sqft).
- Rented since August 2020 on 2 Ejari contracts, from AED 18,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 6,600 a year (AED 17.07 per sqft).
Source: Dubai Land Department. Updated 5 June 2024.
Questions about 607, MAG 515
What did unit 607 last sell for?
AED 360,000 on 5 June 2024: AED 925 per sqft for 389 sqft. The unit has 2 registered sales; the first was AED 391,000 in November 2018.
What is the rent for unit 607?
AED 25,000 a year on the contract signed on 1 March 2022. The previous contract, from August 2020, was AED 18,000.
How big is unit 607?
389 sqft (36.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 607 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 607, MAG 515
Starts from the last sale price (AED 360K, 5 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →