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1-bed · 623 sqftMAG 515, Dubai South · 6th floor · completed 2020

613, MAG 515

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 10 September 2025
Last soldAED 523K25 April 2019
Current rentAED 40K /yr10 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 613, MAG 515

What is 613 worth today?

Last sold for AED 523,221 in 2019

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10 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 64 per sqft
10 Sep 2023RentedNew contract
AED 30,800/yr12 months · AED 49 per sqft
10 Sep 2022RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
10 Sep 2021RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
25 Apr 2019Sold by developerOff-plan
AED 523,221AED 839 per sqft

Source: Dubai Land Department. Updated 10 September 2025.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
6th of 6
Parking
G-126
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 523K · April 2019
Building
MAG 515

About 613, MAG 515

613 is a one-bedroom apartment of 623 sqft on the 6th floor of MAG 515, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 25 April 2019 for AED 523,221, or AED 839 per sqft, 9% below the AED 925 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 10 September 2025, is AED 40,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for 613 over time

Sales
Unit 613, each saleTypical one-bed in MAG 515
450K500K550K2017202020232026Typical 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, April 2019: AED 523,221 (AED 839 per sqft)

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

Rents
Unit 613, 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, September 2021: AED 26,000 a yearNew contract, September 2022: AED 28,000 a yearNew contract, September 2023: AED 30,800 a yearRenewal, September 2025: AED 40,000 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 613 sits

All 59 1-beds →

613 last sold in April 2019 at AED 839 per sqft, 9% below what one-beds in MAG 515 were fetching at the time (AED 925). 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. 613's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 202632,436
16 May 2025550,000
28 Apr 2025540,000
19 Mar 2025615,000
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 6th floor

All 132 units in MAG 515
Value
6011-bedAED 527K · May 2019
602StudioAED 360K · Apr 2019
603StudioAED 300K · Jul 2017
6041-bedAED 400K · Jul 2017
6052-bedAED 600K · May 2024
6061-bedAED 450K · May 2019
607StudioAED 360K · Jun 2024
1–7 of 21

613, MAG 515 in numbers

  • Sold once: by MAG on 25 April 2019 for AED 523,221, or AED 839 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 26,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 10,600 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 10 September 2025.

Questions about 613, MAG 515

What did unit 613 last sell for?

AED 523,221 on 25 April 2019, sold by the developer: AED 839 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 40,000 a year on the contract renewed on 10 September 2025. The previous contract, from September 2023, was AED 30,800; the unit has been rented since September 2021.

How big is unit 613?

623 sqft (57.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 613 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 613, MAG 515

Starts from the last sale price (AED 523K, 25 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 523,221
Deposit, UAE resident (20%)
AED 104,644
Deposit, non-resident (40%)
AED 209,288
Monthly over 25 years at 3.7%
AED 2,141

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →