614, MAG 515
Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 614, MAG 515
What is 614 worth today?
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Source: Dubai Land Department. Updated 20 November 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 6th of 6
- Parking
- G-127
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,900 /yr
- Last sold
- AED 480K · November 2019
- Building
- MAG 515
About 614, MAG 515
614 is a one-bedroom apartment of 638 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 26 November 2019 for AED 480,000, or AED 752 per sqft, 18% below the AED 916 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 November 2021. The current contract, signed on 20 November 2021, is AED 26,000 a year: a gross yield of 5.4% on the 2019 price, before the service charge of about AED 10,900 a year.
Sales and rents for 614 over time
614 has sold once; the dashed line is the one-bed median of each year in the building.
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 614 sits
All 59 1-beds →614 last sold in November 2019 at AED 752 per sqft, 18% below what one-beds in MAG 515 were fetching at the time (AED 916). 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. 614's AED 26,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 478 sqft | 32,436 | 67 | ||
| 16 May 202516 May 2025 | 514 sqft | 550,000 | 1,070 | ||
| 28 Apr 202528 April 2025 | 478 sqft | 540,000 | 1,129 | ||
| 19 Mar 202519 March 2025 | 514 sqft | 615,000 | 1,196 |
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 | |
| 607 | Studio | 389 sqft | AED 360KAED 360,000 · Jun 2024June 2024 | 25,000 /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 | |
| 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 |
614, MAG 515 in numbers
- Sold once: by MAG on 26 November 2019 for AED 480,000, or AED 752 per sqft.
- Rented since November 2021 on one Ejari contract, at AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2019 price is 5.4%, before a service charge of about AED 10,900 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 20 November 2021.
Questions about 614, MAG 515
What did unit 614 last sell for?
AED 480,000 on 26 November 2019, sold by the developer: AED 752 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 614?
AED 26,000 a year on the contract signed on 20 November 2021.
How big is unit 614?
638 sqft (59.3 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 614 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 614, MAG 515
Starts from the last sale price (AED 480K, 26 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 480,000
- Deposit, UAE resident (20%)
- AED 96,000
- Deposit, non-resident (40%)
- AED 192,000
- Monthly over 25 years at 3.7%
- AED 1,964
Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →