615, MAG 520
Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 615, MAG 520
What is 615 worth today?
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Source: Dubai Land Department. Updated 31 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 6th of 6
- Parking
- G-128
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,300 /yr
- Last sold
- AED 380K · September 2019
- Building
- MAG 520
About 615, MAG 520
615 is a studio of 410 sqft on the 6th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 September 2019 for AED 380,000, or AED 927 per sqft, 3% below the AED 956 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 31 August 2025, is AED 45,000 a year: a gross yield of 11.8% on the 2019 price, before the service charge of about AED 7,300 a year.
Sales and rents for 615 over time
615 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 520, and where 615 sits
All 60 studios →615 last sold in September 2019 at AED 927 per sqft, 3% below what studios in MAG 520 were fetching at the time (AED 956). 615's AED 45,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202510 February 2025 | 365 sqft | 420,000 | 1,150 | ||
| 8 Nov 20248 November 2024 | 365 sqft | 390,000 | 1,068 | ||
| 25 Sep 202425 September 2024 | 437 sqft | 412,000 | 942 | ||
| 12 Jul 202412 July 2024 | 360 sqft | 388,000 | 1,077 |
MAG 520
Building131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,233
- Typical sale
- AED 590K
- Typical rent
- AED 44K /yr
- Typical yield
- 7.7%
Other units on the 6th floor
All 131 units in MAG 520| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 468KAED 468,448 · Jul 2019July 2019 | 28,200 /yr | |
| 602 | Studio | 389 sqft | AED 380KAED 380,000 · Jul 2019July 2019 | 26,565 /yr | |
| 603 | Studio | 365 sqft | AED 390KAED 390,000 · Nov 2024November 2024 | 30,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 396KAED 395,555 · Sep 2020September 2020 | 46,000 /yr | |
| 605 | 2-bed | 669 sqft | AED 497KAED 497,000 · Jul 2019July 2019 | 45,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 600KAED 600,000 · Jun 2020June 2020 | 30,000 /yr | |
| 607 | Studio | 389 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 27,000 /yr | |
| 608 | Studio | 349 sqft | AED 351KAED 350,840 · Jul 2019July 2019 | 44,000 /yr | |
| 609 | 1-bed | 478 sqft | AED 440KAED 440,000 · May 2019May 2019 | 28,349 /yr | |
| 610 | 2-bed | 667 sqft | AED 540KAED 540,000 · May 2019May 2019 | ||
| 611 | 1-bed | 483 sqft | AED 426KAED 426,000 · Dec 2018December 2018 | 41,000 /yr | |
| 612 | 1-bed | 657 sqft | AED 519KAED 519,000 · May 2019May 2019 | 37,855 /yr | |
| 613 | 1-bed | 623 sqft | AED 450KAED 449,708 · Sep 2022September 2022 | 55,000 /yr | |
| 614 | 1-bed | 638 sqft | AED 480KAED 480,000 · Oct 2019October 2019 | 52,000 /yr | |
| 616 | Studio | 410 sqft | AED 272KAED 272,181 · Apr 2021April 2021 | 36,000 /yr | |
| 617 | Studio | 437 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 21,000 /yr | |
| 618 | Studio | 437 sqft | AED 410KAED 410,000 · May 2024May 2024 | 39,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 360KAED 360,000 · Nov 2020November 2020 | 55,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 400KAED 400,000 · Jul 2023July 2023 | 31,500 /yr | |
| 621 | Studio | 360 sqft | AED 357KAED 357,000 · May 2019May 2019 | 44,000 /yr | |
| 622 | Studio | 360 sqft | AED 357KAED 357,000 · May 2019May 2019 | 41,200 /yr |
615, MAG 520 in numbers
- Sold once: by MAG on 24 September 2019 for AED 380,000, or AED 927 per sqft.
- Rented since November 2020 on 5 Ejari contracts, from AED 18,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2019 price is 11.8%, before a service charge of about AED 7,300 a year (AED 17.72 per sqft).
Source: Dubai Land Department. Updated 31 August 2025.
Questions about 615, MAG 520
What did unit 615 last sell for?
AED 380,000 on 24 September 2019, sold by the developer: AED 927 per sqft for 410 sqft. It is the only registered sale of the unit.
What is the rent for unit 615?
AED 45,000 a year on the contract signed on 31 August 2025. The previous contract, from June 2024, was AED 25,200; the unit has been rented since November 2020.
How big is unit 615?
410 sqft (38.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 615 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 615, MAG 520
Starts from the last sale price (AED 380K, 24 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →