115, MAG 530
Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, MAG 530
What is 115 worth today?
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Source: Dubai Land Department. Updated 13 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 663 sqft
- Floor
- 1st of 6
- Parking
- G-15
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,700 /yr
- Last sold
- AED 630K · March 2025
- Building
- MAG 530
About 115, MAG 530
115 is a one-bedroom apartment of 663 sqft on the 1st floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 13 March 2025 for AED 630,000, or AED 950 per sqft, 11% above the AED 859 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 12 December 2024, is AED 42,000 a year: a gross yield of 6.7% on the 2025 price, before the service charge of about AED 10,700 a year.
Sales and rents for 115 over time
115 has sold twice; 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 530, and where 115 sits
All 64 1-beds →115 last sold in March 2025 at AED 950 per sqft, 11% above what one-beds in MAG 530 were fetching at the time (AED 859). Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 40,000 to 60,000 a year. 115's AED 42,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 30 May 202530 May 2025 | 638 sqft | 700,000 | 1,096 | ||
| 8 May 20258 May 2025 | 638 sqft | 625,000 | 980 | ||
| 27 Mar 202527 March 2025 | 624 sqft | 625,000 | 1,001 |
MAG 530
Building92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,137
- Typical sale
- AED 770K
- Typical rent
- AED 54K /yr
- Typical yield
- 6.9%
Other units on the 1st floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,036 sqft | AED 800KAED 800,000 · Aug 2024August 2024 | 42,000 /yr | |
| 102 | 1-bed | 666 sqft | AED 576KAED 575,555 · May 2017May 2017 | 31,500 /yr | |
| 103 | Studio | 476 sqft | AED 456KAED 455,555 · Jun 2018June 2018 | 30,000 /yr | |
| 104 | 1-bed | 638 sqft | AED 541KAED 540,555 · Mar 2017March 2017 | 42,000 /yr | |
| 105 | 2-bed | 1,005 sqft | No registered sale | 25,000 /yr | |
| 106 | 1-bed | 666 sqft | AED 566KAED 565,555 · May 2017May 2017 | 38,588 /yr | |
| 107 | Studio | 473 sqft | AED 440KAED 440,000 · Jul 2018July 2018 | ||
| 108 | 1-bed | 638 sqft | AED 529KAED 529,000 · Sep 2018September 2018 | 50,000 /yr | |
| 109 | 1-bed | 638 sqft | AED 450KAED 450,000 · Sep 2023September 2023 | 49,000 /yr | |
| 110 | 1-bed | 638 sqft | AED 437KAED 437,000 · Dec 2022December 2022 | 52,000 /yr | |
| 111 | 1-bed | 623 sqft | AED 530KAED 530,000 · Aug 2017August 2017 | 10,000 /yr | |
| 112 | 1-bed | 624 sqft | AED 520KAED 520,000 · Apr 2018April 2018 | 46,000 /yr | |
| 113 | 1-bed | 654 sqft | AED 565KAED 565,000 · Aug 2024August 2024 | 29,000 /yr | |
| 114 | 1-bed | 654 sqft | AED 570KAED 570,000 · Nov 2017November 2017 | 30,240 /yr |
115, MAG 530 in numbers
- Sold twice: first on 7 January 2018 for AED 574,816, last on 13 March 2025 for AED 630,000 (AED 950 per sqft).
- Rented since September 2019 on 5 Ejari contracts, from AED 27,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2025 price is 6.7%, before a service charge of about AED 10,700 a year (AED 16.14 per sqft).
- One-beds in MAG 530 sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 1,137 per sqft.
Source: Dubai Land Department. Updated 13 March 2025.
Questions about 115, MAG 530
What did unit 115 last sell for?
AED 630,000 on 13 March 2025: AED 950 per sqft for 663 sqft. The unit has 2 registered sales; the first was AED 574,816 in January 2018.
What is the rent for unit 115?
AED 42,000 a year on the contract renewed on 12 December 2024. The previous contract, from December 2023, was AED 42,000; the unit has been rented since September 2019.
How big is unit 115?
663 sqft (61.6 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 115 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.
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Mortgage on 115, MAG 530
Starts from the last sale price (AED 630K, 13 March 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus AED 31,470 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →