2-bed · 666 sqftMAG 505, Dubai South · 5th floor · completed 2020

510, MAG 505

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 569K3 July 2018
Current rentAED 55K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, MAG 505

What is 510 worth today?

Last sold for AED 568,554 in 2018

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10 Jul 2026RentedNew contract
AED 55,000/yr12 months · AED 83 per sqft
20 May 2024RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
15 Feb 2023RentedRenewal
AED 33,000/yr12 months · AED 50 per sqft
15 Feb 2022RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
3 Jul 2018Sold by developerOff-plan
AED 568,554AED 853 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
5th of 6
Parking
G-98
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 569K · July 2018
Building
MAG 505

About 510, MAG 505

510 is a two-bedroom apartment of 666 sqft on the 5th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 3 July 2018 for AED 568,554, or AED 853 per sqft.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 10 July 2026, is AED 55,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 10,900 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in MAG 505
500K550K201820192020Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, July 2018: AED 568,554 (AED 853 per sqft)

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

Rents
Unit 510, each contractTypical two-bed in MAG 505
40K60K2021202320252027Typical rent by year: 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,750; 2024 AED 43,000; 2025 AED 59,500; 2026 AED 60,000New contract, February 2022: AED 30,000 a yearRenewal, February 2023: AED 33,000 a yearNew contract, May 2024: AED 50,000 a yearNew contract, July 2026: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 505, and where 510 sits

All 12 2-beds →

Over the last 12 months two-beds sold for AED 710,000, around AED 1,065 per sqft, and rent for AED 55,000 to 64,000 a year. 510's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Mar 2026710,000
20 Oct 2025770,000
31 Jan 2025700,000
29 Aug 2024630,000
1 2-bed sale in the last 12 months

MAG 505

Building

132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.

Typical price per sqft
AED 1,107
Typical sale
AED 600K
Typical rent
AED 42K /yr
Typical yield
8.4%
MAG 505, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 132 units in MAG 505
Value
5011-bedAED 530K · Jul 2018
502StudioAED 360K · Mar 2024
503StudioAED 300K · Aug 2023
5041-bedAED 442K · May 2019
5052-bedAED 555K · Sep 2018
5061-bedAED 550K · Jul 2025
507StudioAED 391K · Mar 2018
1–7 of 21

510, MAG 505 in numbers

  • Sold once: by MAG on 3 July 2018 for AED 568,554, or AED 853 per sqft.
  • Rented since February 2022 on 4 Ejari contracts, from AED 30,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 10,900 a year (AED 16.40 per sqft).
  • Two-beds in MAG 505 sold for AED 710,000–710,000 in the 12 months to November 2026; the building's median across all types is AED 1,107 per sqft.

Source: Dubai Land Department. Updated 10 July 2026.

Questions about 510, MAG 505

What did unit 510 last sell for?

AED 568,554 on 3 July 2018, sold by the developer: AED 853 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 55,000 a year on the contract signed on 10 July 2026. The previous contract, from May 2024, was AED 50,000; the unit has been rented since February 2022.

How big is unit 510?

666 sqft (61.9 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 505 sold for AED 710,000 to 710,000 in the last 12 months, around AED 1,065 per sqft.

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Mortgage on 510, MAG 505

Starts from the last sale price (AED 569K, 3 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 568,554
Deposit, UAE resident (20%)
AED 113,711
Deposit, non-resident (40%)
AED 227,422
Monthly over 25 years at 3.7%
AED 2,326

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