Studio · 387 sqftMAG 510, Dubai South · 1st floor · completed 2020

102, MAG 510

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 378K12 February 2018
Current rentAED 33K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, MAG 510

What is 102 worth today?

Last sold for AED 378,000 in 2018

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1 Jun 2026RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
1 Jun 2024RentedNew contract
AED 33,000/yr12 months · AED 85 per sqft
7 May 2023RentedNew contract
AED 26,500/yr12 months · AED 68 per sqft
10 Oct 2022RentedRenewal
AED 24,000/yr6 months · AED 62 per sqft
10 Apr 2022RentedNew contract
AED 18,000/yr6 months · AED 46 per sqft
10 Apr 2021RentedNew contract
AED 16,000/yr12 months · AED 41 per sqft
1 Nov 2020RentedNew contract
AED 18,000/yr12 months · AED 47 per sqft
12 Feb 2018Sold by developerOff-plan
AED 378,000AED 976 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
1st of 6
Parking
G-02
Developer
MAG
Completed
2020
Service charge
AED 7,000 /yr
Last sold
AED 378K · February 2018
Building
MAG 510

About 102, MAG 510

102 is a studio of 387 sqft on the 1st floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 12 February 2018 for AED 378,000, or AED 976 per sqft, 5% below the AED 1,027 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 June 2026, is AED 33,000 a year: a gross yield of 8.7% on the 2018 price, before the service charge of about AED 7,000 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical studio in MAG 510
400K2017202020232026Typical sale price by year: 2017 AED 384,250; 2018 AED 381,250; 2019 AED 383,000; 2020 AED 368,415; 2021 AED 291,500; 2022 AED 252,500; 2023 AED 301,500; 2024 AED 390,000; 2025 AED 460,000; 2026 AED 478,000Sold by developer, February 2018: AED 378,000 (AED 976 per sqft)

102 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 102, each contractTypical studio in MAG 510
20K30K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 19,000; 2023 AED 23,000; 2024 AED 33,000; 2025 AED 37,750; 2026 AED 38,000New contract, November 2020: AED 18,000 a yearNew contract, April 2021: AED 16,000 a yearNew contract, April 2022: AED 18,000 a yearRenewal, October 2022: AED 24,000 a yearNew contract, May 2023: AED 26,500 a yearNew contract, June 2024: AED 33,000 a yearNew contract, June 2026: AED 33,000 a year

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

Studios in MAG 510, and where 102 sits

All 60 studios →

102 last sold in February 2018 at AED 976 per sqft, 5% below what studios in MAG 510 were fetching at the time (AED 1,027). Over the last 12 months studios sold for AED 440,000 to 485,000, around AED 1,253 per sqft, and rent for AED 18,975 to 54,000 a year. 102's AED 33,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Sep 2026440,000
4 Feb 2026485,000
12 Jan 2026478,000
23 Sep 2025460,000
3 studio sales in the last 12 months

MAG 510

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 1,213
Typical sale
AED 528K
Typical rent
AED 44K /yr
Typical yield
7.7%
MAG 510, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 510
Value
1011-bedAED 480K · Jun 2019
103StudioAED 407K · Sep 2025
1041-bedAED 343K · Dec 2021
1052-bedAED 396K · Dec 2021
1061-bedAED 340K · Mar 2022
107StudioAED 378K · Feb 2018
108StudioAED 363K · Mar 2018
1–7 of 21

102, MAG 510 in numbers

  • Sold once: by MAG on 12 February 2018 for AED 378,000, or AED 976 per sqft.
  • Rented since November 2020 on 7 Ejari contracts. The rent fell from AED 18,000 to AED 16,000 in 2021 and recovered to AED 33,000 by June 2026.
  • At AED 33,000 a year the gross yield on the 2018 price is 8.7%, before a service charge of about AED 7,000 a year (AED 18.21 per sqft).
  • Studios in MAG 510 sold for AED 440,000–485,000 in the 12 months to November 2026; the building's median across all types is AED 1,213 per sqft.

Source: Dubai Land Department. Updated 1 June 2026.

Questions about 102, MAG 510

What did unit 102 last sell for?

AED 378,000 on 12 February 2018, sold by the developer: AED 976 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 33,000 a year on the contract signed on 1 June 2026. The previous contract, from June 2024, was AED 33,000; the unit has been rented since November 2020.

How big is unit 102?

387 sqft (36.0 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 510 sold for AED 440,000 to 485,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 102, MAG 510

Starts from the last sale price (AED 378K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 378,000
Deposit, UAE resident (20%)
AED 75,600
Deposit, non-resident (40%)
AED 151,200
Monthly over 25 years at 3.7%
AED 1,547

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