Studio · 347 sqftMAG 510, Dubai South · 1st floor · completed 2020

108, MAG 510

Sold prices and rental history: sold once, by the developer in March 2018, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 28 April 2021
Last soldAED 363K6 March 2018
Current rentAED 19K /yr28 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, MAG 510

What is 108 worth today?

Last sold for AED 363,379 in 2018

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28 Apr 2021RentedNew contract
AED 19,000/yr12 months · AED 55 per sqft
6 Mar 2018Sold by developerOff-plan
AED 363,379AED 1,046 per sqft

Source: Dubai Land Department. Updated 28 April 2021.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
1st of 6
Parking
G-08
Developer
MAG
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 363K · March 2018
Building
MAG 510

About 108, MAG 510

108 is a studio of 347 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 6 March 2018 for AED 363,379, or AED 1,046 per sqft, in line with the AED 1,027 studios in the building were fetching at the time.

One Ejari contract is registered, from 28 April 2021. The current contract, signed on 28 April 2021, is AED 19,000 a year: a gross yield of 5.2% on the 2018 price, before the service charge of about AED 6,300 a year.

Sales and rents for 108 over time

Sales
Unit 108, 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, March 2018: AED 363,379 (AED 1,046 per sqft)

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

Rents
Unit 108, 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, April 2021: AED 19,000 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 108 sits

All 60 studios →

108 last sold in March 2018 at AED 1,046 per sqft, in line with 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. 108's AED 19,000 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
102StudioAED 378K · Feb 2018
103StudioAED 407K · Sep 2025
1041-bedAED 343K · Dec 2021
1052-bedAED 396K · Dec 2021
1061-bedAED 340K · Mar 2022
107StudioAED 378K · Feb 2018
1–7 of 21

108, MAG 510 in numbers

  • Sold once: by MAG on 6 March 2018 for AED 363,379, or AED 1,046 per sqft.
  • Rented since April 2021 on one Ejari contract, at AED 19,000 a year.
  • At AED 19,000 a year the gross yield on the 2018 price is 5.2%, before a service charge of about AED 6,300 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 28 April 2021.

Questions about 108, MAG 510

What did unit 108 last sell for?

AED 363,379 on 6 March 2018, sold by the developer: AED 1,046 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 19,000 a year on the contract signed on 28 April 2021.

How big is unit 108?

347 sqft (32.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 108 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 108, MAG 510

Starts from the last sale price (AED 363K, 6 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 363,379
Deposit, UAE resident (20%)
AED 72,676
Deposit, non-resident (40%)
AED 145,352
Monthly over 25 years at 3.7%
AED 1,487

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