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Studio · 437 sqftMAG 510, Dubai South · 1st floor · completed 2020

117, MAG 510

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 4 April 2026
Last soldAED 475K20 March 2025
Current rentAED 45K /yr4 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 117, MAG 510

What is 117 worth today?

Last sold for AED 475,000 in 2025

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4 Apr 2026RentedNew contract
AED 45,000/yr12 months · AED 102 per sqft
15 Jul 2025RentedRenewal
AED 24,899/yr7 months · AED 58 per sqft
20 Mar 2025SoldReady
AED 475,000AED 1,087 per sqft
15 Jul 2024RentedRenewal
AED 25,000/yr12 months · AED 58 per sqft
15 Jul 2023RentedRenewal
AED 24,000/yr12 months · AED 56 per sqft
15 Jul 2022RentedRenewal
AED 18,000/yr12 months · AED 42 per sqft
15 Jul 2021RentedRenewal
AED 18,000/yr12 months · AED 41 per sqft
26 Sep 2017Sold by developerOff-plan
AED 411,600AED 942 per sqft

Source: Dubai Land Department. Updated 4 April 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
1st of 6
Parking
G-17
Developer
MAG
Completed
2020
Service charge
AED 8,000 /yr
Last sold
AED 475K · March 2025
Building
MAG 510

About 117, MAG 510

117 is a studio of 437 sqft on the 1st floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 March 2025 for AED 475,000, or AED 1,087 per sqft, 9% above the AED 997 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 4 April 2026, is AED 45,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 8,000 a year.

Sales and rents for 117 over time

Sales
Unit 117, 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, September 2017: AED 411,600 (AED 942 per sqft)Sold, March 2025: AED 475,000 (AED 1,087 per sqft)

117 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 117, each contractTypical studio in MAG 510
20K40K2020202220242026Typical 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 38,000Renewal, July 2021: AED 18,000 a yearRenewal, July 2022: AED 18,000 a yearRenewal, July 2023: AED 24,000 a yearRenewal, July 2024: AED 25,000 a yearRenewal, July 2025: AED 24,899 a yearNew contract, April 2026: AED 45,000 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 117 sits

All 60 studios →

117 last sold in March 2025 at AED 1,087 per sqft, 9% above what studios in MAG 510 were fetching at the time (AED 997). 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. 117's AED 45,000 is in the upper 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

117, MAG 510 in numbers

  • Sold twice: first on 26 September 2017 for AED 411,600, last on 20 March 2025 for AED 475,000 (AED 1,087 per sqft).
  • Rented since July 2021 on 6 Ejari contracts, from AED 18,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 8,000 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 4 April 2026.

Questions about 117, MAG 510

What did unit 117 last sell for?

AED 475,000 on 20 March 2025: AED 1,087 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 411,600 in September 2017.

What is the rent for unit 117?

AED 45,000 a year on the contract signed on 4 April 2026. The previous contract, from July 2025, was AED 24,899; the unit has been rented since July 2021.

How big is unit 117?

437 sqft (40.6 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 117 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 117, MAG 510

Starts from the last sale price (AED 475K, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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