121, MAG 510
Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 121, MAG 510
What is 121 worth today?
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Source: Dubai Land Department. Updated 25 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 1st of 6
- Parking
- G-21
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,600 /yr
- Last sold
- AED 400K · November 2024
- Building
- MAG 510
About 121, MAG 510
121 is a studio of 360 sqft on the 1st floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 November 2024 for AED 400,000, or AED 1,110 per sqft, 14% above the AED 973 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 25 January 2025, is AED 38,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 6,600 a year.
Sales and rents for 121 over time
121 has sold 3 times; the dashed line is the studio median of each year in the building.
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 121 sits
All 60 studios →121 last sold in November 2024 at AED 1,110 per sqft, 14% above what studios in MAG 510 were fetching at the time (AED 973). 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. 121's AED 38,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Sep 20265 September 2026 | 349 sqft | 440,000 | 1,260 | ||
| 4 Feb 20264 February 2026 | 387 sqft | 485,000 | 1,253 | ||
| 12 Jan 202612 January 2026 | 387 sqft | 478,000 | 1,235 | ||
| 23 Sep 202523 September 2025 | 410 sqft | 460,000 | 1,121 |
MAG 510
Building132 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%
Other units on the 1st floor
All 132 units in MAG 510| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 480KAED 480,000 · Jun 2019June 2019 | 49,000 /yr | |
| 102 | Studio | 387 sqft | AED 378KAED 378,000 · Feb 2018February 2018 | 33,000 /yr | |
| 103 | Studio | 365 sqft | AED 407KAED 407,000 · Sep 2025September 2025 | 36,000 /yr | |
| 104 | 1-bed | 478 sqft | AED 343KAED 343,100 · Dec 2021December 2021 | 44,100 /yr | |
| 105 | 2-bed | 668 sqft | AED 396KAED 396,000 · Dec 2021December 2021 | ||
| 106 | 1-bed | 483 sqft | AED 340KAED 340,000 · Mar 2022March 2022 | ||
| 107 | Studio | 387 sqft | AED 378KAED 378,000 · Feb 2018February 2018 | 42,000 /yr | |
| 108 | Studio | 347 sqft | AED 363KAED 363,379 · Mar 2018March 2018 | 19,000 /yr | |
| 109 | 1-bed | 478 sqft | AED 459KAED 458,720 · Jul 2019July 2019 | 48,000 /yr | |
| 110 | 2-bed | 667 sqft | AED 725KAED 725,000 · Sep 2026September 2026 | 52,020 /yr | |
| 111 | 1-bed | 483 sqft | AED 436KAED 436,000 · Mar 2018March 2018 | 15,050 /yr | |
| 112 | 1-bed | 656 sqft | AED 498KAED 498,000 · Sep 2019September 2019 | ||
| 113 | 1-bed | 622 sqft | AED 465KAED 465,000 · Jan 2024January 2024 | 52,500 /yr | |
| 114 | 1-bed | 638 sqft | AED 400KAED 400,000 · Jul 2022July 2022 | 42,000 /yr | |
| 115 | Studio | 205 sqft | AED 388KAED 388,000 · Oct 2017October 2017 | 28,000 /yr | |
| 116 | Studio | 410 sqft | AED 345KAED 345,000 · May 2024May 2024 | 33,909 /yr | |
| 117 | Studio | 437 sqft | AED 475KAED 475,000 · Mar 2025March 2025 | 45,000 /yr | |
| 118 | Studio | 437 sqft | AED 415KAED 415,000 · Jul 2019July 2019 | 40,000 /yr | |
| 119 | 1-bed | 514 sqft | AED 448KAED 448,000 · Feb 2020February 2020 | 40,992 /yr | |
| 120 | 1-bed | 514 sqft | AED 320KAED 320,000 · Aug 2022August 2022 | 45,000 /yr | |
| 122 | Studio | 360 sqft | AED 390KAED 390,000 · May 2024May 2024 | 35,000 /yr |
121, MAG 510 in numbers
- Sold 3 times: first on 10 December 2017 for AED 370,000, last on 14 November 2024 for AED 400,000 (AED 1,110 per sqft).
- Rented since January 2022 on 5 Ejari contracts, from AED 18,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 6,600 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 25 January 2025.
Questions about 121, MAG 510
What did unit 121 last sell for?
AED 400,000 on 14 November 2024: AED 1,110 per sqft for 360 sqft. The unit has 3 registered sales; the first was AED 370,000 in December 2017.
What is the rent for unit 121?
AED 38,000 a year on the contract signed on 25 January 2025. The previous contract, from December 2024, was AED 38,000; the unit has been rented since January 2022.
How big is unit 121?
360 sqft (33.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 121 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 121, MAG 510
Starts from the last sale price (AED 400K, 14 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →