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Studio · 387 sqftMAG 510, Dubai South · 2nd floor · completed 2020

202, MAG 510

Sold prices and rental history: sold twice, last in February 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 5 March 2026
Last soldAED 485K4 February 2026
Current rentAED 45K /yr5 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, MAG 510

What is 202 worth today?

Last sold for AED 485,000 in 2026

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5 Mar 2026RentedNew contract
AED 45,000/yr12 months · AED 116 per sqft
4 Feb 2026SoldReady
AED 485,000AED 1,253 per sqft
19 Dec 2024RentedNew contract
AED 27,500/yr12 months · AED 71 per sqft
19 Dec 2024RentedNew contract
AED 27,500/yr12 months · AED 71 per sqft
20 Dec 2023RentedNew contract
AED 25,000/yr12 months · AED 65 per sqft
20 Dec 2022RentedNew contract
AED 21,000/yr12 months · AED 54 per sqft
14 Nov 2021RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft
25 Oct 2020RentedNew contract
AED 17,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 5 March 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
2nd of 6
Parking
G-24
Developer
MAG
Completed
2020
Service charge
AED 7,000 /yr
Last sold
AED 485K · February 2026
Building
MAG 510

About 202, MAG 510

202 is a studio of 387 sqft on the 2nd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 4 February 2026 for AED 485,000, or AED 1,253 per sqft, 12% above the AED 1,121 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 5 March 2026, is AED 45,000 a year: a gross yield of 9.3% on the 2026 price, before the service charge of about AED 7,000 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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 2019: AED 400,000 (AED 1,033 per sqft)Sold, February 2026: AED 485,000 (AED 1,253 per sqft)

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

Rents
Unit 202, 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 38,000New contract, October 2020: AED 17,000 a yearNew contract, November 2021: AED 20,000 a yearNew contract, December 2022: AED 21,000 a yearNew contract, December 2023: AED 25,000 a yearNew contract, December 2024: AED 27,500 a yearNew contract, December 2024: AED 27,500 a yearNew contract, March 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 202 sits

All 60 studios →

202 last sold in February 2026 at AED 1,253 per sqft, 12% above what studios in MAG 510 were fetching at the time (AED 1,121). 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. 202's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Sep 2026440,000
12 Jan 2026478,000
23 Sep 2025460,000
1 Sep 2025407,000
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 2nd floor

All 132 units in MAG 510
Value
2011-bedAED 695K · Sep 2025
203StudioAED 400K · May 2024
2041-bedAED 425K · May 2018
2052-bedAED 497K · May 2019
2061-bedAED 450K · Jul 2024
207StudioAED 475K · Mar 2025
208StudioAED 377K · Oct 2017
1–7 of 21

202, MAG 510 in numbers

  • Sold twice: first on 26 September 2019 for AED 400,000, last on 4 February 2026 for AED 485,000 (AED 1,253 per sqft).
  • Rented since October 2020 on 7 Ejari contracts, from AED 17,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2026 price is 9.3%, 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 5 March 2026.

Questions about 202, MAG 510

What did unit 202 last sell for?

AED 485,000 on 4 February 2026: AED 1,253 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 400,000 in September 2019.

What is the rent for unit 202?

AED 45,000 a year on the contract signed on 5 March 2026. The previous contract, from December 2024, was AED 27,500; the unit has been rented since October 2020.

How big is unit 202?

387 sqft (36.0 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 202 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 202, MAG 510

Starts from the last sale price (AED 485K, 4 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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