Home
Dubai prices
About
Research
1-bed · 478 sqftMAG 510, Dubai South · 2nd floor · completed 2020

204, MAG 510

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

Unit 204 · DLD and Ejari recordsUpdated 10 November 2025
Last soldAED 425K7 May 2018
Current rentAED 48K /yr10 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 204

Property timeline for 204, MAG 510

What is 204 worth today?

Last sold for AED 425,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Nov 2025RentedNew contract
AED 48,000/yr12 months · AED 101 per sqft
10 Oct 2025RentedRenewal
AED 46,500/yr12 months · AED 98 per sqft
10 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Jun 2023RentedNew contract
AED 28,000/yr12 months · AED 59 per sqft
10 May 2021RentedRenewal
AED 22,000/yr12 months · AED 46 per sqft
10 Apr 2020RentedNew contract
AED 25,000/yr13 months · AED 53 per sqft
7 May 2018Sold by developerOff-plan
AED 425,000AED 888 per sqft

Source: Dubai Land Department. Updated 10 November 2025.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
2nd of 6
Parking
G-26
Developer
MAG
Completed
2020
Service charge
AED 8,700 /yr
Last sold
AED 425K · May 2018
Building
MAG 510

About 204, MAG 510

204 is a one-bedroom apartment of 478 sqft on the 2nd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 May 2018 for AED 425,000, or AED 888 per sqft, in line with the AED 891 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 10 November 2025, is AED 48,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 8,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in MAG 510
400K600K20182020202220242026Typical sale price by year: 2018 AED 468,000; 2019 AED 480,000; 2020 AED 458,000; 2021 AED 431,466; 2022 AED 345,000; 2023 AED 521,976; 2024 AED 472,500; 2025 AED 623,500Sold by developer, May 2018: AED 425,000 (AED 888 per sqft)

204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in MAG 510
20K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 23,000; 2022 AED 26,000; 2023 AED 32,000; 2024 AED 42,500; 2025 AED 50,000; 2026 AED 50,000New contract, April 2020: AED 25,000 a yearRenewal, May 2021: AED 22,000 a yearNew contract, June 2023: AED 28,000 a yearNew contract, October 2024: AED 40,000 a yearRenewal, October 2025: AED 46,500 a yearNew contract, November 2025: AED 48,000 a year

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

1-beds in MAG 510, and where 204 sits

All 60 1-beds →

204 last sold in May 2018 at AED 888 per sqft, in line with what one-beds in MAG 510 were fetching at the time (AED 891). Over the last 12 months one-beds sold for AED 570,000 to 575,000, around AED 1,185 per sqft, and rent for AED 40,000 to 72,000 a year. 204's AED 48,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 May 2026575,000
24 Dec 2025570,000
17 Oct 2025700,000
30 Sep 2025695,000
2 1-bed 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
202StudioAED 485K · Feb 2026
203StudioAED 400K · May 2024
2052-bedAED 497K · May 2019
2061-bedAED 450K · Jul 2024
207StudioAED 475K · Mar 2025
208StudioAED 377K · Oct 2017
1–7 of 21

204, MAG 510 in numbers

  • Sold once: by MAG on 7 May 2018 for AED 425,000, or AED 888 per sqft.
  • Rented since April 2020 on 6 Ejari contracts. The rent fell from AED 25,000 to AED 22,000 in 2021 and recovered to AED 48,000 by November 2025.
  • At AED 48,000 a year the gross yield on the 2018 price is 11.3%, before a service charge of about AED 8,700 a year (AED 18.21 per sqft).
  • One-beds in MAG 510 sold for AED 570,000–575,000 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 10 November 2025.

Questions about 204, MAG 510

What did unit 204 last sell for?

AED 425,000 on 7 May 2018, sold by the developer: AED 888 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 48,000 a year on the contract signed on 10 November 2025. The previous contract, from October 2025, was AED 46,500; the unit has been rented since April 2020.

How big is unit 204?

478 sqft (44.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 510 sold for AED 570,000 to 575,000 in the last 12 months, around AED 1,185 per sqft.

Selling 204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 204, MAG 510

Starts from the last sale price (AED 425K, 7 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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