Home
Dubai prices
About
Blog
1-bed · 483 sqftMAG 510, Dubai South · 2nd floor · completed 2020

206, MAG 510

Sold prices and rental history: sold twice, last in July 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 450K17 July 2024
Current rentAED 24K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 206

Property timeline for 206, MAG 510

What is 206 worth today?

Last sold for AED 450,000 in 2024

Unlock today's estimate, updated daily, with

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

17 Jul 2024SoldReady
AED 450,000AED 931 per sqft
1 Sep 2022RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
1 Sep 2021RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
1 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
29 Jul 2018Sold by developerOff-plan
AED 436,000AED 902 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
2nd of 6
Parking
G-29
Developer
MAG
Completed
2020
Service charge
AED 8,800 /yr
Last sold
AED 450K · July 2024
Building
MAG 510

About 206, MAG 510

206 is a one-bedroom apartment of 483 sqft on the 2nd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 17 July 2024 for AED 450,000, or AED 931 per sqft, 9% above the AED 857 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 24,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 8,800 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, July 2018: AED 436,000 (AED 902 per sqft)Sold, July 2024: AED 450,000 (AED 931 per sqft)

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

Rents
Unit 206, 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, September 2020: AED 22,000 a yearNew contract, September 2021: AED 22,000 a yearRenewal, September 2022: AED 24,000 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 206 sits

All 60 1-beds →

206 last sold in July 2024 at AED 931 per sqft, 9% above what one-beds in MAG 510 were fetching at the time (AED 857). 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. 206's AED 24,000 is at the bottom 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
2041-bedAED 425K · May 2018
2052-bedAED 497K · May 2019
207StudioAED 475K · Mar 2025
208StudioAED 377K · Oct 2017
1–7 of 21

206, MAG 510 in numbers

  • Sold twice: first on 29 July 2018 for AED 436,000, last on 17 July 2024 for AED 450,000 (AED 931 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 22,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 8,800 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 17 July 2024.

Questions about 206, MAG 510

What did unit 206 last sell for?

AED 450,000 on 17 July 2024: AED 931 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 436,000 in July 2018.

What is the rent for unit 206?

AED 24,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 22,000; the unit has been rented since September 2020.

How big is unit 206?

483 sqft (44.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 206 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 206? 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 206, MAG 510

Starts from the last sale price (AED 450K, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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