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Studio · 347 sqftMAG 510, Dubai South · 2nd floor · completed 2020

208, MAG 510

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 377K30 October 2017
Current rentAED 54K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, MAG 510

What is 208 worth today?

Last sold for AED 377,000 in 2017

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1 Feb 2026RentedNew contract
AED 54,000/yr12 months · AED 155 per sqft
1 Mar 2025RentedRenewal
AED 40,800/yr12 months · AED 117 per sqft
1 Mar 2024RentedNew contract
AED 37,000/yr12 months · AED 107 per sqft
21 Feb 2023RentedNew contract
AED 24,000/yr12 months · AED 69 per sqft
1 Mar 2022RentedNew contract
AED 19,000/yr12 months · AED 55 per sqft
5 Jan 2021RentedNew contract
AED 18,000/yr12 months · AED 52 per sqft
30 Oct 2017Sold by developerOff-plan
AED 377,000AED 1,085 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
2nd of 6
Parking
G-72
Developer
MAG
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 377K · October 2017
Building
MAG 510

About 208, MAG 510

208 is a studio of 347 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 30 October 2017 for AED 377,000, or AED 1,085 per sqft, 9% above the AED 998 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 1 February 2026, is AED 54,000 a year: a gross yield of 14.3% on the 2017 price, before the service charge of about AED 6,300 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, October 2017: AED 377,000 (AED 1,085 per sqft)

208 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 208, each contractTypical studio in MAG 510
20K40K60K2020202220242026Typical 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, January 2021: AED 18,000 a yearNew contract, March 2022: AED 19,000 a yearNew contract, February 2023: AED 24,000 a yearNew contract, March 2024: AED 37,000 a yearRenewal, March 2025: AED 40,800 a yearNew contract, February 2026: AED 54,000 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 208 sits

All 60 studios →

208 last sold in October 2017 at AED 1,085 per sqft, 9% above what studios in MAG 510 were fetching at the time (AED 998). 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. 208's AED 54,000 is at the top 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 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
2061-bedAED 450K · Jul 2024
207StudioAED 475K · Mar 2025
1–7 of 21

208, MAG 510 in numbers

  • Sold once: by MAG on 30 October 2017 for AED 377,000, or AED 1,085 per sqft.
  • Rented since January 2021 on 6 Ejari contracts, from AED 18,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2017 price is 14.3%, before a service charge of about AED 6,300 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 1 February 2026.

Questions about 208, MAG 510

What did unit 208 last sell for?

AED 377,000 on 30 October 2017, sold by the developer: AED 1,085 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 54,000 a year on the contract signed on 1 February 2026. The previous contract, from March 2025, was AED 40,800; the unit has been rented since January 2021.

How big is unit 208?

347 sqft (32.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 208 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 208, MAG 510

Starts from the last sale price (AED 377K, 30 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 377,000
Deposit, UAE resident (20%)
AED 75,400
Deposit, non-resident (40%)
AED 150,800
Monthly over 25 years at 3.7%
AED 1,542

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