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1-bed · 656 sqftMAG 510, Dubai South · 2nd floor · completed 2020

212, MAG 510

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 480K14 May 2019
Current rentAED 50K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, MAG 510

What is 212 worth today?

Last sold for AED 480,000 in 2019

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15 Oct 2026RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
15 Oct 2025RentedRenewal
AED 49,000/yr12 months · AED 75 per sqft
15 Oct 2024RentedNew contract
AED 49,000/yr12 months · AED 75 per sqft
5 Oct 2023RentedNew contract
AED 37,000/yr12 months · AED 56 per sqft
3 Jul 2022RentedRenewal
AED 29,000/yr15 months · AED 45 per sqft
3 Jul 2021RentedRenewal
AED 27,000/yr12 months · AED 41 per sqft
3 Jul 2020RentedNew contract
AED 27,000/yr12 months · AED 41 per sqft
14 May 2019Sold by developerOff-plan
AED 480,000AED 731 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
2nd of 6
Parking
G-34
Developer
MAG
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 480K · May 2019
Building
MAG 510

About 212, MAG 510

212 is a one-bedroom apartment of 656 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 14 May 2019 for AED 480,000, or AED 731 per sqft, 14% below the AED 850 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 15 October 2026, is AED 50,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 11,900 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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 2019: AED 480,000 (AED 731 per sqft)

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

Rents
Unit 212, 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, July 2020: AED 27,000 a yearRenewal, July 2021: AED 27,000 a yearRenewal, July 2022: AED 29,000 a yearNew contract, October 2023: AED 37,000 a yearNew contract, October 2024: AED 49,000 a yearRenewal, October 2025: AED 49,000 a yearNew contract, October 2026: AED 50,000 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 212 sits

All 60 1-beds →

212 last sold in May 2019 at AED 731 per sqft, 14% below what one-beds in MAG 510 were fetching at the time (AED 850). 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. 212's AED 50,000 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
2041-bedAED 425K · May 2018
2052-bedAED 497K · May 2019
2061-bedAED 450K · Jul 2024
207StudioAED 475K · Mar 2025
1–7 of 21

212, MAG 510 in numbers

  • Sold once: by MAG on 14 May 2019 for AED 480,000, or AED 731 per sqft.
  • Rented since July 2020 on 7 Ejari contracts, from AED 27,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 11,900 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 15 October 2026.

Questions about 212, MAG 510

What did unit 212 last sell for?

AED 480,000 on 14 May 2019, sold by the developer: AED 731 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 50,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2025, was AED 49,000; the unit has been rented since July 2020.

How big is unit 212?

656 sqft (60.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 212 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.

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Mortgage on 212, MAG 510

Starts from the last sale price (AED 480K, 14 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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