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Studio · 410 sqftMAG 510, Dubai South · 2nd floor · completed 2020

215, MAG 510

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 308K20 July 2023
Current rentAED 44K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, MAG 510

What is 215 worth today?

Last sold for AED 308,000 in 2023

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20 Feb 2026RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
25 Feb 2025RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
25 Feb 2025RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
17 Dec 2023RentedRenewal
AED 20,700/yr12 months · AED 51 per sqft
11 Aug 2023RentedNew contract
AED 18,000/yr4 months · AED 44 per sqft
20 Jul 2023SoldReady
AED 308,000AED 751 per sqft
17 Dec 2022RentedNew contract
AED 18,000/yr12 months · AED 44 per sqft
5 May 2019Sold by developerOff-plan
AED 415,000AED 1,012 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
2nd of 6
Parking
G-37
Developer
MAG
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 308K · July 2023
Building
MAG 510

About 215, MAG 510

215 is a studio of 410 sqft on the 2nd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 July 2023 for AED 308,000, or AED 751 per sqft, in line with the AED 747 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 20 February 2026, is AED 44,000 a year: a gross yield of 14.3% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, May 2019: AED 415,000 (AED 1,012 per sqft)Sold, July 2023: AED 308,000 (AED 751 per sqft)

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

Rents
Unit 215, 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, December 2022: AED 18,000 a yearNew contract, August 2023: AED 18,000 a yearRenewal, December 2023: AED 20,700 a yearNew contract, February 2025: AED 40,000 a yearNew contract, February 2025: AED 40,000 a yearNew contract, February 2026: AED 44,000 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 215 sits

All 60 studios →

215 last sold in July 2023 at AED 751 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 747). 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. 215's AED 44,000 is in the upper half 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

215, MAG 510 in numbers

  • Sold twice: first on 5 May 2019 for AED 415,000, last on 20 July 2023 for AED 308,000 (AED 751 per sqft).
  • Rented since December 2022 on 6 Ejari contracts, from AED 18,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2023 price is 14.3%, before a service charge of about AED 7,500 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 20 February 2026.

Questions about 215, MAG 510

What did unit 215 last sell for?

AED 308,000 on 20 July 2023: AED 751 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 415,000 in May 2019.

What is the rent for unit 215?

AED 44,000 a year on the contract signed on 20 February 2026. The previous contract, from February 2025, was AED 40,000; the unit has been rented since December 2022.

How big is unit 215?

410 sqft (38.1 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 215 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 215, MAG 510

Starts from the last sale price (AED 308K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 308,000
Deposit, UAE resident (20%)
AED 61,600
Deposit, non-resident (40%)
AED 123,200
Monthly over 25 years at 3.7%
AED 1,260

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