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Studio · 437 sqftMAG 510, Dubai South · 2nd floor · completed 2020

217, MAG 510

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 436K17 September 2018
Current rentAED 43K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 217, MAG 510

What is 217 worth today?

Last sold for AED 435,830 in 2018

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12 Sep 2026RentedRenewal
AED 43,000/yr12 months · AED 97 per sqft
12 Sep 2025RentedNew contract
AED 43,000/yr12 months · AED 97 per sqft
22 Aug 2024RentedNew contract
AED 37,000/yr12 months · AED 84 per sqft
20 Jan 2023RentedNew contract
AED 23,000/yr12 months · AED 52 per sqft
1 Mar 2022RentedNew contract
AED 19,000/yr12 months · AED 43 per sqft
18 Jan 2022RentedNew contract
AED 18,000/yr12 months · AED 41 per sqft
17 Sep 2018Sold by developerOff-plan
AED 435,830AED 997 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
2nd of 6
Parking
G-39
Developer
MAG
Completed
2020
Service charge
AED 8,000 /yr
Last sold
AED 436K · September 2018
Building
MAG 510

About 217, MAG 510

217 is a studio of 437 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 17 September 2018 for AED 435,830, or AED 997 per sqft, in line with the AED 997 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 12 September 2026, is AED 43,000 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 8,000 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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, September 2018: AED 435,830 (AED 997 per sqft)

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

Rents
Unit 217, 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, January 2022: AED 18,000 a yearNew contract, March 2022: AED 19,000 a yearNew contract, January 2023: AED 23,000 a yearNew contract, August 2024: AED 37,000 a yearNew contract, September 2025: AED 43,000 a yearRenewal, September 2026: AED 43,000 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 217 sits

All 60 studios →

217 last sold in September 2018 at AED 997 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 997). 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. 217's AED 43,000 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

217, MAG 510 in numbers

  • Sold once: by MAG on 17 September 2018 for AED 435,830, or AED 997 per sqft.
  • Rented since January 2022 on 6 Ejari contracts, from AED 18,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2018 price is 9.9%, before a service charge of about AED 8,000 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 12 September 2026.

Questions about 217, MAG 510

What did unit 217 last sell for?

AED 435,830 on 17 September 2018, sold by the developer: AED 997 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 217?

AED 43,000 a year on the contract renewed on 12 September 2026. The previous contract, from September 2025, was AED 43,000; the unit has been rented since January 2022.

How big is unit 217?

437 sqft (40.6 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 217 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 217, MAG 510

Starts from the last sale price (AED 436K, 17 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 435,830
Deposit, UAE resident (20%)
AED 87,166
Deposit, non-resident (40%)
AED 174,332
Monthly over 25 years at 3.7%
AED 1,783

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