Studio · 360 sqftMAG 510, Dubai South · 2nd floor · completed 2020

221, MAG 510

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 221 · DLD and Ejari recordsUpdated 28 September 2025
Last soldAED 386K23 May 2019
Current rentAED 35K /yr28 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 221, MAG 510

What is 221 worth today?

Last sold for AED 386,000 in 2019

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28 Sep 2025RentedRenewal
AED 35,000/yr12 months · AED 99 per sqft
28 Sep 2024RentedRenewal
AED 33,000/yr12 months · AED 93 per sqft
23 May 2019Sold by developerOff-plan
AED 386,000AED 1,072 per sqft

Source: Dubai Land Department. Updated 28 September 2025.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
2nd of 6
Parking
G-43
Developer
MAG
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 386K · May 2019
Building
MAG 510

About 221, MAG 510

221 is a studio of 360 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 23 May 2019 for AED 386,000, or AED 1,072 per sqft, 8% above the AED 991 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 28 September 2025, is AED 35,000 a year: a gross yield of 9.1% on the 2019 price, before the service charge of about AED 6,600 a year.

Sales and rents for 221 over time

Sales
Unit 221, 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 386,000 (AED 1,072 per sqft)

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

Rents
Unit 221, each contractTypical studio in MAG 510
20K30K40K2020202220242026Typical 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 38,000Renewal, September 2024: AED 33,000 a yearRenewal, September 2025: AED 35,000 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 221 sits

All 60 studios →

221 last sold in May 2019 at AED 1,072 per sqft, 8% above what studios in MAG 510 were fetching at the time (AED 991). 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. 221's AED 35,000 is in the lower 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

221, MAG 510 in numbers

  • Sold once: by MAG on 23 May 2019 for AED 386,000, or AED 1,072 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 33,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 9.1%, before a service charge of about AED 6,600 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 28 September 2025.

Questions about 221, MAG 510

What did unit 221 last sell for?

AED 386,000 on 23 May 2019, sold by the developer: AED 1,072 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 221?

AED 35,000 a year on the contract renewed on 28 September 2025. The previous contract, from September 2024, was AED 33,000.

How big is unit 221?

360 sqft (33.4 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 221 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 221, MAG 510

Starts from the last sale price (AED 386K, 23 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 386,000
Deposit, UAE resident (20%)
AED 77,200
Deposit, non-resident (40%)
AED 154,400
Monthly over 25 years at 3.7%
AED 1,579

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