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

222, MAG 510

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

Unit 222 · DLD and Ejari recordsUpdated 2 February 2024
Last soldAED 374K10 December 2017
Current rentAED 33K /yr2 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 222, MAG 510

What is 222 worth today?

Last sold for AED 373,700 in 2017

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2 Feb 2024RentedNew contract
AED 33,000/yr12 months · AED 93 per sqft
1 Feb 2023RentedRenewal
AED 25,000/yr12 months · AED 70 per sqft
1 Feb 2022RentedRenewal
AED 17,000/yr12 months · AED 48 per sqft
1 Feb 2021RentedNew contract
AED 14,000/yr12 months · AED 39 per sqft
10 Dec 2017Sold by developerOff-plan
AED 373,700AED 1,037 per sqft

Source: Dubai Land Department. Updated 2 February 2024.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
2nd of 6
Parking
G-116
Developer
MAG
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 374K · December 2017
Building
MAG 510

About 222, MAG 510

222 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 10 December 2017 for AED 373,700, or AED 1,037 per sqft, in line with the AED 1,032 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 2 February 2024, is AED 33,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 222 over time

Sales
Unit 222, 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, December 2017: AED 373,700 (AED 1,037 per sqft)

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

Rents
Unit 222, 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, February 2021: AED 14,000 a yearRenewal, February 2022: AED 17,000 a yearRenewal, February 2023: AED 25,000 a yearNew contract, February 2024: AED 33,000 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 222 sits

All 60 studios →

222 last sold in December 2017 at AED 1,037 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 1,032). 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. 222's AED 33,000 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

222, MAG 510 in numbers

  • Sold once: by MAG on 10 December 2017 for AED 373,700, or AED 1,037 per sqft.
  • Rented since February 2021 on 4 Ejari contracts, from AED 14,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2017 price is 8.8%, 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 2 February 2024.

Questions about 222, MAG 510

What did unit 222 last sell for?

AED 373,700 on 10 December 2017, sold by the developer: AED 1,037 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 222?

AED 33,000 a year on the contract signed on 2 February 2024. The previous contract, from February 2023, was AED 25,000; the unit has been rented since February 2021.

How big is unit 222?

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

What is unit 222 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 222, MAG 510

Starts from the last sale price (AED 374K, 10 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 373,700
Deposit, UAE resident (20%)
AED 74,740
Deposit, non-resident (40%)
AED 149,480
Monthly over 25 years at 3.7%
AED 1,529

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