Studio · 365 sqftMAG 510, Dubai South · 3rd floor · completed 2020

303, MAG 510

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 5 December 2025
Last soldAED 344K15 May 2018
Current rentAED 40K /yr5 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, MAG 510

What is 303 worth today?

Last sold for AED 344,000 in 2018

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5 Dec 2025RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
28 Nov 2023RentedNew contract
AED 30,000/yr12 months · AED 82 per sqft
1 Nov 2022RentedRenewal
AED 19,000/yr12 months · AED 52 per sqft
1 Nov 2021RentedRenewal
AED 18,375/yr12 months · AED 50 per sqft
1 Nov 2020RentedNew contract
AED 17,500/yr12 months · AED 48 per sqft
15 May 2018Sold by developerOff-plan
AED 344,000AED 942 per sqft

Source: Dubai Land Department. Updated 5 December 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
3rd of 6
Parking
G-77
Developer
MAG
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 344K · May 2018
Building
MAG 510

About 303, MAG 510

303 is a studio of 365 sqft on the 3rd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 15 May 2018 for AED 344,000, or AED 942 per sqft, 7% below the AED 1,014 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 5 December 2025, is AED 40,000 a year: a gross yield of 11.6% on the 2018 price, before the service charge of about AED 6,600 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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 2018: AED 344,000 (AED 942 per sqft)

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

Rents
Unit 303, 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, November 2020: AED 17,500 a yearRenewal, November 2021: AED 18,375 a yearRenewal, November 2022: AED 19,000 a yearNew contract, November 2023: AED 30,000 a yearNew contract, December 2025: AED 40,000 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 303 sits

All 60 studios →

303 last sold in May 2018 at AED 942 per sqft, 7% below what studios in MAG 510 were fetching at the time (AED 1,014). 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. 303's AED 40,000 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 3rd floor

All 132 units in MAG 510
Value
3011-bedAED 530K · May 2018
302StudioAED 378K · Nov 2017
3041-bedAED 425K · Mar 2024
3052-bedAED 660K · May 2025
3061-bedAED 404K · Jan 2025
307StudioAED 478K · Jan 2026
308StudioAED 327K · Mar 2018
1–7 of 21

303, MAG 510 in numbers

  • Sold once: by MAG on 15 May 2018 for AED 344,000, or AED 942 per sqft.
  • Rented since November 2020 on 5 Ejari contracts, from AED 17,500 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 11.6%, 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 5 December 2025.

Questions about 303, MAG 510

What did unit 303 last sell for?

AED 344,000 on 15 May 2018, sold by the developer: AED 942 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 40,000 a year on the contract signed on 5 December 2025. The previous contract, from November 2023, was AED 30,000; the unit has been rented since November 2020.

How big is unit 303?

365 sqft (33.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 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 303, MAG 510

Starts from the last sale price (AED 344K, 15 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 344,000
Deposit, UAE resident (20%)
AED 68,800
Deposit, non-resident (40%)
AED 137,600
Monthly over 25 years at 3.7%
AED 1,407

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