1-bed · 478 sqftMAG 510, Dubai South · 3rd floor · completed 2020

304, MAG 510

Sold prices and rental history: sold twice, last in March 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 12 March 2024
Last soldAED 425K12 March 2024
Current rentAED 28K /yr13 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, MAG 510

What is 304 worth today?

Last sold for AED 425,000 in 2024

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12 Mar 2024SoldReady
AED 425,000AED 888 per sqft
13 Oct 2022RentedNew contract
AED 28,000/yr12 months · AED 59 per sqft
12 Oct 2021RentedNew contract
AED 26,000/yr12 months · AED 55 per sqft
26 Jul 2018Sold by developerOff-plan
AED 420,000AED 878 per sqft

Source: Dubai Land Department. Updated 12 March 2024.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
3rd of 6
Parking
G-48
Developer
MAG
Completed
2020
Service charge
AED 8,700 /yr
Last sold
AED 425K · March 2024
Building
MAG 510

About 304, MAG 510

304 is a one-bedroom apartment of 478 sqft on the 3rd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 12 March 2024 for AED 425,000, or AED 888 per sqft, 6% above the AED 838 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 13 October 2022, is AED 28,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 8,700 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in MAG 510
400K600K20182020202220242026Typical sale price by year: 2018 AED 468,000; 2019 AED 480,000; 2020 AED 458,000; 2021 AED 431,466; 2022 AED 345,000; 2023 AED 521,976; 2024 AED 472,500; 2025 AED 623,500Sold by developer, July 2018: AED 420,000 (AED 878 per sqft)Sold, March 2024: AED 425,000 (AED 888 per sqft)

304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, each contractTypical one-bed in MAG 510
20K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 23,000; 2022 AED 26,000; 2023 AED 32,000; 2024 AED 42,500; 2025 AED 50,000; 2026 AED 50,000New contract, October 2021: AED 26,000 a yearNew contract, October 2022: AED 28,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 510, and where 304 sits

All 60 1-beds →

304 last sold in March 2024 at AED 888 per sqft, 6% above what one-beds in MAG 510 were fetching at the time (AED 838). Over the last 12 months one-beds sold for AED 570,000 to 575,000, around AED 1,185 per sqft, and rent for AED 40,000 to 72,000 a year. 304's AED 28,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 May 2026575,000
24 Dec 2025570,000
17 Oct 2025700,000
30 Sep 2025695,000
2 1-bed 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
303StudioAED 344K · May 2018
3052-bedAED 660K · May 2025
3061-bedAED 404K · Jan 2025
307StudioAED 478K · Jan 2026
308StudioAED 327K · Mar 2018
1–7 of 21

304, MAG 510 in numbers

  • Sold twice: first on 26 July 2018 for AED 420,000, last on 12 March 2024 for AED 425,000 (AED 888 per sqft).
  • Rented since October 2021 on 2 Ejari contracts, from AED 26,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 8,700 a year (AED 18.21 per sqft).
  • One-beds in MAG 510 sold for AED 570,000–575,000 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 March 2024.

Questions about 304, MAG 510

What did unit 304 last sell for?

AED 425,000 on 12 March 2024: AED 888 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 420,000 in July 2018.

What is the rent for unit 304?

AED 28,000 a year on the contract signed on 13 October 2022. The previous contract, from October 2021, was AED 26,000.

How big is unit 304?

478 sqft (44.4 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 510 sold for AED 570,000 to 575,000 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on 304, MAG 510

Starts from the last sale price (AED 425K, 12 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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