309, MAG 510
Sold prices and rental history: sold once, by the developer in April 2018, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, MAG 510
What is 309 worth today?
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Source: Dubai Land Department. Updated 18 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 3rd of 6
- Parking
- G-53
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,700 /yr
- Last sold
- AED 477K · April 2018
- Building
- MAG 510
About 309, MAG 510
309 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. The developer sold it on 15 April 2018 for AED 477,000, or AED 997 per sqft, 11% above the AED 896 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 18 June 2022. The current contract, signed on 18 June 2022, is AED 26,000 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 8,700 a year.
Sales and rents for 309 over time
309 has sold once; the dashed line is the one-bed median of each year in the building.
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 309 sits
All 60 1-beds →309 last sold in April 2018 at AED 997 per sqft, 11% above what one-beds in MAG 510 were fetching at the time (AED 896). 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. 309's AED 26,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 483 sqft | 575,000 | 1,190 | ||
| 24 Dec 202524 December 2025 | 483 sqft | 570,000 | 1,180 | ||
| 17 Oct 202517 October 2025 | 622 sqft | 700,000 | 1,124 | ||
| 30 Sep 202530 September 2025 | 628 sqft | 695,000 | 1,106 |
MAG 510
Building132 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%
Other units on the 3rd floor
All 132 units in MAG 510| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 530KAED 530,000 · May 2018May 2018 | 50,000 /yr | |
| 302 | Studio | 387 sqft | AED 378KAED 378,000 · Nov 2017November 2017 | 42,000 /yr | |
| 303 | Studio | 365 sqft | AED 344KAED 344,000 · May 2018May 2018 | 40,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 425KAED 425,000 · Mar 2024March 2024 | 28,000 /yr | |
| 305 | 2-bed | 668 sqft | AED 660KAED 660,000 · May 2025May 2025 | 62,000 /yr | |
| 306 | 1-bed | 483 sqft | AED 404KAED 404,000 · Jan 2025January 2025 | 43,000 /yr | |
| 307 | Studio | 387 sqft | AED 478KAED 478,000 · Jan 2026January 2026 | 44,000 /yr | |
| 308 | Studio | 347 sqft | AED 327KAED 327,000 · Mar 2018March 2018 | 34,000 /yr | |
| 310 | 2-bed | 667 sqft | AED 540KAED 539,800 · Jul 2018July 2018 | ||
| 311 | 1-bed | 483 sqft | AED 540KAED 540,000 · Jan 2025January 2025 | 54,000 /yr | |
| 312 | 1-bed | 656 sqft | AED 480KAED 480,000 · May 2019May 2019 | 52,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 510KAED 509,548 · Feb 2018February 2018 | 50,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 519KAED 518,750 · Jul 2020July 2020 | ||
| 315 | Studio | 410 sqft | AED 445KAED 444,600 · Dec 2017December 2017 | 38,000 /yr | |
| 316 | Studio | 410 sqft | AED 415KAED 415,000 · Dec 2017December 2017 | 40,000 /yr | |
| 317 | Studio | 437 sqft | AED 436KAED 435,850 · May 2018May 2018 | ||
| 318 | Studio | 437 sqft | AED 436KAED 436,000 · Mar 2025March 2025 | 54,000 /yr | |
| 319 | 1-bed | 514 sqft | AED 365KAED 364,692 · May 2021May 2021 | 50,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 450KAED 450,000 · Dec 2023December 2023 | ||
| 321 | Studio | 360 sqft | AED 336KAED 335,500 · May 2018May 2018 | 43,000 /yr | |
| 322 | Studio | 360 sqft | AED 336KAED 335,500 · May 2018May 2018 | 42,000 /yr |
309, MAG 510 in numbers
- Sold once: by MAG on 15 April 2018 for AED 477,000, or AED 997 per sqft.
- Rented since June 2022 on one Ejari contract, at AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2018 price is 5.5%, 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 18 June 2022.
Questions about 309, MAG 510
What did unit 309 last sell for?
AED 477,000 on 15 April 2018, sold by the developer: AED 997 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 26,000 a year on the contract signed on 18 June 2022.
How big is unit 309?
478 sqft (44.4 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 309 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 309, MAG 510
Starts from the last sale price (AED 477K, 15 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 477,000
- Deposit, UAE resident (20%)
- AED 95,400
- Deposit, non-resident (40%)
- AED 190,800
- Monthly over 25 years at 3.7%
- AED 1,952
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →