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1-bed · 656 sqftMAG 510, Dubai South · 3rd floor · completed 2020

312, MAG 510

Sold prices and rental history: sold once, by the developer in May 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 480K21 May 2019
Current rentAED 52K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, MAG 510

What is 312 worth today?

Last sold for AED 480,000 in 2019

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1 Jun 2026RentedRenewal
AED 52,000/yr12 months · AED 79 per sqft
1 Jun 2025RentedNew contract
AED 52,000/yr12 months · AED 79 per sqft
22 May 2024RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
1 May 2022RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
20 Feb 2022RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
16 Dec 2020RentedNew contract
AED 25,000/yr12 months · AED 38 per sqft
21 May 2019Sold by developerOff-plan
AED 480,000AED 731 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
3rd of 6
Parking
G-56
Developer
MAG
Completed
2020
Service charge
AED 11,900 /yr
Last sold
AED 480K · May 2019
Building
MAG 510

About 312, MAG 510

312 is a one-bedroom apartment of 656 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 21 May 2019 for AED 480,000, or AED 731 per sqft, 13% below the AED 845 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 52,000 a year: a gross yield of 10.8% on the 2019 price, before the service charge of about AED 11,900 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, May 2019: AED 480,000 (AED 731 per sqft)

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

Rents
Unit 312, 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, December 2020: AED 25,000 a yearNew contract, February 2022: AED 28,000 a yearNew contract, May 2022: AED 28,000 a yearNew contract, May 2024: AED 45,000 a yearNew contract, June 2025: AED 52,000 a yearRenewal, June 2026: AED 52,000 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 312 sits

All 60 1-beds →

312 last sold in May 2019 at AED 731 per sqft, 13% below what one-beds in MAG 510 were fetching at the time (AED 845). 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. 312's AED 52,000 is in the lower half 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
3041-bedAED 425K · Mar 2024
3052-bedAED 660K · May 2025
3061-bedAED 404K · Jan 2025
307StudioAED 478K · Jan 2026
1–7 of 21

312, MAG 510 in numbers

  • Sold once: by MAG on 21 May 2019 for AED 480,000, or AED 731 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 25,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2019 price is 10.8%, before a service charge of about AED 11,900 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 1 June 2026.

Questions about 312, MAG 510

What did unit 312 last sell for?

AED 480,000 on 21 May 2019, sold by the developer: AED 731 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 52,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 52,000; the unit has been rented since December 2020.

How big is unit 312?

656 sqft (60.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 312 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 312, MAG 510

Starts from the last sale price (AED 480K, 21 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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