Studio · 437 sqftMAG 510, Dubai South · 3rd floor · completed 2020

318, MAG 510

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 436K12 March 2025
Current rentAED 54K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, MAG 510

What is 318 worth today?

Last sold for AED 436,000 in 2025

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1 Jan 2026RentedNew contract
AED 54,000/yr12 months · AED 122 per sqft
12 Mar 2025SoldReady
AED 436,000AED 997 per sqft
25 May 2024RentedNew contract
AED 36,901/yr12 months · AED 86 per sqft
17 Nov 2022RentedRenewal
AED 19,000/yr12 months · AED 43 per sqft
17 Nov 2021RentedRenewal
AED 19,000/yr12 months · AED 43 per sqft
17 Oct 2020RentedNew contract
AED 19,000/yr13 months · AED 43 per sqft
23 Jul 2018Sold by developerOff-plan
AED 415,000AED 949 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
3rd of 6
Parking
G-62
Developer
MAG
Completed
2020
Service charge
AED 8,000 /yr
Last sold
AED 436K · March 2025
Building
MAG 510

About 318, MAG 510

318 is a studio of 437 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 2025 for AED 436,000, or AED 997 per sqft, in line with the AED 984 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 1 January 2026, is AED 54,000 a year: a gross yield of 12.4% on the 2025 price, before the service charge of about AED 8,000 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, July 2018: AED 415,000 (AED 949 per sqft)Sold, March 2025: AED 436,000 (AED 997 per sqft)

318 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 318, each contractTypical studio in MAG 510
20K40K60K2020202220242026Typical 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, October 2020: AED 19,000 a yearRenewal, November 2021: AED 19,000 a yearRenewal, November 2022: AED 19,000 a yearNew contract, May 2024: AED 36,901 a yearNew contract, January 2026: AED 54,000 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 318 sits

All 60 studios →

318 last sold in March 2025 at AED 997 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 984). 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. 318's AED 54,000 is at the top 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
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

318, MAG 510 in numbers

  • Sold twice: first on 23 July 2018 for AED 415,000, last on 12 March 2025 for AED 436,000 (AED 997 per sqft).
  • Rented since October 2020 on 5 Ejari contracts, from AED 19,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2025 price is 12.4%, before a service charge of about AED 8,000 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 1 January 2026.

Questions about 318, MAG 510

What did unit 318 last sell for?

AED 436,000 on 12 March 2025: AED 997 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 415,000 in July 2018.

What is the rent for unit 318?

AED 54,000 a year on the contract signed on 1 January 2026. The previous contract, from May 2024, was AED 36,901; the unit has been rented since October 2020.

How big is unit 318?

437 sqft (40.6 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 318 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 318, MAG 510

Starts from the last sale price (AED 436K, 12 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 436,000
Deposit, UAE resident (20%)
AED 87,200
Deposit, non-resident (40%)
AED 174,400
Monthly over 25 years at 3.7%
AED 1,784

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