Studio · 387 sqftMAG 510, Dubai South · 4th floor · completed 2020

402, MAG 510

Sold prices and rental history: sold once, by the developer in October 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 16 October 2018
Last soldAED 371K16 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, MAG 510

What is 402 worth today?

Last sold for AED 371,000 in 2018

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16 Oct 2018Sold by developerOff-plan
AED 371,000AED 958 per sqft

Source: Dubai Land Department. Updated 16 October 2018.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
4th of 6
Parking
G-68
Developer
MAG
Completed
2020
Service charge
AED 7,000 /yr
Last sold
AED 371K · October 2018
Building
MAG 510

About 402, MAG 510

402 is a studio of 387 sqft on the 4th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 16 October 2018 for AED 371,000, or AED 958 per sqft, 4% below the AED 997 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, 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, October 2018: AED 371,000 (AED 958 per sqft)

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

Rents
Unit 402, each contractTypical studio in MAG 510
20K30K40K2020202220242026Typical 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 38,000

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 402 sits

All 60 studios →

402 last sold in October 2018 at AED 958 per sqft, 4% below what studios in MAG 510 were fetching at the time (AED 997). 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.

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 4th floor

All 132 units in MAG 510
Value
4011-bedAED 625K · Jan 2025
403StudioAED 350K · Mar 2024
4041-bedAED 341K · Sep 2021
4052-bedAED 500K · Jul 2019
4061-bedAED 575K · May 2026
407StudioAED 359K · Sep 2019
408StudioAED 255K · May 2022
1–7 of 21

402, MAG 510 in numbers

  • Sold once: by MAG on 16 October 2018 for AED 371,000, or AED 958 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 16 October 2018.

Questions about 402, MAG 510

What did unit 402 last sell for?

AED 371,000 on 16 October 2018, sold by the developer: AED 958 per sqft for 387 sqft. It is the only registered sale of the unit.

How big is unit 402?

387 sqft (36.0 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 402 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 402, MAG 510

Starts from the last sale price (AED 371K, 16 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 371,000
Deposit, UAE resident (20%)
AED 74,200
Deposit, non-resident (40%)
AED 148,400
Monthly over 25 years at 3.7%
AED 1,518

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