1-bed · 478 sqftMAG 510, Dubai South · 4th floor · completed 2020

409, MAG 510

Sold prices and rental history: sold once, by the developer in October 2021, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 20 July 2026
Last soldAED 344K7 October 2021
Current rentAED 72K /yr20 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, MAG 510

What is 409 worth today?

Last sold for AED 344,273 in 2021

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20 Jul 2026RentedNew contract
AED 72,000/yr12 months · AED 152 per sqft
7 Oct 2021Sold by developerReady
AED 344,273AED 719 per sqft

Source: Dubai Land Department. Updated 20 July 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
4th of 6
Parking
G-75
Developer
MAG
Completed
2020
Service charge
AED 8,700 /yr
Last sold
AED 344K · October 2021
Building
MAG 510

About 409, MAG 510

409 is a one-bedroom apartment of 478 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 7 October 2021 for AED 344,273, or AED 719 per sqft, in line with the AED 713 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 July 2026. The current contract, signed on 20 July 2026, is AED 72,000 a year: a gross yield of 20.9% on the 2021 price, before the service charge of about AED 8,700 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, October 2021: AED 344,273 (AED 719 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in MAG 510
25K50K75K2020202220242026Typical 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, July 2026: AED 72,000 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 409 sits

All 60 1-beds →

409 last sold in October 2021 at AED 719 per sqft, in line with what one-beds in MAG 510 were fetching at the time (AED 713). 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. 409's AED 72,000 is at the top 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 4th floor

All 132 units in MAG 510
Value
4011-bedAED 625K · Jan 2025
402StudioAED 371K · Oct 2018
403StudioAED 350K · Mar 2024
4041-bedAED 341K · Sep 2021
4052-bedAED 500K · Jul 2019
4061-bedAED 575K · May 2026
407StudioAED 359K · Sep 2019
1–7 of 21

409, MAG 510 in numbers

  • Sold once: by MAG on 7 October 2021 for AED 344,273, or AED 719 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 20.9%, 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 20 July 2026.

Questions about 409, MAG 510

What did unit 409 last sell for?

AED 344,273 on 7 October 2021, sold by the developer: AED 719 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 72,000 a year on the contract signed on 20 July 2026.

How big is unit 409?

478 sqft (44.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 409 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 409, MAG 510

Starts from the last sale price (AED 344K, 7 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 344,273
Deposit, UAE resident (20%)
AED 68,855
Deposit, non-resident (40%)
AED 137,709
Monthly over 25 years at 3.7%
AED 1,409

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