Studio · 437 sqftMAG 510, Dubai South · 4th floor · completed 2020

417, MAG 510

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 5 April 2026
Last soldAED 400K30 July 2019
Current rentAED 37K /yr5 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 417, MAG 510

What is 417 worth today?

Last sold for AED 400,000 in 2019

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5 Apr 2026RentedNew contract
AED 36,700/yr12 months · AED 83 per sqft
5 Apr 2022RentedNew contract
AED 20,000/yr12 months · AED 45 per sqft
1 Apr 2021RentedNew contract
AED 18,000/yr12 months · AED 41 per sqft
30 Jul 2019Sold by developerOff-plan
AED 400,000AED 915 per sqft

Source: Dubai Land Department. Updated 5 April 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
4th of 6
Parking
G-83
Developer
MAG
Completed
2020
Service charge
AED 8,000 /yr
Last sold
AED 400K · July 2019
Building
MAG 510

About 417, MAG 510

417 is a studio of 437 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 30 July 2019 for AED 400,000, or AED 915 per sqft, 9% below the AED 1,005 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 5 April 2026, is AED 36,700 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 8,000 a year.

Sales and rents for 417 over time

Sales
Unit 417, 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 2019: AED 400,000 (AED 915 per sqft)

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

Rents
Unit 417, 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 38,000New contract, April 2021: AED 18,000 a yearNew contract, April 2022: AED 20,000 a yearNew contract, April 2026: AED 36,700 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 417 sits

All 60 studios →

417 last sold in July 2019 at AED 915 per sqft, 9% below what studios in MAG 510 were fetching at the time (AED 1,005). 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. 417's AED 36,700 is in the upper half 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 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

417, MAG 510 in numbers

  • Sold once: by MAG on 30 July 2019 for AED 400,000, or AED 915 per sqft.
  • Rented since April 2021 on 3 Ejari contracts, from AED 18,000 to AED 36,700 a year.
  • At AED 36,700 a year the gross yield on the 2019 price is 9.2%, 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 5 April 2026.

Questions about 417, MAG 510

What did unit 417 last sell for?

AED 400,000 on 30 July 2019, sold by the developer: AED 915 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 36,700 a year on the contract signed on 5 April 2026. The previous contract, from April 2022, was AED 20,000; the unit has been rented since April 2021.

How big is unit 417?

437 sqft (40.6 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 417 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 417, MAG 510

Starts from the last sale price (AED 400K, 30 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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