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

418, MAG 510

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 22 October 2026
Last soldAED 430K28 October 2024
Current rentAED 38K /yr22 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, MAG 510

What is 418 worth today?

Last sold for AED 430,000 in 2024

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22 Oct 2026RentedNew contract
AED 38,000/yr12 months · AED 86 per sqft
27 Feb 2026RentedRenewal
AED 43,000/yr12 months · AED 97 per sqft
27 Feb 2025RentedNew contract
AED 43,000/yr12 months · AED 97 per sqft
28 Oct 2024SoldReady
AED 430,000AED 984 per sqft
5 Jan 2024RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
4 Sep 2023RentedRenewal
AED 34,710/yr16 months · AED 79 per sqft
4 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 68 per sqft
24 Aug 2021Sold by developerReady
AED 311,618AED 713 per sqft

Source: Dubai Land Department. Updated 22 October 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
4th of 6
Parking
G-84
Developer
MAG
Completed
2020
Service charge
AED 8,000 /yr
Last sold
AED 430K · October 2024
Building
MAG 510

About 418, MAG 510

418 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. It last sold on 28 October 2024 for AED 430,000, or AED 984 per sqft, in line with the AED 961 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 22 October 2026, is AED 38,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for 418 over time

Sales
Unit 418, 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, August 2021: AED 311,618 (AED 713 per sqft)Sold, October 2024: AED 430,000 (AED 984 per sqft)

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

Rents
Unit 418, each contractTypical studio in MAG 510
20K40K2020202220242026Typical 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, January 2020: AED 50,000 a yearNew contract, September 2022: AED 30,000 a yearRenewal, September 2023: AED 34,710 a yearNew contract, January 2024: AED 36,000 a yearNew contract, February 2025: AED 43,000 a yearRenewal, February 2026: AED 43,000 a yearNew contract, October 2026: AED 38,000 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 418 sits

All 60 studios →

418 last sold in October 2024 at AED 984 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 961). 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. 418's AED 38,000 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

418, MAG 510 in numbers

  • Sold twice: first on 24 August 2021 for AED 311,618, last on 28 October 2024 for AED 430,000 (AED 984 per sqft).
  • Rented since January 2020 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2022 and recovered to AED 38,000 by October 2026.
  • At AED 38,000 a year the gross yield on the 2024 price is 8.8%, 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 22 October 2026.

Questions about 418, MAG 510

What did unit 418 last sell for?

AED 430,000 on 28 October 2024: AED 984 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 311,618 in August 2021.

What is the rent for unit 418?

AED 38,000 a year on the contract signed on 22 October 2026. The previous contract, from February 2026, was AED 43,000; the unit has been rented since January 2020.

How big is unit 418?

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

What is unit 418 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 418, MAG 510

Starts from the last sale price (AED 430K, 28 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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