1-bed · 514 sqftMAG 510, Dubai South · 4th floor · completed 2020

419, MAG 510

Sold prices and rental history: sold twice, last in September 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 4 September 2024
Last soldAED 480K4 September 2024
Current rentAED 33K /yr10 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 419, MAG 510

What is 419 worth today?

Last sold for AED 480,000 in 2024

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4 Sep 2024SoldReady
AED 480,000AED 934 per sqft
10 Apr 2023RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
25 Feb 2022RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
25 Oct 2021Sold by developerReady
AED 431,466AED 839 per sqft

Source: Dubai Land Department. Updated 4 September 2024.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
4th of 6
Parking
G-85
Developer
MAG
Completed
2020
Service charge
AED 9,400 /yr
Last sold
AED 480K · September 2024
Building
MAG 510

About 419, MAG 510

419 is a one-bedroom apartment of 514 sqft on the 4th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 4 September 2024 for AED 480,000, or AED 934 per sqft, 8% above the AED 868 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 10 April 2023, is AED 33,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 9,400 a year.

Sales and rents for 419 over time

Sales
Unit 419, 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 431,466 (AED 839 per sqft)Sold, September 2024: AED 480,000 (AED 934 per sqft)

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

Rents
Unit 419, each contractTypical one-bed in MAG 510
20K40K2020202220242026Typical 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, February 2022: AED 26,000 a yearNew contract, April 2023: AED 33,000 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 419 sits

All 60 1-beds →

419 last sold in September 2024 at AED 934 per sqft, 8% above what one-beds in MAG 510 were fetching at the time (AED 868). 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. 419's AED 33,000 is at the bottom 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

419, MAG 510 in numbers

  • Sold twice: first on 25 October 2021 for AED 431,466, last on 4 September 2024 for AED 480,000 (AED 934 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, from AED 26,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 9,400 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 4 September 2024.

Questions about 419, MAG 510

What did unit 419 last sell for?

AED 480,000 on 4 September 2024: AED 934 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 431,466 in October 2021.

What is the rent for unit 419?

AED 33,000 a year on the contract signed on 10 April 2023. The previous contract, from February 2022, was AED 26,000.

How big is unit 419?

514 sqft (47.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 419 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 419, MAG 510

Starts from the last sale price (AED 480K, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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