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Studio · 360 sqftMAG 510, Dubai South · 4th floor · completed 2020

422, MAG 510

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

Unit 422 · DLD and Ejari recordsUpdated 10 June 2026
Last soldAED 250K24 May 2022
Current rentAED 32K /yr10 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 422, MAG 510

What is 422 worth today?

Last sold for AED 250,000 in 2022

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10 Jun 2026RentedRenewal
AED 32,000/yr12 months · AED 90 per sqft
10 Jun 2025RentedRenewal
AED 32,000/yr12 months · AED 90 per sqft
10 Jun 2024RentedRenewal
AED 25,000/yr12 months · AED 70 per sqft
10 Jun 2023RentedRenewal
AED 21,000/yr12 months · AED 59 per sqft
10 Jun 2022RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft
24 May 2022SoldReady
AED 250,000AED 694 per sqft
10 Jun 2019Sold by developerOff-plan
AED 375,000AED 1,041 per sqft

Source: Dubai Land Department. Updated 10 June 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
4th of 6
Parking
G-88
Developer
MAG
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 250K · May 2022
Building
MAG 510

About 422, MAG 510

422 is a studio of 360 sqft on the 4th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 May 2022 for AED 250,000, or AED 694 per sqft, in line with the AED 704 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 June 2026, is AED 32,000 a year: a gross yield of 12.8% on the 2022 price, before the service charge of about AED 6,600 a year.

Sales and rents for 422 over time

Sales
Unit 422, 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, June 2019: AED 375,000 (AED 1,041 per sqft)Sold, May 2022: AED 250,000 (AED 694 per sqft)

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

Rents
Unit 422, 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, June 2022: AED 20,000 a yearRenewal, June 2023: AED 21,000 a yearRenewal, June 2024: AED 25,000 a yearRenewal, June 2025: AED 32,000 a yearRenewal, June 2026: AED 32,000 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 422 sits

All 60 studios →

422 last sold in May 2022 at AED 694 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 704). 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. 422's AED 32,000 is in the lower 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

422, MAG 510 in numbers

  • Sold twice: first on 10 June 2019 for AED 375,000, last on 24 May 2022 for AED 250,000 (AED 694 per sqft).
  • Rented since June 2022 on 5 Ejari contracts, from AED 20,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2022 price is 12.8%, before a service charge of about AED 6,600 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 10 June 2026.

Questions about 422, MAG 510

What did unit 422 last sell for?

AED 250,000 on 24 May 2022: AED 694 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 375,000 in June 2019.

What is the rent for unit 422?

AED 32,000 a year on the contract renewed on 10 June 2026. The previous contract, from June 2025, was AED 32,000; the unit has been rented since June 2022.

How big is unit 422?

360 sqft (33.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 422 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 422, MAG 510

Starts from the last sale price (AED 250K, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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