501, MAG 510
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, MAG 510
What is 501 worth today?
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Source: Dubai Land Department. Updated 21 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 629 sqft
- Floor
- 5th of 6
- Parking
- G-89
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 11,500 /yr
- Last sold
- AED 550K · August 2024
- Building
- MAG 510
About 501, MAG 510
501 is a one-bedroom apartment of 629 sqft on the 5th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 29 August 2024 for AED 550,000, or AED 873 per sqft, in line with the AED 862 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 21 September 2026, is AED 50,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 11,500 a year.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the one-bed median of each year in the building.
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 501 sits
All 60 1-beds →501 last sold in August 2024 at AED 873 per sqft, in line with what one-beds in MAG 510 were fetching at the time (AED 862). 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. 501's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 483 sqft | 575,000 | 1,190 | ||
| 24 Dec 202524 December 2025 | 483 sqft | 570,000 | 1,180 | ||
| 17 Oct 202517 October 2025 | 622 sqft | 700,000 | 1,124 | ||
| 30 Sep 202530 September 2025 | 628 sqft | 695,000 | 1,106 |
MAG 510
Building132 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%
Other units on the 5th floor
All 132 units in MAG 510| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | Studio | 389 sqft | AED 386KAED 386,000 · Sep 2018September 2018 | 34,000 /yr | |
| 503 | Studio | 365 sqft | AED 384KAED 383,500 · Oct 2017October 2017 | 18,975 /yr | |
| 504 | 1-bed | 478 sqft | AED 470KAED 470,000 · May 2018May 2018 | 50,000 /yr | |
| 505 | 2-bed | 668 sqft | AED 630KAED 630,000 · Mar 2024March 2024 | 45,000 /yr | |
| 506 | 1-bed | 483 sqft | AED 570KAED 570,000 · Dec 2025December 2025 | 50,000 /yr | |
| 507 | Studio | 389 sqft | AED 386KAED 386,000 · Sep 2018September 2018 | ||
| 508 | Studio | 349 sqft | AED 365KAED 364,500 · Feb 2019February 2019 | 35,000 /yr | |
| 509 | 1-bed | 478 sqft | AED 490KAED 490,000 · Jan 2025January 2025 | 35,000 /yr | |
| 510 | 2-bed | 667 sqft | AED 638KAED 638,417 · Mar 2018March 2018 | 54,600 /yr | |
| 511 | 1-bed | 483 sqft | AED 435KAED 435,000 · Nov 2017November 2017 | 43,000 /yr | |
| 512 | 1-bed | 657 sqft | AED 400KAED 400,000 · Jun 2023June 2023 | 58,000 /yr | |
| 513 | 1-bed | 623 sqft | AED 575KAED 575,000 · Oct 2024October 2024 | 55,000 /yr | |
| 514 | 1-bed | 638 sqft | AED 535KAED 535,345 · Apr 2019April 2019 | 44,100 /yr | |
| 515 | Studio | 410 sqft | AED 425KAED 425,000 · Nov 2017November 2017 | 41,000 /yr | |
| 516 | Studio | 410 sqft | AED 460KAED 460,000 · Sep 2025September 2025 | 31,500 /yr | |
| 517 | Studio | 437 sqft | AED 396KAED 396,000 · Sep 2018September 2018 | 25,000 /yr | |
| 518 | Studio | 437 sqft | AED 325KAED 325,000 · May 2023May 2023 | 22,000 /yr | |
| 519 | 1-bed | 514 sqft | AED 448KAED 448,000 · Apr 2019April 2019 | 55,000 /yr | |
| 520 | 1-bed | 514 sqft | AED 645KAED 645,000 · Sep 2025September 2025 | 53,000 /yr | |
| 521 | Studio | 360 sqft | AED 295KAED 295,000 · Apr 2023April 2023 | 31,500 /yr | |
| 522 | Studio | 360 sqft | AED 300KAED 300,000 · Aug 2020August 2020 | 30,000 /yr |
501, MAG 510 in numbers
- Sold twice: first on 22 May 2018 for AED 505,407, last on 29 August 2024 for AED 550,000 (AED 873 per sqft).
- Rented since July 2020 on 7 Ejari contracts, from AED 23,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 11,500 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 21 September 2026.
Questions about 501, MAG 510
What did unit 501 last sell for?
AED 550,000 on 29 August 2024: AED 873 per sqft for 629 sqft. The unit has 2 registered sales; the first was AED 505,407 in May 2018.
What is the rent for unit 501?
AED 50,000 a year on the contract renewed on 21 September 2026. The previous contract, from September 2025, was AED 49,862; the unit has been rented since July 2020.
How big is unit 501?
629 sqft (58.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 501 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 501, MAG 510
Starts from the last sale price (AED 550K, 29 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →