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Studio · 365 sqftMAG 510, Dubai South · 5th floor · completed 2020

503, MAG 510

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 15 May 2026
Last soldAED 384K24 October 2017
Current rentAED 19K /yr15 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, MAG 510

What is 503 worth today?

Last sold for AED 383,500 in 2017

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15 May 2026RentedRenewal
AED 18,975/yr12 months · AED 52 per sqft
15 May 2025RentedRenewal
AED 18,975/yr12 months · AED 52 per sqft
15 May 2024RentedRenewal
AED 18,975/yr12 months · AED 52 per sqft
15 May 2023RentedRenewal
AED 16,500/yr12 months · AED 45 per sqft
15 May 2022RentedRenewal
AED 16,500/yr12 months · AED 45 per sqft
15 May 2021RentedNew contract
AED 16,500/yr12 months · AED 45 per sqft
24 Oct 2017Sold by developerOff-plan
AED 383,500AED 1,050 per sqft

Source: Dubai Land Department. Updated 15 May 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
5th of 6
Parking
G-91
Developer
MAG
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 384K · October 2017
Building
MAG 510

About 503, MAG 510

503 is a studio of 365 sqft on the 5th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 October 2017 for AED 383,500, or AED 1,050 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 May 2026, is AED 18,975 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, October 2017: AED 383,500 (AED 1,050 per sqft)

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

Rents
Unit 503, 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, May 2021: AED 16,500 a yearRenewal, May 2022: AED 16,500 a yearRenewal, May 2023: AED 16,500 a yearRenewal, May 2024: AED 18,975 a yearRenewal, May 2025: AED 18,975 a yearRenewal, May 2026: AED 18,975 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 503 sits

All 60 studios →

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. 503's AED 18,975 is at the bottom 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 5th floor

All 132 units in MAG 510
Value
5011-bedAED 550K · Aug 2024
502StudioAED 386K · Sep 2018
5041-bedAED 470K · May 2018
5052-bedAED 630K · Mar 2024
5061-bedAED 570K · Dec 2025
507StudioAED 386K · Sep 2018
508StudioAED 365K · Feb 2019
1–7 of 21

503, MAG 510 in numbers

  • Sold once: by MAG on 24 October 2017 for AED 383,500, or AED 1,050 per sqft.
  • Rented since May 2021 on 6 Ejari contracts, from AED 16,500 to AED 18,975 a year.
  • At AED 18,975 a year the gross yield on the 2017 price is 5.0%, 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 15 May 2026.

Questions about 503, MAG 510

What did unit 503 last sell for?

AED 383,500 on 24 October 2017, sold by the developer: AED 1,050 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 18,975 a year on the contract renewed on 15 May 2026. The previous contract, from May 2025, was AED 18,975; the unit has been rented since May 2021.

How big is unit 503?

365 sqft (33.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 503 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 503, MAG 510

Starts from the last sale price (AED 384K, 24 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 383,500
Deposit, UAE resident (20%)
AED 76,700
Deposit, non-resident (40%)
AED 153,400
Monthly over 25 years at 3.7%
AED 1,569

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