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1-bed · 478 sqftMAG 510, Dubai South · 5th floor · completed 2020

504, MAG 510

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 470K23 May 2018
Current rentAED 50K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, MAG 510

What is 504 worth today?

Last sold for AED 470,000 in 2018

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20 Jun 2026RentedNew contract
AED 50,000/yr12 months · AED 105 per sqft
5 Feb 2025RentedRenewal
AED 66,000/yr6 months · AED 138 per sqft
5 Aug 2024RentedNew contract
AED 66,000/yr6 months · AED 138 per sqft
1 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 84 per sqft
1 Aug 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
23 May 2018Sold by developerOff-plan
AED 470,000AED 982 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
5th of 6
Parking
G-92
Developer
MAG
Completed
2020
Service charge
AED 8,700 /yr
Last sold
AED 470K · May 2018
Building
MAG 510

About 504, MAG 510

504 is a one-bedroom apartment of 478 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 23 May 2018 for AED 470,000, or AED 982 per sqft, 10% above the AED 891 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 June 2026, is AED 50,000 a year: a gross yield of 10.6% on the 2018 price, before the service charge of about AED 8,700 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, May 2018: AED 470,000 (AED 982 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in MAG 510
20K40K60K2020202220242026Typical 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, August 2020: AED 24,000 a yearNew contract, June 2023: AED 40,000 a yearNew contract, August 2024: AED 66,000 a yearRenewal, February 2025: AED 66,000 a yearNew contract, June 2026: AED 50,000 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 504 sits

All 60 1-beds →

504 last sold in May 2018 at AED 982 per sqft, 10% above what one-beds in MAG 510 were fetching at the time (AED 891). 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. 504's AED 50,000 is in the lower half 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 5th floor

All 132 units in MAG 510
Value
5011-bedAED 550K · Aug 2024
502StudioAED 386K · Sep 2018
503StudioAED 384K · Oct 2017
5052-bedAED 630K · Mar 2024
5061-bedAED 570K · Dec 2025
507StudioAED 386K · Sep 2018
508StudioAED 365K · Feb 2019
1–7 of 21

504, MAG 510 in numbers

  • Sold once: by MAG on 23 May 2018 for AED 470,000, or AED 982 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 24,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 10.6%, before a service charge of about AED 8,700 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 20 June 2026.

Questions about 504, MAG 510

What did unit 504 last sell for?

AED 470,000 on 23 May 2018, sold by the developer: AED 982 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 50,000 a year on the contract signed on 20 June 2026. The previous contract, from February 2025, was AED 66,000; the unit has been rented since August 2020.

How big is unit 504?

478 sqft (44.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 504 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 504, MAG 510

Starts from the last sale price (AED 470K, 23 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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