506, MAG 510
Sold prices and rental history: sold 3 times, last in December 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, MAG 510
What is 506 worth today?
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Source: Dubai Land Department. Updated 24 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 5th of 6
- Parking
- G-46
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,800 /yr
- Last sold
- AED 570K · December 2025
- Building
- MAG 510
About 506, MAG 510
506 is a one-bedroom apartment of 483 sqft on the 5th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 December 2025 for AED 570,000, or AED 1,180 per sqft, 11% above the AED 1,065 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 5 November 2024, is AED 50,000 a year: a gross yield of 8.8% on the 2025 price, before the service charge of about AED 8,800 a year.
Sales and rents for 506 over time
506 has sold 3 times; 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 506 sits
All 60 1-beds →506 last sold in December 2025 at AED 1,180 per sqft, 11% above what one-beds in MAG 510 were fetching at the time (AED 1,065). 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. 506'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 | ||
| 17 Oct 202517 October 2025 | 622 sqft | 700,000 | 1,124 | ||
| 30 Sep 202530 September 2025 | 628 sqft | 695,000 | 1,106 | ||
| 12 Sep 202512 September 2025 | 514 sqft | 645,000 | 1,255 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 629 sqft | AED 550KAED 550,000 · Aug 2024August 2024 | 50,000 /yr | |
| 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 | |
| 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 |
506, MAG 510 in numbers
- Sold 3 times: first on 26 August 2019 for AED 436,000, last on 24 December 2025 for AED 570,000 (AED 1,180 per sqft).
- Rented since October 2021 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 26,000 in 2022 and recovered to AED 50,000 by November 2024.
- At AED 50,000 a year the gross yield on the 2025 price is 8.8%, before a service charge of about AED 8,800 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 24 December 2025.
Questions about 506, MAG 510
What did unit 506 last sell for?
AED 570,000 on 24 December 2025: AED 1,180 per sqft for 483 sqft. The unit has 3 registered sales; the first was AED 436,000 in August 2019.
What is the rent for unit 506?
AED 50,000 a year on the contract signed on 5 November 2024. The previous contract, from October 2023, was AED 29,000; the unit has been rented since October 2021.
How big is unit 506?
483 sqft (44.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 506 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 506, MAG 510
Starts from the last sale price (AED 570K, 24 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 570,000
- Deposit, UAE resident (20%)
- AED 114,000
- Deposit, non-resident (40%)
- AED 228,000
- Monthly over 25 years at 3.7%
- AED 2,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →