508, MAG 510
Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, MAG 510
What is 508 worth today?
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Source: Dubai Land Department. Updated 29 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 349 sqft
- Floor
- 5th of 6
- Parking
- G-96
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 365K · February 2019
- Building
- MAG 510
About 508, MAG 510
508 is a studio of 349 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 25 February 2019 for AED 364,500, or AED 1,044 per sqft, 5% above the AED 991 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 29 September 2026, is AED 35,000 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 6,400 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the studio median of each year in the building.
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 508 sits
All 60 studios →508 last sold in February 2019 at AED 1,044 per sqft, 5% above what studios in MAG 510 were fetching at the time (AED 991). 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. 508's AED 35,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Sep 20265 September 2026 | 349 sqft | 440,000 | 1,260 | ||
| 4 Feb 20264 February 2026 | 387 sqft | 485,000 | 1,253 | ||
| 12 Jan 202612 January 2026 | 387 sqft | 478,000 | 1,235 | ||
| 23 Sep 202523 September 2025 | 410 sqft | 460,000 | 1,121 |
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 | |
| 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 | ||
| 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 |
508, MAG 510 in numbers
- Sold once: by MAG on 25 February 2019 for AED 364,500, or AED 1,044 per sqft.
- Rented since August 2025 on 2 Ejari contracts, from AED 36,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 6,400 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 29 September 2026.
Questions about 508, MAG 510
What did unit 508 last sell for?
AED 364,500 on 25 February 2019, sold by the developer: AED 1,044 per sqft for 349 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 35,000 a year on the contract signed on 29 September 2026. The previous contract, from August 2025, was AED 36,000.
How big is unit 508?
349 sqft (32.4 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.
What is unit 508 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 508, MAG 510
Starts from the last sale price (AED 365K, 25 February 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 364,500
- Deposit, UAE resident (20%)
- AED 72,900
- Deposit, non-resident (40%)
- AED 145,800
- Monthly over 25 years at 3.7%
- AED 1,491
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →