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

509, MAG 510

Sold prices and rental history: sold twice, last in January 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 3 January 2025
Last soldAED 490K3 January 2025
Current rentAED 35K /yr14 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, MAG 510

What is 509 worth today?

Last sold for AED 490,000 in 2025

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3 Jan 2025SoldReady
AED 490,000AED 1,024 per sqft
14 Sep 2024RentedNew contract
AED 35,000/yr12 months · AED 73 per sqft
15 Sep 2022RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
20 Aug 2020RentedNew contract
AED 23,000/yr12 months · AED 48 per sqft
23 Apr 2019Sold by developerOff-plan
AED 485,000AED 1,014 per sqft

Source: Dubai Land Department. Updated 3 January 2025.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
5th of 6
Parking
G-97
Developer
MAG
Completed
2020
Service charge
AED 8,700 /yr
Last sold
AED 490K · January 2025
Building
MAG 510

About 509, MAG 510

509 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. It last sold on 3 January 2025 for AED 490,000, or AED 1,024 per sqft, 12% above the AED 916 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 14 September 2024, is AED 35,000 a year: a gross yield of 7.1% on the 2025 price, before the service charge of about AED 8,700 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, April 2019: AED 485,000 (AED 1,014 per sqft)Sold, January 2025: AED 490,000 (AED 1,024 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in MAG 510
20K40K2020202220242026Typical 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 23,000 a yearNew contract, September 2022: AED 27,000 a yearNew contract, September 2024: AED 35,000 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 509 sits

All 60 1-beds →

509 last sold in January 2025 at AED 1,024 per sqft, 12% above what one-beds in MAG 510 were fetching at the time (AED 916). 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. 509's AED 35,000 is at the bottom 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
5041-bedAED 470K · May 2018
5052-bedAED 630K · Mar 2024
5061-bedAED 570K · Dec 2025
507StudioAED 386K · Sep 2018
1–7 of 21

509, MAG 510 in numbers

  • Sold twice: first on 23 April 2019 for AED 485,000, last on 3 January 2025 for AED 490,000 (AED 1,024 per sqft).
  • Rented since August 2020 on 3 Ejari contracts, from AED 23,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2025 price is 7.1%, 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 3 January 2025.

Questions about 509, MAG 510

What did unit 509 last sell for?

AED 490,000 on 3 January 2025: AED 1,024 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 485,000 in April 2019.

What is the rent for unit 509?

AED 35,000 a year on the contract signed on 14 September 2024. The previous contract, from September 2022, was AED 27,000; the unit has been rented since August 2020.

How big is unit 509?

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

What is unit 509 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 509, MAG 510

Starts from the last sale price (AED 490K, 3 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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