1-bed · 657 sqftMAG 510, Dubai South · 5th floor · completed 2020

512, MAG 510

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 400K14 June 2023
Current rentAED 45K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, MAG 510

What is 512 worth today?

Last sold for AED 400,000 in 2023

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10 Jul 2026RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
10 Jul 2026RentedRenewal
AED 58,000/yr6 months · AED 88 per sqft
10 Jul 2025RentedRenewal
AED 45,000/yr12 months · AED 69 per sqft
10 Jul 2025RentedRenewal
AED 55,000/yr12 months · AED 84 per sqft
10 Jul 2024RentedRenewal
AED 44,000/yr12 months · AED 67 per sqft
10 Jul 2023RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
14 Jun 2023SoldReady
AED 400,000AED 608 per sqft
3 Feb 2022SoldReady
AED 340,000AED 517 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
5th of 6
Parking
G-100
Developer
MAG
Completed
2020
Service charge
AED 12,000 /yr
Last sold
AED 400K · June 2023
Building
MAG 510

About 512, MAG 510

512 is a one-bedroom apartment of 657 sqft on the 5th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 June 2023 for AED 400,000, or AED 608 per sqft, 3% below the AED 627 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 45,000 a year: a gross yield of 11.3% on the 2023 price, before the service charge of about AED 12,000 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, September 2019: AED 480,000 (AED 730 per sqft)Sold, February 2022: AED 340,000 (AED 517 per sqft)Sold, June 2023: AED 400,000 (AED 608 per sqft)

512 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 512, 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, June 2020: AED 28,000 a yearNew contract, July 2023: AED 40,000 a yearRenewal, July 2024: AED 44,000 a yearRenewal, July 2025: AED 45,000 a yearRenewal, July 2025: AED 55,000 a yearRenewal, July 2026: AED 45,000 a yearRenewal, July 2026: AED 58,000 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 512 sits

All 60 1-beds →

512 last sold in June 2023 at AED 608 per sqft, 3% below what one-beds in MAG 510 were fetching at the time (AED 627). 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. 512's AED 45,000 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
5041-bedAED 470K · May 2018
5052-bedAED 630K · Mar 2024
5061-bedAED 570K · Dec 2025
507StudioAED 386K · Sep 2018
1–7 of 21

512, MAG 510 in numbers

  • Sold 3 times: first on 23 September 2019 for AED 480,000, last on 14 June 2023 for AED 400,000 (AED 608 per sqft).
  • Rented since June 2020 on 7 Ejari contracts, from AED 28,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2023 price is 11.3%, before a service charge of about AED 12,000 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 10 July 2026.

Questions about 512, MAG 510

What did unit 512 last sell for?

AED 400,000 on 14 June 2023: AED 608 per sqft for 657 sqft. The unit has 3 registered sales; the first was AED 480,000 in September 2019.

What is the rent for unit 512?

AED 45,000 a year on the contract renewed on 10 July 2026. The previous contract, from July 2026, was AED 58,000; the unit has been rented since June 2020.

How big is unit 512?

657 sqft (61.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 512 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 512, MAG 510

Starts from the last sale price (AED 400K, 14 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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