1-bed · 629 sqftMAG 510, Dubai South · 6th floor · completed 2020

601, MAG 510

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

Unit 601 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 505K16 October 2018
Current rentAED 56K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, MAG 510

What is 601 worth today?

Last sold for AED 505,407 in 2018

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1 Nov 2025RentedNew contract
AED 56,000/yr12 months · AED 90 per sqft
30 Jan 2025RentedNew contract
AED 54,000/yr12 months · AED 86 per sqft
9 Jun 2024RentedRenewal
AED 39,000/yr12 months · AED 62 per sqft
9 Jun 2023RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
1 Jun 2022RentedNew contract
AED 29,000/yr12 months · AED 46 per sqft
1 Jun 2021RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
1 Jun 2020RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
16 Oct 2018Sold by developerOff-plan
AED 505,407AED 803 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
629 sqft
Floor
6th of 6
Parking
G-111
Developer
MAG
Completed
2020
Service charge
AED 11,500 /yr
Last sold
AED 505K · October 2018
Building
MAG 510

About 601, MAG 510

601 is a one-bedroom apartment of 629 sqft on the 6th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 16 October 2018 for AED 505,407, or AED 803 per sqft, 10% below the AED 890 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 November 2025, is AED 56,000 a year: a gross yield of 11.1% on the 2018 price, before the service charge of about AED 11,500 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, October 2018: AED 505,407 (AED 803 per sqft)

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

Rents
Unit 601, 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 25,000 a yearNew contract, June 2021: AED 25,000 a yearNew contract, June 2022: AED 29,000 a yearNew contract, June 2023: AED 35,000 a yearRenewal, June 2024: AED 39,000 a yearNew contract, January 2025: AED 54,000 a yearNew contract, November 2025: AED 56,000 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 601 sits

All 60 1-beds →

601 last sold in October 2018 at AED 803 per sqft, 10% below what one-beds in MAG 510 were fetching at the time (AED 890). 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. 601's AED 56,000 is in the upper 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 6th floor

All 132 units in MAG 510
Value
602StudioAED 379K · Apr 2018
603StudioAED 384K · Nov 2017
6041-bedAED 420K · Dec 2017
6052-bedAED 638K · Mar 2019
6061-bedAED 435K · Feb 2020
607StudioAED 374K · May 2024
608StudioAED 440K · Sep 2026
1–7 of 21

601, MAG 510 in numbers

  • Sold once: by MAG on 16 October 2018 for AED 505,407, or AED 803 per sqft.
  • Rented since June 2020 on 7 Ejari contracts, from AED 25,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2018 price is 11.1%, before a service charge of about AED 11,500 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 1 November 2025.

Questions about 601, MAG 510

What did unit 601 last sell for?

AED 505,407 on 16 October 2018, sold by the developer: AED 803 per sqft for 629 sqft. It is the only registered sale of the unit.

What is the rent for unit 601?

AED 56,000 a year on the contract signed on 1 November 2025. The previous contract, from January 2025, was AED 54,000; the unit has been rented since June 2020.

How big is unit 601?

629 sqft (58.4 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 601 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 601, MAG 510

Starts from the last sale price (AED 505K, 16 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 505,407
Deposit, UAE resident (20%)
AED 101,081
Deposit, non-resident (40%)
AED 202,163
Monthly over 25 years at 3.7%
AED 2,068

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