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Studio · 365 sqftMAG 510, Dubai South · 6th floor · completed 2020

603, MAG 510

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 384K6 November 2017
Current rentAED 40K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 603, MAG 510

What is 603 worth today?

Last sold for AED 383,500 in 2017

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1 Sep 2026RentedRenewal
AED 40,000/yr12 months · AED 109 per sqft
1 Sep 2025RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
1 May 2025RentedRenewal
AED 26,500/yr12 months · AED 72 per sqft
1 May 2025RentedRenewal
AED 26,500/yr12 months · AED 72 per sqft
1 May 2024RentedRenewal
AED 23,000/yr12 months · AED 63 per sqft
1 May 2023RentedRenewal
AED 20,000/yr12 months · AED 55 per sqft
1 May 2022RentedNew contract
AED 20,000/yr12 months · AED 55 per sqft
6 Nov 2017Sold by developerOff-plan
AED 383,500AED 1,050 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
6th of 6
Parking
G-113
Developer
MAG
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 384K · November 2017
Building
MAG 510

About 603, MAG 510

603 is a studio of 365 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 6 November 2017 for AED 383,500, or AED 1,050 per sqft, 4% above the AED 1,013 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 7 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 40,000 a year: a gross yield of 10.4% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical studio in MAG 510
400K2017202020232026Typical sale price by year: 2017 AED 384,250; 2018 AED 381,250; 2019 AED 383,000; 2020 AED 368,415; 2021 AED 291,500; 2022 AED 252,500; 2023 AED 301,500; 2024 AED 390,000; 2025 AED 460,000; 2026 AED 478,000Sold by developer, November 2017: AED 383,500 (AED 1,050 per sqft)

603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 603, each contractTypical studio in MAG 510
20K30K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 19,000; 2023 AED 23,000; 2024 AED 33,000; 2025 AED 37,750; 2026 AED 38,000New contract, May 2022: AED 20,000 a yearRenewal, May 2023: AED 20,000 a yearRenewal, May 2024: AED 23,000 a yearRenewal, May 2025: AED 26,500 a yearRenewal, May 2025: AED 26,500 a yearNew contract, September 2025: AED 40,000 a yearRenewal, September 2026: AED 40,000 a year

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 603 sits

All 60 studios →

603 last sold in November 2017 at AED 1,050 per sqft, 4% above what studios in MAG 510 were fetching at the time (AED 1,013). 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. 603's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
5 Sep 2026440,000
4 Feb 2026485,000
12 Jan 2026478,000
23 Sep 2025460,000
3 studio 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
6011-bedAED 505K · Oct 2018
602StudioAED 379K · Apr 2018
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

603, MAG 510 in numbers

  • Sold once: by MAG on 6 November 2017 for AED 383,500, or AED 1,050 per sqft.
  • Rented since May 2022 on 7 Ejari contracts, from AED 20,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 10.4%, before a service charge of about AED 6,600 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 1 September 2026.

Questions about 603, MAG 510

What did unit 603 last sell for?

AED 383,500 on 6 November 2017, sold by the developer: AED 1,050 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 40,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since May 2022.

How big is unit 603?

365 sqft (33.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 603 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 603, MAG 510

Starts from the last sale price (AED 384K, 6 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 383,500
Deposit, UAE resident (20%)
AED 76,700
Deposit, non-resident (40%)
AED 153,400
Monthly over 25 years at 3.7%
AED 1,569

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