1-bed · 478 sqftMAG 510, Dubai South · 6th floor · completed 2020

604, MAG 510

Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 5 November 2023
Last soldAED 420K10 December 2017
Current rentAED 28K /yr5 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, MAG 510

What is 604 worth today?

Last sold for AED 420,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Nov 2023RentedRenewal
AED 27,500/yr12 months · AED 58 per sqft
5 Nov 2022RentedRenewal
AED 26,000/yr12 months · AED 54 per sqft
5 Nov 2021RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
5 Nov 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
10 Dec 2017Sold by developerOff-plan
AED 420,000AED 878 per sqft

Source: Dubai Land Department. Updated 5 November 2023.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
6th of 6
Parking
G-114
Developer
MAG
Completed
2020
Service charge
AED 8,700 /yr
Last sold
AED 420K · December 2017
Building
MAG 510

About 604, MAG 510

604 is a one-bedroom apartment of 478 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 10 December 2017 for AED 420,000, or AED 878 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 5 November 2023, is AED 27,500 a year: a gross yield of 6.6% on the 2017 price, before the service charge of about AED 8,700 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in MAG 510
400K600K2017202020232026Typical 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, December 2017: AED 420,000 (AED 878 per sqft)

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

Rents
Unit 604, 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, November 2020: AED 24,000 a yearRenewal, November 2021: AED 25,000 a yearRenewal, November 2022: AED 26,000 a yearRenewal, November 2023: AED 27,500 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 604 sits

All 60 1-beds →

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. 604's AED 27,500 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 6th floor

All 132 units in MAG 510
Value
6011-bedAED 505K · Oct 2018
602StudioAED 379K · Apr 2018
603StudioAED 384K · Nov 2017
6052-bedAED 638K · Mar 2019
6061-bedAED 435K · Feb 2020
607StudioAED 374K · May 2024
608StudioAED 440K · Sep 2026
1–7 of 21

604, MAG 510 in numbers

  • Sold once: by MAG on 10 December 2017 for AED 420,000, or AED 878 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 24,000 to AED 27,500 a year.
  • At AED 27,500 a year the gross yield on the 2017 price is 6.6%, 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 5 November 2023.

Questions about 604, MAG 510

What did unit 604 last sell for?

AED 420,000 on 10 December 2017, sold by the developer: AED 878 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 27,500 a year on the contract renewed on 5 November 2023. The previous contract, from November 2022, was AED 26,000; the unit has been rented since November 2020.

How big is unit 604?

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

What is unit 604 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.

Selling 604? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 604, MAG 510

Starts from the last sale price (AED 420K, 10 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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