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Studio · 389 sqftMAG 510, Dubai South · 6th floor · completed 2020

607, MAG 510

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 2 February 2026
Last soldAED 374K1 May 2024
Current rentAED 38K /yr2 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 607, MAG 510

What is 607 worth today?

Last sold for AED 374,000 in 2024

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2 Feb 2026RentedRenewal
AED 38,000/yr12 months · AED 98 per sqft
2 Feb 2025RentedNew contract
AED 38,000/yr12 months · AED 98 per sqft
7 May 2024RentedNew contract
AED 35,000/yr12 months · AED 90 per sqft
1 May 2024SoldReady
AED 374,000AED 961 per sqft
14 Oct 2023RentedRenewal
AED 22,000/yr12 months · AED 57 per sqft
13 Oct 2022RentedRenewal
AED 19,946/yr12 months · AED 51 per sqft
12 Oct 2021RentedNew contract
AED 17,952/yr12 months · AED 46 per sqft
5 Oct 2021Sold by developerReady
AED 291,500AED 749 per sqft

Source: Dubai Land Department. Updated 2 February 2026.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
6th of 6
Parking
G-117
Developer
MAG
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 374K · May 2024
Building
MAG 510

About 607, MAG 510

607 is a studio of 389 sqft on the 6th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 May 2024 for AED 374,000, or AED 961 per sqft, 5% above the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 2 February 2026, is AED 38,000 a year: a gross yield of 10.2% on the 2024 price, before the service charge of about AED 7,100 a year.

Sales and rents for 607 over time

Sales
Unit 607, 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, October 2021: AED 291,500 (AED 749 per sqft)Sold, May 2024: AED 374,000 (AED 961 per sqft)

607 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 607, 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, October 2021: AED 17,952 a yearRenewal, October 2022: AED 19,946 a yearRenewal, October 2023: AED 22,000 a yearNew contract, May 2024: AED 35,000 a yearNew contract, February 2025: AED 38,000 a yearRenewal, February 2026: AED 38,000 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 607 sits

All 60 studios →

607 last sold in May 2024 at AED 961 per sqft, 5% above what studios in MAG 510 were fetching at the time (AED 914). 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. 607's AED 38,000 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
603StudioAED 384K · Nov 2017
6041-bedAED 420K · Dec 2017
6052-bedAED 638K · Mar 2019
6061-bedAED 435K · Feb 2020
608StudioAED 440K · Sep 2026
1–7 of 21

607, MAG 510 in numbers

  • Sold twice: first on 5 October 2021 for AED 291,500, last on 1 May 2024 for AED 374,000 (AED 961 per sqft).
  • Rented since October 2021 on 6 Ejari contracts, from AED 17,952 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2024 price is 10.2%, before a service charge of about AED 7,100 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 2 February 2026.

Questions about 607, MAG 510

What did unit 607 last sell for?

AED 374,000 on 1 May 2024: AED 961 per sqft for 389 sqft. The unit has 2 registered sales; the first was AED 291,500 in October 2021.

What is the rent for unit 607?

AED 38,000 a year on the contract renewed on 2 February 2026. The previous contract, from February 2025, was AED 38,000; the unit has been rented since October 2021.

How big is unit 607?

389 sqft (36.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 607 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 607, MAG 510

Starts from the last sale price (AED 374K, 1 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 374,000
Deposit, UAE resident (20%)
AED 74,800
Deposit, non-resident (40%)
AED 149,600
Monthly over 25 years at 3.7%
AED 1,530

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