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1-bed · 483 sqftMAG 510, Dubai South · 6th floor · completed 2020

611, MAG 510

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 8 May 2024
Last soldAED 450K8 May 2024
Current rentAED 22K /yr20 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 611, MAG 510

What is 611 worth today?

Last sold for AED 450,000 in 2024

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8 May 2024SoldReady
AED 450,000AED 931 per sqft
20 May 2022RentedRenewal
AED 22,050/yr12 months · AED 46 per sqft
20 May 2021RentedNew contract
AED 21,000/yr12 months · AED 43 per sqft
5 Jan 2021RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
1 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
9 May 2018Sold by developerOff-plan
AED 436,000AED 902 per sqft

Source: Dubai Land Department. Updated 8 May 2024.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
6th of 6
Parking
G-41
Developer
MAG
Completed
2020
Service charge
AED 8,800 /yr
Last sold
AED 450K · May 2024
Building
MAG 510

About 611, MAG 510

611 is a one-bedroom apartment of 483 sqft on the 6th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 May 2024 for AED 450,000, or AED 931 per sqft, 11% above the AED 839 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 May 2022, is AED 22,050 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 8,800 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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, May 2018: AED 436,000 (AED 902 per sqft)Sold, May 2024: AED 450,000 (AED 931 per sqft)

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

Rents
Unit 611, 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, September 2020: AED 22,000 a yearNew contract, January 2021: AED 22,000 a yearNew contract, May 2021: AED 21,000 a yearRenewal, May 2022: AED 22,050 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 611 sits

All 60 1-beds →

611 last sold in May 2024 at AED 931 per sqft, 11% above what one-beds in MAG 510 were fetching at the time (AED 839). 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. 611's AED 22,050 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
6041-bedAED 420K · Dec 2017
6052-bedAED 638K · Mar 2019
6061-bedAED 435K · Feb 2020
607StudioAED 374K · May 2024
1–7 of 21

611, MAG 510 in numbers

  • Sold twice: first on 9 May 2018 for AED 436,000, last on 8 May 2024 for AED 450,000 (AED 931 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 22,000 to AED 22,050 a year.
  • At AED 22,050 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 8,800 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 8 May 2024.

Questions about 611, MAG 510

What did unit 611 last sell for?

AED 450,000 on 8 May 2024: AED 931 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 436,000 in May 2018.

What is the rent for unit 611?

AED 22,050 a year on the contract renewed on 20 May 2022. The previous contract, from May 2021, was AED 21,000; the unit has been rented since September 2020.

How big is unit 611?

483 sqft (44.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 611 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 611, MAG 510

Starts from the last sale price (AED 450K, 8 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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