1-bed · 638 sqftMAG 510, Dubai South · 6th floor · completed 2020

614, MAG 510

Sold prices and rental history: sold twice, last in June 2022, and rented once, from July 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 16 July 2022
Last soldAED 400K20 June 2022
Current rentAED 35K /yr16 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, MAG 510

What is 614 worth today?

Last sold for AED 400,000 in 2022

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16 Jul 2022RentedNew contract
AED 35,000/yr12 months · AED 55 per sqft
20 Jun 2022SoldReady
AED 400,000AED 627 per sqft
2 Jun 2020Sold by developerOff-plan
AED 480,000AED 752 per sqft

Source: Dubai Land Department. Updated 16 July 2022.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
6th of 6
Parking
G-124
Developer
MAG
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 400K · June 2022
Building
MAG 510

About 614, MAG 510

614 is a one-bedroom apartment of 638 sqft on the 6th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 June 2022 for AED 400,000, or AED 627 per sqft, 15% below the AED 734 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 16 July 2022. The current contract, signed on 16 July 2022, is AED 35,000 a year: a gross yield of 8.8% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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, June 2020: AED 480,000 (AED 752 per sqft)Sold, June 2022: AED 400,000 (AED 627 per sqft)

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

Rents
Unit 614, 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, July 2022: AED 35,000 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 614 sits

All 60 1-beds →

614 last sold in June 2022 at AED 627 per sqft, 15% below what one-beds in MAG 510 were fetching at the time (AED 734). 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. 614's AED 35,000 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

614, MAG 510 in numbers

  • Sold twice: first on 2 June 2020 for AED 480,000, last on 20 June 2022 for AED 400,000 (AED 627 per sqft).
  • Rented since July 2022 on one Ejari contract, at AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 8.8%, before a service charge of about AED 11,600 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 16 July 2022.

Questions about 614, MAG 510

What did unit 614 last sell for?

AED 400,000 on 20 June 2022: AED 627 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 480,000 in June 2020.

What is the rent for unit 614?

AED 35,000 a year on the contract signed on 16 July 2022.

How big is unit 614?

638 sqft (59.3 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 614 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 614, MAG 510

Starts from the last sale price (AED 400K, 20 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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