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Studio · 410 sqftMAG 510, Dubai South · 6th floor · completed 2020

616, MAG 510

Sold prices and rental history: sold twice, last in May 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 420K7 May 2025
Current rentAED 44K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616, MAG 510

What is 616 worth today?

Last sold for AED 420,000 in 2025

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20 Nov 2025RentedNew contract
AED 44,000/yr12 months · AED 108 per sqft
7 May 2025SoldReady
AED 420,000AED 1,023 per sqft
3 Feb 2022RentedRenewal
AED 18,000/yr12 months · AED 44 per sqft
3 Feb 2021RentedNew contract
AED 18,000/yr12 months · AED 44 per sqft
27 Nov 2017Sold by developerOff-plan
AED 398,000AED 970 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
6th of 6
Parking
G-126
Developer
MAG
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 420K · May 2025
Building
MAG 510

About 616, MAG 510

616 is a studio of 410 sqft on the 6th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 7 May 2025 for AED 420,000, or AED 1,023 per sqft, in line with the AED 1,053 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 November 2025, is AED 44,000 a year: a gross yield of 10.5% on the 2025 price, before the service charge of about AED 7,500 a year.

Sales and rents for 616 over time

Sales
Unit 616, 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 398,000 (AED 970 per sqft)Sold, May 2025: AED 420,000 (AED 1,023 per sqft)

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

Rents
Unit 616, each contractTypical studio in MAG 510
20K40K2020202220242026Typical 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, February 2021: AED 18,000 a yearRenewal, February 2022: AED 18,000 a yearNew contract, November 2025: AED 44,000 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 616 sits

All 60 studios →

616 last sold in May 2025 at AED 1,023 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 1,053). 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. 616's AED 44,000 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
607StudioAED 374K · May 2024
1–7 of 21

616, MAG 510 in numbers

  • Sold twice: first on 27 November 2017 for AED 398,000, last on 7 May 2025 for AED 420,000 (AED 1,023 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 18,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2025 price is 10.5%, before a service charge of about AED 7,500 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 20 November 2025.

Questions about 616, MAG 510

What did unit 616 last sell for?

AED 420,000 on 7 May 2025: AED 1,023 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 398,000 in November 2017.

What is the rent for unit 616?

AED 44,000 a year on the contract signed on 20 November 2025. The previous contract, from February 2022, was AED 18,000; the unit has been rented since February 2021.

How big is unit 616?

410 sqft (38.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 616 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 616, MAG 510

Starts from the last sale price (AED 420K, 7 May 2025). 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 →