Studio · 437 sqftMAG 510, Dubai South · 6th floor · completed 2020

617, MAG 510

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617 · DLD and Ejari recordsUpdated 13 February 2020
Last soldAED 436K13 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617, MAG 510

What is 617 worth today?

Last sold for AED 435,830 in 2020

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13 Feb 2020Sold by developerOff-plan
AED 435,830AED 997 per sqft

Source: Dubai Land Department. Updated 13 February 2020.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
6th of 6
Parking
G-127
Developer
MAG
Completed
2020
Service charge
AED 8,000 /yr
Last sold
AED 436K · February 2020
Building
MAG 510

About 617, MAG 510

617 is a studio of 437 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 13 February 2020 for AED 435,830, or AED 997 per sqft, in line with the AED 1,013 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 617 over time

Sales
Unit 617, 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, February 2020: AED 435,830 (AED 997 per sqft)

617 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 617, 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 38,000

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 617 sits

All 60 studios →

617 last sold in February 2020 at AED 997 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 1,013). 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.

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

617, MAG 510 in numbers

  • Sold once: by MAG on 13 February 2020 for AED 435,830, or AED 997 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 13 February 2020.

Questions about 617, MAG 510

What did unit 617 last sell for?

AED 435,830 on 13 February 2020, sold by the developer: AED 997 per sqft for 437 sqft. It is the only registered sale of the unit.

How big is unit 617?

437 sqft (40.6 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 617 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 617, MAG 510

Starts from the last sale price (AED 436K, 13 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 435,830
Deposit, UAE resident (20%)
AED 87,166
Deposit, non-resident (40%)
AED 174,332
Monthly over 25 years at 3.7%
AED 1,783

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