Studio · 360 sqftMAG 510, Dubai South · 6th floor · completed 2020

622, MAG 510

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 622 · DLD and Ejari recordsUpdated 16 September 2026
Last soldAED 366K5 March 2018
Current rentAED 37K /yr16 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 622, MAG 510

What is 622 worth today?

Last sold for AED 365,836 in 2018

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16 Sep 2026RentedNew contract
AED 37,000/yr12 months · AED 104 per sqft
1 Sep 2021RentedNew contract
AED 21,000/yr12 months · AED 59 per sqft
20 Aug 2020RentedNew contract
AED 22,000/yr12 months · AED 62 per sqft
5 Mar 2018Sold by developerOff-plan
AED 365,836AED 1,016 per sqft

Source: Dubai Land Department. Updated 16 September 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
6th of 6
Parking
G-132
Developer
MAG
Completed
2020
Service charge
AED 6,600 /yr
Last sold
AED 366K · March 2018
Building
MAG 510

About 622, MAG 510

622 is a studio of 360 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 5 March 2018 for AED 365,836, or AED 1,016 per sqft, in line with the AED 1,027 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 16 September 2026, is AED 37,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 6,600 a year.

Sales and rents for 622 over time

Sales
Unit 622, 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, March 2018: AED 365,836 (AED 1,016 per sqft)

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

Rents
Unit 622, 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, August 2020: AED 22,000 a yearNew contract, September 2021: AED 21,000 a yearNew contract, September 2026: AED 37,000 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 622 sits

All 60 studios →

622 last sold in March 2018 at AED 1,016 per sqft, in line with what studios in MAG 510 were fetching at the time (AED 1,027). 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. 622's AED 37,000 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

622, MAG 510 in numbers

  • Sold once: by MAG on 5 March 2018 for AED 365,836, or AED 1,016 per sqft.
  • Rented since August 2020 on 3 Ejari contracts, from AED 22,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 6,600 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 16 September 2026.

Questions about 622, MAG 510

What did unit 622 last sell for?

AED 365,836 on 5 March 2018, sold by the developer: AED 1,016 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 622?

AED 37,000 a year on the contract signed on 16 September 2026. The previous contract, from September 2021, was AED 21,000; the unit has been rented since August 2020.

How big is unit 622?

360 sqft (33.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 622 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 622, MAG 510

Starts from the last sale price (AED 366K, 5 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 365,836
Deposit, UAE resident (20%)
AED 73,167
Deposit, non-resident (40%)
AED 146,334
Monthly over 25 years at 3.7%
AED 1,497

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