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2-bed · 667 sqftMAG 520, Dubai South · 5th floor · completed 2020

510, MAG 520

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 20 August 2026
Last soldAED 569K9 June 2019
Current rentAED 60K /yr20 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, MAG 520

What is 510 worth today?

Last sold for AED 568,555 in 2019

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20 Aug 2026RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
20 Aug 2025RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
19 Oct 2024RentedRenewal
AED 51,861/yr12 months · AED 79 per sqft
20 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
5 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
20 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
9 Jun 2019Sold by developerOff-plan
AED 568,555AED 852 per sqft

Source: Dubai Land Department. Updated 20 August 2026.

Key facts

Type
2-bed apartment
Size
667 sqft
Floor
5th of 6
Parking
G-101
Developer
MAG
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 569K · June 2019
Building
MAG 520

About 510, MAG 520

510 is a two-bedroom apartment of 667 sqft on the 5th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 9 June 2019 for AED 568,555, or AED 852 per sqft, 15% above the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 20 August 2026, is AED 60,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 11,800 a year.

Sales and rents for 510 over time

Rents
Unit 510, each contractTypical two-bed in MAG 520
40K60K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 34,000; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 43,500; 2025 AED 50,000; 2026 AED 53,000New contract, September 2020: AED 28,000 a yearNew contract, September 2021: AED 28,000 a yearNew contract, October 2022: AED 32,000 a yearRenewal, October 2024: AED 51,861 a yearNew contract, August 2025: AED 60,000 a yearRenewal, August 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 520, and where 510 sits

All 11 2-beds →

510 last sold in June 2019 at AED 852 per sqft, 15% above what two-beds in MAG 520 were fetching at the time (AED 744). Over the last 12 months two-beds sold for AED 705,500, around AED 1,057 per sqft, and rent for AED 40,890 to 64,000 a year. 510's AED 60,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 2026705,500
29 Apr 2025740,000
23 Dec 2020525,000
17 Mar 2020400,000
1 2-bed sale in the last 12 months

MAG 520

Building

131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 11 sold in the last 12 months.

Typical price per sqft
AED 1,180
Typical sale
AED 570K
Typical rent
AED 42K /yr
Typical yield
7.9%
MAG 520, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 131 units in MAG 520
Value
5011-bedAED 550K · Jan 2024
502StudioAED 357K · Mar 2019
503StudioAED 350K · Mar 2019
5041-bedAED 420K · Sep 2019
5052-bedAED 497K · Jul 2019
5061-bedAED 473K · Sep 2019
507StudioAED 357K · Jul 2019
1–7 of 21

510, MAG 520 in numbers

  • Sold once: by MAG on 9 June 2019 for AED 568,555, or AED 852 per sqft.
  • Rented since September 2020 on 6 Ejari contracts, from AED 28,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 10.5%, before a service charge of about AED 11,800 a year (AED 17.72 per sqft).
  • Two-beds in MAG 520 sold for AED 705,500–705,500 in the 12 months to November 2026; the building's median across all types is AED 1,180 per sqft.

Source: Dubai Land Department. Updated 20 August 2026.

Questions about 510, MAG 520

What did unit 510 last sell for?

AED 568,555 on 9 June 2019, sold by the developer: AED 852 per sqft for 667 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 60,000 a year on the contract renewed on 20 August 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since September 2020.

How big is unit 510?

667 sqft (62.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 520 sold for AED 705,500 to 705,500 in the last 12 months, around AED 1,057 per sqft.

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Mortgage on 510, MAG 520

Starts from the last sale price (AED 569K, 9 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 568,555
Deposit, UAE resident (20%)
AED 113,711
Deposit, non-resident (40%)
AED 227,422
Monthly over 25 years at 3.7%
AED 2,326

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