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1-bed · 657 sqftMAG 520, Dubai South · 5th floor · completed 2020

512, MAG 520

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 570K24 December 2024
Current rentAED 50K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, MAG 520

What is 512 worth today?

Last sold for AED 570,000 in 2024

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10 Oct 2026RentedNew contract
AED 50,000/yr12 months · AED 76 per sqft
1 Apr 2026RentedRenewal
AED 48,000/yr4 months · AED 73 per sqft
1 Apr 2026RentedRenewal
AED 55,000/yr12 months · AED 84 per sqft
1 Apr 2025RentedNew contract
AED 48,000/yr12 months · AED 73 per sqft
24 Dec 2024SoldReady
AED 570,000AED 867 per sqft
1 Apr 2024RentedNew contract
AED 34,000/yr12 months · AED 52 per sqft
5 Jun 2022RentedNew contract
AED 27,000/yr12 months · AED 41 per sqft
28 Feb 2022Sold by developerReady
AED 478,880AED 728 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
5th of 6
Parking
G-103
Developer
MAG
Completed
2020
Service charge
AED 11,600 /yr
Last sold
AED 570K · December 2024
Building
MAG 520

About 512, MAG 520

512 is a one-bedroom apartment of 657 sqft on the 5th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 December 2024 for AED 570,000, or AED 867 per sqft, 5% below the AED 914 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 10 October 2026, is AED 50,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 11,600 a year.

Sales and rents for 512 over time

Sales
Unit 512, each saleTypical one-bed in MAG 520
400K600K2018202120242027Typical sale price by year: 2018 AED 467,000; 2019 AED 468,448; 2020 AED 480,000; 2021 AED 354,910; 2022 AED 449,708; 2023 AED 400,000; 2024 AED 490,000; 2025 AED 600,000; 2026 AED 590,000Sold by developer, February 2022: AED 478,880 (AED 728 per sqft)Sold, December 2024: AED 570,000 (AED 867 per sqft)

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

Rents
Unit 512, each contractTypical one-bed in MAG 520
20K40K60K201920222025Typical rent by year: 2019 AED 26,500; 2020 AED 25,000; 2021 AED 24,000; 2022 AED 26,000; 2023 AED 28,421; 2024 AED 37,500; 2025 AED 42,000; 2026 AED 48,000New contract, September 2020: AED 26,000 a yearNew contract, June 2022: AED 27,000 a yearNew contract, April 2024: AED 34,000 a yearNew contract, April 2025: AED 48,000 a yearRenewal, April 2026: AED 48,000 a yearRenewal, April 2026: AED 55,000 a yearNew contract, October 2026: AED 50,000 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 520, and where 512 sits

All 60 1-beds →

512 last sold in December 2024 at AED 867 per sqft, 5% below what one-beds in MAG 520 were fetching at the time (AED 914). Over the last 12 months one-beds sold for AED 500,000 to 670,000, around AED 1,174 per sqft, and rent for AED 30,000 to 60,000 a year. 512's AED 50,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Oct 2026570,000
7 Aug 2026670,000
23 Jun 2026600,000
24 Apr 2026500,000
6 1-bed sales 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

512, MAG 520 in numbers

  • Sold twice: first on 28 February 2022 for AED 478,880, last on 24 December 2024 for AED 570,000 (AED 867 per sqft).
  • Rented since September 2020 on 7 Ejari contracts, from AED 26,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 11,600 a year (AED 17.72 per sqft).
  • One-beds in MAG 520 sold for AED 500,000–670,000 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 10 October 2026.

Questions about 512, MAG 520

What did unit 512 last sell for?

AED 570,000 on 24 December 2024: AED 867 per sqft for 657 sqft. The unit has 2 registered sales; the first was AED 478,880 in February 2022.

What is the rent for unit 512?

AED 50,000 a year on the contract signed on 10 October 2026. The previous contract, from April 2026, was AED 48,000; the unit has been rented since September 2020.

How big is unit 512?

657 sqft (61.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 512 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 520 sold for AED 500,000 to 670,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 512, MAG 520

Starts from the last sale price (AED 570K, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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