1-bed · 638 sqftMAG 530, Dubai South · 5th floor · completed 2020

510, MAG 530

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 21 September 2024
Last soldAED 530K13 December 2022
Current rentAED 50K /yr21 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, MAG 530

What is 510 worth today?

Last sold for AED 530,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Sep 2024RentedRenewal
AED 50,000/yr12 months · AED 78 per sqft
23 Nov 2023RentedNew contract
AED 50,000/yr12 months · AED 78 per sqft
20 Sep 2023RentedNew contract
AED 50,000/yr12 months · AED 78 per sqft
13 Dec 2022SoldReady
AED 530,000AED 831 per sqft
12 Sep 2022RentedNew contract
AED 34,000/yr12 months · AED 54 per sqft
20 Jul 2019RentedNew contract
AED 33,000/yr12 months · AED 52 per sqft
13 Jan 2019Sold by developerOff-plan
AED 540,000AED 846 per sqft

Source: Dubai Land Department. Updated 21 September 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
5th of 6
Parking
G-40
Developer
MAG
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 530K · December 2022
Building
MAG 530

About 510, MAG 530

510 is a one-bedroom apartment of 638 sqft on the 5th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 13 December 2022 for AED 530,000, or AED 831 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 21 September 2024, is AED 50,000 a year: a gross yield of 9.4% on the 2022 price, before the service charge of about AED 10,300 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical one-bed in MAG 530
500K600K700K2017202020232026Typical sale price by year: 2017 AED 549,000; 2018 AED 545,555; 2019 AED 536,812; 2023 AED 497,500; 2024 AED 530,000; 2025 AED 670,000Sold by developer, January 2019: AED 540,000 (AED 846 per sqft)Sold, December 2022: AED 530,000 (AED 831 per sqft)

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

Rents
Unit 510, each contractTypical one-bed in MAG 530
40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 26,500; 2022 AED 29,000; 2023 AED 32,000; 2024 AED 40,000; 2025 AED 50,400; 2026 AED 50,000New contract, July 2019: AED 33,000 a yearNew contract, September 2022: AED 34,000 a yearNew contract, September 2023: AED 50,000 a yearNew contract, November 2023: AED 50,000 a yearRenewal, September 2024: 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 530, and where 510 sits

All 66 1-beds →

Over the last 12 months one-beds sold for AED 745,000, around AED 1,166 per sqft, and rent for AED 35,490 to 65,000 a year. 510's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 2025745,000
20 Aug 2025690,000
12 Aug 2025730,000
30 May 2025700,000
1 1-bed sale in the last 12 months

MAG 530

Building

92 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,133
Typical sale
AED 795K
Typical rent
AED 50K /yr
Typical yield
7.0%
MAG 530, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 92 units in MAG 530
Value
5012-bedAED 795K · Nov 2025
5021-bedAED 549K · Jun 2017
503StudioAED 540K · Dec 2025
5041-bedAED 500K · Oct 2023
5052-bedAED 1M · Feb 2025
5061-bedAED 546K · Dec 2016
507StudioAED 433K · Apr 2017
1–7 of 14

510, MAG 530 in numbers

  • Sold twice: first on 13 January 2019 for AED 540,000, last on 13 December 2022 for AED 530,000 (AED 831 per sqft).
  • Rented since July 2019 on 5 Ejari contracts, from AED 33,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 9.4%, before a service charge of about AED 10,300 a year (AED 16.14 per sqft).
  • One-beds in MAG 530 sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 1,133 per sqft.

Source: Dubai Land Department. Updated 21 September 2024.

Questions about 510, MAG 530

What did unit 510 last sell for?

AED 530,000 on 13 December 2022: AED 831 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 540,000 in January 2019.

What is the rent for unit 510?

AED 50,000 a year on the contract renewed on 21 September 2024. The previous contract, from November 2023, was AED 50,000; the unit has been rented since July 2019.

How big is unit 510?

638 sqft (59.3 sqm): a one-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. One-beds in MAG 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.

Selling 510? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 510, MAG 530

Starts from the last sale price (AED 530K, 13 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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