512, MAG 530
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.
Property timeline for 512, MAG 530
What is 512 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 624 sqft
- Floor
- 5th of 6
- Parking
- G-73
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 570K · December 2024
- Building
- MAG 530
About 512, MAG 530
512 is a one-bedroom apartment of 624 sqft on the 5th floor of MAG 530, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 December 2024 for AED 570,000, or AED 913 per sqft, 9% above the AED 841 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 February 2023, is AED 27,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 10,100 a year.
Sales and rents for 512 over time
512 has sold twice; the dashed line is the one-bed median of each year in the building.
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 512 sits
All 66 1-beds →512 last sold in December 2024 at AED 913 per sqft, 9% above what one-beds in MAG 530 were fetching at the time (AED 841). 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. 512's AED 27,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 638 sqft | 745,000 | 1,166 | ||
| 20 Aug 202520 August 2025 | 663 sqft | 690,000 | 1,041 | ||
| 12 Aug 202512 August 2025 | 666 sqft | 730,000 | 1,096 | ||
| 30 May 202530 May 2025 | 638 sqft | 700,000 | 1,096 |
MAG 530
Building92 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%
Other units on the 5th floor
All 92 units in MAG 530| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,037 sqft | AED 795KAED 795,000 · Nov 2025November 2025 | 80,000 /yr | |
| 502 | 1-bed | 667 sqft | AED 549KAED 549,000 · Jun 2017June 2017 | 35,490 /yr | |
| 503 | Studio | 476 sqft | AED 540KAED 540,000 · Dec 2025December 2025 | 42,000 /yr | |
| 504 | 1-bed | 638 sqft | AED 500KAED 500,000 · Oct 2023October 2023 | 55,000 /yr | |
| 505 | 2-bed | 1,008 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 56,000 /yr | |
| 506 | 1-bed | 667 sqft | AED 546KAED 545,555 · Dec 2016December 2016 | 50,000 /yr | |
| 507 | Studio | 473 sqft | AED 433KAED 432,777 · Apr 2017April 2017 | 12,000 /yr | |
| 508 | 1-bed | 638 sqft | AED 520KAED 520,000 · Dec 2017December 2017 | 33,000 /yr | |
| 509 | 1-bed | 639 sqft | AED 495KAED 495,000 · Oct 2023October 2023 | 30,000 /yr | |
| 510 | 1-bed | 638 sqft | AED 530KAED 530,000 · Dec 2022December 2022 | 50,000 /yr | |
| 511 | 1-bed | 623 sqft | No registered sale | 60,000 /yr | |
| 513 | 1-bed | 654 sqft | AED 578KAED 577,777 · Mar 2017March 2017 | 40,000 /yr | |
| 514 | 1-bed | 654 sqft | AED 556KAED 555,555 · Feb 2017February 2017 | 52,000 /yr | |
| 515 | 1-bed | 663 sqft | AED 578KAED 577,777 · Apr 2017April 2017 | 39,000 /yr |
512, MAG 530 in numbers
- Sold twice: first on 11 September 2019 for AED 536,812, last on 20 December 2024 for AED 570,000 (AED 913 per sqft).
- Rented since February 2020 on 4 Ejari contracts, at AED 27,000 a year.
- At AED 27,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 10,100 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 20 December 2024.
Questions about 512, MAG 530
What did unit 512 last sell for?
AED 570,000 on 20 December 2024: AED 913 per sqft for 624 sqft. The unit has 2 registered sales; the first was AED 536,812 in September 2019.
What is the rent for unit 512?
AED 27,000 a year on the contract signed on 1 February 2023. The previous contract, from February 2022, was AED 26,000; the unit has been rented since February 2020.
How big is unit 512?
624 sqft (58.0 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 530 sold for AED 745,000 to 745,000 in the last 12 months, around AED 1,166 per sqft.
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Mortgage on 512, MAG 530
Starts from the last sale price (AED 570K, 20 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 →