1-bed · 638 sqftMAG 540, Dubai South · 5th floor · completed 2020

510, MAG 540

Sold prices and rental history: sold once, by the developer in June 2016, 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 9 May 2026
Last soldAED 549K7 June 2016
Current rentAED 75K /yr9 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, MAG 540

What is 510 worth today?

Last sold for AED 549,000 in 2016

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9 May 2026RentedRenewal
AED 74,666/yr12 months · AED 117 per sqft
9 May 2025RentedRenewal
AED 65,333/yr12 months · AED 102 per sqft
9 May 2025RentedRenewal
AED 65,333/yr12 months · AED 102 per sqft
9 May 2024RentedRenewal
AED 44,000/yr12 months · AED 69 per sqft
9 May 2023RentedRenewal
AED 36,000/yr12 months · AED 56 per sqft
9 May 2022RentedRenewal
AED 33,000/yr12 months · AED 52 per sqft
9 May 2021RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
1 Jun 2020RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 9 May 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
5th of 6
Parking
G-67
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 549K · June 2016
Building
MAG 540

About 510, MAG 540

510 is a one-bedroom apartment of 638 sqft on the 5th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 June 2016 for AED 549,000, or AED 860 per sqft, in line with the AED 857 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 9 May 2026, is AED 74,666 a year: a gross yield of 13.6% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical one-bed in MAG 540
400K600K800K2016201920222025Typical sale price by year: 2016 AED 549,000; 2022 AED 423,742; 2023 AED 445,000; 2024 AED 600,000; 2025 AED 685,000; 2026 AED 775,000Sold by developer, June 2016: AED 549,000 (AED 860 per sqft)

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

Rents
Unit 510, each contractTypical one-bed in MAG 540
25K50K75K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 33,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 38,000; 2024 AED 44,000; 2025 AED 57,571; 2026 AED 58,000New contract, June 2020: AED 28,000 a yearNew contract, May 2021: AED 28,000 a yearRenewal, May 2022: AED 33,000 a yearRenewal, May 2023: AED 36,000 a yearRenewal, May 2024: AED 44,000 a yearRenewal, May 2025: AED 65,333 a yearRenewal, May 2025: AED 65,333 a yearRenewal, May 2026: AED 74,666 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 540, and where 510 sits

All 48 1-beds →

510 last sold in June 2016 at AED 860 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 857). Over the last 12 months one-beds sold for AED 740,000 to 800,000, around AED 1,187 per sqft, and rent for AED 15,000 to 77,500 a year. 510's AED 74,666 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Sep 2026740,000
16 Mar 2026760,000
5 Mar 2026790,000
26 Feb 2026800,000
4 1-bed sales in the last 12 months

MAG 540

Building

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

Typical price per sqft
AED 1,150
Typical sale
AED 795K
Typical rent
AED 58K /yr
Typical yield
7.5%
MAG 540, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 85 units in MAG 540
Value
5012-bedAED 975K · Apr 2025
5021-bedAED 561K · Jun 2016
503StudioAED 302K · Apr 2023
5041-bedAED 512K · Dec 2017
5052-bedAED 925K · Oct 2026
5061-bedAED 765K · Aug 2025
507StudioAED 275K · Dec 2022
1–7 of 13

510, MAG 540 in numbers

  • Sold once: by MAG on 7 June 2016 for AED 549,000, or AED 860 per sqft.
  • Rented since June 2020 on 8 Ejari contracts, from AED 28,000 to AED 74,666 a year.
  • At AED 74,666 a year the gross yield on the 2016 price is 13.6%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).
  • One-beds in MAG 540 sold for AED 740,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,150 per sqft.

Source: Dubai Land Department. Updated 9 May 2026.

Questions about 510, MAG 540

What did unit 510 last sell for?

AED 549,000 on 7 June 2016, sold by the developer: AED 860 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 74,666 a year on the contract renewed on 9 May 2026. The previous contract, from May 2025, was AED 65,333; the unit has been rented since June 2020.

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 540 sold for AED 740,000 to 800,000 in the last 12 months, around AED 1,187 per sqft.

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Mortgage on 510, MAG 540

Starts from the last sale price (AED 549K, 7 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 549,000
Deposit, UAE resident (20%)
AED 109,800
Deposit, non-resident (40%)
AED 219,600
Monthly over 25 years at 3.7%
AED 2,246

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