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1-bed · 483 sqftMAG 510, Dubai South · 1st floor · completed 2020

111, MAG 510

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 436K8 March 2018
Current rentAED 43K /yr5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 111, MAG 510

What is 111 worth today?

Last sold for AED 436,000 in 2018

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5 Mar 2024RentedNew contract
AED 43,000/yr12 months · AED 89 per sqft
15 Jan 2023RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
15 Jan 2022RentedNew contract
AED 23,000/yr12 months · AED 48 per sqft
8 Mar 2018Sold by developerOff-plan
AED 436,000AED 902 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
1st of 6
Parking
G-28
Developer
MAG
Completed
2020
Service charge
AED 8,800 /yr
Last sold
AED 436K · March 2018
Building
MAG 510

About 111, MAG 510

111 is a one-bedroom apartment of 483 sqft on the 1st floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 8 March 2018 for AED 436,000, or AED 902 per sqft, in line with the AED 878 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 5 March 2024, is AED 43,000 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 8,800 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in MAG 510
400K600K20182020202220242026Typical sale price by year: 2018 AED 468,000; 2019 AED 480,000; 2020 AED 448,000; 2021 AED 431,466; 2022 AED 345,000; 2023 AED 521,976; 2024 AED 472,500; 2025 AED 596,000Sold by developer, March 2018: AED 436,000 (AED 902 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in MAG 510
20K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 23,000; 2022 AED 26,000; 2023 AED 31,000; 2024 AED 42,000; 2025 AED 50,000New contract, January 2022: AED 23,000 a yearNew contract, January 2023: AED 28,000 a yearNew contract, March 2024: AED 43,000 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 510, and where 111 sits

All 59 1-beds →

111 last sold in March 2018 at AED 902 per sqft, in line with what one-beds in MAG 510 were fetching at the time (AED 878). Over the last 12 months one-beds sold for AED 570,000, around AED 1,180 per sqft, and rent for AED 44,100 to 55,000 a year. 111's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
24 Dec 2025570,000
17 Oct 2025700,000
10 Jun 2025622,000
9 Jun 2025650,000
1 1-bed sale in the last 12 months

MAG 510

Building

132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 3 sold in the last 12 months.

Typical price per sqft
AED 1,235
Typical sale
AED 485K
Typical rent
AED 44K /yr
Typical yield
8.7%
MAG 510, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 510
Value
1011-bedAED 480K · Jun 2019
102StudioAED 378K · Feb 2018
103AED 407K · Sep 2025
1041-bedAED 343K · Dec 2021
1052-bedAED 396K · Dec 2021
1061-bedAED 340K · Mar 2022
107StudioAED 378K · Feb 2018
1–7 of 21

111, MAG 510 in numbers

  • Sold once: by MAG on 8 March 2018 for AED 436,000, or AED 902 per sqft.
  • Rented since January 2022 on 3 Ejari contracts, from AED 23,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2018 price is 9.9%, before a service charge of about AED 8,800 a year (AED 18.21 per sqft).
  • One-beds in MAG 510 sold for AED 570,000–570,000 in the 12 months to November 2026; the building's median across all types is AED 1,235 per sqft.

Source: Dubai Land Department. Updated 5 March 2024.

Questions about 111, MAG 510

What did unit 111 last sell for?

AED 436,000 on 8 March 2018, sold by the developer: AED 902 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 43,000 a year on the contract signed on 5 March 2024. The previous contract, from January 2023, was AED 28,000; the unit has been rented since January 2022.

How big is unit 111?

483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 510 sold for AED 570,000 to 570,000 in the last 12 months, around AED 1,180 per sqft.

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Mortgage on 111, MAG 510

Starts from the last sale price (AED 436K, 8 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 436,000
Deposit, UAE resident (20%)
AED 87,200
Deposit, non-resident (40%)
AED 174,400
Monthly over 25 years at 3.7%
AED 1,784

Plus AED 21,222 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →