1-bed · 622 sqftMAG 510, Dubai South · 1st floor · completed 2020

113, MAG 510

Sold prices and rental history: sold twice, last in January 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 19 April 2025
Last soldAED 465K15 January 2024
Current rentAED 55K /yr19 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, MAG 510

What is 113 worth today?

Last sold for AED 465,000 in 2024

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19 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
15 Jan 2024SoldReady
AED 465,000AED 747 per sqft
1 Apr 2023RentedNew contract
AED 42,000/yr12 months · AED 68 per sqft
23 Jun 2021Sold by developerReady
AED 438,460AED 704 per sqft

Source: Dubai Land Department. Updated 19 April 2025.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
1st of 6
Parking
G-13
Developer
MAG
Completed
2020
Service charge
AED 11,300 /yr
Last sold
AED 465K · January 2024
Building
MAG 510

About 113, MAG 510

113 is a one-bedroom apartment of 622 sqft on the 1st floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 15 January 2024 for AED 465,000, or AED 747 per sqft, 11% below the AED 838 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 19 April 2025, is AED 55,000 a year: a gross yield of 11.8% on the 2024 price, before the service charge of about AED 11,300 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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, June 2021: AED 438,460 (AED 704 per sqft)Sold, January 2024: AED 465,000 (AED 747 per sqft)

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

Rents
Unit 113, each contractTypical one-bed in MAG 510
20K40K60K2020202220242026Typical 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, April 2023: AED 42,000 a yearNew contract, April 2025: AED 55,000 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 113 sits

All 59 1-beds →

113 last sold in January 2024 at AED 747 per sqft, 11% below what one-beds in MAG 510 were fetching at the time (AED 838). 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. 113's AED 55,000 is at the top 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

113, MAG 510 in numbers

  • Sold twice: first on 23 June 2021 for AED 438,460, last on 15 January 2024 for AED 465,000 (AED 747 per sqft).
  • Rented since April 2023 on 2 Ejari contracts, from AED 42,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 11.8%, before a service charge of about AED 11,300 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 19 April 2025.

Questions about 113, MAG 510

What did unit 113 last sell for?

AED 465,000 on 15 January 2024: AED 747 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 438,460 in June 2021.

What is the rent for unit 113?

AED 55,000 a year on the contract signed on 19 April 2025. The previous contract, from April 2023, was AED 42,000.

How big is unit 113?

622 sqft (57.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 113 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 113, MAG 510

Starts from the last sale price (AED 465K, 15 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

Plus AED 22,440 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →