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2-bed · 668 sqftMAG 510, Dubai South · 2nd floor · completed 2020

205, MAG 510

Sold prices and rental history: sold once, by the developer in May 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 17 May 2025
Last soldAED 497K13 May 2019
Current rentAED 42K /yr17 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, MAG 510

What is 205 worth today?

Last sold for AED 497,000 in 2019

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17 May 2025RentedRenewal
AED 41,800/yr12 months · AED 63 per sqft
17 May 2024RentedRenewal
AED 38,000/yr12 months · AED 57 per sqft
17 May 2020RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
13 May 2019Sold by developerOff-plan
AED 497,000AED 743 per sqft

Source: Dubai Land Department. Updated 17 May 2025.

Key facts

Type
2-bed apartment
Size
668 sqft
Floor
2nd of 6
Parking
G-06
Developer
MAG
Completed
2020
Service charge
AED 12,200 /yr
Last sold
AED 497K · May 2019
Building
MAG 510

About 205, MAG 510

205 is a two-bedroom apartment of 668 sqft on the 2nd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 13 May 2019 for AED 497,000, or AED 743 per sqft, 11% below the AED 832 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 17 May 2025, is AED 41,800 a year: a gross yield of 8.4% on the 2019 price, before the service charge of about AED 12,200 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in MAG 510
400K500K600K20182019202020212022Typical sale price by year: 2018 AED 588,162; 2019 AED 500,000; 2021 AED 419,435Sold by developer, May 2019: AED 497,000 (AED 743 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in MAG 510
40K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 29,000; 2022 AED 30,000; 2023 AED 43,500; 2024 AED 50,000; 2025 AED 52,000New contract, May 2020: AED 34,000 a yearRenewal, May 2024: AED 38,000 a yearRenewal, May 2025: AED 41,800 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 510, and where 205 sits

All 12 2-beds →

205 last sold in May 2019 at AED 743 per sqft, 11% below what two-beds in MAG 510 were fetching at the time (AED 832).

Recent 2-bed salesUnit no.Price (AED)Summary
23 May 2025660,000
2 Oct 2024600,000
20 Mar 2024630,000
7 Aug 2023550,000
0 2-bed sales 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 2nd floor

All 132 units in MAG 510
Value
2011-bedAED 505K · Oct 2018
202StudioAED 485K · Feb 2026
203StudioAED 400K · May 2024
2041-bedAED 425K · May 2018
2061-bedAED 450K · Jul 2024
207StudioAED 475K · Mar 2025
208StudioAED 377K · Oct 2017
1–7 of 21

205, MAG 510 in numbers

  • Sold once: by MAG on 13 May 2019 for AED 497,000, or AED 743 per sqft.
  • Rented since May 2020 on 3 Ejari contracts, from AED 34,000 to AED 41,800 a year.
  • At AED 41,800 a year the gross yield on the 2019 price is 8.4%, before a service charge of about AED 12,200 a year (AED 18.21 per sqft).

Source: Dubai Land Department. Updated 17 May 2025.

Questions about 205, MAG 510

What did unit 205 last sell for?

AED 497,000 on 13 May 2019, sold by the developer: AED 743 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 41,800 a year on the contract renewed on 17 May 2025. The previous contract, from May 2024, was AED 38,000; the unit has been rented since May 2020.

How big is unit 205?

668 sqft (62.1 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 205, MAG 510

Starts from the last sale price (AED 497K, 13 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 497,000
Deposit, UAE resident (20%)
AED 99,400
Deposit, non-resident (40%)
AED 198,800
Monthly over 25 years at 3.7%
AED 2,033

Plus AED 23,784 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →