302, MAG 510
Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, MAG 510
What is 302 worth today?
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Source: Dubai Land Department. Updated 28 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 3rd of 6
- Parking
- G-94
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,000 /yr
- Last sold
- AED 378K · November 2017
- Building
- MAG 510
About 302, MAG 510
302 is a studio of 387 sqft on the 3rd floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 6 November 2017 for AED 378,000, or AED 976 per sqft, 4% below the AED 1,013 studios in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 28 January 2025, is AED 29,500 a year: a gross yield of 7.8% on the 2017 price, before the service charge of about AED 7,000 a year.
Sales and rents for 302 over time
302 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 510, and where 302 sits
All 58 studios →302 last sold in November 2017 at AED 976 per sqft, 4% below what studios in MAG 510 were fetching at the time (AED 1,013). Over the last 12 months studios sold for AED 478,000 to 485,000, around AED 1,244 per sqft, and rent for AED 31,500 to 54,000 a year. 302's AED 29,500 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 387 sqft | 485,000 | 1,253 | ||
| 12 Jan 202612 January 2026 | 387 sqft | 478,000 | 1,235 | ||
| 14 Jul 202514 July 2025 | 410 sqft | 460,000 | 1,121 | ||
| 7 May 20257 May 2025 | 410 sqft | 420,000 | 1,023 |
MAG 510
Building132 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%
Other units on the 3rd floor
All 132 units in MAG 510| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 530KAED 530,000 · May 2018May 2018 | 50,000 /yr | |
| 303 | Studio | 365 sqft | AED 344KAED 344,000 · May 2018May 2018 | 40,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 425KAED 425,000 · Mar 2024March 2024 | 28,000 /yr | |
| 305 | 2-bed | 668 sqft | AED 660KAED 660,000 · May 2025May 2025 | 62,000 /yr | |
| 306 | 1-bed | 483 sqft | AED 404KAED 404,000 · Jan 2025January 2025 | 43,000 /yr | |
| 307 | Studio | 387 sqft | AED 478KAED 478,000 · Jan 2026January 2026 | 44,000 /yr | |
| 308 | Studio | 347 sqft | AED 327KAED 327,000 · Mar 2018March 2018 | 34,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 477KAED 477,000 · Apr 2018April 2018 | 26,000 /yr | |
| 310 | 2-bed | 667 sqft | AED 540KAED 539,800 · Jul 2018July 2018 | ||
| 311 | 1-bed | 483 sqft | AED 540KAED 540,000 · Jan 2025January 2025 | 65,823 /yr | |
| 312 | 1-bed | 656 sqft | AED 480KAED 480,000 · May 2019May 2019 | 52,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 510KAED 509,548 · Feb 2018February 2018 | 50,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 519KAED 518,750 · Jul 2020July 2020 | ||
| 315 | Studio | 410 sqft | AED 445KAED 444,600 · Dec 2017December 2017 | 38,000 /yr | |
| 316 | Studio | 410 sqft | AED 415KAED 415,000 · Dec 2017December 2017 | 40,000 /yr | |
| 317 | Studio | 437 sqft | AED 436KAED 435,850 · May 2018May 2018 | ||
| 318 | Studio | 437 sqft | AED 436KAED 436,000 · Mar 2025March 2025 | 54,000 /yr | |
| 319 | 1-bed | 514 sqft | AED 365KAED 364,692 · May 2021May 2021 | 50,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 450KAED 450,000 · Dec 2023December 2023 | ||
| 321 | Studio | 360 sqft | AED 336KAED 335,500 · May 2018May 2018 | 43,000 /yr | |
| 322 | Studio | 360 sqft | AED 336KAED 335,500 · May 2018May 2018 | 42,000 /yr |
302, MAG 510 in numbers
- Sold once: by MAG on 6 November 2017 for AED 378,000, or AED 976 per sqft.
- Rented since December 2021 on 3 Ejari contracts, from AED 20,000 to AED 29,500 a year.
- At AED 29,500 a year the gross yield on the 2017 price is 7.8%, before a service charge of about AED 7,000 a year (AED 18.21 per sqft).
- Studios in MAG 510 sold for AED 478,000–485,000 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 28 January 2025.
Questions about 302, MAG 510
What did unit 302 last sell for?
AED 378,000 on 6 November 2017, sold by the developer: AED 976 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 29,500 a year on the contract renewed on 28 January 2025. The previous contract, from January 2024, was AED 26,000; the unit has been rented since December 2021.
How big is unit 302?
387 sqft (36.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 510 sold for AED 478,000 to 485,000 in the last 12 months, around AED 1,244 per sqft.
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Mortgage on 302, MAG 510
Starts from the last sale price (AED 378K, 6 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 378,000
- Deposit, UAE resident (20%)
- AED 75,600
- Deposit, non-resident (40%)
- AED 151,200
- Monthly over 25 years at 3.7%
- AED 1,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →