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Studio · 410 sqftMAG 510, Dubai South · 4th floor · completed 2020

416, MAG 510

Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 14 October 2025
Last soldAED 460K14 July 2025
Current rentAED 42K /yr14 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 416, MAG 510

What is 416 worth today?

Last sold for AED 460,000 in 2025

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14 Oct 2025RentedNew contract
AED 42,000/yr12 months · AED 102 per sqft
14 Jul 2025SoldReady
AED 460,000AED 1,121 per sqft
1 May 2024RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
28 Mar 2024SoldReady
AED 375,000AED 914 per sqft
14 Jan 2023RentedNew contract
AED 18,000/yr12 months · AED 44 per sqft
14 Jan 2022RentedNew contract
AED 18,000/yr12 months · AED 44 per sqft
16 Sep 2020Sold by developerReady
AED 368,415AED 898 per sqft

Source: Dubai Land Department. Updated 14 October 2025.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
4th of 6
Parking
G-82
Developer
MAG
Completed
2020
Service charge
AED 7,500 /yr
Last sold
AED 460K · July 2025
Building
MAG 510

About 416, MAG 510

416 is a studio of 410 sqft on the 4th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 July 2025 for AED 460,000, or AED 1,121 per sqft, 4% above the AED 1,083 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 14 October 2025, is AED 42,000 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 7,500 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical studio in MAG 510
300K400K2017202020232026Typical sale price by year: 2017 AED 384,250; 2018 AED 378,625; 2019 AED 383,000; 2020 AED 368,415; 2021 AED 291,500; 2022 AED 252,500; 2023 AED 301,500; 2024 AED 390,000; 2025 AED 460,000Sold by developer, September 2020: AED 368,415 (AED 898 per sqft)Sold, March 2024: AED 375,000 (AED 914 per sqft)Sold, July 2025: AED 460,000 (AED 1,121 per sqft)

416 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 416, each contractTypical studio in MAG 510
20K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 19,473; 2023 AED 23,500; 2024 AED 33,909; 2025 AED 38,000; 2026 AED 43,000New contract, January 2022: AED 18,000 a yearNew contract, January 2023: AED 18,000 a yearNew contract, May 2024: AED 38,000 a yearNew contract, October 2025: AED 42,000 a year

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 416 sits

All 58 studios →

416 last sold in July 2025 at AED 1,121 per sqft, 4% above what studios in MAG 510 were fetching at the time (AED 1,083). 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. 416's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Feb 2026485,000
12 Jan 2026478,000
7 May 2025420,000
20 Mar 2025475,000
2 studio 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 4th floor

All 132 units in MAG 510
Value
4011-bedAED 625K · Jan 2025
402StudioAED 371K · Oct 2018
403StudioAED 350K · Mar 2024
4041-bedAED 341K · Sep 2021
4052-bedAED 500K · Jul 2019
4061-bedAED 390K · Jan 2024
407StudioAED 359K · Sep 2019
1–7 of 21

416, MAG 510 in numbers

  • Sold 3 times: first on 16 September 2020 for AED 368,415, last on 14 July 2025 for AED 460,000 (AED 1,121 per sqft).
  • Rented since January 2022 on 4 Ejari contracts, from AED 18,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 7,500 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 14 October 2025.

Questions about 416, MAG 510

What did unit 416 last sell for?

AED 460,000 on 14 July 2025: AED 1,121 per sqft for 410 sqft. The unit has 3 registered sales; the first was AED 368,415 in September 2020.

What is the rent for unit 416?

AED 42,000 a year on the contract signed on 14 October 2025. The previous contract, from May 2024, was AED 38,000; the unit has been rented since January 2022.

How big is unit 416?

410 sqft (38.1 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 416 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 416, MAG 510

Starts from the last sale price (AED 460K, 14 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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