1-bed · 514 sqftMAG 510, Dubai South · 4th floor · completed 2020

420, MAG 510

Sold prices and rental history: sold twice, last in July 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 420 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 480K8 July 2024
Current rentAED 33K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 420, MAG 510

What is 420 worth today?

Last sold for AED 480,000 in 2024

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8 Jul 2024SoldReady
AED 480,000AED 934 per sqft
1 Apr 2023RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
1 Mar 2022RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
24 Oct 2021Sold by developerReady
AED 431,466AED 839 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
4th of 6
Parking
G-86
Developer
MAG
Completed
2020
Service charge
AED 9,400 /yr
Last sold
AED 480K · July 2024
Building
MAG 510

About 420, MAG 510

420 is a one-bedroom apartment of 514 sqft on the 4th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 July 2024 for AED 480,000, or AED 934 per sqft, 10% above the AED 851 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 April 2023, is AED 33,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 9,400 a year.

Sales and rents for 420 over time

Sales
Unit 420, 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, October 2021: AED 431,466 (AED 839 per sqft)Sold, July 2024: AED 480,000 (AED 934 per sqft)

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

Rents
Unit 420, 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, March 2022: AED 26,000 a yearNew contract, April 2023: AED 33,000 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 420 sits

All 59 1-beds →

420 last sold in July 2024 at AED 934 per sqft, 10% above what one-beds in MAG 510 were fetching at the time (AED 851). 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. 420's AED 33,000 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 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

420, MAG 510 in numbers

  • Sold twice: first on 24 October 2021 for AED 431,466, last on 8 July 2024 for AED 480,000 (AED 934 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 26,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 9,400 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 8 July 2024.

Questions about 420, MAG 510

What did unit 420 last sell for?

AED 480,000 on 8 July 2024: AED 934 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 431,466 in October 2021.

What is the rent for unit 420?

AED 33,000 a year on the contract signed on 1 April 2023. The previous contract, from March 2022, was AED 26,000.

How big is unit 420?

514 sqft (47.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 420 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 420, MAG 510

Starts from the last sale price (AED 480K, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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