516, MAG 510
Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, MAG 510
What is 516 worth today?
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Source: Dubai Land Department. Updated 20 January 2026.
Key facts
- Type
- Apartment
- Size
- 410 sqft
- Floor
- 5th of 6
- Parking
- G-104
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,500 /yr
- Last sold
- AED 460K · September 2025
- Building
- MAG 510
About 516, MAG 510
516 is an apartment of 410 sqft on the 5th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 23 September 2025 for AED 460,000, or AED 1,121 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 January 2026, is AED 31,500 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 7,500 a year.
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 5th floor
All 132 units in MAG 510| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 629 sqft | AED 550KAED 550,000 · Aug 2024August 2024 | 49,862 /yr | |
| 502 | Studio | 389 sqft | AED 386KAED 386,000 · Sep 2018September 2018 | 33,500 /yr | |
| 503 | Studio | 365 sqft | AED 384KAED 383,500 · Oct 2017October 2017 | 18,975 /yr | |
| 504 | 1-bed | 478 sqft | AED 470KAED 470,000 · May 2018May 2018 | 66,000 /yr | |
| 505 | 2-bed | 668 sqft | AED 630KAED 630,000 · Mar 2024March 2024 | 45,000 /yr | |
| 506 | 1-bed | 483 sqft | AED 570KAED 570,000 · Dec 2025December 2025 | 50,000 /yr | |
| 507 | Studio | 389 sqft | AED 386KAED 386,000 · Sep 2018September 2018 | ||
| 508 | Studio | 349 sqft | AED 365KAED 364,500 · Feb 2019February 2019 | 36,000 /yr | |
| 509 | 1-bed | 478 sqft | AED 490KAED 490,000 · Jan 2025January 2025 | 35,000 /yr | |
| 510 | 2-bed | 667 sqft | AED 638KAED 638,417 · Mar 2018March 2018 | 54,600 /yr | |
| 511 | 1-bed | 483 sqft | AED 435KAED 435,000 · Nov 2017November 2017 | 43,000 /yr | |
| 512 | 1-bed | 657 sqft | AED 400KAED 400,000 · Jun 2023June 2023 | 45,000 /yr | |
| 513 | 1-bed | 623 sqft | AED 575KAED 575,000 · Oct 2024October 2024 | 55,000 /yr | |
| 514 | 1-bed | 638 sqft | AED 535KAED 535,345 · Apr 2019April 2019 | 42,000 /yr | |
| 515 | Studio | 410 sqft | AED 425KAED 425,000 · Nov 2017November 2017 | 37,000 /yr | |
| 517 | Studio | 437 sqft | AED 396KAED 396,000 · Sep 2018September 2018 | 20,000 /yr | |
| 518 | Studio | 437 sqft | AED 325KAED 325,000 · May 2023May 2023 | 22,000 /yr | |
| 519 | 1-bed | 514 sqft | AED 448KAED 448,000 · Apr 2019April 2019 | 55,000 /yr | |
| 520 | 514 sqft | AED 645KAED 645,000 · Sep 2025September 2025 | 53,000 /yr | ||
| 521 | Studio | 360 sqft | AED 295KAED 295,000 · Apr 2023April 2023 | 30,000 /yr | |
| 522 | Studio | 360 sqft | AED 300KAED 300,000 · Aug 2020August 2020 | 30,000 /yr |
516, MAG 510 in numbers
- Sold twice: first on 16 August 2018 for AED 450,000, last on 23 September 2025 for AED 460,000 (AED 1,121 per sqft).
- Rented since January 2021 on 4 Ejari contracts, from AED 18,000 to AED 31,500 a year.
- At AED 31,500 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 7,500 a year (AED 18.21 per sqft).
Source: Dubai Land Department. Updated 20 January 2026.
Questions about 516, MAG 510
What did unit 516 last sell for?
AED 460,000 on 23 September 2025: AED 1,121 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 450,000 in August 2018.
What is the rent for unit 516?
AED 31,500 a year on the contract signed on 20 January 2026. The previous contract, from January 2025, was AED 30,000; the unit has been rented since January 2021.
How big is unit 516?
410 sqft (38.1 sqm): an apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 516 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 516, MAG 510
Starts from the last sale price (AED 460K, 23 September 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 AED 22,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →