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Studio · 437 sqftMAG 510, Dubai South · 6th floor · completed 2020

618, MAG 510

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 384K29 May 2018
Current rentAED 37K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 618, MAG 510

What is 618 worth today?

Last sold for AED 383,530 in 2018

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1 Jun 2025RentedRenewal
AED 37,000/yr12 months · AED 85 per sqft
1 Jun 2024RentedNew contract
AED 37,000/yr12 months · AED 85 per sqft
1 May 2023RentedRenewal
AED 23,000/yr12 months · AED 53 per sqft
1 May 2022RentedRenewal
AED 17,000/yr12 months · AED 39 per sqft
1 May 2021RentedNew contract
AED 17,000/yr12 months · AED 39 per sqft
29 May 2018Sold by developerOff-plan
AED 383,530AED 877 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
6th of 6
Parking
G-128
Developer
MAG
Completed
2020
Service charge
AED 8,000 /yr
Last sold
AED 384K · May 2018
Building
MAG 510

About 618, MAG 510

618 is a studio of 437 sqft on the 6th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 29 May 2018 for AED 383,530, or AED 877 per sqft, 13% below the AED 1,011 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 37,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 8,000 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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, May 2018: AED 383,530 (AED 877 per sqft)

618 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 618, 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, May 2021: AED 17,000 a yearRenewal, May 2022: AED 17,000 a yearRenewal, May 2023: AED 23,000 a yearNew contract, June 2024: AED 37,000 a yearRenewal, June 2025: AED 37,000 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 618 sits

All 58 studios →

618 last sold in May 2018 at AED 877 per sqft, 13% below what studios in MAG 510 were fetching at the time (AED 1,011). 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. 618's AED 37,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Feb 2026485,000
12 Jan 2026478,000
14 Jul 2025460,000
7 May 2025420,000
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 6th floor

All 132 units in MAG 510
Value
6011-bedAED 505K · Oct 2018
602StudioAED 379K · Apr 2018
603StudioAED 384K · Nov 2017
6041-bedAED 420K · Dec 2017
6052-bedAED 638K · Mar 2019
6061-bedAED 435K · Feb 2020
607StudioAED 374K · May 2024
1–7 of 21

618, MAG 510 in numbers

  • Sold once: by MAG on 29 May 2018 for AED 383,530, or AED 877 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 17,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 8,000 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 1 June 2025.

Questions about 618, MAG 510

What did unit 618 last sell for?

AED 383,530 on 29 May 2018, sold by the developer: AED 877 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 618?

AED 37,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 37,000; the unit has been rented since May 2021.

How big is unit 618?

437 sqft (40.6 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 618 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 618, MAG 510

Starts from the last sale price (AED 384K, 29 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 383,530
Deposit, UAE resident (20%)
AED 76,706
Deposit, non-resident (40%)
AED 153,412
Monthly over 25 years at 3.7%
AED 1,569

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