1-bed · 514 sqftMAG 510, Dubai South · 6th floor · completed 2020

620, MAG 510

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 620 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 458K13 March 2018
Current rentAED 50K /yr19 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, MAG 510

What is 620 worth today?

Last sold for AED 458,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 97 per sqft
30 May 2023RentedNew contract
AED 43,000/yr12 months · AED 83 per sqft
13 Mar 2018Sold by developerOff-plan
AED 458,000AED 891 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
6th of 6
Parking
G-130
Developer
MAG
Completed
2020
Service charge
AED 9,400 /yr
Last sold
AED 458K · March 2018
Building
MAG 510

About 620, MAG 510

620 is a one-bedroom apartment of 514 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 13 March 2018 for AED 458,000, or AED 891 per sqft, in line with the AED 885 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 19 June 2024, is AED 50,000 a year: a gross yield of 10.9% on the 2018 price, before the service charge of about AED 9,400 a year.

Sales and rents for 620 over time

Sales
Unit 620, 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, March 2018: AED 458,000 (AED 891 per sqft)

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

Rents
Unit 620, 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, May 2023: AED 43,000 a yearNew contract, June 2024: AED 50,000 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 620 sits

All 59 1-beds →

620 last sold in March 2018 at AED 891 per sqft, in line with what one-beds in MAG 510 were fetching at the time (AED 885). 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. 620's AED 50,000 is in the upper half 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 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

620, MAG 510 in numbers

  • Sold once: by MAG on 13 March 2018 for AED 458,000, or AED 891 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 43,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 10.9%, 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 19 June 2024.

Questions about 620, MAG 510

What did unit 620 last sell for?

AED 458,000 on 13 March 2018, sold by the developer: AED 891 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 620?

AED 50,000 a year on the contract signed on 19 June 2024. The previous contract, from May 2023, was AED 43,000.

How big is unit 620?

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

What is unit 620 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.

Selling 620? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 620, MAG 510

Starts from the last sale price (AED 458K, 13 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 458,000
Deposit, UAE resident (20%)
AED 91,600
Deposit, non-resident (40%)
AED 183,200
Monthly over 25 years at 3.7%
AED 1,874

Plus AED 22,146 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →