1-bed · 638 sqftMAG 540, Dubai South · 5th floor · completed 2020

510, MAG 540

Sold prices and rental history: sold once, by the developer in June 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 9 May 2025

Last soldAED 549K7 June 2016

Current rentAED 65K /yr9 May 2025

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 510, MAG 540

Today

What is 510 worth today?

Last sold for AED 549,000 in 2016

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9 May 2025

9 May 2025RentedRenewal

AED 65,333/yr12 months · AED 102 per sqft

9 May 2024

9 May 2024RentedRenewal

AED 44,000/yr12 months · AED 69 per sqft

9 May 2023

9 May 2023RentedRenewal

AED 36,000/yr12 months · AED 56 per sqft

9 May 2022

9 May 2022RentedRenewal

AED 33,000/yr12 months · AED 52 per sqft

9 May 2021

9 May 2021RentedNew contract

AED 28,000/yr12 months · AED 44 per sqft

1 Jun 2020

1 Jun 2020RentedNew contract

AED 28,000/yr12 months · AED 44 per sqft

7 Jun 2016

7 Jun 2016Sold by developerOff-plan

AED 549,000AED 860 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 May 2025.

Key facts

Type: 1-bed apartment
Size: 638 sqft
Floor: 5th of 6
Parking: G-67
Developer: MAG
Completed: 2020
Service charge: AED 10,000 /yr
Last sold: AED 549K · June 2016
Building: MAG 540

About 510, MAG 540

510 is a one-bedroom apartment of 638 sqft on the 5th floor of MAG 540, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 June 2016 for AED 549,000, or AED 860 per sqft, in line with the AED 856 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 9 May 2025, is AED 65,333 a year: a gross yield of 11.9% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 510 over time

Sales

Unit 510, each saleTypical one-bed in MAG 540

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

Rents

Unit 510, each contractTypical one-bed in MAG 540

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 540, and where 510 sits

All 45 1-beds →

MAG 540 · all types986 /sqft

510 last sold in June 2016 at AED 860 per sqft, in line with what one-beds in MAG 540 were fetching at the time (AED 856). 510's AED 65,333 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
25 Jun 202525 June 2025	640 sqft	700,000	1,093
22 Jun 202522 June 2025	641 sqft	640,000	998
18 Jun 202518 June 2025	665 sqft	700,000	1,051
12 Jun 202512 June 2025	638 sqft	645,000	1,011

0 1-bed sales in the last 12 months

MAG 540

Building

85 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 1 sold in the last 12 months.

Typical price per sqft: AED 986
Typical sale: AED 950K
Typical rent: AED 58K /yr
Typical yield: 8.9%

MAG 540, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 85 units in MAG 540


501	2-bed	1,040 sqft	AED 975KAED 975,000 · Apr 2025April 2025	58,000 /yr
502	1-bed	667 sqft	AED 561KAED 560,957 · Jun 2016June 2016	77,333 /yr
503	Studio	476 sqft	AED 302KAED 302,000 · Apr 2023April 2023	40,000 /yr
504	1-bed	640 sqft	AED 512KAED 511,584 · Dec 2017December 2017	55,000 /yr
505	2-bed	1,007 sqft	AED 843KAED 842,707 · Jul 2016July 2016	60,000 /yr
506		667 sqft	AED 765KAED 765,000 · Aug 2025August 2025	47,890 /yr
507	Studio	476 sqft	AED 275KAED 275,000 · Dec 2022December 2022	45,000 /yr
508	1-bed	640 sqft	AED 576KAED 575,532 · Feb 2020February 2020	38,000 /yr
509	1-bed	641 sqft	AED 640KAED 640,000 · Jun 2025June 2025	36,750 /yr
511	1-bed	636 sqft	AED 552KAED 552,000 · Jul 2016July 2016	30,000 /yr
512	1-bed	638 sqft	AED 549KAED 549,000 · Jun 2016June 2016	48,000 /yr
513	2-bed	963 sqft	AED 750KAED 750,000 · Dec 2018December 2018
514	2-bed	963 sqft	AED 850KAED 850,000 · Jul 2024July 2024	55,000 /yr

1–7 of 13

510, MAG 540 in numbers

Sold once: by MAG on 7 June 2016 for AED 549,000, or AED 860 per sqft.
Rented since June 2020 on 6 Ejari contracts, from AED 28,000 to AED 65,333 a year.
At AED 65,333 a year the gross yield on the 2016 price is 11.9%, before a service charge of about AED 10,000 a year (AED 15.65 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 9 May 2025.

Questions about 510, MAG 540

What did unit 510 last sell for?

AED 549,000 on 7 June 2016, sold by the developer: AED 860 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 65,333 a year on the contract renewed on 9 May 2025. The previous contract, from May 2024, was AED 44,000; the unit has been rented since June 2020.

How big is unit 510?

638 sqft (59.3 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 510 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 510, MAG 540

Starts from the last sale price (AED 549K, 7 June 2016). Switch to today's estimate once you have unlocked it.

Price: AED 549,000
Deposit, UAE resident (20%): AED 109,800
Deposit, non-resident (40%): AED 219,600
Monthly over 25 years at 3.7%: AED 2,246

Plus AED 28,068 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →