1-bed · 638 sqftMAG 545, Dubai South · 5th floor · completed 2020

510, MAG 545

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 27 July 2024
Last soldAED 521K12 October 2016
Current rentAED 53K /yr27 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, MAG 545

What is 510 worth today?

Last sold for AED 520,555 in 2016

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27 Jul 2024RentedNew contract
AED 53,000/yr12 months · AED 83 per sqft
21 Dec 2020RentedRenewal
AED 28,000/yr12 months · AED 44 per sqft
21 Dec 2019RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
12 Oct 2016Sold by developerOff-plan
AED 520,555AED 816 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2024.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
5th of 6
Parking
G-70
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 521K · October 2016
Building
MAG 545

About 510, MAG 545

510 is a one-bedroom apartment of 638 sqft on the 5th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 12 October 2016 for AED 520,555, or AED 816 per sqft, in line with the AED 821 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 27 July 2024, is AED 53,000 a year: a gross yield of 10.2% on the 2016 price, before the service charge of about AED 9,100 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical one-bed in MAG 545
500K600K2016201920222025Typical sale price by year: 2016 AED 530,555; 2017 AED 505,277; 2018 AED 536,488; 2019 AED 520,555; 2024 AED 599,500; 2025 AED 635,000Sold by developer, October 2016: AED 520,555 (AED 816 per sqft)

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 545
40K60K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 27,000; 2022 AED 29,000; 2023 AED 34,000; 2024 AED 40,000; 2025 AED 48,000; 2026 AED 55,000New contract, December 2019: AED 28,000 a yearRenewal, December 2020: AED 28,000 a yearNew contract, July 2024: AED 53,000 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 545, and where 510 sits

All 47 1-beds →

510 last sold in October 2016 at AED 816 per sqft, in line with what one-beds in MAG 545 were fetching at the time (AED 821). Over the last 12 months one-beds sold for AED 720,000, around AED 1,136 per sqft, and rent for AED 49,000 to 66,000 a year. 510's AED 53,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Dec 2025720,000
10 Nov 2025635,000
13 Jan 2025599,999
16 Dec 2024599,999
1 1-bed sale in the last 12 months

MAG 545

Building

86 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 1,136
Typical sale
AED 720K
Typical rent
AED 55K /yr
Typical yield
7.3%
MAG 545, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 86 units in MAG 545
Value
5012-bedAED 781K · May 2018
5021-bedAED 526K · Jul 2016
503StudioAED 391K · Nov 2016
5041-bedAED 546K · Jul 2016
5052-bedNo registered sale
5061-bedAED 526K · Aug 2016
507StudioAED 400K · Oct 2024
1–7 of 13

510, MAG 545 in numbers

  • Sold once: by MAG on 12 October 2016 for AED 520,555, or AED 816 per sqft.
  • Rented since December 2019 on 3 Ejari contracts, from AED 28,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2016 price is 10.2%, before a service charge of about AED 9,100 a year (AED 14.21 per sqft).
  • One-beds in MAG 545 sold for AED 720,000–720,000 in the 12 months to November 2026; the building's median across all types is AED 1,136 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 July 2024.

Questions about 510, MAG 545

What did unit 510 last sell for?

AED 520,555 on 12 October 2016, sold by the developer: AED 816 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 53,000 a year on the contract signed on 27 July 2024. The previous contract, from December 2020, was AED 28,000; the unit has been rented since December 2019.

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. One-beds in MAG 545 sold for AED 720,000 to 720,000 in the last 12 months, around AED 1,136 per sqft.

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Mortgage on 510, MAG 545

Starts from the last sale price (AED 521K, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 520,555
Deposit, UAE resident (20%)
AED 104,111
Deposit, non-resident (40%)
AED 208,222
Monthly over 25 years at 3.7%
AED 2,130

Plus AED 26,873 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →