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A studio in MAG 510 costs a median AED 478,000 and rents long-let for AED 40,000/yr (8.4% gross).

Satellite view of MAG 510, Dubai South, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

Studio · typical price

478,000AED

AED 1,253/sqft

Rent a year
AED 40,000
Gross yield
8.4%
vs Dubai South
24% below the median
Cost to buy, all inAED 509,258
Price
AED 478,000
DLD fee 4%
AED 19,120
Agent 2% + VAT
AED 10,038
Trustee
AED 2,100

Fees repaid by rent9 months

Against this building’s registered sales of the same type.

Ask about MAG 510 →

Is MAG 510 a good investment?Pays above the Dubai median and prices rising; lots of new supply is coming

  1. Does it pay a good rent?8.4% gross, before the service charge (not on file) (Dubai median 6.8%)8.4%Strength
  2. Are rents going up?New studio leases: AED 39,000 a year ago, AED 40,000 now (pooled across the project)+2.6%
  3. Are prices going up?All types: AED 1,024/sqft a year ago, 1,191 now+16.2%Strength
  4. How fast do fees pay back?AED 31,258 in fees to buy a studio; rent covers it in 0.8 years0.8 yrs
  5. Can I sell easily?7 sales in 12 months (20 the year before)7
  6. Is a lot being built nearby?14,194 apartments are planned in Dubai South from 2026 to 2028, equal to 3.0 times the 4,798 homes let there today. A further 7,808 are past their planned date. Dubai South supply by year →296%Watch
  7. Did earlier buyers gain?Up 66% for buyers 5 years ago; up 25% for launch buyers, before fees+65.7%Context

Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026

Check an asking price →How each reading works →

MAG 510 prices and rents by unit typeA studio costs about AED 478,000 and rents for about AED 40,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 478,0001,253/sqft8.4%-0.3 ptsAED 40,000188 contractsunder 5 sales in a year3
1 bedAED 575,0001,180/sqft9.0%+1.4 ptsAED 52,000240 contractsunder 5 sales in a year3
2 bedAED 725,0001,087/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year1
Appreciation, rental income and short-term detail, by unit type

Appreciation

Studio · price per sqft · Dubai South · area median AED 1,642/sqft

Rank by price per sqft
67th of 82

Rental income

Studio · Dubai South

Median new rent
AED 40,000/yr
Yield vs area median
-0.3 pts
Yield vs Dubai (6.8%)
+1.6 pts
Yield rank
8th of 11
Renewal rent
AED 37,800/yr
New tenants pay vs sitting (127 renewals)
+5.8%

Read with care

  • Rental data covers the whole MAG 5 Boulevard project, not this tower alone.
  • Thin sample — 3 sales in 12 months. Treat these figures as indicative.

Price history and sales

As filed with the Land Department — data to 2026-10-12.

Median price paid, Studio, as a rolling 3-month median. The band along the bottom is the number of records each month.

Chart data, Studio: Oct 2017, AED 385,375; latest, Sep 2026, AED 440,000; peak, Jan 2026, AED 481,500.

Did earlier buyers gain?

Median paid per sqft, all types, against today’s 1,191 · before fees

Launch, 2017–20
949
+25%
5 years ago
719
+66%
3 years ago
821
+45%
Previous 12 months
1,024
+16%
Last 12 months
1,191
today

The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.

7 resales in the last 12 months, against 18 a year on average over 2023–2025.

DateTypeSqftPriceAED/sqft
10 Sept 20262 bed667AED 725,0001,087
7 Sept 2026Studio349AED 440,0001,261
8 May 20261 bed483AED 575,0001,191
4 Feb 2026Studio387AED 485,0001,253
12 Jan 2026Studio387AED 478,0001,235
24 Dec 20251 bed483AED 570,0001,180
20 Oct 20251 bed622AED 700,0001,125

7 resales in the last 12 months.

Short-term rates around MAG 510

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 2+ listings seen3820.78/sqftAED 74,301AED 52,0001.4×12.9%
2 bed500 m cluster · 5+ listings seen6781.02/sqftAED 135,194AED 67,0002.0×—

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly rate through the year

Comparables in Dubai South

Every Dubai South building with a page, ranked by price per sqft over the same 12 months, all unit types. MAG 510 places 109th of 157; the nearest 8 are shown.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
105MAG 565Completed 2020 · off-plan 893/sqftAED 560,0001,215+2.1%8.6%+10.1%6
106Westar Altair10% · Q2 2027 · off-plan 1,164/sqftAED 1.25M1,213+1.9%—+5.8%8
107Majestique Residence 1Completed 2021 · off-plan 1,189/sqftAED 1.08M1,205+1.2%7.0%+7.7%28
108Rr ResidenceAED 779,7281,200+0.8%——85
109MAG 510 · this buildingCompleted 2020 · off-plan 938/sqftAED 570,0001,1918.4%+16.2%7
110MAG 540Completed 2020 · off-plan 849/sqftAED 790,0001,187-0.3%6.1%+12.9%5
111Wadaa - Altura 24% · Q1 2029 · off-plan 1,171/sqftAED 509,0001,171-1.6%——236
112Trafford ResidenceCompleted 2026 · off-plan 1,175/sqftAED 1.35M1,169-1.8%—-0.6%7
113Waada - Altura 1off-plan 1,169/sqftAED 475,0001,169-1.8%——219

Rank 1 is the dearest per square foot. Differences are against MAG 510 (AED 1,191/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.

At studio, MAG 510 has registered sale prices 24% below the Dubai South median price per square foot of 1,642 AED, across 82 eligible buildings. It ranks 67th of 82 by price per square foot and 8th of 11 by gross yield in Dubai South.

Market context in Dubai South

Registered sales activity

888 ready apartment sales in the 12 months to 2026-10-12.

+7.3% in median AED/sqft versus the preceding year, supported by 888 current and 844 prior price observations.

Explore sales activity

Planned apartment projects

4,261 known registered units across 20 pending projects planned within one year of the 2026-07-06 register.

10 projects had already passed their planned date; 3 have unknown timing.

Explore planned supply

Supply against leasing, and same-building moves

14,194 apartments are planned in Dubai South from 2026 to 2028, equal to 3.0 times the 4,798 homes let there today.

Ready prices per sqft fell in 9% of 22 buildings (counted once per bedroom type) in Dubai South with sales in both years; the typical one moved +7.7%.

New-lease rents fell in 6% of 17 buildings (counted once per bedroom type) with leases in both years; the typical one moved +1.7%.

How these are counted
Find service-charge budget evidence for MAG 510

Direct locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.

The MAG 5 Boulevard towers

13 towers in MAG 5 Boulevard, at the bedroom type above.

TowerPriceAED/sqftRent a yearGross yield
MAG 505—2 sales, too few—AED 40,000project pool—
MAG 510 · this buildingAED 478,0003 sales1,253AED 40,000project pool8.4%
MAG 515—2 sales, too few—AED 40,000project pool—
MAG 520AED 499,0003 sales1,288AED 40,000project pool8.0%
MAG 525—1 sale, too few—AED 40,000project pool—
MAG 530—1 sale, too few—AED 40,000project pool—
MAG 535—none—AED 40,000project pool—
MAG 540—none—AED 40,000project pool—
MAG 545—none—AED 40,000project pool—
MAG 550—2 sales, too few—AED 40,000project pool—
MAG 555AED 473,5004 sales1,306AED 40,000project pool8.4%
MAG 560—2 sales, too few—AED 40,000project pool—
MAG 565AED 440,0003 sales1,224AED 40,000project pool9.1%

Ejari files MAG 5 Boulevard’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.

Dubai South: every development at this type
DevelopmentRent a yearPriceAED/sqftGross yield
Waada2 developments, pooled—noneAED 470,000319 sales1,171—
Altura 11 tower—noneAED 470,000165 sales1,171—
Altura 21 tower—noneAED 470,000154 sales1,171—
Azizi Venice 32 towers—noneAED 633,00017 sales1,602—
Azizi Venice 42 towers—noneAED 606,00044 sales1,690—
Azizi Venice 52 towers—noneAED 589,500126 sales1,661—
Azizi Venice 67 towers—noneAED 730,000762 sales2,062—
Azizi Venice 75 towers—noneAED 640,000524 sales1,890—
Azizi Venice 82 towers—noneAED 624,000169 sales1,806—
Azizi Venice 92 towers—noneAED 672,960225 sales1,972—
Azizi Venice 102 towers—noneAED 599,000347 sales1,736—
Azizi Venice 122 towers—noneAED 650,000372 sales1,716—
Azizi Venice 132 towers—noneAED 650,000505 sales1,709—
Azizi Venice 147 towers—noneAED 630,0001,517 sales1,710—
Azizi Venice 152 towers—noneAED 691,000619 sales1,812—
Celestia2 towers · rent filed for the projectAED 41,000282 contractsAED 530,00059 sales1,1737.7%
MAG 5 Boulevard · this development13 towers · rent filed for the projectAED 40,000188 contractsAED 478,00023 sales1,2538.4%
The Pulse Residence3 towers · rent filed for the projectAED 38,0007 contracts—1 sale, too few——
The Pulse Residence Park3 towers · rent filed for the projectAED 39,00014 contracts—1 sale, too few——
The Pulse Residence Plaza3 towers · rent filed for the projectAED 43,00011 contracts—2 sales, too few——
Windsor House2 towers—noneAED 687,82821 sales1,592—
Windsor House II2 towers—noneAED 730,32820 sales1,680—
All of Dubai Southevery building, in a project or notAED 41,000592 contractsAED 648,4506,698 sales1,7486.3%

Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at studio. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.

About MAG 510

MAG 510 is an apartment building completed in 2020 in Dubai South. 198 sales are registered with the Dubai Land Department.

Pinned from Google's place record for the registered name.Open in Google Maps

Drive times · typical

Downtown
34 min · 42 km
DXB Airport
35 min · 51 km
DIFC
32 min · 45 km
Dubai Marina
30 min · 32 km
Palm Jumeirah
36 min · 36 km

Nearest, as registered

Landmark
Expo 2020 Site

MAG 510: AED 1,191 per sq ft, 15% below the median Dubai South building, and a 8.4% gross yield, above the area's median building

The building's own figures against its area's registered market, last twelve months.

Price per sq ft

Median registered sale price, AED per sq ft, last 12 months

  1. MAG 510AED 1,191
  2. Dubai South, readyAED 1,078
  3. Dubai South, off-planAED 1,658
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

MAG 510Dubai South median building

  1. Dubai South8.4% vs 7.0%
Line: the 10th to 90th percentile of 39 buildings in Dubai South. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai South, by handover quarter

Prices per sq ft around MAG 510, on the map
Pills show median sale price, AED. 78 buildings pinned from Google place records and Apple geocoding · MAG 510 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

Rent or buy

What owning a studio here costs against renting it, at stated assumptions you can change.

Monthly cost of owning against renting, with your own deposit and rate

Prefilled from MAG 510’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.

Residency
More assumptions

The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.

Monthly mortgage
2,126AED
4.5% over 25 years
Monthly rent
3,333AED
AED 40,000 a year
Cash needed at purchase
134,638AED
20% down plus AED 39,038 in fees

Owning costs AED 157,282 less than renting over 5 years, once the sale is counted.

Buying overtakes renting in year 2.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about MAG 510

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Common questions

What is the rental yield in MAG 510?
MAG 510 returns 8.4% gross: a median new-contract rent of AED 40,000 a year (188 Ejari contracts in 12 months) over a price benchmark of AED 478,000 (median of 3 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
How much does a studio in MAG 510 cost?
The median registered sale price is AED 478,000 (1,253 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
How does MAG 510 compare with Dubai South?
Its 8.4% gross yield sits -0.3 pts against the Dubai South median of 8.7%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
What is the registered annual rent for a studio in MAG 510?
The median new annual rent is AED 40,000, from 188 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
Have registered rents in MAG 510 risen or fallen?
The median new annual rent changed +2.6% in the trailing 12 months against the previous 12, using 188 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.

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MAG 510 sale record

Record type
Building-level property market record
Data date
· refreshed
Evidence base
3 registered sales in the last 12 months for the default unit type
Sources
Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
Canonical record
/sale/apartments/dubai/dubai-south/mag-510
Method
Definitions and calculations

Cite as: Dubai Wealth Index. “MAG 510 sale prices and yield.” Dubai South, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-south/mag-510

Stable dataJSON