Slow-release fertilizers (SRFs) form the core of innovative strategies in sustainable agriculture. Layered Double Hydroxides (LDH), known for their high capacity to sequester plant nutrients, especially phosphate, are emerging as promising candidates for SRF synthesis. The phosphate release properties of MgAl LDH (with a targeted Mg/Al ratio of 2.0) intercalated with HPO42- anions were assessed in various aqueous environments. A comprehensive analysis, including in-depth chemical and structural characterizations (ICP-OES, XRD, PDF, 27Al NMR, 31P NMR, FTIR, SEM) of the as-prepared phase unveiled a more intricate composition than anticipated for a pure or ideal Mg2Al-HPO4 LDH, encompassing an excess of intercalated phosphate in conjunction with K+. Beyond the intercalated phosphate, solid state 31P NMR speciation identified multiple HxPO4(-3+x) environments, indicating a portion of the phosphate reacting with intralayer Mg2+ to form K-struvite. Additionally, some phosphates were adsorbed onto the surface of amorphous aluminum hydroxide, a side phase formed during MgAl coprecipitation. The phosphate release demonstrated rapid kinetics, occurring within 6 days. Moreover, the released phosphate increased significantly when reducing the Solid/Liquid (S/L) ratio (58%) and further increasing in the presence of carbonate ions (90%). The released phosphate varied from 12% to 90% under different release conditions, transitioning from water to a 3.33 mM NaHCO3 aqueous solution at a low S/L ratio (from 20 mg LDH per mL to 0.02 mg LDH per mL). The simultaneous release of K+, Mg2+, Al3+ indicated the complete dissolution of the K-struvite and partial dissolution of phosphate intercalated MgAl LDH. These results enhanced our understanding of the mechanism governing phosphate release from MgAl LDH, paving the way for potential phosphate recovery by LDH or for the development of LDH-based SRFs.