Unit 422, MAG 510: what it sold for and what it is worth now

Unit 422 at MAG 510 is a studio of 360 sq ft. It last sold for AED 250,000 on 24 May 2022. At AED 1,244 per sq ft, from 4 sales in the building in the last 12 months (studio), it is worth about AED 448,000 today.

Value todayAED 448,000AED 434,000 to AED 452,000
Last saleAED 250,00024 May 2022 · Resale
Change since last sale+79.2%Building trend alone: AED 453,133
Rent (median asking, studio)AED 38,950Gross yield 8.7%
Bedroomsstudio
Size360 sq ft
Floor4 (from the unit number)
Position in the towerStack 22: units ending 22 share the same layout and view
BuildingMAG 510 by MAG Property Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 422

DatePriceSizeAED/sq ftType
24 May 2022AED 250,000360 sq ft694Resale

Units ending 22 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12224 May 2024AED 390,000360 sq ft1,083Resale
5226 Aug 2020AED 300,000360 sq ft833Resale

Latest studio sales in MAG 510

UnitDatePriceSizeAED/sq ftType
6085 Sep 2026AED 440,000349 sq ft1,261Resale
2024 Feb 2026AED 485,000387 sq ft1,253Resale
30712 Jan 2026AED 478,000387 sq ft1,235Resale
51623 Sep 2025AED 460,000410 sq ft1,122Resale
1031 Sep 2025AED 407,000365 sq ft1,115Resale
41614 Jul 2025AED 460,000410 sq ft1,122Resale
6167 May 2025AED 420,000410 sq ft1,024Resale
11720 Mar 2025AED 475,000437 sq ft1,087Resale

How we worked out the value

We took the 4 sales in MAG 510 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,244). We multiplied it by the size of this unit (360 sq ft). The range uses the middle half of those sales (AED 1,207 to AED 1,255 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 453,133. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 422 at MAG 510 worth?

About AED 448,000 (range AED 434,000 to AED 452,000), based on AED 1,244 per sq ft from registered sales up to 10 Sep 2026.

When did unit 422 last sell?

24 May 2022, for AED 250,000 (resale). It has 1 registered sale.

What rent can unit 422 make?

A studio in MAG 510 rents for about AED 38,950 a year (median asking rent). That is a gross yield of 8.7% on the estimate.

Sales alert for MAG 510All sales in MAG 510

Unit 421 · Unit 501