Unit 607, MAG 510: what it sold for and what it is worth now

Unit 607 at MAG 510 is a studio of 389 sq ft. It last sold for AED 374,000 on 1 May 2024. At AED 1,244 per sq ft, from 4 sales in the building in the last 12 months (studio), it is worth about AED 484,000 today.

Value todayAED 484,000AED 469,000 to AED 488,000
Last saleAED 374,0001 May 2024 · Resale
Change since last sale+29.4%Building trend alone: AED 480,308
Rent (median asking, studio)AED 38,950Gross yield 8.0%
Bedroomsstudio
Size389 sq ft
Floor6 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingMAG 510 by MAG Property Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 607

DatePriceSizeAED/sq ftType
1 May 2024AED 374,000389 sq ft961Resale
5 Oct 2021AED 291,500389 sq ft749Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30712 Jan 2026AED 478,000387 sq ft1,235Resale
20720 Mar 2025AED 475,000387 sq ft1,227Resale
2079 Feb 2020AED 392,000387 sq ft1,013Off-plan

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 (389 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 480,308. 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 607 at MAG 510 worth?

About AED 484,000 (range AED 469,000 to AED 488,000), based on AED 1,244 per sq ft from registered sales up to 10 Sep 2026.

When did unit 607 last sell?

1 May 2024, for AED 374,000 (resale). It has 2 registered sales.

What rent can unit 607 make?

A studio in MAG 510 rents for about AED 38,950 a year (median asking rent). That is a gross yield of 8.0% on the estimate.

Sales alert for MAG 510All sales in MAG 510

Unit 606 · Unit 608