Unit 617, MAG 510: what it sold for and what it is worth now

Unit 617 at MAG 510 is a studio of 437 sq ft. It last sold for AED 435,830 on 13 Feb 2020. At AED 1,244 per sq ft, from 4 sales in the building in the last 12 months (studio), it is worth about AED 544,000 today.

Value todayAED 544,000AED 527,000 to AED 548,000
Last saleAED 435,83013 Feb 2020 · Off-plan
Change since last sale+24.8% 
Rent (median asking, studio)AED 38,950Gross yield 7.2%
Bedroomsstudio
Size437 sq ft
Floor6 (from the unit number)
Position in the towerStack 17: units ending 17 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 617

DatePriceSizeAED/sq ftType
13 Feb 2020AED 435,830437 sq ft997Off-plan

Units ending 17 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11720 Mar 2025AED 475,000437 sq ft1,087Resale

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 (437 sq ft). The range uses the middle half of those sales (AED 1,207 to AED 1,255 per sq ft). 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 617 at MAG 510 worth?

About AED 544,000 (range AED 527,000 to AED 548,000), based on AED 1,244 per sq ft from registered sales up to 10 Sep 2026.

When did unit 617 last sell?

13 Feb 2020, for AED 435,830 (off-plan). It has 1 registered sale.

What rent can unit 617 make?

A studio in MAG 510 rents for about AED 38,950 a year (median asking rent). That is a gross yield of 7.2% on the estimate.

Sales alert for MAG 510All sales in MAG 510

Unit 616