Unit 320, MAG 515: what it sold for and what it is worth now

Unit 320 at MAG 515 is a 1 bed of 514 sq ft. It last sold for AED 615,000 on 19 Mar 2025. At AED 1,037 per sq ft, from 3 sales in the building in the last 12 months (1 bed), it is worth about AED 533,000 today.

Value todayAED 533,000AED 512,000 to AED 580,000
Last saleAED 615,00019 Mar 2025 · Resale
Change since last sale-13.3%Building trend alone: AED 647,474
Rent (median asking, 1 bed)AED 51,900Gross yield 9.7%
Bedrooms1 bed
Size514 sq ft
Floor3 (from the unit number)
Position in the towerStack 20: units ending 20 share the same layout and view
BuildingMAG 515 by MAG Property Development, handed over 2023
Registered sales of this unit1

Every registered sale of unit 320

DatePriceSizeAED/sq ftType
19 Mar 2025AED 615,000514 sq ft1,196Resale

Latest 1 bed sales in MAG 515

UnitDatePriceSizeAED/sq ftType
31112 Aug 2026AED 590,000483 sq ft1,222Resale
60118 May 2026AED 600,000629 sq ft954Resale
11316 Sep 2025AED 645,000622 sq ft1,037Resale
51916 May 2025AED 550,000514 sq ft1,070Resale
30928 Apr 2025AED 540,000478 sq ft1,130Resale
50921 Feb 2025AED 560,000478 sq ft1,172Resale
40931 Jan 2025AED 515,000478 sq ft1,077Resale
60920 Jan 2025AED 410,000478 sq ft858Resale

How we worked out the value

We took the 3 sales in MAG 515 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,037). We multiplied it by the size of this unit (514 sq ft). The range uses the middle half of those sales (AED 995 to AED 1,129 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 647,474. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 320 at MAG 515 worth?

About AED 533,000 (range AED 512,000 to AED 580,000), based on AED 1,037 per sq ft from registered sales up to 19 Aug 2026.

When did unit 320 last sell?

19 Mar 2025, for AED 615,000 (resale). It has 1 registered sale.

What rent can unit 320 make?

A 1 bed in MAG 515 rents for about AED 51,900 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

Sales alert for MAG 515All sales in MAG 515

Unit 315 · Unit 401