Unit 419, MAG 515: what it sold for and what it is worth now

Unit 419 at MAG 515 is a 1 bed of 514 sq ft. It last sold for AED 550,000 on 30 Aug 2024. At AED 1,070 per sq ft, from 3 sales of units ending 19 (same position in the tower), it is worth about AED 550,000 today.

Value todayAED 550,000AED 525,000 to AED 550,000
Last saleAED 550,00030 Aug 2024 · Resale
Change since last sale+0.0%Building trend alone: AED 604,730
Rent (median asking, 1 bed)AED 51,900Gross yield 9.4%
Bedrooms1 bed
Size514 sq ft
Floor4 (from the unit number)
Position in the towerStack 19: units ending 19 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 419

DatePriceSizeAED/sq ftType
30 Aug 2024AED 550,000514 sq ft1,070Resale

Units ending 19 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
51916 May 2025AED 550,000514 sq ft1,070Resale
11916 Dec 2024AED 499,990514 sq ft973Resale
51921 Nov 2023AED 477,090514 sq ft928Resale

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
32019 Mar 2025AED 615,000514 sq ft1,196Resale
50921 Feb 2025AED 560,000478 sq ft1,172Resale
40931 Jan 2025AED 515,000478 sq ft1,077Resale

How we worked out the value

We took the 3 resale sales of units ending 19 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,070). We multiplied it by the size of this unit (514 sq ft). The range uses the middle half of those sales (AED 1,021 to AED 1,070 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 604,730. 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 419 at MAG 515 worth?

About AED 550,000 (range AED 525,000 to AED 550,000), based on AED 1,070 per sq ft from registered sales up to 19 Aug 2026.

When did unit 419 last sell?

30 Aug 2024, for AED 550,000 (resale). It has 1 registered sale.

What rent can unit 419 make?

A 1 bed in MAG 515 rents for about AED 51,900 a year (median asking rent). That is a gross yield of 9.4% on the estimate.

Sales alert for MAG 515All sales in MAG 515

Unit 418 · Unit 421