Unit 504 at MAG 515 is a 1 bed of 478 sq ft. It last sold for AED 499,000 on 1 Nov 2023. 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 496,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 478 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 04: units ending 04 share the same layout and view |
| Building | MAG 515 by MAG Property Development, handed over 2023 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 1 Nov 2023 | AED 499,000 | 478 sq ft | 1,044 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 311 | 12 Aug 2026 | AED 590,000 | 483 sq ft | 1,222 | Resale |
| 601 | 18 May 2026 | AED 600,000 | 629 sq ft | 954 | Resale |
| 113 | 16 Sep 2025 | AED 645,000 | 622 sq ft | 1,037 | Resale |
| 519 | 16 May 2025 | AED 550,000 | 514 sq ft | 1,070 | Resale |
| 309 | 28 Apr 2025 | AED 540,000 | 478 sq ft | 1,130 | Resale |
| 320 | 19 Mar 2025 | AED 615,000 | 514 sq ft | 1,196 | Resale |
| 509 | 21 Feb 2025 | AED 560,000 | 478 sq ft | 1,172 | Resale |
| 409 | 31 Jan 2025 | AED 515,000 | 478 sq ft | 1,077 | Resale |
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 (478 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 656,810. Floor, view, condition and upgrades can move the price either way. Sales data to 19 Aug 2026, from the Dubai Land Department register.
About AED 496,000 (range AED 476,000 to AED 540,000), based on AED 1,037 per sq ft from registered sales up to 19 Aug 2026.
1 Nov 2023, for AED 499,000 (resale). It has 1 registered sale.
A 1 bed in MAG 515 rents for about AED 51,900 a year (median asking rent). That is a gross yield of 10.5% on the estimate.