Unit 519, MAG 515: what it sold for and what it is worth now

Unit 519 at MAG 515 is a 1 bed of 514 sq ft. It last sold for AED 550,000 on 16 May 2025. 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 550,00016 May 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 578,932
Rent (median asking, 1 bed)AED 51,900Gross yield 9.4%
Bedrooms1 bed
Size514 sq ft
Floor5 (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 unit2

Every registered sale of unit 519

DatePriceSizeAED/sq ftType
16 May 2025AED 550,000514 sq ft1,070Resale
21 Nov 2023AED 477,090514 sq ft928Resale

Units ending 19 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11916 Dec 2024AED 499,990514 sq ft973Resale
41930 Aug 2024AED 550,000514 sq ft1,070Resale

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
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
60920 Jan 2025AED 410,000478 sq ft858Resale

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 578,932. 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 519 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 519 last sell?

16 May 2025, for AED 550,000 (resale). It has 2 registered sales.

What rent can unit 519 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 517 · Unit 522