Unit 522, MAG 515: what it sold for and what it is worth now

Unit 522 at MAG 515 is a studio of 360 sq ft. It last sold for AED 430,000 on 16 Jun 2025. At AED 1,201 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 432,000 today.

Value todayAED 432,000AED 412,000 to AED 456,000
Last saleAED 430,00016 Jun 2025 · Resale
Change since last sale+0.5%Building trend alone: AED 438,635
Rent (median asking, studio)AED 40,450Gross yield 9.4%
Bedroomsstudio
Size360 sq ft
Floor5 (from the unit number)
Position in the towerStack 22: units ending 22 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 522

DatePriceSizeAED/sq ftType
16 Jun 2025AED 430,000360 sq ft1,194Resale

Units ending 22 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12225 Jun 2026AED 480,000360 sq ft1,333Resale
2221 Sep 2022AED 265,000360 sq ft736Resale
2226 Jun 2022AED 250,000360 sq ft694Resale

Latest studio sales in MAG 515

UnitDatePriceSizeAED/sq ftType
21819 Aug 2026AED 475,000437 sq ft1,087Resale
12225 Jun 2026AED 480,000360 sq ft1,333Resale
41819 Aug 2025AED 525,000437 sq ft1,201Resale
40210 Jul 2025AED 460,000387 sq ft1,189Resale
4188 Jul 2025AED 410,000437 sq ft938Resale
6172 Jul 2025AED 400,000437 sq ft915Resale
3037 May 2025AED 415,000365 sq ft1,137Resale
61712 Mar 2025AED 410,000437 sq ft938Resale

How we worked out the value

We took the 3 sales in MAG 515 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,201). We multiplied it by the size of this unit (360 sq ft). The range uses the middle half of those sales (AED 1,144 to AED 1,267 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 438,635. 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 522 at MAG 515 worth?

About AED 432,000 (range AED 412,000 to AED 456,000), based on AED 1,201 per sq ft from registered sales up to 19 Aug 2026.

When did unit 522 last sell?

16 Jun 2025, for AED 430,000 (resale). It has 1 registered sale.

What rent can unit 522 make?

A studio in MAG 515 rents for about AED 40,450 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 519 · Unit 601