Unit 302, MAG 520: what it sold for and what it is worth now

Unit 302 at MAG 520 is a studio of 387 sq ft. It last sold for AED 310,000 on 8 Jun 2023. At AED 1,288 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 498,000 today.

Value todayAED 498,000AED 497,000 to AED 545,000
Last saleAED 310,0008 Jun 2023 · Resale
Change since last sale+60.6%Building trend alone: AED 493,751
Rent (median asking, studio)AED 40,950Gross yield 8.2%
Bedroomsstudio
Size387 sq ft
Floor3 (from the unit number)
Position in the towerStack 02: units ending 02 share the same layout and view
BuildingMAG 520 by MAG Property Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 302

DatePriceSizeAED/sq ftType
8 Jun 2023AED 310,000387 sq ft801Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1021 Apr 2021AED 255,944387 sq ft661Resale

Latest studio sales in MAG 520

UnitDatePriceSizeAED/sq ftType
60315 Jul 2026AED 470,000365 sq ft1,288Resale
6077 Apr 2026AED 499,000389 sq ft1,283Resale
20827 Feb 2026AED 530,000347 sq ft1,527Resale
30310 Feb 2025AED 420,000365 sq ft1,151Resale
6038 Nov 2024AED 390,000365 sq ft1,068Resale
11725 Sep 2024AED 412,000437 sq ft943Resale
32212 Jul 2024AED 388,000360 sq ft1,078Resale
3214 Jul 2024AED 400,000360 sq ft1,111Resale

How we worked out the value

We took the 3 sales in MAG 520 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,288). We multiplied it by the size of this unit (387 sq ft). The range uses the middle half of those sales (AED 1,285 to AED 1,408 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 493,751. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 302 at MAG 520 worth?

About AED 498,000 (range AED 497,000 to AED 545,000), based on AED 1,288 per sq ft from registered sales up to 7 Aug 2026.

When did unit 302 last sell?

8 Jun 2023, for AED 310,000 (resale). It has 1 registered sale.

What rent can unit 302 make?

A studio in MAG 520 rents for about AED 40,950 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for MAG 520All sales in MAG 520

Unit 219 · Unit 303