Unit 308, MAG 520: what it sold for and what it is worth now

Unit 308 at MAG 520 is a studio of 347 sq ft. It last sold for AED 280,000 on 15 Aug 2022. At AED 1,288 per sq ft, from 3 sales in the building in the last 12 months (studio), it is worth about AED 447,000 today.

Value todayAED 447,000AED 446,000 to AED 488,000
Last saleAED 280,00015 Aug 2022 · Resale
Change since last sale+59.6% 
Rent (median asking, studio)AED 40,950Gross yield 9.2%
Bedroomsstudio
Size347 sq ft
Floor3 (from the unit number)
Position in the towerStack 08: units ending 08 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 308

DatePriceSizeAED/sq ftType
15 Aug 2022AED 280,000347 sq ft807Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20827 Feb 2026AED 530,000347 sq ft1,527Resale
20815 Nov 2023AED 385,000347 sq ft1,110Resale
20810 May 2023AED 275,000347 sq ft793Resale

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 (347 sq ft). The range uses the middle half of those sales (AED 1,285 to AED 1,408 per sq ft). 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 308 at MAG 520 worth?

About AED 447,000 (range AED 446,000 to AED 488,000), based on AED 1,288 per sq ft from registered sales up to 7 Aug 2026.

When did unit 308 last sell?

15 Aug 2022, for AED 280,000 (resale). It has 1 registered sale.

What rent can unit 308 make?

A studio in MAG 520 rents for about AED 40,950 a year (median asking rent). That is a gross yield of 9.2% on the estimate.

Sales alert for MAG 520All sales in MAG 520

Unit 303 · Unit 309