Unit 406, MAG 520: what it sold for and what it is worth now

Unit 406 at MAG 520 is a 1 bed of 483 sq ft. It last sold for AED 400,000 on 18 Sep 2023. At AED 1,167 per sq ft, from 5 sales in the building in the last 12 months (1 bed), it is worth about AED 564,000 today.

Value todayAED 564,000AED 520,000 to AED 596,000
Last saleAED 400,00018 Sep 2023 · Resale
Change since last sale+41.0%Building trend alone: AED 622,990
Rent (median asking, 1 bed)AED 51,900Gross yield 9.2%
Bedrooms1 bed
Size483 sq ft
Floor4 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingMAG 520 by MAG Property Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 406

DatePriceSizeAED/sq ftType
18 Sep 2023AED 400,000483 sq ft828Resale
5 Mar 2020AED 430,000483 sq ft890Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10621 Oct 2020AED 499,000483 sq ft1,033Resale
60621 Jun 2020AED 600,000483 sq ft1,242Resale

Latest 1 bed sales in MAG 520

UnitDatePriceSizeAED/sq ftType
2137 Aug 2026AED 670,000622 sq ft1,077Resale
42023 Jun 2026AED 600,000514 sq ft1,167Resale
20924 Apr 2026AED 500,000478 sq ft1,046Resale
30923 Jan 2026AED 590,000478 sq ft1,234Resale
1097 Jan 2026AED 590,000478 sq ft1,234Resale
41223 Jun 2025AED 680,000656 sq ft1,037Resale
42013 May 2025AED 393,022514 sq ft765Resale
31224 Mar 2025AED 600,000656 sq ft915Resale

How we worked out the value

We took the 5 sales in MAG 520 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,167). We multiplied it by the size of this unit (483 sq ft). The range uses the middle half of those sales (AED 1,077 to AED 1,234 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 622,990. 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 406 at MAG 520 worth?

About AED 564,000 (range AED 520,000 to AED 596,000), based on AED 1,167 per sq ft from registered sales up to 7 Aug 2026.

When did unit 406 last sell?

18 Sep 2023, for AED 400,000 (resale). It has 2 registered sales.

What rent can unit 406 make?

A 1 bed in MAG 520 rents for about AED 51,900 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 404 · Unit 411