Unit 207, MAG 530: what it sold for and what it is worth now

Unit 207 at MAG 530 is a studio of 473 sq ft. It last sold for AED 270,000 on 24 Mar 2021. At AED 1,045 per sq ft, from 14 sales in the building in the last 12 months, it is worth about AED 494,000 today.

Value todayAED 494,000AED 466,000 to AED 532,000
Last saleAED 270,00024 Mar 2021 · Resale
Change since last sale+83.0% 
Rent (median asking, studio)AED 55,000Gross yield 11.1%
Bedroomsstudio
Size473 sq ft
Floor2 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingMAG 530 by MAG Property Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 207

DatePriceSizeAED/sq ftType
24 Mar 2021AED 270,000473 sq ft571Resale

Latest studio sales in MAG 530

UnitDatePriceSizeAED/sq ftType
50318 Dec 2025AED 540,000476 sq ft1,134Resale
50327 Sep 2024AED 455,000476 sq ft956Resale
50327 Sep 2023AED 335,000476 sq ft704Resale
3034 Jul 2023AED 320,000476 sq ft672Resale

How we worked out the value

We took the 14 sales in MAG 530 in the last 12 months, worked out the price per sq ft of each, and used the middle value (AED 1,045). We multiplied it by the size of this unit (473 sq ft). The range uses the middle half of those sales (AED 985 to AED 1,125 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 10 Mar 2026, from the Dubai Land Department register.

Questions

What is unit 207 at MAG 530 worth?

About AED 494,000 (range AED 466,000 to AED 532,000), based on AED 1,045 per sq ft from registered sales up to 10 Mar 2026.

When did unit 207 last sell?

24 Mar 2021, for AED 270,000 (resale). It has 1 registered sale.

What rent can unit 207 make?

A studio in MAG 530 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 11.1% on the estimate.

Sales alert for MAG 530All sales in MAG 530

Unit 115 · Unit 213