Unit 509, MAG 530: what it sold for and what it is worth now

Unit 509 at MAG 530 is a 1 bed of 639 sq ft. It last sold for AED 495,000 on 11 Oct 2023. At AED 1,042 per sq ft, from 8 sales in the building in the last 12 months (1 bed), it is worth about AED 666,000 today.

Value todayAED 666,000AED 637,000 to AED 701,000
Last saleAED 495,00011 Oct 2023 · Resale
Change since last sale+34.5%Building trend alone: AED 672,026
Rent (median asking, 1 bed)AED 57,500Gross yield 8.6%
Bedrooms1 bed
Size639 sq ft
Floor5 (from the unit number)
Position in the towerStack 09: units ending 09 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 509

DatePriceSizeAED/sq ftType
11 Oct 2023AED 495,000639 sq ft775Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4096 Jun 2024AED 413,000638 sq ft647Resale
30929 May 2024AED 580,000638 sq ft909Resale
1096 Sep 2023AED 450,000638 sq ft705Resale

Latest 1 bed sales in MAG 530

UnitDatePriceSizeAED/sq ftType
60829 Dec 2025AED 745,000638 sq ft1,168Resale
61520 Aug 2025AED 690,000663 sq ft1,041Resale
40212 Aug 2025AED 730,000666 sq ft1,096Resale
30830 May 2025AED 700,000638 sq ft1,097Resale
4108 May 2025AED 625,000638 sq ft980Resale
31227 Mar 2025AED 625,000624 sq ft1,002Resale
61120 Mar 2025AED 650,000623 sq ft1,043Resale
11513 Mar 2025AED 630,000663 sq ft950Resale

How we worked out the value

We took the 8 sales in MAG 530 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,042). We multiplied it by the size of this unit (639 sq ft). The range uses the middle half of those sales (AED 996 to AED 1,096 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 672,026. 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 509 at MAG 530 worth?

About AED 666,000 (range AED 637,000 to AED 701,000), based on AED 1,042 per sq ft from registered sales up to 10 Mar 2026.

When did unit 509 last sell?

11 Oct 2023, for AED 495,000 (resale). It has 1 registered sale.

What rent can unit 509 make?

A 1 bed in MAG 530 rents for about AED 57,500 a year (median asking rent). That is a gross yield of 8.6% on the estimate.

Sales alert for MAG 530All sales in MAG 530

Unit 505 · Unit 510