Unit 602, MAG 530: what it sold for and what it is worth now

Unit 602 at MAG 530 is a 1 bed of 667 sq ft. It last sold for AED 450,000 on 16 Mar 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 695,000 today.

Value todayAED 695,000AED 664,000 to AED 731,000
Last saleAED 450,00016 Mar 2023 · Resale
Change since last sale+54.4%Building trend alone: AED 657,415
Rent (median asking, 1 bed)AED 57,500Gross yield 8.3%
Bedrooms1 bed
Size667 sq ft
Floor6 (from the unit number)
Position in the towerStack 02: units ending 02 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 602

DatePriceSizeAED/sq ftType
16 Mar 2023AED 450,000667 sq ft675Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40212 Aug 2025AED 730,000666 sq ft1,096Resale

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 (667 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 657,415. 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 602 at MAG 530 worth?

About AED 695,000 (range AED 664,000 to AED 731,000), based on AED 1,042 per sq ft from registered sales up to 10 Mar 2026.

When did unit 602 last sell?

16 Mar 2023, for AED 450,000 (resale). It has 1 registered sale.

What rent can unit 602 make?

A 1 bed in MAG 530 rents for about AED 57,500 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for MAG 530All sales in MAG 530

Unit 601 · Unit 605