Unit 611, MAG 530: what it sold for and what it is worth now

Unit 611 at MAG 530 is a 1 bed of 623 sq ft. It last sold for AED 650,000 on 20 Mar 2025. 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 649,000 today.

Value todayAED 649,000AED 621,000 to AED 683,000
Last saleAED 650,00020 Mar 2025 · Resale
Change since last sale-0.2%Building trend alone: AED 681,286
Rent (median asking, 1 bed)AED 57,500Gross yield 8.9%
Bedrooms1 bed
Size623 sq ft
Floor6 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingMAG 530 by MAG Property Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 611

DatePriceSizeAED/sq ftType
20 Mar 2025AED 650,000623 sq ft1,043Resale
11 Sep 2024AED 520,000623 sq ft835Resale

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
11513 Mar 2025AED 630,000663 sq ft950Resale
51220 Dec 2024AED 570,000624 sq ft913Resale

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 (623 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 681,286. 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 611 at MAG 530 worth?

About AED 649,000 (range AED 621,000 to AED 683,000), based on AED 1,042 per sq ft from registered sales up to 10 Mar 2026.

When did unit 611 last sell?

20 Mar 2025, for AED 650,000 (resale). It has 2 registered sales.

What rent can unit 611 make?

A 1 bed in MAG 530 rents for about AED 57,500 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

Sales alert for MAG 530All sales in MAG 530

Unit 608 · Unit 615