MAG 510

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by MAG
132
Total Units
132
Sold
AED 435,400
Median Price
AED 930
Median Price /sqft
Construction progress: 100%
Start: Aug, 2015Completion: Feb, 2020

MAG 510 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio60350 sqft - 440 sqftAED 0.5M (1,250 /sqft)AED 1,750 /sqft
-28.33
1 Bed60480 sqft - 660 sqftAED 0.6M (1,180 /sqft)AED 1,580 /sqft
-25.54
2 Beds12670 sqft - 670 sqftAED 0.7M (1,090 /sqft)AED 1,520 /sqft
-28.31

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment656 sqft7.6 sqft 1AED 498,000AED 759 /sqft 23, Sep 2019
1Apartment628 sqft9.46 sqft 1AED 480,000AED 764 /sqft 09, Jun 2019
1Apartment622 sqft12.03 sqft 1AED 465,000AED 748 /sqft 15, Jan 2024
1Apartment478 sqft5.6 sqft 1AED 458,720AED 960 /sqft 16, Jul 2019
1Apartment514 sqft5.35 sqft 1AED 448,000AED 872 /sqft 06, Feb 2020
1Apartment483 sqft0 sqft 1AED 436,000AED 903 /sqft 08, Mar 2018
1Apartment638 sqft12.03 sqft 1AED 400,000AED 627 /sqft 25, Jul 2022
1Apartment478 sqft5.6 sqft 1AED 343,100AED 718 /sqft 20, Dec 2021
1Apartment483 sqft0 sqft 1AED 340,000AED 704 /sqft 24, Mar 2022
1Apartment514 sqft5.35 sqft 1AED 320,000AED 623 /sqft 16, Aug 2022
2Apartment667 sqft11.89 sqft 1AED 725,000AED 1,087 /sqft 10, Sep 2026
2Apartment668 sqft11.87 sqft 1AED 396,000AED 593 /sqft 28, Dec 2021
StudioApartment437 sqft6.66 sqft 1AED 475,000AED 1,087 /sqft 20, Mar 2025
StudioApartment437 sqft6.66 sqft 1AED 415,000AED 952 /sqft 31, Jul 2019
StudioApartment365 sqft0 sqft 1AED 407,000AED 1,115 /sqft 01, Sep 2025

MAG 510 Real Estate Data – FAQ

  • What is the current property supply in MAG 510?

    MAG 510 has a total residential supply of approximately 23 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in MAG 510?

    MAG 510 recorded 7 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in MAG 510?

    The median transaction price in MAG 510 is AED 1,190 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in MAG 510?

    The gross rental yield in MAG 510 is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in MAG 510?

    Property prices in MAG 510 have shown a capital appreciation of 16% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in MAG 510?

    There are currently 0 active off-plan projects in MAG 510, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in MAG 510?

    The total off-plan pipeline in MAG 510 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is MAG 510 a good area for property investment?

    MAG 510 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In MAG 510, this is %, indicating relatively strong income performance compared to global markets.

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