MAG 520

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
131
Sold
AED 406,000
Median Price
AED 880
Median Price /sqft
Construction progress: 100%
Start: Aug, 2015Completion: Feb, 2020

MAG 520 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 (1,290 /sqft)AED 1,750 /sqft
-26.36
1 Bed60480 sqft - 660 sqftAED 0.6M (1,170 /sqft)AED 1,580 /sqft
-26.34
2 Beds12670 sqft - 670 sqftAED 0.7M (1,060 /sqft)AED 1,520 /sqft
-30.24

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
2Apartment, 4104667 sqft11.92 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment478 sqft5.6 sqft 1AED 590,000AED 1,234 /sqft 07, Jan 2026
1Apartment638 sqft12.03 sqft 1AED 518,785AED 816 /sqft 10, Jun 2019
1Apartment622 sqft12.03 sqft 1AED 518,750AED 834 /sqft 09, Aug 2020
1Apartment483 sqft0 sqft 1AED 490,000AED 1,014 /sqft 26, Feb 2020
1Apartment514 sqft5.35 sqft 1AED 490,000AED 953 /sqft 14, May 2024
1Apartment656 sqft7.6 sqft 1AED 480,000AED 732 /sqft 03, Mar 2019
1Apartment628 sqft9.46 sqft 1AED 449,174AED 715 /sqft 28, Feb 2023
1Apartment514 sqft5.35 sqft 1AED 356,720AED 694 /sqft 09, Aug 2021
1Apartment478 sqft5.6 sqft 1AED 353,100AED 739 /sqft 31, Oct 2021
1Apartment483 sqft0 sqft 1AED 181,500AED 753 /sqft 23, May 2023
2Apartment667 sqft11.92 sqft 1AED 497,000AED 746 /sqft 17, Apr 2019
2Apartment669 sqft11.91 sqft 1AED 400,000AED 598 /sqft 17, Mar 2020
StudioApartment437 sqft6.66 sqft 1AED 412,000AED 943 /sqft 25, Sep 2024
StudioApartment437 sqft6.66 sqft 1AED 406,000AED 929 /sqft 03, Mar 2019
StudioApartment410 sqft5.35 sqft 1AED 380,000AED 929 /sqft 22, May 2019

MAG 520 Real Estate Data – FAQ

  • What is the current property supply in MAG 520?

    MAG 520 has a total residential supply of approximately 35 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in MAG 520?

    MAG 520 recorded 9 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 520?

    The median transaction price in MAG 520 is AED 1,230 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in MAG 520?

    The gross rental yield in MAG 520 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 520?

    Property prices in MAG 520 have shown a capital appreciation of 0% 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 520?

    There are currently 0 active off-plan projects in MAG 520, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in MAG 520?

    The total off-plan pipeline in MAG 520 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is MAG 520 a good area for property investment?

    MAG 520 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 520, this is %, indicating relatively strong income performance compared to global markets.

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