MAG 530

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
92
Total Units
90
Sold
AED 550,000
Median Price
AED 850
Median Price /sqft
Construction progress: 100%
Start: Aug, 2015Completion: Feb, 2020

MAG 530 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

Studio12470 sqft - 480 sqftAED 0.5M (1,130 /sqft)AED 1,750 /sqft
-35.12
1 Bed66620 sqft - 670 sqftAED 0.7M (1,170 /sqft)AED 1,580 /sqft
-26.32
2 Beds121,000 sqft - 1,040 sqftAED 1.1M (1,050 /sqft)AED 1,520 /sqft
-30.99
3 Beds22,530 sqft - 2,530 sqftAED 1,510 /sqft
0

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, 10511,005 sqft6.29 sqft Check Availability
1Apartment, 5115623 sqft6.07 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment663 sqft11.62 sqft 1AED 630,000AED 950 /sqft 13, Mar 2025
1Apartment666 sqft6.56 sqft 1AED 575,555AED 864 /sqft 21, May 2017
1Apartment654 sqft5.57 sqft 1AED 570,000AED 872 /sqft 01, Nov 2017
1Apartment666 sqft6.56 sqft 1AED 565,555AED 849 /sqft 21, May 2017
1Apartment654 sqft5.57 sqft 1AED 565,000AED 864 /sqft 20, Aug 2024
1Apartment638 sqft6.57 sqft 1AED 540,555AED 847 /sqft 27, Mar 2017
1Apartment623 sqft6.07 sqft 1AED 530,000AED 851 /sqft 10, Aug 2017
1Apartment638 sqft6.57 sqft 1AED 529,000AED 829 /sqft 30, Sep 2018
1Apartment624 sqft6.07 sqft 1AED 520,000AED 833 /sqft 02, Apr 2018
1Apartment638 sqft6.11 sqft 1AED 450,000AED 705 /sqft 06, Sep 2023
1Apartment638 sqft6.33 sqft 1AED 437,000AED 685 /sqft 20, Dec 2022
2Apartment1,036 sqft10.39 sqft 1AED 800,000AED 772 /sqft 09, Aug 2024
StudioApartment476 sqft7.15 sqft 1AED 455,555AED 957 /sqft 25, Jun 2018
StudioApartment473 sqft6.89 sqft 1AED 440,000AED 930 /sqft 19, Jul 2018
1Apartment666 sqft6.56 sqft 2AED 577,777AED 868 /sqft 29, Aug 2018

MAG 530 Real Estate Data – FAQ

  • What is the current property supply in MAG 530?

    MAG 530 has a total residential supply of approximately 16 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in MAG 530?

    MAG 530 recorded 5 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 530?

    The median transaction price in MAG 530 is AED 1,130 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in MAG 530?

    The gross rental yield in MAG 530 is approximately 8%, 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 530?

    Property prices in MAG 530 have shown a capital appreciation of 37% 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 530?

    There are currently 0 active off-plan projects in MAG 530, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in MAG 530?

    The total off-plan pipeline in MAG 530 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is MAG 530 a good area for property investment?

    MAG 530 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 530, this is %, indicating relatively strong income performance compared to global markets.

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