MAG 540

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
86
Total Units
81
Sold
AED 561,000
Median Price
AED 850
Median Price /sqft
Construction progress: 100%
Start: Aug, 2015Completion: Feb, 2020

MAG 540 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

Studio12480 sqft - 480 sqftAED 1,750 /sqft
0
1 Bed48640 sqft - 670 sqftAED 0.8M (1,190 /sqft)AED 1,580 /sqft
-25.06
2 Beds24960 sqft - 1,040 sqftAED 0.9M (990 /sqft)AED 1,520 /sqft
-34.93
3 Beds22,510 sqft - 2,510 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, 10111,039 sqft10.82 sqft Check Availability
2Apartment, 10511,004 sqft6.35 sqft Check Availability
2Apartment, 1141963 sqft10.11 sqft Check Availability
2Apartment, 60161,040 sqft10.82 sqft Check Availability
3Apartment, G-012,512 sqft106.96 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment665 sqft6.53 sqft 1AED 790,000AED 1,188 /sqft 05, Mar 2026
1Apartment638 sqft6.36 sqft 1AED 685,000AED 1,074 /sqft 02, Jun 2025
1Apartment640 sqft6.98 sqft 1AED 610,000AED 953 /sqft 06, Jun 2024
1Apartment665 sqft6.53 sqft 1AED 550,957AED 829 /sqft 07, Jun 2016
1Apartment640 sqft6.36 sqft 1AED 549,000AED 858 /sqft 08, May 2016
1Apartment636 sqft6.36 sqft 1AED 549,000AED 863 /sqft 08, May 2016
1Apartment638 sqft6.36 sqft 1AED 549,000AED 861 /sqft 07, Jun 2016
1Apartment640 sqft6.98 sqft 1AED 545,957AED 853 /sqft 07, Jun 2016
2Apartment963 sqft10.11 sqft 1AED 694,000AED 721 /sqft 04, Jun 2018
StudioApartment476 sqft7.34 sqft 1AED 380,555AED 799 /sqft 25, Jul 2016
StudioApartment476 sqft7.34 sqft 1AED 270,000AED 567 /sqft 13, Mar 2023
1Apartment665 sqft6.53 sqft 2AED 740,000AED 1,113 /sqft 25, Sep 2026
1Apartment638 sqft6.36 sqft 2AED 645,000AED 1,011 /sqft 12, Jun 2025
1Apartment638 sqft6.36 sqft 2AED 610,000AED 956 /sqft 06, Jun 2024
1Apartment636 sqft6.36 sqft 2AED 555,395AED 873 /sqft 29, May 2016

MAG 540 Real Estate Data – FAQ

  • What is the current property supply in MAG 540?

    MAG 540 has a total residential supply of approximately 13 units. This represents completed and available inventory within the area.

    #LIST_BADGE#
  • How active is the real estate market in MAG 540?

    MAG 540 recorded 5 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

    #LIST_BADGE#
  • What is the average price /sqft in MAG 540?

    The median transaction price in MAG 540 is AED 1,190 /sqft , based on actual recorded sales transactions, not listing prices.

    #LIST_BADGE#
  • What rental yield can investors expect in MAG 540?

    The gross rental yield in MAG 540 is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

    #LIST_BADGE#
  • How much have property prices increased in MAG 540?

    Property prices in MAG 540 have shown a capital appreciation of 11% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

    #LIST_BADGE#
  • How many off-plan projects are currently in MAG 540?

    There are currently 0 active off-plan projects in MAG 540, reflecting strong developer activity and future supply pipeline.

    #LIST_BADGE#
  • What is the future supply pipeline in MAG 540?

    The total off-plan pipeline in MAG 540 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

    #LIST_BADGE#
  • Is MAG 540 a good area for property investment?

    MAG 540 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.

    #LIST_BADGE#
  • 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.

    #LIST_BADGE#
  • 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.

    #LIST_BADGE#
  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In MAG 540, this is %, indicating relatively strong income performance compared to global markets.

    #LIST_BADGE#