197 sqftMag 930, District Seven · 5th floor · completed 2023

511, Mag 930

Sold prices and rental history: sold once, by the developer in January 2021, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 380K13 January 2021
Current rentAED 55K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Mag 930

What is 511 worth today?

Last sold for AED 380,000 in 2021

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1 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 140 per sqft
13 Jan 2021Sold by developerOff-plan
AED 380,000AED 957 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Apartment
Size
197 sqft
Floor
5th of 8
Parking
G-75
Developer
MAG
Completed
2023
Last sold
AED 380K · January 2021
Building
Mag 930

About 511, Mag 930

511 is an apartment of 197 sqft on the 5th floor of Mag 930, a 8-storey tower in District Seven completed in 2023 by MAG. The developer sold it on 13 January 2021 for AED 380,000, or AED 957 per sqft.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 55,000 a year: a gross yield of 14.5% on the 2021 price.

Mag 930

Building

128 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 3 sold in the last 12 months.

Typical price per sqft
AED 1,921
Typical sale
AED 800K
Typical rent
AED 60K /yr
Typical yield
7.3%
Mag 930, District Seven: prices, sales and rents →

Other units on the 5th floor

All 128 units in Mag 930
Value
501StudioAED 518K · Feb 2021
502StudioAED 543K · Jan 2021
503StudioAED 570K · Aug 2023
504StudioAED 460K · Jan 2021
505StudioAED 675K · Feb 2025
506StudioAED 518K · Jan 2021
507StudioAED 493K · Apr 2021
1–7 of 15

511, Mag 930 in numbers

  • Sold once: by MAG on 13 January 2021 for AED 380,000, or AED 957 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2021 price is 14.5%.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 511, Mag 930

What did unit 511 last sell for?

AED 380,000 on 13 January 2021, sold by the developer: AED 957 per sqft for 197 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 55,000 a year on the contract signed on 1 October 2024.

How big is unit 511?

197 sqft (18.3 sqm): an apartment on the 5th floor of a 8-storey tower completed in 2023.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 511, Mag 930

Starts from the last sale price (AED 380K, 13 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →