Studio · 417 sqftMag 930, District Seven · 5th floor · completed 2023

509, Mag 930

Sold prices and rental history: sold once, by the developer in February 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 509 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 518K3 February 2021
Current rentAED 48K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Mag 930

What is 509 worth today?

Last sold for AED 517,830 in 2021

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1 Oct 2024RentedNew contract
AED 48,000/yr12 months · AED 115 per sqft
3 Feb 2021Sold by developerOff-plan
AED 517,830AED 1,242 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
5th of 8
Parking
1
Developer
MAG
Completed
2023
Last sold
AED 518K · February 2021
Building
Mag 930

About 509, Mag 930

509 is a studio of 417 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 3 February 2021 for AED 517,830, or AED 1,242 per sqft, in line with the AED 1,225 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 48,000 a year: a gross yield of 9.3% on the 2021 price.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical studio in Mag 930
600K2020202220242026Typical sale price by year: 2020 AED 524,000; 2021 AED 514,040; 2022 AED 545,937; 2023 AED 580,000; 2024 AED 677,500; 2025 AED 747,000; 2026 AED 727,500Sold by developer, February 2021: AED 517,830 (AED 1,242 per sqft)

509 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 509, each contractTypical studio in Mag 930
50K55K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,928New contract, October 2024: AED 48,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Mag 930, and where 509 sits

All 104 studios →

509 last sold in February 2021 at AED 1,242 per sqft, in line with what studios in Mag 930 were fetching at the time (AED 1,225). Over the last 12 months studios sold for AED 688,000 to 855,000, around AED 1,785 per sqft, and rent for AED 42,000 to 85,000 a year. 509's AED 48,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Oct 2026688,000
2 Oct 2026725,000
27 Jul 202658,329
23 Jul 2026730,000
7 studio sales in the last 12 months

Mag 930

Building

128 apartments, studios to 1-bed over 8 floors in District Seven, completed in 2023 by MAG. 7 sold in the last 12 months.

Typical price per sqft
AED 1,785
Typical sale
AED 748K
Typical rent
AED 55K /yr
Typical yield
7.2%
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

509, Mag 930 in numbers

  • Sold once: by MAG on 3 February 2021 for AED 517,830, or AED 1,242 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2021 price is 9.3%.
  • Studios in Mag 930 sold for AED 688,000–855,000 in the 12 months to November 2026; the building's median across all types is AED 1,785 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 509, Mag 930

What did unit 509 last sell for?

AED 517,830 on 3 February 2021, sold by the developer: AED 1,242 per sqft for 417 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 48,000 a year on the contract signed on 1 October 2024.

How big is unit 509?

417 sqft (38.7 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Mag 930 sold for AED 688,000 to 855,000 in the last 12 months, around AED 1,785 per sqft.

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Mortgage on 509, Mag 930

Starts from the last sale price (AED 518K, 3 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 517,830
Deposit, UAE resident (20%)
AED 103,566
Deposit, non-resident (40%)
AED 207,132
Monthly over 25 years at 3.7%
AED 2,119

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