Studio · 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 since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 15 June 2026
Last soldAED 380K13 January 2021
Current rentAED 51K /yr15 June 2026
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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15 Jun 2026RentedNew contract
AED 51,371/yr8 months · AED 130 per sqft
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 15 June 2026.

Key facts

Type
Studio 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 a studio 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, 22% below the AED 1,227 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 15 June 2026, is AED 51,371 a year: a gross yield of 13.5% on the 2021 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical studio in Mag 930
400K600K800K2020202220242026Typical 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, January 2021: AED 380,000 (AED 957 per sqft)

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

Rents
Unit 511, each contractTypical studio in Mag 930
52K54K2024202520262027Typical rent by year: 2024 AED 55,000; 2025 AED 55,000; 2026 AED 53,928New contract, October 2024: AED 55,000 a yearNew contract, June 2026: AED 51,371 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 511 sits

All 104 studios →

511 last sold in January 2021 at AED 957 per sqft, 22% below what studios in Mag 930 were fetching at the time (AED 1,227). 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. 511's AED 51,371 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

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 2 Ejari contracts, from AED 55,000 to AED 51,371 a year.
  • At AED 51,371 a year the gross yield on the 2021 price is 13.5%.
  • 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 15 June 2026.

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 51,371 a year on the contract signed on 15 June 2026. The previous contract, from October 2024, was AED 55,000.

How big is unit 511?

197 sqft (18.3 sqm): a studio 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. 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 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 →