516, Mag 930
Sold prices and rental history: sold twice, last in June 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Mag 930
What is 516 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- MAG
- Completed
- 2023
- Last sold
- AED 700K · June 2024
- Building
- Mag 930
About 516, Mag 930
516 is a studio of 418 sqft on the 5th floor of Mag 930, a 8-storey tower in District Seven completed in 2023 by MAG. It last sold on 7 June 2024 for AED 700,000, or AED 1,674 per sqft, 14% above the AED 1,466 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 October 2025. The current contract, signed on 15 October 2025, is AED 60,000 a year: a gross yield of 8.6% on the 2024 price.
Sales and rents for 516 over time
516 has sold twice; the dashed line is the studio median of each year in the building.
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 516 sits
All 104 studios →516 last sold in June 2024 at AED 1,674 per sqft, 14% above what studios in Mag 930 were fetching at the time (AED 1,466). 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. 516's AED 60,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 416 sqft | 688,000 | 1,653 | ||
| 2 Oct 20262 October 2026 | 416 sqft | 725,000 | 1,741 | ||
| 27 Jul 202627 July 2026 | 416 sqft | 58,329 | 140 | ||
| 23 Jul 202623 July 2026 | 416 sqft | 730,000 | 1,754 |
Mag 930
Building128 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%
Other units on the 5th floor
All 128 units in Mag 930| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 429 sqft | AED 518KAED 518,000 · Feb 2021February 2021 | ||
| 502 | Studio | 471 sqft | AED 543KAED 543,200 · Jan 2021January 2021 | ||
| 503 | Studio | 437 sqft | AED 570KAED 570,000 · Aug 2023August 2023 | ||
| 504 | Studio | 398 sqft | AED 460KAED 460,360 · Jan 2021January 2021 | 60,000 /yr | |
| 505 | Studio | 412 sqft | AED 675KAED 675,000 · Feb 2025February 2025 | 50,000 /yr | |
| 506 | Studio | 417 sqft | AED 518KAED 517,830 · Jan 2021January 2021 | ||
| 507 | Studio | 417 sqft | AED 493KAED 493,000 · Apr 2021April 2021 | 50,000 /yr | |
| 508 | Studio | 418 sqft | AED 720KAED 720,000 · Dec 2024December 2024 | 53,000 /yr | |
| 509 | Studio | 417 sqft | AED 518KAED 517,830 · Feb 2021February 2021 | 48,000 /yr | |
| 510 | Studio | 397 sqft | AED 772KAED 772,200 · Jun 2024June 2024 | 50,000 /yr | |
| 511 | Studio | 197 sqft | AED 380KAED 380,000 · Jan 2021January 2021 | 51,371 /yr | |
| 512 | 1-bed | 802 sqft | AED 799KAED 799,000 · Sep 2021September 2021 | 82,000 /yr | |
| 513 | 1-bed | 751 sqft | AED 1.4MAED 1,400,000 · Jul 2025July 2025 | ||
| 514 | 1-bed | 793 sqft | AED 1.4MAED 1,400,000 · Nov 2024November 2024 | ||
| 515 | Studio | 414 sqft | AED 760KAED 760,000 · Jun 2025June 2025 | 55,200 /yr |
516, Mag 930 in numbers
- Sold twice: first on 11 January 2021 for AED 523,149, last on 7 June 2024 for AED 700,000 (AED 1,674 per sqft).
- Rented since October 2025 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2024 price is 8.6%.
- 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 October 2025.
Questions about 516, Mag 930
What did unit 516 last sell for?
AED 700,000 on 7 June 2024: AED 1,674 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 523,149 in January 2021.
What is the rent for unit 516?
AED 60,000 a year on the contract signed on 15 October 2025.
How big is unit 516?
418 sqft (38.8 sqm): a studio on the 5th floor of a 8-storey tower completed in 2023.
What is unit 516 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.
Selling 516? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 516, Mag 930
Starts from the last sale price (AED 700K, 7 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →