Ag doping in (RE)Ba2Cu3O7−δ [(RE)BCO] bulk high-temperature superconductors has been recognized as an effective way to improve the mechanical and superconducting properties of REBCO bulk superconductors for practical applications such as high-temperature superconducting (HTS) Maglev. Ag2O nanoparticles doped YBCO samples with different doping amounts (x, x varies from 0∼0.5 wt%) were fabricated by Top-Seeded Melt-Growth method (TSMG). The samples’ steady-state thermal conductivity (λ) and the magnetic levitation force (FL) were measured by a testing platform under a similar condition to the HTS Maglev system. The effects of Ag2O doping on the λ and FL of single domain YBCO bulks have been systematically studied. The λ of the c-axis and the ab-plane were calculated through the steady-state heat flow method. We observed that λ increases distinctly when x ≥0.3 wt%. The doping amount of 0.3 wt% has been evidenced to be the optimal value, of which the λ of the c-axis and ab-plane are approximately 52% and 48% higher than the undoped one respectively. According to the results of the FL measurement, we found FL will increase while the relaxation rate of the FL will decrease by adding trace amounts of Ag2O nanoparticles in comparison to the undoped sample. This observation suggests that Ag-doping is an effective way to enhance thermal conductivity as well as the superconducting properties of YBCO superconductors for practical applications.