Unit 106, MAG 560: what it sold for and what it is worth now

Unit 106 at MAG 560 is a 1 bed of 483 sq ft. It last sold for AED 358,197 on 30 Dec 2020. At AED 982 per sq ft, from 9 sales in the building in the last 24 months (1 bed), it is worth about AED 474,000 today.

Value todayAED 474,000AED 465,000 to AED 515,000
Last saleAED 358,19730 Dec 2020 · Resale
Change since last sale+32.3% 
Rent (median asking, 1 bed)AED 52,500Gross yield 11.1%
Bedrooms1 bed
Size483 sq ft
Floor1 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingMAG 560 by MAG Property Development, handed over 2016
Registered sales of this unit1

Every registered sale of unit 106

DatePriceSizeAED/sq ftType
30 Dec 2020AED 358,197483 sq ft742Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20629 Jul 2024AED 475,000483 sq ft983Resale

Latest 1 bed sales in MAG 560

UnitDatePriceSizeAED/sq ftType
3145 Feb 2026AED 715,000638 sq ft1,121Resale
21417 Nov 2025AED 620,000638 sq ft972Resale
31212 May 2025AED 700,000656 sq ft1,067Resale
31220 Feb 2025AED 644,215656 sq ft982Resale
21214 Jan 2025AED 580,000656 sq ft884Resale
11413 Dec 2024AED 580,000638 sq ft909Resale
51127 Sep 2024AED 520,000483 sq ft1,077Resale
20629 Jul 2024AED 475,000483 sq ft983Resale

How we worked out the value

We took the 9 sales in MAG 560 in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 982). We multiplied it by the size of this unit (483 sq ft). The range uses the middle half of those sales (AED 962 to AED 1,067 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 10 Jun 2026, from the Dubai Land Department register.

Questions

What is unit 106 at MAG 560 worth?

About AED 474,000 (range AED 465,000 to AED 515,000), based on AED 982 per sq ft from registered sales up to 10 Jun 2026.

When did unit 106 last sell?

30 Dec 2020, for AED 358,197 (resale). It has 1 registered sale.

What rent can unit 106 make?

A 1 bed in MAG 560 rents for about AED 52,500 a year (median asking rent). That is a gross yield of 11.1% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 105 · Unit 108