Unit 114, MAG 560: what it sold for and what it is worth now

Unit 114 at MAG 560 is a 1 bed of 638 sq ft. It last sold for AED 580,000 on 13 Dec 2024. At AED 972 per sq ft, from 3 sales of units ending 14 (same position in the tower), it is worth about AED 620,000 today.

Value todayAED 620,000AED 600,000 to AED 668,000
Last saleAED 580,00013 Dec 2024 · Resale
Change since last sale+6.9%Building trend alone: AED 647,777
Rent (median asking, 1 bed)AED 52,500Gross yield 8.5%
Bedrooms1 bed
Size638 sq ft
Floor1 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingMAG 560 by MAG Property Development, handed over 2016
Registered sales of this unit3

Every registered sale of unit 114

DatePriceSizeAED/sq ftType
13 Dec 2024AED 580,000638 sq ft909Resale
24 May 2024AED 400,000638 sq ft627Resale
10 Oct 2022AED 455,485638 sq ft714Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
3145 Feb 2026AED 715,000638 sq ft1,121Resale
21417 Nov 2025AED 620,000638 sq ft972Resale
21414 Oct 2022AED 432,246638 sq ft678Resale

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
51127 Sep 2024AED 520,000483 sq ft1,077Resale
20629 Jul 2024AED 475,000483 sq ft983Resale
10917 Jul 2024AED 460,000478 sq ft962Resale

How we worked out the value

We took the 3 resale sales of units ending 14 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 972). We multiplied it by the size of this unit (638 sq ft). The range uses the middle half of those sales (AED 940 to AED 1,046 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 647,777. 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 114 at MAG 560 worth?

About AED 620,000 (range AED 600,000 to AED 668,000), based on AED 972 per sq ft from registered sales up to 10 Jun 2026.

When did unit 114 last sell?

13 Dec 2024, for AED 580,000 (resale). It has 3 registered sales.

What rent can unit 114 make?

A 1 bed in MAG 560 rents for about AED 52,500 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 113 · Unit 117