Unit 122, MAG 560: what it sold for and what it is worth now

Unit 122 at MAG 560 is a studio of 360 sq ft. It last sold for AED 320,000 on 20 Feb 2020. At AED 1,122 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 404,000 today.

Value todayAED 404,000AED 388,000 to AED 423,000
Last saleAED 320,00020 Feb 2020 · Off-plan
Change since last sale+26.2% 
Rent (median asking, studio)AED 39,000Gross yield 9.7%
Bedroomsstudio
Size360 sq ft
Floor1 (from the unit number)
Position in the towerStack 22: units ending 22 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 122

DatePriceSizeAED/sq ftType
20 Feb 2020AED 320,000360 sq ft889Off-plan

Units ending 22 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32223 Jan 2025AED 450,000360 sq ft1,250Resale
32226 Sep 2024AED 410,000360 sq ft1,139Resale
32213 Dec 2023AED 325,000360 sq ft903Resale
6227 Jun 2023AED 300,000360 sq ft833Resale
52211 Feb 2020AED 327,750360 sq ft910Off-plan

Latest studio sales in MAG 560

UnitDatePriceSizeAED/sq ftType
41510 Jun 2026AED 430,000410 sq ft1,049Resale
2164 Dec 2025AED 495,000410 sq ft1,207Resale
51715 Sep 2025AED 465,000437 sq ft1,064Resale
51611 Aug 2025AED 460,000410 sq ft1,122Resale
12111 Aug 2025AED 430,000360 sq ft1,194Resale
51517 Jun 2025AED 460,000410 sq ft1,122Resale
6176 Feb 2025AED 420,000437 sq ft961Resale
32223 Jan 2025AED 450,000360 sq ft1,250Resale

How we worked out the value

We took the 6 sales in MAG 560 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,122). We multiplied it by the size of this unit (360 sq ft). The range uses the middle half of those sales (AED 1,079 to AED 1,176 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 122 at MAG 560 worth?

About AED 404,000 (range AED 388,000 to AED 423,000), based on AED 1,122 per sq ft from registered sales up to 10 Jun 2026.

When did unit 122 last sell?

20 Feb 2020, for AED 320,000 (off-plan). It has 1 registered sale.

What rent can unit 122 make?

A studio in MAG 560 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 9.7% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 121 · Unit 201