Unit 201, MAG 560: what it sold for and what it is worth now

Unit 201 at MAG 560 is a 1 bed of 628 sq ft. It last sold for AED 400,000 on 8 Feb 2022. At AED 982 per sq ft, from 9 sales in the building in the last 24 months (1 bed), it is worth about AED 617,000 today.

Value todayAED 617,000AED 604,000 to AED 670,000
Last saleAED 400,0008 Feb 2022 · Resale
Change since last sale+54.3%Building trend alone: AED 686,843
Rent (median asking, 1 bed)AED 52,500Gross yield 8.5%
Bedrooms1 bed
Size628 sq ft
Floor2 (from the unit number)
Position in the towerStack 01: units ending 01 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 201

DatePriceSizeAED/sq ftType
8 Feb 2022AED 400,000628 sq ft637Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40124 Oct 2021AED 443,898628 sq ft707Resale
10129 Aug 2021AED 443,897628 sq ft707Resale

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 (628 sq ft). The range uses the middle half of those sales (AED 962 to AED 1,067 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 686,843. 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 201 at MAG 560 worth?

About AED 617,000 (range AED 604,000 to AED 670,000), based on AED 982 per sq ft from registered sales up to 10 Jun 2026.

When did unit 201 last sell?

8 Feb 2022, for AED 400,000 (resale). It has 1 registered sale.

What rent can unit 201 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 122 · Unit 202