Unit 202, MAG 560: what it sold for and what it is worth now

Unit 202 at MAG 560 is a studio of 387 sq ft. It last sold for AED 275,000 on 14 Oct 2022. At AED 1,122 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 434,000 today.

Value todayAED 434,000AED 417,000 to AED 455,000
Last saleAED 275,00014 Oct 2022 · Resale
Change since last sale+57.8%Building trend alone: AED 436,056
Rent (median asking, studio)AED 39,000Gross yield 9.0%
Bedroomsstudio
Size387 sq ft
Floor2 (from the unit number)
Position in the towerStack 02: units ending 02 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 202

DatePriceSizeAED/sq ftType
14 Oct 2022AED 275,000387 sq ft711Resale

Units ending 02 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10226 Jun 2023AED 300,000387 sq ft775Resale
50210 Oct 2022AED 323,000389 sq ft830Resale
50226 Sep 2021AED 213,834389 sq ft550Resale

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 (387 sq ft). The range uses the middle half of those sales (AED 1,079 to AED 1,176 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 436,056. 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 202 at MAG 560 worth?

About AED 434,000 (range AED 417,000 to AED 455,000), based on AED 1,122 per sq ft from registered sales up to 10 Jun 2026.

When did unit 202 last sell?

14 Oct 2022, for AED 275,000 (resale). It has 1 registered sale.

What rent can unit 202 make?

A studio in MAG 560 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 9.0% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 201 · Unit 205