Unit 215, MAG 560: what it sold for and what it is worth now

Unit 215 at MAG 560 is a studio of 410 sq ft. It last sold for AED 410,000 on 27 Aug 2024. At AED 1,049 per sq ft, from 3 sales of units ending 15 (same position in the tower), it is worth about AED 430,000 today.

Value todayAED 430,000AED 420,000 to AED 445,000
Last saleAED 410,00027 Aug 2024 · Resale
Change since last sale+4.9%Building trend alone: AED 477,771
Rent (median asking, studio)AED 39,000Gross yield 9.1%
Bedroomsstudio
Size410 sq ft
Floor2 (from the unit number)
Position in the towerStack 15: units ending 15 share the same layout and view
BuildingMAG 560 by MAG Property Development, handed over 2016
Registered sales of this unit2

Every registered sale of unit 215

DatePriceSizeAED/sq ftType
27 Aug 2024AED 410,000410 sq ft1,000Resale
2 May 2023AED 300,000410 sq ft732Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41510 Jun 2026AED 430,000410 sq ft1,049Resale
51517 Jun 2025AED 460,000410 sq ft1,122Resale
41527 Mar 2024AED 370,000410 sq ft902Resale

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 3 resale sales of units ending 15 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,049). We multiplied it by the size of this unit (410 sq ft). The range uses the middle half of those sales (AED 1,024 to AED 1,085 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 477,771. 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 215 at MAG 560 worth?

About AED 430,000 (range AED 420,000 to AED 445,000), based on AED 1,049 per sq ft from registered sales up to 10 Jun 2026.

When did unit 215 last sell?

27 Aug 2024, for AED 410,000 (resale). It has 2 registered sales.

What rent can unit 215 make?

A studio in MAG 560 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 9.1% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 214 · Unit 216