Unit 312, MAG 560: what it sold for and what it is worth now

Unit 312 at MAG 560 is a 1 bed of 656 sq ft. It last sold for AED 700,000 on 12 May 2025. At AED 982 per sq ft, from 3 sales of units ending 12 (same position in the tower), it is worth about AED 644,000 today.

Value todayAED 644,000AED 612,000 to AED 672,000
Last saleAED 700,00012 May 2025 · Resale
Change since last sale-8.0%Building trend alone: AED 735,867
Rent (median asking, 1 bed)AED 52,500Gross yield 8.2%
Bedrooms1 bed
Size656 sq ft
Floor3 (from the unit number)
Position in the towerStack 12: units ending 12 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 312

DatePriceSizeAED/sq ftType
12 May 2025AED 700,000656 sq ft1,067Resale
20 Feb 2025AED 644,215656 sq ft982Resale

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21214 Jan 2025AED 580,000656 sq ft884Resale
21222 May 2024AED 424,000656 sq ft646Resale
21210 Oct 2022AED 469,302656 sq ft715Resale
11229 Jul 2021AED 465,577656 sq ft710Resale
41222 Jun 2021AED 469,301656 sq ft715Resale

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
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
10917 Jul 2024AED 460,000478 sq ft962Resale
11424 May 2024AED 400,000638 sq ft627Resale

How we worked out the value

We took the 3 resale sales of units ending 12 in the last 24 months, 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 (656 sq ft). The range uses the middle half of those sales (AED 933 to AED 1,025 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 735,867. 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 312 at MAG 560 worth?

About AED 644,000 (range AED 612,000 to AED 672,000), based on AED 982 per sq ft from registered sales up to 10 Jun 2026.

When did unit 312 last sell?

12 May 2025, for AED 700,000 (resale). It has 2 registered sales.

What rent can unit 312 make?

A 1 bed in MAG 560 rents for about AED 52,500 a year (median asking rent). That is a gross yield of 8.2% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 310 · Unit 313