Unit 320, MAG 560: what it sold for and what it is worth now

Unit 320 at MAG 560 is a 1 bed of 514 sq ft. It last sold for AED 288,000 on 25 Aug 2021. At AED 982 per sq ft, from 9 sales in the building in the last 24 months (1 bed), it is worth about AED 505,000 today.

Value todayAED 505,000AED 495,000 to AED 548,000
Last saleAED 288,00025 Aug 2021 · Resale
Change since last sale+75.3%Building trend alone: AED 490,722
Rent (median asking, 1 bed)AED 52,500Gross yield 10.4%
Bedrooms1 bed
Size514 sq ft
Floor3 (from the unit number)
Position in the towerStack 20: units ending 20 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 320

DatePriceSizeAED/sq ftType
25 Aug 2021AED 288,000514 sq ft560Resale

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 (514 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 490,722. 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 320 at MAG 560 worth?

About AED 505,000 (range AED 495,000 to AED 548,000), based on AED 982 per sq ft from registered sales up to 10 Jun 2026.

When did unit 320 last sell?

25 Aug 2021, for AED 288,000 (resale). It has 1 registered sale.

What rent can unit 320 make?

A 1 bed in MAG 560 rents for about AED 52,500 a year (median asking rent). That is a gross yield of 10.4% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 317 · Unit 321