Unit 403, MAG 560: what it sold for and what it is worth now

Unit 403 at MAG 560 is a studio of 365 sq ft. It last sold for AED 356,000 on 3 Nov 2023. At AED 1,122 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 410,000 today.

Value todayAED 410,000AED 394,000 to AED 429,000
Last saleAED 356,0003 Nov 2023 · Resale
Change since last sale+15.2%Building trend alone: AED 468,048
Rent (median asking, studio)AED 39,000Gross yield 9.5%
Bedroomsstudio
Size365 sq ft
Floor4 (from the unit number)
Position in the towerStack 03: units ending 03 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 403

DatePriceSizeAED/sq ftType
3 Nov 2023AED 356,000365 sq ft975Resale

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
6032 Oct 2024AED 425,000365 sq ft1,164Resale
50313 May 2024AED 350,000365 sq ft959Resale
3034 May 2023AED 243,000365 sq ft666Resale

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 (365 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 468,048. 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 403 at MAG 560 worth?

About AED 410,000 (range AED 394,000 to AED 429,000), based on AED 1,122 per sq ft from registered sales up to 10 Jun 2026.

When did unit 403 last sell?

3 Nov 2023, for AED 356,000 (resale). It has 1 registered sale.

What rent can unit 403 make?

A studio in MAG 560 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 9.5% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 401 · Unit 405