Unit 502 at MAG 560 is a studio of 389 sq ft. It last sold for AED 323,000 on 10 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 436,000 today.
| Bedrooms | studio |
|---|---|
| Size | 389 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 02: units ending 02 share the same layout and view |
| Building | MAG 560 by MAG Property Development, handed over 2016 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 10 Oct 2022 | AED 323,000 | 389 sq ft | 830 | Resale |
| 26 Sep 2021 | AED 213,834 | 389 sq ft | 550 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 102 | 26 Jun 2023 | AED 300,000 | 387 sq ft | 775 | Resale |
| 202 | 14 Oct 2022 | AED 275,000 | 387 sq ft | 711 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 415 | 10 Jun 2026 | AED 430,000 | 410 sq ft | 1,049 | Resale |
| 216 | 4 Dec 2025 | AED 495,000 | 410 sq ft | 1,207 | Resale |
| 517 | 15 Sep 2025 | AED 465,000 | 437 sq ft | 1,064 | Resale |
| 516 | 11 Aug 2025 | AED 460,000 | 410 sq ft | 1,122 | Resale |
| 121 | 11 Aug 2025 | AED 430,000 | 360 sq ft | 1,194 | Resale |
| 515 | 17 Jun 2025 | AED 460,000 | 410 sq ft | 1,122 | Resale |
| 617 | 6 Feb 2025 | AED 420,000 | 437 sq ft | 961 | Resale |
| 322 | 23 Jan 2025 | AED 450,000 | 360 sq ft | 1,250 | Resale |
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 (389 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 512,167. Floor, view, condition and upgrades can move the price either way. Sales data to 10 Jun 2026, from the Dubai Land Department register.
About AED 436,000 (range AED 420,000 to AED 458,000), based on AED 1,122 per sq ft from registered sales up to 10 Jun 2026.
10 Oct 2022, for AED 323,000 (resale). It has 2 registered sales.
A studio in MAG 560 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 8.9% on the estimate.