Unit 508 at MAG 560 is a studio of 349 sq ft. It last sold for AED 330,000 on 1 May 2024. At AED 1,122 per sq ft, from 6 sales in the building in the last 12 months (studio), it is worth about AED 392,000 today.
| Bedrooms | studio |
|---|---|
| Size | 349 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 08: units ending 08 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 |
|---|---|---|---|---|
| 1 May 2024 | AED 330,000 | 349 sq ft | 946 | Resale |
| 24 Jan 2023 | AED 240,000 | 349 sq ft | 688 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 108 | 24 Sep 2024 | AED 390,000 | 347 sq ft | 1,124 | Resale |
| 108 | 13 Dec 2023 | AED 315,000 | 347 sq ft | 908 | Resale |
| 308 | 3 Aug 2022 | AED 225,000 | 347 sq ft | 648 | 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 (349 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 407,397. 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 392,000 (range AED 376,000 to AED 411,000), based on AED 1,122 per sq ft from registered sales up to 10 Jun 2026.
1 May 2024, for AED 330,000 (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 9.9% on the estimate.