Unit 515, MAG 560: what it sold for and what it is worth now

Unit 515 at MAG 560 is a studio of 410 sq ft. It last sold for AED 460,000 on 17 Jun 2025. At AED 1,049 per sq ft, from 3 sales of units ending 15 (same position in the tower), it is worth about AED 430,000 today.

Value todayAED 430,000AED 420,000 to AED 445,000
Last saleAED 460,00017 Jun 2025 · Resale
Change since last sale-6.5%Building trend alone: AED 483,341
Rent (median asking, studio)AED 39,000Gross yield 9.1%
Bedroomsstudio
Size410 sq ft
Floor5 (from the unit number)
Position in the towerStack 15: units ending 15 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 515

DatePriceSizeAED/sq ftType
17 Jun 2025AED 460,000410 sq ft1,122Resale

Units ending 15 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41510 Jun 2026AED 430,000410 sq ft1,049Resale
21527 Aug 2024AED 410,000410 sq ft1,000Resale
41527 Mar 2024AED 370,000410 sq ft902Resale
2152 May 2023AED 300,000410 sq ft732Resale

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
6176 Feb 2025AED 420,000437 sq ft961Resale
32223 Jan 2025AED 450,000360 sq ft1,250Resale
51815 Oct 2024AED 440,000437 sq ft1,007Resale

How we worked out the value

We took the 3 resale sales of units ending 15 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,049). We multiplied it by the size of this unit (410 sq ft). The range uses the middle half of those sales (AED 1,024 to AED 1,085 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 483,341. 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 515 at MAG 560 worth?

About AED 430,000 (range AED 420,000 to AED 445,000), based on AED 1,049 per sq ft from registered sales up to 10 Jun 2026.

When did unit 515 last sell?

17 Jun 2025, for AED 460,000 (resale). It has 1 registered sale.

What rent can unit 515 make?

A studio in MAG 560 rents for about AED 39,000 a year (median asking rent). That is a gross yield of 9.1% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 511 · Unit 516