Unit 604, MAG 560: what it sold for and what it is worth now

Unit 604 at MAG 560 is a 1 bed of 478 sq ft. It last sold for AED 320,000 on 9 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 469,000 today.

Value todayAED 469,000AED 460,000 to AED 510,000
Last saleAED 320,0009 Aug 2021 · Resale
Change since last sale+46.6%Building trend alone: AED 544,572
Rent (median asking, 1 bed)AED 52,500Gross yield 11.2%
Bedrooms1 bed
Size478 sq ft
Floor6 (from the unit number)
Position in the towerStack 04: units ending 04 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 604

DatePriceSizeAED/sq ftType
9 Aug 2021AED 320,000478 sq ft669Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
10411 Jan 2024AED 360,000478 sq ft753Resale

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 (478 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 544,572. 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 604 at MAG 560 worth?

About AED 469,000 (range AED 460,000 to AED 510,000), based on AED 982 per sq ft from registered sales up to 10 Jun 2026.

When did unit 604 last sell?

9 Aug 2021, for AED 320,000 (resale). It has 1 registered sale.

What rent can unit 604 make?

A 1 bed in MAG 560 rents for about AED 52,500 a year (median asking rent). That is a gross yield of 11.2% on the estimate.

Sales alert for MAG 560All sales in MAG 560

Unit 603 · Unit 605