Unit 111, MAG 565: what it sold for and what it is worth now

Unit 111 at MAG 565 is a 1 bed of 483 sq ft. It last sold for AED 320,000 on 13 May 2022. At AED 1,117 per sq ft, from 9 sales in the building in the last 24 months (1 bed), it is worth about AED 540,000 today.

Value todayAED 540,000AED 507,000 to AED 545,000
Last saleAED 320,00013 May 2022 · Resale
Change since last sale+68.8%Building trend alone: AED 537,173
Rent (median asking, 1 bed)AED 47,900Gross yield 8.9%
Bedrooms1 bed
Size483 sq ft
Floor1 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingMAG 565 by MAG Property Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 111

DatePriceSizeAED/sq ftType
13 May 2022AED 320,000483 sq ft663Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41119 Feb 2024AED 435,000483 sq ft901Resale

Latest 1 bed sales in MAG 565

UnitDatePriceSizeAED/sq ftType
1199 Jan 2026AED 620,000514 sq ft1,206Resale
30412 Nov 2025AED 625,000481 sq ft1,299Resale
52031 Jul 2025AED 580,000514 sq ft1,128Resale
41331 Jul 2025AED 695,000622 sq ft1,117Resale
4092 Jun 2025AED 505,000481 sq ft1,050Resale
62028 May 2025AED 580,000514 sq ft1,128Resale
5198 May 2025AED 550,000514 sq ft1,070Resale
42017 Feb 2025AED 450,000514 sq ft875Resale

How we worked out the value

We took the 9 sales in MAG 565 in the last 24 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,117). We multiplied it by the size of this unit (483 sq ft). The range uses the middle half of those sales (AED 1,050 to AED 1,128 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 537,173. Floor, view, condition and upgrades can move the price either way. Sales data to 12 Aug 2026, from the Dubai Land Department register.

Questions

What is unit 111 at MAG 565 worth?

About AED 540,000 (range AED 507,000 to AED 545,000), based on AED 1,117 per sq ft from registered sales up to 12 Aug 2026.

When did unit 111 last sell?

13 May 2022, for AED 320,000 (resale). It has 1 registered sale.

What rent can unit 111 make?

A 1 bed in MAG 565 rents for about AED 47,900 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

Sales alert for MAG 565All sales in MAG 565

Unit 110 · Unit 114