Unit 120, MAG 565: what it sold for and what it is worth now

Unit 120 at MAG 565 is a 1 bed of 514 sq ft. It last sold for AED 377,530 on 6 Oct 2021. At AED 1,128 per sq ft, from 3 sales of units ending 20 (same position in the tower), it is worth about AED 580,000 today.

Value todayAED 580,000AED 515,000 to AED 580,000
Last saleAED 377,5306 Oct 2021 · Resale
Change since last sale+53.6%Building trend alone: AED 641,461
Rent (median asking, 1 bed)AED 47,900Gross yield 8.3%
Bedrooms1 bed
Size514 sq ft
Floor1 (from the unit number)
Position in the towerStack 20: units ending 20 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 120

DatePriceSizeAED/sq ftType
6 Oct 2021AED 377,530514 sq ft734Resale

Units ending 20 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
52031 Jul 2025AED 580,000514 sq ft1,128Resale
62028 May 2025AED 580,000514 sq ft1,128Resale
42017 Feb 2025AED 450,000514 sq ft875Resale
4207 Jun 2024AED 455,000514 sq ft885Resale

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 3 resale sales of units ending 20 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,128). We multiplied it by the size of this unit (514 sq ft). The range uses the middle half of those sales (AED 1,002 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 641,461. 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 120 at MAG 565 worth?

About AED 580,000 (range AED 515,000 to AED 580,000), based on AED 1,128 per sq ft from registered sales up to 12 Aug 2026.

When did unit 120 last sell?

6 Oct 2021, for AED 377,530 (resale). It has 1 registered sale.

What rent can unit 120 make?

A 1 bed in MAG 565 rents for about AED 47,900 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for MAG 565All sales in MAG 565

Unit 119 · Unit 121