Unit 207, MAG 565: what it sold for and what it is worth now

Unit 207 at MAG 565 is a studio of 387 sq ft. It last sold for AED 250,000 on 23 Jul 2020. At AED 1,168 per sq ft, from 4 sales of units ending 07 (same position in the tower), it is worth about AED 452,000 today.

Value todayAED 452,000AED 427,000 to AED 467,000
Last saleAED 250,00023 Jul 2020 · Resale
Change since last sale+80.8%Building trend alone: AED 405,311
Rent (median asking, studio)AED 38,998Gross yield 8.6%
Bedroomsstudio
Size387 sq ft
Floor2 (from the unit number)
Position in the towerStack 07: units ending 07 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 207

DatePriceSizeAED/sq ftType
23 Jul 2020AED 250,000387 sq ft646Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60730 Sep 2025AED 462,500389 sq ft1,189Resale
5073 Mar 2025AED 446,000389 sq ft1,147Resale
60720 Feb 2025AED 490,000389 sq ft1,260Resale
50719 Dec 2024AED 380,000389 sq ft977Resale
5074 Nov 2021AED 291,500389 sq ft749Resale
60717 Aug 2020AED 250,000389 sq ft643Resale

Latest studio sales in MAG 565

UnitDatePriceSizeAED/sq ftType
30821 May 2026AED 425,000347 sq ft1,225Resale
20820 May 2026AED 440,000347 sq ft1,268Resale
51722 Nov 2025AED 500,000437 sq ft1,144Resale
60730 Sep 2025AED 462,500389 sq ft1,189Resale
61610 Jul 2025AED 460,000410 sq ft1,122Resale
11430 Jun 2025AED 430,000383 sq ft1,123Resale
51619 Jun 2025AED 460,000410 sq ft1,122Resale
21428 May 2025AED 425,000383 sq ft1,110Resale

How we worked out the value

We took the 4 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,168). We multiplied it by the size of this unit (387 sq ft). The range uses the middle half of those sales (AED 1,104 to AED 1,207 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 405,311. 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 207 at MAG 565 worth?

About AED 452,000 (range AED 427,000 to AED 467,000), based on AED 1,168 per sq ft from registered sales up to 12 Aug 2026.

When did unit 207 last sell?

23 Jul 2020, for AED 250,000 (resale). It has 1 registered sale.

What rent can unit 207 make?

A studio in MAG 565 rents for about AED 38,998 a year (median asking rent). That is a gross yield of 8.6% on the estimate.

Sales alert for MAG 565All sales in MAG 565

Unit 204 · Unit 208