Unit 409, MAG 565: what it sold for and what it is worth now

Unit 409 at MAG 565 is a 1 bed of 481 sq ft. It last sold for AED 505,000 on 2 Jun 2025. 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 537,000 today.

Value todayAED 537,000AED 505,000 to AED 543,000
Last saleAED 505,0002 Jun 2025 · Resale
Change since last sale+6.3%Building trend alone: AED 547,048
Rent (median asking, 1 bed)AED 47,900Gross yield 8.9%
Bedrooms1 bed
Size481 sq ft
Floor4 (from the unit number)
Position in the towerStack 09: units ending 09 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 409

DatePriceSizeAED/sq ftType
2 Jun 2025AED 505,000481 sq ft1,050Resale

Units ending 09 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
6091 Apr 2024AED 455,000481 sq ft946Resale
5091 Feb 2024AED 420,000481 sq ft873Resale
6097 Jun 2022AED 340,000481 sq ft707Resale
30911 Feb 2020AED 420,000481 sq ft873Off-plan

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
62028 May 2025AED 580,000514 sq ft1,128Resale
5198 May 2025AED 550,000514 sq ft1,070Resale
42017 Feb 2025AED 450,000514 sq ft875Resale
20422 Aug 2024AED 500,000481 sq ft1,040Resale

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 (481 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 547,048. 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 409 at MAG 565 worth?

About AED 537,000 (range AED 505,000 to AED 543,000), based on AED 1,117 per sq ft from registered sales up to 12 Aug 2026.

When did unit 409 last sell?

2 Jun 2025, for AED 505,000 (resale). It has 1 registered sale.

What rent can unit 409 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 405 · Unit 410