Unit 414, MAG 565: what it sold for and what it is worth now

Unit 414 at MAG 565 is a studio of 383 sq ft. It last sold for AED 350,000 on 1 Mar 2024. At AED 1,110 per sq ft, from 3 sales of units ending 14 (same position in the tower), it is worth about AED 425,000 today.

Value todayAED 425,000AED 388,000 to AED 428,000
Last saleAED 350,0001 Mar 2024 · Resale
Change since last sale+21.4%Building trend alone: AED 468,764
Rent (median asking, studio)AED 38,998Gross yield 9.2%
Bedroomsstudio
Size383 sq ft
Floor4 (from the unit number)
Position in the towerStack 14: units ending 14 share the same layout and view
BuildingMAG 565 by MAG Property Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 414

DatePriceSizeAED/sq ftType
1 Mar 2024AED 350,000383 sq ft914Resale
14 Mar 2023AED 265,000383 sq ft692Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11430 Jun 2025AED 430,000383 sq ft1,123Resale
21428 May 2025AED 425,000383 sq ft1,110Resale
51419 Aug 2024AED 350,000383 sq ft914Resale
21418 Jul 2024AED 370,000383 sq ft966Resale
51414 Jul 2022AED 272,000383 sq ft710Resale

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 3 resale sales of units ending 14 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,110). We multiplied it by the size of this unit (383 sq ft). The range uses the middle half of those sales (AED 1,012 to AED 1,116 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 468,764. 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 414 at MAG 565 worth?

About AED 425,000 (range AED 388,000 to AED 428,000), based on AED 1,110 per sq ft from registered sales up to 12 Aug 2026.

When did unit 414 last sell?

1 Mar 2024, for AED 350,000 (resale). It has 2 registered sales.

What rent can unit 414 make?

A studio in MAG 565 rents for about AED 38,998 a year (median asking rent). That is a gross yield of 9.2% on the estimate.

Sales alert for MAG 565All sales in MAG 565

Unit 413 · Unit 415