Unit 502 at MAG 565 is a studio of 389 sq ft. It last sold for AED 250,000 on 23 Jul 2020. At AED 1,207 per sq ft, from 4 sales in the building in the last 12 months (studio), it is worth about AED 469,000 today.
| Bedrooms | studio |
|---|---|
| Size | 389 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 02: units ending 02 share the same layout and view |
| Building | MAG 565 by MAG Property Development, handed over 2019 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 23 Jul 2020 | AED 250,000 | 389 sq ft | 643 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 602 | 23 Sep 2020 | AED 250,000 | 389 sq ft | 643 | Resale |
| 202 | 23 Jul 2020 | AED 250,000 | 387 sq ft | 646 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 308 | 21 May 2026 | AED 425,000 | 347 sq ft | 1,225 | Resale |
| 208 | 20 May 2026 | AED 440,000 | 347 sq ft | 1,268 | Resale |
| 517 | 22 Nov 2025 | AED 500,000 | 437 sq ft | 1,144 | Resale |
| 607 | 30 Sep 2025 | AED 462,500 | 389 sq ft | 1,189 | Resale |
| 616 | 10 Jul 2025 | AED 460,000 | 410 sq ft | 1,122 | Resale |
| 114 | 30 Jun 2025 | AED 430,000 | 383 sq ft | 1,123 | Resale |
| 516 | 19 Jun 2025 | AED 460,000 | 410 sq ft | 1,122 | Resale |
| 214 | 28 May 2025 | AED 425,000 | 383 sq ft | 1,110 | Resale |
We took the 4 sales in MAG 565 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,207). We multiplied it by the size of this unit (389 sq ft). The range uses the middle half of those sales (AED 1,178 to AED 1,236 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.
About AED 469,000 (range AED 458,000 to AED 481,000), based on AED 1,207 per sq ft from registered sales up to 12 Aug 2026.
23 Jul 2020, for AED 250,000 (resale). It has 1 registered sale.
A studio in MAG 565 rents for about AED 38,998 a year (median asking rent). That is a gross yield of 8.3% on the estimate.