Unit 601, MAG 565: what it sold for and what it is worth now

Unit 601 at MAG 565 is a 1 bed of 629 sq ft. It last sold for AED 446,540 on 29 Jul 2021. 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 703,000 today.

Value todayAED 703,000AED 660,000 to AED 710,000
Last saleAED 446,54029 Jul 2021 · Resale
Change since last sale+57.4%Building trend alone: AED 781,689
Rent (median asking, 1 bed)AED 47,900Gross yield 6.8%
Bedrooms1 bed
Size629 sq ft
Floor6 (from the unit number)
Position in the towerStack 01: units ending 01 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 601

DatePriceSizeAED/sq ftType
29 Jul 2021AED 446,540629 sq ft710Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30115 Aug 2023AED 400,000628 sq ft637Resale
10124 Nov 2022AED 449,173628 sq ft715Resale
20114 Jan 2022AED 458,340628 sq ft730Resale
30122 Apr 2020AED 480,000628 sq ft764Resale

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 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 (629 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 781,689. 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 601 at MAG 565 worth?

About AED 703,000 (range AED 660,000 to AED 710,000), based on AED 1,117 per sq ft from registered sales up to 12 Aug 2026.

When did unit 601 last sell?

29 Jul 2021, for AED 446,540 (resale). It has 1 registered sale.

What rent can unit 601 make?

A 1 bed in MAG 565 rents for about AED 47,900 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for MAG 565All sales in MAG 565

Unit 520 · Unit 602