Unit 607, MAG 565: what it sold for and what it is worth now

Unit 607 at MAG 565 is a studio of 389 sq ft. It last sold for AED 462,500 on 30 Sep 2025. At AED 1,168 per sq ft, from 4 sales of units ending 07 (same position in the tower), it is worth about AED 454,000 today.

Value todayAED 454,000AED 430,000 to AED 469,000
Last saleAED 462,50030 Sep 2025 · Resale
Change since last sale-1.8%Building trend alone: AED 497,240
Rent (median asking, studio)AED 38,998Gross yield 8.6%
Bedroomsstudio
Size389 sq ft
Floor6 (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 unit3

Every registered sale of unit 607

DatePriceSizeAED/sq ftType
30 Sep 2025AED 462,500389 sq ft1,189Resale
20 Feb 2025AED 490,000389 sq ft1,260Resale
17 Aug 2020AED 250,000389 sq ft643Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5073 Mar 2025AED 446,000389 sq ft1,147Resale
50719 Dec 2024AED 380,000389 sq ft977Resale
5074 Nov 2021AED 291,500389 sq ft749Resale
20723 Jul 2020AED 250,000387 sq ft646Resale

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
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
21520 May 2025AED 465,000410 sq ft1,134Resale

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 (389 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 497,240. 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 607 at MAG 565 worth?

About AED 454,000 (range AED 430,000 to AED 469,000), based on AED 1,168 per sq ft from registered sales up to 12 Aug 2026.

When did unit 607 last sell?

30 Sep 2025, for AED 462,500 (resale). It has 3 registered sales.

What rent can unit 607 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 605 · Unit 608