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Studio · 387 sqftMAG 560, Dubai South · 1st floor · completed 2020

102, MAG 560

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 29 September 2026
Last soldAED 300K26 June 2023
Current rentAED 40K /yr29 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 102, MAG 560

What is 102 worth today?

Last sold for AED 300,000 in 2023

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29 Sep 2026RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
29 Sep 2025RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
5 Sep 2024RentedRenewal
AED 39,000/yr12 months · AED 101 per sqft
5 Sep 2023RentedNew contract
AED 34,000/yr12 months · AED 88 per sqft
26 Jun 2023SoldReady
AED 300,000AED 775 per sqft
2 Dec 2022RentedRenewal
AED 22,000/yr12 months · AED 57 per sqft
2 Dec 2021RentedRenewal
AED 18,000/yr12 months · AED 46 per sqft
2 Dec 2020RentedNew contract
AED 20,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 29 September 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
1st of 6
Parking
G-02
Developer
MAG
Completed
2020
Service charge
AED 6,900 /yr
Last sold
AED 300K · June 2023
Building
MAG 560

About 102, MAG 560

102 is a studio of 387 sqft on the 1st floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 26 June 2023 for AED 300,000, or AED 775 per sqft, 6% above the AED 732 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 29 September 2026, is AED 40,000 a year: a gross yield of 13.3% on the 2023 price, before the service charge of about AED 6,900 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical studio in MAG 560
300K400K2017202020232026Typical sale price by year: 2017 AED 342,780; 2018 AED 340,000; 2019 AED 350,000; 2020 AED 327,750; 2021 AED 278,847; 2022 AED 299,000; 2023 AED 320,000; 2024 AED 370,000; 2025 AED 460,000Sold by developer, June 2018: AED 340,000 (AED 878 per sqft)Sold, June 2023: AED 300,000 (AED 775 per sqft)

102 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 102, each contractTypical studio in MAG 560
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 19,000; 2022 AED 21,250; 2023 AED 25,000; 2024 AED 31,000; 2025 AED 37,000; 2026 AED 38,000New contract, February 2020: AED 20,000 a yearNew contract, December 2020: AED 20,000 a yearRenewal, December 2021: AED 18,000 a yearRenewal, December 2022: AED 22,000 a yearNew contract, September 2023: AED 34,000 a yearRenewal, September 2024: AED 39,000 a yearNew contract, September 2025: AED 40,000 a yearRenewal, September 2026: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 560, and where 102 sits

All 60 studios →

102 last sold in June 2023 at AED 775 per sqft, 6% above what studios in MAG 560 were fetching at the time (AED 732). Over the last 12 months studios sold for AED 430,000 to 495,000, around AED 1,128 per sqft, and rent for AED 20,000 to 46,000 a year. 102's AED 40,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jun 2026430,000
4 Dec 2025495,000
15 Sep 2025465,000
11 Aug 2025430,000
2 studio sales in the last 12 months

MAG 560

Building

132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 4 sold in the last 12 months.

Typical price per sqft
AED 1,085
Typical sale
AED 558K
Typical rent
AED 42K /yr
Typical yield
8.5%
MAG 560, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 560
Value
1011-bedAED 444K · Aug 2021
103StudioAED 380K · Sep 2019
1041-bedAED 360K · Jan 2024
1052-bedAED 510K · Sep 2023
1061-bedAED 358K · Dec 2020
107StudioAED 340K · Sep 2019
108StudioAED 390K · Sep 2024
1–7 of 21

102, MAG 560 in numbers

  • Sold twice: first on 21 June 2018 for AED 340,000, last on 26 June 2023 for AED 300,000 (AED 775 per sqft).
  • Rented since February 2020 on 8 Ejari contracts, from AED 20,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 13.3%, before a service charge of about AED 6,900 a year (AED 17.79 per sqft).
  • Studios in MAG 560 sold for AED 430,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 1,085 per sqft.

Source: Dubai Land Department. Updated 29 September 2026.

Questions about 102, MAG 560

What did unit 102 last sell for?

AED 300,000 on 26 June 2023: AED 775 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 340,000 in June 2018.

What is the rent for unit 102?

AED 40,000 a year on the contract renewed on 29 September 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since February 2020.

How big is unit 102?

387 sqft (36.0 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 102 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 560 sold for AED 430,000 to 495,000 in the last 12 months, around AED 1,128 per sqft.

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Mortgage on 102, MAG 560

Starts from the last sale price (AED 300K, 26 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →