103, MAG 560
Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, MAG 560
What is 103 worth today?
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Source: Dubai Land Department. Updated 20 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 365 sqft
- Floor
- 1st of 6
- Parking
- G-03
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,500 /yr
- Last sold
- AED 380K · September 2019
- Building
- MAG 560
About 103, MAG 560
103 is a studio of 365 sqft on the 1st floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 September 2019 for AED 380,000, or AED 1,041 per sqft, 12% above the AED 926 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 40,000 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 6,500 a year.
Sales and rents for 103 over time
103 has sold once; the dashed line is the studio median of each year in the building.
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 103 sits
All 60 studios →103 last sold in September 2019 at AED 1,041 per sqft, 12% above what studios in MAG 560 were fetching at the time (AED 926). 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. 103's AED 40,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 410 sqft | 430,000 | 1,049 | ||
| 4 Dec 20254 December 2025 | 410 sqft | 495,000 | 1,206 | ||
| 15 Sep 202515 September 2025 | 437 sqft | 465,000 | 1,064 | ||
| 11 Aug 202511 August 2025 | 360 sqft | 430,000 | 1,194 |
MAG 560
Building132 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%
Other units on the 1st floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 444KAED 443,897 · Aug 2021August 2021 | 62,000 /yr | |
| 102 | Studio | 387 sqft | AED 300KAED 300,000 · Jun 2023June 2023 | 40,000 /yr | |
| 104 | 1-bed | 478 sqft | AED 360KAED 360,000 · Jan 2024January 2024 | 45,000 /yr | |
| 105 | 2-bed | 666 sqft | AED 510KAED 510,000 · Sep 2023September 2023 | 45,600 /yr | |
| 106 | 1-bed | 483 sqft | AED 358KAED 358,197 · Dec 2020December 2020 | ||
| 107 | Studio | 387 sqft | AED 340KAED 340,000 · Sep 2019September 2019 | 26,460 /yr | |
| 108 | Studio | 347 sqft | AED 390KAED 390,000 · Sep 2024September 2024 | 30,000 /yr | |
| 109 | 1-bed | 478 sqft | AED 460KAED 460,000 · Jul 2024July 2024 | 35,000 /yr | |
| 110 | 2-bed | 665 sqft | AED 562KAED 562,367 · Sep 2019September 2019 | ||
| 111 | 1-bed | 483 sqft | AED 470KAED 470,000 · Jun 2018June 2018 | 40,000 /yr | |
| 112 | 1-bed | 656 sqft | AED 466KAED 465,577 · Jul 2021July 2021 | 36,750 /yr | |
| 113 | 1-bed | 622 sqft | AED 519KAED 518,750 · Jul 2020July 2020 | ||
| 114 | 1-bed | 638 sqft | AED 580KAED 580,000 · Dec 2024December 2024 | 50,000 /yr | |
| 115 | Studio | 410 sqft | AED 390KAED 390,000 · Oct 2017October 2017 | 41,000 /yr | |
| 116 | Studio | 410 sqft | AED 360KAED 360,000 · Feb 2018February 2018 | 27,387 /yr | |
| 117 | Studio | 437 sqft | AED 365KAED 365,000 · Aug 2023August 2023 | 30,000 /yr | |
| 118 | Studio | 437 sqft | AED 410KAED 410,000 · Sep 2019September 2019 | 19,500 /yr | |
| 119 | 1-bed | 514 sqft | AED 480KAED 480,000 · Oct 2019October 2019 | 22,000 /yr | |
| 120 | 1-bed | 514 sqft | AED 465KAED 465,000 · May 2018May 2018 | 44,000 /yr | |
| 121 | Studio | 360 sqft | AED 430KAED 430,000 · Aug 2025August 2025 | 37,000 /yr | |
| 122 | Studio | 360 sqft | AED 320KAED 320,000 · Feb 2020February 2020 | 23,000 /yr |
103, MAG 560 in numbers
- Sold once: by MAG on 24 September 2019 for AED 380,000, or AED 1,041 per sqft.
- Rented since October 2020 on 7 Ejari contracts, from AED 18,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2019 price is 10.5%, before a service charge of about AED 6,500 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 20 December 2025.
Questions about 103, MAG 560
What did unit 103 last sell for?
AED 380,000 on 24 September 2019, sold by the developer: AED 1,041 per sqft for 365 sqft. It is the only registered sale of the unit.
What is the rent for unit 103?
AED 40,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2025, was AED 38,000; the unit has been rented since October 2020.
How big is unit 103?
365 sqft (33.9 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 103 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 103, MAG 560
Starts from the last sale price (AED 380K, 24 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 380,000
- Deposit, UAE resident (20%)
- AED 76,000
- Deposit, non-resident (40%)
- AED 152,000
- Monthly over 25 years at 3.7%
- AED 1,555
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →