1-bed · 483 sqftMAG 560, Dubai South · 1st floor · completed 2020

111, MAG 560

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 16 September 2025
Last soldAED 470K21 June 2018
Current rentAED 40K /yr16 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, MAG 560

What is 111 worth today?

Last sold for AED 470,000 in 2018

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16 Sep 2025RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft
15 Sep 2024RentedRenewal
AED 35,900/yr12 months · AED 74 per sqft
15 Sep 2023RentedRenewal
AED 30,000/yr12 months · AED 62 per sqft
15 Sep 2022RentedRenewal
AED 26,000/yr12 months · AED 54 per sqft
15 Sep 2021RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
15 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
21 Jun 2018Sold by developerOff-plan
AED 470,000AED 973 per sqft

Source: Dubai Land Department. Updated 16 September 2025.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
1st of 6
Parking
G-27
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 470K · June 2018
Building
MAG 560

About 111, MAG 560

111 is a one-bedroom apartment of 483 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 21 June 2018 for AED 470,000, or AED 973 per sqft, 8% above the AED 900 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 16 September 2025, is AED 40,000 a year: a gross yield of 8.5% on the 2018 price, before the service charge of about AED 8,600 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in MAG 560
400K500K600K2017202020232026Typical sale price by year: 2017 AED 465,600; 2018 AED 466,695; 2019 AED 472,558; 2020 AED 480,000; 2021 AED 443,897; 2022 AED 416,123; 2024 AED 460,000; 2025 AED 632,108Sold by developer, June 2018: AED 470,000 (AED 973 per sqft)

111 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 111, each contractTypical one-bed in MAG 560
20K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 24,500; 2022 AED 26,000; 2023 AED 30,000; 2024 AED 38,000; 2025 AED 47,868; 2026 AED 50,000New contract, September 2020: AED 22,000 a yearRenewal, September 2021: AED 24,000 a yearRenewal, September 2022: AED 26,000 a yearRenewal, September 2023: AED 30,000 a yearRenewal, September 2024: AED 35,900 a yearRenewal, September 2025: AED 40,000 a year

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

1-beds in MAG 560, and where 111 sits

All 60 1-beds →

111 last sold in June 2018 at AED 973 per sqft, 8% above what one-beds in MAG 560 were fetching at the time (AED 900). Over the last 12 months one-beds sold for AED 620,000 to 715,000, around AED 1,047 per sqft, and rent for AED 35,000 to 62,000 a year. 111's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026715,000
17 Nov 2025620,000
12 May 2025700,000
20 Feb 2025644,215
2 1-bed 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
102StudioAED 300K · Jun 2023
103StudioAED 380K · Sep 2019
1041-bedAED 360K · Jan 2024
1052-bedAED 510K · Sep 2023
1061-bedAED 358K · Dec 2020
107StudioAED 340K · Sep 2019
1–7 of 21

111, MAG 560 in numbers

  • Sold once: by MAG on 21 June 2018 for AED 470,000, or AED 973 per sqft.
  • Rented since September 2020 on 6 Ejari contracts, from AED 22,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 8.5%, before a service charge of about AED 8,600 a year (AED 17.79 per sqft).
  • One-beds in MAG 560 sold for AED 620,000–715,000 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 16 September 2025.

Questions about 111, MAG 560

What did unit 111 last sell for?

AED 470,000 on 21 June 2018, sold by the developer: AED 973 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 40,000 a year on the contract renewed on 16 September 2025. The previous contract, from September 2024, was AED 35,900; the unit has been rented since September 2020.

How big is unit 111?

483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 560 sold for AED 620,000 to 715,000 in the last 12 months, around AED 1,047 per sqft.

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Mortgage on 111, MAG 560

Starts from the last sale price (AED 470K, 21 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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