1-bed · 638 sqftMAG 560, Dubai South · 1st floor · completed 2020

114, MAG 560

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 27 September 2026
Last soldAED 580K13 December 2024
Current rentAED 50K /yr27 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 114, MAG 560

What is 114 worth today?

Last sold for AED 580,000 in 2024

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27 Sep 2026RentedNew contract
AED 50,000/yr12 months · AED 79 per sqft
25 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 87 per sqft
13 Dec 2024SoldReady
AED 580,000AED 909 per sqft
12 Dec 2024RentedNew contract
AED 43,179/yr11 months · AED 68 per sqft
24 May 2024SoldReady
AED 400,000AED 627 per sqft
7 Nov 2023RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft
7 Nov 2022RentedNew contract
AED 30,000/yr12 months · AED 47 per sqft
10 Oct 2022Sold by developerReady
AED 455,485AED 714 per sqft

Source: Dubai Land Department. Updated 27 September 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
1st of 6
Parking
G-14
Developer
MAG
Completed
2020
Service charge
AED 11,300 /yr
Last sold
AED 580K · December 2024
Building
MAG 560

About 114, MAG 560

114 is a one-bedroom apartment of 638 sqft on the 1st floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 13 December 2024 for AED 580,000, or AED 909 per sqft, in line with the AED 909 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 27 September 2026, is AED 50,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 11,300 a year.

Sales and rents for 114 over time

Sales
Unit 114, each saleTypical one-bed in MAG 560
400K600K2017202020232026Typical 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, October 2022: AED 455,485 (AED 714 per sqft)Sold, May 2024: AED 400,000 (AED 627 per sqft)Sold, December 2024: AED 580,000 (AED 909 per sqft)

114 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 114, each contractTypical one-bed in MAG 560
20K40K60K2020202220242026Typical 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, August 2020: AED 24,000 a yearNew contract, September 2021: AED 25,000 a yearNew contract, November 2022: AED 30,000 a yearRenewal, November 2023: AED 30,000 a yearNew contract, December 2024: AED 43,179 a yearNew contract, September 2025: AED 55,000 a yearNew contract, September 2026: AED 50,000 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 114 sits

All 60 1-beds →

114 last sold in December 2024 at AED 909 per sqft, in line with what one-beds in MAG 560 were fetching at the time (AED 909). 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. 114's AED 50,000 is in the upper 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

114, MAG 560 in numbers

  • Sold 3 times: first on 10 October 2022 for AED 455,485, last on 13 December 2024 for AED 580,000 (AED 909 per sqft).
  • Rented since August 2020 on 7 Ejari contracts, from AED 24,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 11,300 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 27 September 2026.

Questions about 114, MAG 560

What did unit 114 last sell for?

AED 580,000 on 13 December 2024: AED 909 per sqft for 638 sqft. The unit has 3 registered sales; the first was AED 455,485 in October 2022.

What is the rent for unit 114?

AED 50,000 a year on the contract signed on 27 September 2026. The previous contract, from September 2025, was AED 55,000; the unit has been rented since August 2020.

How big is unit 114?

638 sqft (59.3 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 114 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 114, MAG 560

Starts from the last sale price (AED 580K, 13 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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