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1-bed · 514 sqftMAG 560, Dubai South · 1st floor · completed 2020

119, MAG 560

Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 5 October 2021
Last soldAED 480K3 October 2019
Current rentAED 22K /yr5 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, MAG 560

What is 119 worth today?

Last sold for AED 480,000 in 2019

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5 Oct 2021RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
25 Aug 2020RentedNew contract
AED 20,000/yr12 months · AED 39 per sqft
3 Oct 2019Sold by developerOff-plan
AED 480,000AED 934 per sqft

Source: Dubai Land Department. Updated 5 October 2021.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
1st of 6
Parking
G-19
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 480K · October 2019
Building
MAG 560

About 119, MAG 560

119 is a one-bedroom apartment of 514 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 3 October 2019 for AED 480,000, or AED 934 per sqft, in line with the AED 909 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 5 October 2021, is AED 22,000 a year: a gross yield of 4.6% on the 2019 price, before the service charge of about AED 9,100 a year.

Sales and rents for 119 over time

Sales
Unit 119, 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, October 2019: AED 480,000 (AED 934 per sqft)

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

Rents
Unit 119, 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, August 2020: AED 20,000 a yearNew contract, October 2021: AED 22,000 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 119 sits

All 60 1-beds →

119 last sold in October 2019 at AED 934 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. 119's AED 22,000 is at the bottom 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

119, MAG 560 in numbers

  • Sold once: by MAG on 3 October 2019 for AED 480,000, or AED 934 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 20,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2019 price is 4.6%, before a service charge of about AED 9,100 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 5 October 2021.

Questions about 119, MAG 560

What did unit 119 last sell for?

AED 480,000 on 3 October 2019, sold by the developer: AED 934 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 119?

AED 22,000 a year on the contract signed on 5 October 2021. The previous contract, from August 2020, was AED 20,000.

How big is unit 119?

514 sqft (47.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 119 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 119, MAG 560

Starts from the last sale price (AED 480K, 3 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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