Home
Dubai prices
About
Research
1-bed · 514 sqftMAG 560, Dubai South · 1st floor · completed 2020

120, MAG 560

Sold prices and rental history: sold once, by the developer in May 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 10 August 2026
Last soldAED 465K9 May 2018
Current rentAED 44K /yr10 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 120

Property timeline for 120, MAG 560

What is 120 worth today?

Last sold for AED 465,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Aug 2026RentedRenewal
AED 44,000/yr12 months · AED 85 per sqft
10 Aug 2025RentedRenewal
AED 44,000/yr12 months · AED 85 per sqft
10 Aug 2024RentedRenewal
AED 39,000/yr12 months · AED 75 per sqft
10 Aug 2023RentedRenewal
AED 32,000/yr12 months · AED 62 per sqft
10 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
9 May 2018Sold by developerOff-plan
AED 465,000AED 904 per sqft

Source: Dubai Land Department. Updated 10 August 2026.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
1st of 6
Parking
G-20
Developer
MAG
Completed
2020
Service charge
AED 9,100 /yr
Last sold
AED 465K · May 2018
Building
MAG 560

About 120, MAG 560

120 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 9 May 2018 for AED 465,000, or AED 904 per sqft, in line with the AED 902 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 44,000 a year: a gross yield of 9.5% on the 2018 price, before the service charge of about AED 9,100 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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, May 2018: AED 465,000 (AED 904 per sqft)

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

Rents
Unit 120, 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 2022: AED 30,000 a yearRenewal, August 2023: AED 32,000 a yearRenewal, August 2024: AED 39,000 a yearRenewal, August 2025: AED 44,000 a yearRenewal, August 2026: AED 44,000 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 120 sits

All 60 1-beds →

120 last sold in May 2018 at AED 904 per sqft, in line with what one-beds in MAG 560 were fetching at the time (AED 902). 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. 120's AED 44,000 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

120, MAG 560 in numbers

  • Sold once: by MAG on 9 May 2018 for AED 465,000, or AED 904 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 30,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2018 price is 9.5%, 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 10 August 2026.

Questions about 120, MAG 560

What did unit 120 last sell for?

AED 465,000 on 9 May 2018, sold by the developer: AED 904 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 44,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 44,000; the unit has been rented since August 2022.

How big is unit 120?

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

What is unit 120 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.

Selling 120? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 120, MAG 560

Starts from the last sale price (AED 465K, 9 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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