Studio · 360 sqftMAG 560, Dubai South · 1st floor · completed 2020

121, MAG 560

Sold prices and rental history: sold twice, last in August 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 25 August 2026
Last soldAED 430K11 August 2025
Current rentAED 37K /yr25 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 121, MAG 560

What is 121 worth today?

Last sold for AED 430,000 in 2025

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25 Aug 2026RentedRenewal
AED 37,000/yr12 months · AED 104 per sqft
25 Aug 2025RentedNew contract
AED 41,000/yr12 months · AED 115 per sqft
11 Aug 2025SoldReady
AED 430,000AED 1,194 per sqft
1 Jun 2024RentedRenewal
AED 26,000/yr12 months · AED 72 per sqft
1 Jun 2023RentedNew contract
AED 26,000/yr12 months · AED 72 per sqft
1 Apr 2020RentedNew contract
AED 19,000/yr12 months · AED 53 per sqft
25 Feb 2020RentedNew contract
AED 19,000/yr12 months · AED 53 per sqft
7 Nov 2019Sold by developerOff-plan
AED 350,000AED 972 per sqft

Source: Dubai Land Department. Updated 25 August 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
1st of 6
Parking
G-21
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 430K · August 2025
Building
MAG 560

About 121, MAG 560

121 is a studio of 360 sqft on the 1st floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 11 August 2025 for AED 430,000, or AED 1,194 per sqft, 6% above the AED 1,122 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 25 August 2026, is AED 37,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 6,400 a year.

Sales and rents for 121 over time

Sales
Unit 121, each saleTypical studio in MAG 560
300K400K2017202020232026Typical sale price by year: 2017 AED 342,780; 2018 AED 340,000; 2019 AED 350,000; 2020 AED 327,750; 2021 AED 278,847; 2022 AED 299,000; 2023 AED 320,000; 2024 AED 370,000; 2025 AED 460,000Sold by developer, November 2019: AED 350,000 (AED 972 per sqft)Sold, August 2025: AED 430,000 (AED 1,194 per sqft)

121 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 121, each contractTypical studio in MAG 560
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 19,000; 2022 AED 21,250; 2023 AED 25,000; 2024 AED 31,000; 2025 AED 37,000; 2026 AED 38,000New contract, February 2020: AED 19,000 a yearNew contract, April 2020: AED 19,000 a yearNew contract, June 2023: AED 26,000 a yearRenewal, June 2024: AED 26,000 a yearNew contract, August 2025: AED 41,000 a yearRenewal, August 2026: AED 37,000 a year

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 121 sits

All 60 studios →

121 last sold in August 2025 at AED 1,194 per sqft, 6% above what studios in MAG 560 were fetching at the time (AED 1,122). 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. 121's AED 37,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jun 2026430,000
4 Dec 2025495,000
15 Sep 2025465,000
11 Aug 2025460,000
2 studio 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

121, MAG 560 in numbers

  • Sold twice: first on 7 November 2019 for AED 350,000, last on 11 August 2025 for AED 430,000 (AED 1,194 per sqft).
  • Rented since February 2020 on 6 Ejari contracts, from AED 19,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 6,400 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 25 August 2026.

Questions about 121, MAG 560

What did unit 121 last sell for?

AED 430,000 on 11 August 2025: AED 1,194 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 350,000 in November 2019.

What is the rent for unit 121?

AED 37,000 a year on the contract renewed on 25 August 2026. The previous contract, from August 2025, was AED 41,000; the unit has been rented since February 2020.

How big is unit 121?

360 sqft (33.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 121 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 121, MAG 560

Starts from the last sale price (AED 430K, 11 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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