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Studio · 365 sqftMAG 560, Dubai South · 2nd floor · completed 2020

203, MAG 560

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 369K15 October 2017
Current rentAED 29K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 203, MAG 560

What is 203 worth today?

Last sold for AED 369,150 in 2017

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1 Jun 2025RentedRenewal
AED 28,500/yr12 months · AED 78 per sqft
1 Jun 2025RentedRenewal
AED 28,500/yr12 months · AED 78 per sqft
1 Jun 2024RentedRenewal
AED 27,600/yr12 months · AED 75 per sqft
1 Jun 2023RentedRenewal
AED 24,000/yr12 months · AED 66 per sqft
1 Jun 2022RentedNew contract
AED 23,000/yr12 months · AED 63 per sqft
21 Mar 2021RentedRenewal
AED 24,000/yr12 months · AED 66 per sqft
21 Mar 2020RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
15 Oct 2017Sold by developerOff-plan
AED 369,150AED 1,011 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
2nd of 6
Parking
G-25
Developer
MAG
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 369K · October 2017
Building
MAG 560

About 203, MAG 560

203 is a studio of 365 sqft on the 2nd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 15 October 2017 for AED 369,150, or AED 1,011 per sqft, 10% above the AED 921 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 28,500 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 6,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, October 2017: AED 369,150 (AED 1,011 per sqft)

203 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 203, 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, March 2020: AED 25,000 a yearRenewal, March 2021: AED 24,000 a yearNew contract, June 2022: AED 23,000 a yearRenewal, June 2023: AED 24,000 a yearRenewal, June 2024: AED 27,600 a yearRenewal, June 2025: AED 28,500 a yearRenewal, June 2025: AED 28,500 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 203 sits

All 60 studios →

203 last sold in October 2017 at AED 1,011 per sqft, 10% above what studios in MAG 560 were fetching at the time (AED 921). 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. 203's AED 28,500 is in the lower 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 2025430,000
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 2nd floor

All 132 units in MAG 560
Value
2011-bedAED 400K · Feb 2022
202StudioAED 275K · Oct 2022
2041-bedAED 430K · Aug 2018
2052-bedAED 710K · Aug 2025
2061-bedAED 475K · Jul 2024
207StudioAED 320K · Jan 2024
208StudioAED 310K · Jul 2017
1–7 of 21

203, MAG 560 in numbers

  • Sold once: by MAG on 15 October 2017 for AED 369,150, or AED 1,011 per sqft.
  • Rented since March 2020 on 7 Ejari contracts, from AED 25,000 to AED 28,500 a year.
  • At AED 28,500 a year the gross yield on the 2017 price is 7.7%, before a service charge of about AED 6,500 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 1 June 2025.

Questions about 203, MAG 560

What did unit 203 last sell for?

AED 369,150 on 15 October 2017, sold by the developer: AED 1,011 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 28,500 a year on the contract renewed on 1 June 2025. The previous contract, from June 2025, was AED 28,500; the unit has been rented since March 2020.

How big is unit 203?

365 sqft (33.9 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 203 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 203, MAG 560

Starts from the last sale price (AED 369K, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 369,150
Deposit, UAE resident (20%)
AED 73,830
Deposit, non-resident (40%)
AED 147,660
Monthly over 25 years at 3.7%
AED 1,510

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