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Studio · 347 sqftMAG 560, Dubai South · 2nd floor · completed 2020

208, MAG 560

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

Unit 208 · DLD and Ejari recordsUpdated 22 January 2026
Last soldAED 310K19 July 2017
Current rentAED 42K /yr22 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 208, MAG 560

What is 208 worth today?

Last sold for AED 310,000 in 2017

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22 Jan 2026RentedRenewal
AED 42,000/yr12 months · AED 121 per sqft
22 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 115 per sqft
5 Apr 2024RentedNew contract
AED 37,000/yr12 months · AED 107 per sqft
26 Jun 2020RentedNew contract
AED 18,000/yr12 months · AED 52 per sqft
19 Jul 2017Sold by developerOff-plan
AED 310,000AED 892 per sqft

Source: Dubai Land Department. Updated 22 January 2026.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
2nd of 6
Parking
G-51
Developer
MAG
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 310K · July 2017
Building
MAG 560

About 208, MAG 560

208 is a studio of 347 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 19 July 2017 for AED 310,000, or AED 892 per sqft, 4% above the AED 860 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 22 January 2026, is AED 42,000 a year: a gross yield of 13.6% on the 2017 price, before the service charge of about AED 6,200 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, July 2017: AED 310,000 (AED 892 per sqft)

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

Rents
Unit 208, each contractTypical studio in MAG 560
20K40K2020202220242026Typical 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, June 2020: AED 18,000 a yearNew contract, April 2024: AED 37,000 a yearNew contract, January 2025: AED 40,000 a yearRenewal, January 2026: AED 42,000 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 208 sits

All 60 studios →

208 last sold in July 2017 at AED 892 per sqft, 4% above what studios in MAG 560 were fetching at the time (AED 860). 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. 208's AED 42,000 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 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
203StudioAED 369K · Oct 2017
2041-bedAED 430K · Aug 2018
2052-bedAED 710K · Aug 2025
2061-bedAED 475K · Jul 2024
207StudioAED 320K · Jan 2024
1–7 of 21

208, MAG 560 in numbers

  • Sold once: by MAG on 19 July 2017 for AED 310,000, or AED 892 per sqft.
  • Rented since June 2020 on 4 Ejari contracts, from AED 18,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2017 price is 13.6%, before a service charge of about AED 6,200 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 22 January 2026.

Questions about 208, MAG 560

What did unit 208 last sell for?

AED 310,000 on 19 July 2017, sold by the developer: AED 892 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 42,000 a year on the contract renewed on 22 January 2026. The previous contract, from January 2025, was AED 40,000; the unit has been rented since June 2020.

How big is unit 208?

347 sqft (32.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 208 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 208, MAG 560

Starts from the last sale price (AED 310K, 19 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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