216, MAG 560
Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 216, MAG 560
What is 216 worth today?
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Source: Dubai Land Department. Updated 14 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 2nd of 6
- Parking
- G-38
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,300 /yr
- Last sold
- AED 495K · December 2025
- Building
- MAG 560
About 216, MAG 560
216 is a studio of 410 sqft on the 2nd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 4 December 2025 for AED 495,000, or AED 1,206 per sqft, 7% 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, signed on 14 December 2025, is AED 45,000 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 7,300 a year.
Sales and rents for 216 over time
216 has sold twice; the dashed line is the studio median of each year in the building.
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 216 sits
All 60 studios →216 last sold in December 2025 at AED 1,206 per sqft, 7% 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. 216's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 410 sqft | 430,000 | 1,049 | ||
| 15 Sep 202515 September 2025 | 437 sqft | 465,000 | 1,064 | ||
| 11 Aug 202511 August 2025 | 360 sqft | 430,000 | 1,194 | ||
| 11 Aug 202511 August 2025 | 410 sqft | 460,000 | 1,121 |
MAG 560
Building132 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%
Other units on the 2nd floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 400KAED 400,000 · Feb 2022February 2022 | 50,000 /yr | |
| 202 | Studio | 387 sqft | AED 275KAED 275,000 · Oct 2022October 2022 | 16,000 /yr | |
| 203 | Studio | 365 sqft | AED 369KAED 369,150 · Oct 2017October 2017 | 28,500 /yr | |
| 204 | 1-bed | 478 sqft | AED 430KAED 430,000 · Aug 2018August 2018 | ||
| 205 | 2-bed | 666 sqft | AED 710KAED 710,000 · Aug 2025August 2025 | 36,300 /yr | |
| 206 | 1-bed | 483 sqft | AED 475KAED 475,000 · Jul 2024July 2024 | 49,000 /yr | |
| 207 | Studio | 387 sqft | AED 320KAED 320,000 · Jan 2024January 2024 | 42,000 /yr | |
| 208 | Studio | 347 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 42,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 310KAED 310,000 · Oct 2022October 2022 | 33,000 /yr | |
| 210 | 2-bed | 665 sqft | AED 580KAED 580,000 · Nov 2023November 2023 | 45,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 445KAED 445,000 · Sep 2017September 2017 | 47,000 /yr | |
| 212 | 1-bed | 656 sqft | AED 580KAED 580,000 · Jan 2025January 2025 | 55,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 480KAED 480,000 · Sep 2020September 2020 | 54,000 /yr | |
| 214 | 1-bed | 638 sqft | AED 620KAED 620,000 · Nov 2025November 2025 | 45,000 /yr | |
| 215 | Studio | 410 sqft | AED 410KAED 410,000 · Aug 2024August 2024 | 32,000 /yr | |
| 217 | Studio | 437 sqft | AED 380KAED 380,000 · Dec 2023December 2023 | 42,000 /yr | |
| 218 | Studio | 437 sqft | AED 355KAED 355,000 · Mar 2024March 2024 | 30,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 470KAED 470,000 · May 2018May 2018 | 42,000 /yr | |
| 220 | 1-bed | 514 sqft | AED 463KAED 462,507 · Aug 2017August 2017 | 50,000 /yr | |
| 221 | Studio | 360 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 19,000 /yr | |
| 222 | Studio | 360 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 38,000 /yr |
216, MAG 560 in numbers
- Sold twice: first on 15 October 2017 for AED 380,000, last on 4 December 2025 for AED 495,000 (AED 1,206 per sqft).
- Rented since August 2020 on 6 Ejari contracts, from AED 18,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 7,300 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 14 December 2025.
Questions about 216, MAG 560
What did unit 216 last sell for?
AED 495,000 on 4 December 2025: AED 1,206 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 380,000 in October 2017.
What is the rent for unit 216?
AED 45,000 a year on the contract signed on 14 December 2025. The previous contract, from October 2024, was AED 28,175; the unit has been rented since August 2020.
How big is unit 216?
410 sqft (38.1 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 216 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 216, MAG 560
Starts from the last sale price (AED 495K, 4 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →