221, MAG 560
Sold prices and rental history: sold once, by the developer in July 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 221, MAG 560
What is 221 worth today?
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Source: Dubai Land Department. Updated 2 July 2021.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 2nd of 6
- Parking
- G-117
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 310K · July 2017
- Building
- MAG 560
About 221, MAG 560
221 is a studio of 360 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 860 per sqft, in line with the AED 860 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 2 July 2021, is AED 19,000 a year: a gross yield of 6.1% on the 2017 price, before the service charge of about AED 6,400 a year.
Sales and rents for 221 over time
221 has sold once; 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 221 sits
All 60 studios →221 last sold in July 2017 at AED 860 per sqft, in line with 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. 221's AED 19,000 is at the bottom 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 | ||
| 4 Dec 20254 December 2025 | 410 sqft | 495,000 | 1,206 | ||
| 15 Sep 202515 September 2025 | 437 sqft | 465,000 | 1,064 | ||
| 11 Aug 202511 August 2025 | 360 sqft | 430,000 | 1,194 |
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 | |
| 216 | Studio | 410 sqft | AED 495KAED 495,000 · Dec 2025December 2025 | 45,000 /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 | |
| 222 | Studio | 360 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 38,000 /yr |
221, MAG 560 in numbers
- Sold once: by MAG on 19 July 2017 for AED 310,000, or AED 860 per sqft.
- Rented since July 2020 on 2 Ejari contracts, at AED 19,000 a year.
- At AED 19,000 a year the gross yield on the 2017 price is 6.1%, 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 2 July 2021.
Questions about 221, MAG 560
What did unit 221 last sell for?
AED 310,000 on 19 July 2017, sold by the developer: AED 860 per sqft for 360 sqft. It is the only registered sale of the unit.
What is the rent for unit 221?
AED 19,000 a year on the contract renewed on 2 July 2021. The previous contract, from July 2020, was AED 19,000.
How big is unit 221?
360 sqft (33.4 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 221 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 221, 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 →