302, MAG 560
Sold prices and rental history: sold once, by the developer in April 2019, 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 302, MAG 560
What is 302 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 3rd of 6
- Parking
- G-78
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,900 /yr
- Last sold
- AED 330K · April 2019
- Building
- MAG 560
About 302, MAG 560
302 is a studio of 387 sqft on the 3rd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 17 April 2019 for AED 330,000, or AED 852 per sqft, 4% below the AED 885 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 40,000 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 6,900 a year.
Sales and rents for 302 over time
302 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 302 sits
All 60 studios →302 last sold in April 2019 at AED 852 per sqft, 4% below what studios in MAG 560 were fetching at the time (AED 885). 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. 302's AED 40,000 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 | ||
| 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 3rd floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 530KAED 530,000 · Apr 2018April 2018 | 44,000 /yr | |
| 303 | Studio | 365 sqft | AED 243KAED 243,000 · May 2023May 2023 | 38,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 420KAED 420,000 · Aug 2017August 2017 | 40,000 /yr | |
| 305 | 2-bed | 666 sqft | AED 499KAED 499,000 · Jul 2023July 2023 | 31,000 /yr | |
| 306 | 1-bed | 483 sqft | AED 465KAED 465,000 · Jul 2019July 2019 | 27,000 /yr | |
| 307 | Studio | 387 sqft | AED 266KAED 266,000 · Aug 2022August 2022 | 35,000 /yr | |
| 308 | Studio | 347 sqft | AED 225KAED 225,000 · Aug 2022August 2022 | 39,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 410KAED 410,000 · Oct 2017October 2017 | ||
| 310 | 2-bed | 665 sqft | AED 750KAED 750,000 · Jul 2025July 2025 | 28,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 447KAED 447,000 · Oct 2017October 2017 | ||
| 312 | 1-bed | 656 sqft | AED 700KAED 700,000 · May 2025May 2025 | 53,100 /yr | |
| 313 | 1-bed | 622 sqft | AED 365KAED 365,000 · Nov 2021November 2021 | 55,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 715KAED 715,000 · Feb 2026February 2026 | 55,000 /yr | |
| 315 | Studio | 410 sqft | AED 340KAED 340,000 · Jun 2018June 2018 | 41,000 /yr | |
| 316 | Studio | 410 sqft | AED 270KAED 270,000 · Aug 2021August 2021 | 38,000 /yr | |
| 317 | Studio | 437 sqft | AED 287KAED 286,689 · Jul 2021July 2021 | ||
| 318 | Studio | 437 sqft | AED 400KAED 400,000 · Dec 2017December 2017 | 38,000 /yr | |
| 319 | 1-bed | 514 sqft | AED 460KAED 460,000 · Dec 2017December 2017 | 45,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 288KAED 288,000 · Aug 2021August 2021 | 53,000 /yr | |
| 321 | Studio | 360 sqft | AED 325KAED 325,000 · Dec 2023December 2023 | 33,000 /yr | |
| 322 | Studio | 360 sqft | AED 450KAED 450,000 · Jan 2025January 2025 | 40,000 /yr |
302, MAG 560 in numbers
- Sold once: by MAG on 17 April 2019 for AED 330,000, or AED 852 per sqft.
- Rented since April 2020 on 8 Ejari contracts, from AED 23,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2019 price is 12.1%, before a service charge of about AED 6,900 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 April 2026.
Questions about 302, MAG 560
What did unit 302 last sell for?
AED 330,000 on 17 April 2019, sold by the developer: AED 852 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 40,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 36,000; the unit has been rented since April 2020.
How big is unit 302?
387 sqft (36.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 302 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 302, MAG 560
Starts from the last sale price (AED 330K, 17 April 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 330,000
- Deposit, UAE resident (20%)
- AED 66,000
- Deposit, non-resident (40%)
- AED 132,000
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →