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Studio · 365 sqftMAG 560, Dubai South · 3rd floor · completed 2020

303, MAG 560

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 5 September 2025
Last soldAED 243K4 May 2023
Current rentAED 38K /yr5 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 303, MAG 560

What is 303 worth today?

Last sold for AED 243,000 in 2023

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5 Sep 2025RentedNew contract
AED 38,000/yr12 months · AED 104 per sqft
22 Jul 2024RentedNew contract
AED 36,000/yr12 months · AED 99 per sqft
1 Jul 2023RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
4 May 2023SoldReady
AED 243,000AED 665 per sqft
26 Jun 2022RentedNew contract
AED 19,000/yr12 months · AED 52 per sqft
13 Jun 2021RentedNew contract
AED 17,000/yr12 months · AED 47 per sqft
10 Jun 2020RentedNew contract
AED 17,000/yr12 months · AED 47 per sqft
10 Apr 2019Sold by developerOff-plan
AED 340,000AED 931 per sqft

Source: Dubai Land Department. Updated 5 September 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
3rd of 6
Parking
G-48
Developer
MAG
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 243K · May 2023
Building
MAG 560

About 303, MAG 560

303 is a studio of 365 sqft on the 3rd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 4 May 2023 for AED 243,000, or AED 665 per sqft, 6% below the AED 710 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 5 September 2025, is AED 38,000 a year: a gross yield of 15.6% on the 2023 price, before the service charge of about AED 6,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, April 2019: AED 340,000 (AED 931 per sqft)Sold, May 2023: AED 243,000 (AED 665 per sqft)

303 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 303, 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, June 2020: AED 17,000 a yearNew contract, June 2021: AED 17,000 a yearNew contract, June 2022: AED 19,000 a yearNew contract, July 2023: AED 25,000 a yearNew contract, July 2024: AED 36,000 a yearNew contract, September 2025: AED 38,000 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 303 sits

All 60 studios →

303 last sold in May 2023 at AED 665 per sqft, 6% below what studios in MAG 560 were fetching at the time (AED 710). 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. 303's AED 38,000 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 3rd floor

All 132 units in MAG 560
Value
3011-bedAED 530K · Apr 2018
302StudioAED 330K · Apr 2019
3041-bedAED 420K · Aug 2017
3052-bedAED 499K · Jul 2023
3061-bedAED 465K · Jul 2019
307StudioAED 266K · Aug 2022
308StudioAED 225K · Aug 2022
1–7 of 21

303, MAG 560 in numbers

  • Sold twice: first on 10 April 2019 for AED 340,000, last on 4 May 2023 for AED 243,000 (AED 665 per sqft).
  • Rented since June 2020 on 6 Ejari contracts, from AED 17,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 15.6%, 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 5 September 2025.

Questions about 303, MAG 560

What did unit 303 last sell for?

AED 243,000 on 4 May 2023: AED 665 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 340,000 in April 2019.

What is the rent for unit 303?

AED 38,000 a year on the contract signed on 5 September 2025. The previous contract, from July 2024, was AED 36,000; the unit has been rented since June 2020.

How big is unit 303?

365 sqft (33.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 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 303, MAG 560

Starts from the last sale price (AED 243K, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 243,000
Deposit, UAE resident (20%)
AED 48,600
Deposit, non-resident (40%)
AED 97,200
Monthly over 25 years at 3.7%
AED 994

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