305, MAG 560
Sold prices and rental history: sold twice, last in July 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 305, MAG 560
What is 305 worth today?
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Source: Dubai Land Department. Updated 27 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 666 sqft
- Floor
- 3rd of 6
- Parking
- G-50
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 11,800 /yr
- Last sold
- AED 499K · July 2023
- Building
- MAG 560
About 305, MAG 560
305 is a two-bedroom apartment of 666 sqft on the 3rd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 27 July 2023 for AED 499,000, or AED 749 per sqft, 6% above the AED 707 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 13 March 2022. The current contract, signed on 13 March 2022, is AED 31,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 11,800 a year.
Sales and rents for 305 over time
305 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 560, and where 305 sits
All 12 2-beds →305 last sold in July 2023 at AED 749 per sqft, 6% above what two-beds in MAG 560 were fetching at the time (AED 707). 305's AED 31,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Sep 202517 September 2025 | 666 sqft | 700,000 | 1,051 | ||
| 13 Aug 202513 August 2025 | 666 sqft | 710,000 | 1,066 | ||
| 23 Jul 202523 July 2025 | 665 sqft | 750,000 | 1,128 | ||
| 17 Nov 202317 November 2023 | 665 sqft | 580,000 | 872 |
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 | |
| 302 | Studio | 387 sqft | AED 330KAED 330,000 · Apr 2019April 2019 | 40,000 /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 | |
| 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 |
305, MAG 560 in numbers
- Sold twice: first on 29 September 2019 for AED 571,860, last on 27 July 2023 for AED 499,000 (AED 749 per sqft).
- Rented since March 2022 on one Ejari contract, at AED 31,000 a year.
- At AED 31,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 11,800 a year (AED 17.79 per sqft).
Source: Dubai Land Department. Updated 27 July 2023.
Questions about 305, MAG 560
What did unit 305 last sell for?
AED 499,000 on 27 July 2023: AED 749 per sqft for 666 sqft. The unit has 2 registered sales; the first was AED 571,860 in September 2019.
What is the rent for unit 305?
AED 31,000 a year on the contract signed on 13 March 2022.
How big is unit 305?
666 sqft (61.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 305 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 305, MAG 560
Starts from the last sale price (AED 499K, 27 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 499,000
- Deposit, UAE resident (20%)
- AED 99,800
- Deposit, non-resident (40%)
- AED 199,600
- Monthly over 25 years at 3.7%
- AED 2,042
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →