Home
Dubai prices
About
Research
1-bed · 483 sqftMAG 560, Dubai South · 3rd floor · completed 2020

306, MAG 560

Sold prices and rental history: sold once, by the developer in July 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 10 June 2022
Last soldAED 465K11 July 2019
Current rentAED 27K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 306

Property timeline for 306, MAG 560

What is 306 worth today?

Last sold for AED 465,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jun 2022RentedRenewal
AED 27,000/yr12 months · AED 56 per sqft
10 Jun 2021RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
10 Jun 2020RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
11 Jul 2019Sold by developerOff-plan
AED 465,000AED 962 per sqft

Source: Dubai Land Department. Updated 10 June 2022.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
3rd of 6
Parking
G-30
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 465K · July 2019
Building
MAG 560

About 306, MAG 560

306 is a one-bedroom apartment of 483 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 11 July 2019 for AED 465,000, or AED 962 per sqft, 7% above the AED 899 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 27,000 a year: a gross yield of 5.8% on the 2019 price, before the service charge of about AED 8,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in MAG 560
400K500K600K2017202020232026Typical sale price by year: 2017 AED 465,600; 2018 AED 466,695; 2019 AED 472,558; 2020 AED 480,000; 2021 AED 443,897; 2022 AED 416,123; 2024 AED 460,000; 2025 AED 632,108Sold by developer, July 2019: AED 465,000 (AED 962 per sqft)

306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 306, each contractTypical one-bed in MAG 560
20K40K2020202220242026Typical rent by year: 2020 AED 24,000; 2021 AED 24,500; 2022 AED 26,000; 2023 AED 30,000; 2024 AED 38,000; 2025 AED 47,868; 2026 AED 50,000New contract, June 2020: AED 27,000 a yearNew contract, June 2021: AED 27,000 a yearRenewal, June 2022: AED 27,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 560, and where 306 sits

All 60 1-beds →

306 last sold in July 2019 at AED 962 per sqft, 7% above what one-beds in MAG 560 were fetching at the time (AED 899). Over the last 12 months one-beds sold for AED 620,000 to 715,000, around AED 1,047 per sqft, and rent for AED 35,000 to 62,000 a year. 306's AED 27,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
5 Feb 2026715,000
17 Nov 2025620,000
12 May 2025700,000
20 Feb 2025644,215
2 1-bed 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
303StudioAED 243K · May 2023
3041-bedAED 420K · Aug 2017
3052-bedAED 499K · Jul 2023
307StudioAED 266K · Aug 2022
308StudioAED 225K · Aug 2022
1–7 of 21

306, MAG 560 in numbers

  • Sold once: by MAG on 11 July 2019 for AED 465,000, or AED 962 per sqft.
  • Rented since June 2020 on 3 Ejari contracts, at AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2019 price is 5.8%, before a service charge of about AED 8,600 a year (AED 17.79 per sqft).
  • One-beds in MAG 560 sold for AED 620,000–715,000 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 10 June 2022.

Questions about 306, MAG 560

What did unit 306 last sell for?

AED 465,000 on 11 July 2019, sold by the developer: AED 962 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 27,000 a year on the contract renewed on 10 June 2022. The previous contract, from June 2021, was AED 27,000; the unit has been rented since June 2020.

How big is unit 306?

483 sqft (44.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 560 sold for AED 620,000 to 715,000 in the last 12 months, around AED 1,047 per sqft.

Selling 306? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 306, MAG 560

Starts from the last sale price (AED 465K, 11 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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