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Studio · 387 sqftMAG 560, Dubai South · 3rd floor · completed 2020

307, MAG 560

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 25 July 2025
Last soldAED 266K19 August 2022
Current rentAED 35K /yr25 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 307, MAG 560

What is 307 worth today?

Last sold for AED 266,000 in 2022

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25 Jul 2025RentedNew contract
AED 35,000/yr12 months · AED 90 per sqft
19 Aug 2022SoldReady
AED 266,000AED 687 per sqft
25 Jul 2022RentedRenewal
AED 20,000/yr12 months · AED 52 per sqft
25 Jul 2021RentedNew contract
AED 18,000/yr12 months · AED 47 per sqft
1 Jul 2020RentedNew contract
AED 19,000/yr12 months · AED 49 per sqft
23 May 2019Sold by developerOff-plan
AED 340,000AED 878 per sqft

Source: Dubai Land Department. Updated 25 July 2025.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
3rd of 6
Parking
G-52
Developer
MAG
Completed
2020
Service charge
AED 6,900 /yr
Last sold
AED 266K · August 2022
Building
MAG 560

About 307, MAG 560

307 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. It last sold on 19 August 2022 for AED 266,000, or AED 687 per sqft, in line with the AED 667 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 25 July 2025, is AED 35,000 a year: a gross yield of 13.2% on the 2022 price, before the service charge of about AED 6,900 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, May 2019: AED 340,000 (AED 878 per sqft)Sold, August 2022: AED 266,000 (AED 687 per sqft)

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

Rents
Unit 307, 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, July 2020: AED 19,000 a yearNew contract, July 2021: AED 18,000 a yearRenewal, July 2022: AED 20,000 a yearNew contract, July 2025: AED 35,000 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 307 sits

All 60 studios →

307 last sold in August 2022 at AED 687 per sqft, in line with what studios in MAG 560 were fetching at the time (AED 667). 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. 307's AED 35,000 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
303StudioAED 243K · May 2023
3041-bedAED 420K · Aug 2017
3052-bedAED 499K · Jul 2023
3061-bedAED 465K · Jul 2019
308StudioAED 225K · Aug 2022
1–7 of 21

307, MAG 560 in numbers

  • Sold twice: first on 23 May 2019 for AED 340,000, last on 19 August 2022 for AED 266,000 (AED 687 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 19,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 13.2%, 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 25 July 2025.

Questions about 307, MAG 560

What did unit 307 last sell for?

AED 266,000 on 19 August 2022: AED 687 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 340,000 in May 2019.

What is the rent for unit 307?

AED 35,000 a year on the contract signed on 25 July 2025. The previous contract, from July 2022, was AED 20,000; the unit has been rented since July 2020.

How big is unit 307?

387 sqft (36.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 307 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 307, MAG 560

Starts from the last sale price (AED 266K, 19 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 266,000
Deposit, UAE resident (20%)
AED 53,200
Deposit, non-resident (40%)
AED 106,400
Monthly over 25 years at 3.7%
AED 1,088

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