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1-bed · 483 sqftMAG 560, Dubai South · 3rd floor · completed 2020

311, MAG 560

Sold prices and rental history: sold once, by the developer in October 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 4 October 2017
Last soldAED 447K4 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, MAG 560

What is 311 worth today?

Last sold for AED 447,000 in 2017

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4 Oct 2017Sold by developerOff-plan
AED 447,000AED 925 per sqft

Source: Dubai Land Department. Updated 4 October 2017.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
3rd of 6
Parking
G-31
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 447K · October 2017
Building
MAG 560

About 311, MAG 560

311 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 4 October 2017 for AED 447,000, or AED 925 per sqft, in line with the AED 918 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 311 over time

Sales
Unit 311, 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, October 2017: AED 447,000 (AED 925 per sqft)

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

Rents
Unit 311, 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 50,000

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 311 sits

All 60 1-beds →

311 last sold in October 2017 at AED 925 per sqft, in line with what one-beds in MAG 560 were fetching at the time (AED 918). 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.

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
3061-bedAED 465K · Jul 2019
307StudioAED 266K · Aug 2022
1–7 of 21

311, MAG 560 in numbers

  • Sold once: by MAG on 4 October 2017 for AED 447,000, or AED 925 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 4 October 2017.

Questions about 311, MAG 560

What did unit 311 last sell for?

AED 447,000 on 4 October 2017, sold by the developer: AED 925 per sqft for 483 sqft. It is the only registered sale of the unit.

How big is unit 311?

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

What is unit 311 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.

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Mortgage on 311, MAG 560

Starts from the last sale price (AED 447K, 4 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 447,000
Deposit, UAE resident (20%)
AED 89,400
Deposit, non-resident (40%)
AED 178,800
Monthly over 25 years at 3.7%
AED 1,829

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