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Studio · 410 sqftMAG 560, Dubai South · 3rd floor · completed 2020

315, MAG 560

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 340K25 June 2018
Current rentAED 41K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, MAG 560

What is 315 worth today?

Last sold for AED 340,000 in 2018

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10 Apr 2026RentedNew contract
AED 41,000/yr12 months · AED 100 per sqft
20 Feb 2023RentedNew contract
AED 24,000/yr12 months · AED 59 per sqft
26 Aug 2022RentedRenewal
AED 21,000/yr12 months · AED 51 per sqft
26 Aug 2021RentedNew contract
AED 19,000/yr12 months · AED 46 per sqft
1 Jul 2020RentedNew contract
AED 19,000/yr12 months · AED 46 per sqft
25 Jun 2018Sold by developerOff-plan
AED 340,000AED 829 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
3rd of 6
Parking
G-60
Developer
MAG
Completed
2020
Service charge
AED 7,300 /yr
Last sold
AED 340K · June 2018
Building
MAG 560

About 315, MAG 560

315 is a studio of 410 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 25 June 2018 for AED 340,000, or AED 829 per sqft, 9% below the AED 913 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 10 April 2026, is AED 41,000 a year: a gross yield of 12.1% on the 2018 price, before the service charge of about AED 7,300 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, June 2018: AED 340,000 (AED 829 per sqft)

315 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 315, 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, August 2021: AED 19,000 a yearRenewal, August 2022: AED 21,000 a yearNew contract, February 2023: AED 24,000 a yearNew contract, April 2026: AED 41,000 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 315 sits

All 60 studios →

315 last sold in June 2018 at AED 829 per sqft, 9% below what studios in MAG 560 were fetching at the time (AED 913). 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. 315's AED 41,000 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
307StudioAED 266K · Aug 2022
1–7 of 21

315, MAG 560 in numbers

  • Sold once: by MAG on 25 June 2018 for AED 340,000, or AED 829 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 19,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2018 price is 12.1%, before a service charge of about AED 7,300 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 10 April 2026.

Questions about 315, MAG 560

What did unit 315 last sell for?

AED 340,000 on 25 June 2018, sold by the developer: AED 829 per sqft for 410 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 41,000 a year on the contract signed on 10 April 2026. The previous contract, from February 2023, was AED 24,000; the unit has been rented since July 2020.

How big is unit 315?

410 sqft (38.1 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 315 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 315, MAG 560

Starts from the last sale price (AED 340K, 25 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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