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1-bed · 628 sqftMAG 560, Dubai South · 4th floor · completed 2020

401, MAG 560

Sold prices and rental history: sold once, by the developer in October 2021, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 24 October 2021
Last soldAED 444K24 October 2021
Current rentAED 23K /yr5 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, MAG 560

What is 401 worth today?

Last sold for AED 443,898 in 2021

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24 Oct 2021Sold by developerReady
AED 443,898AED 706 per sqft
5 Sep 2020RentedNew contract
AED 23,000/yr12 months · AED 37 per sqft

Source: Dubai Land Department. Updated 24 October 2021.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
4th of 6
Parking
G-68
Developer
MAG
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 444K · October 2021
Building
MAG 560

About 401, MAG 560

401 is a one-bedroom apartment of 628 sqft on the 4th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 October 2021 for AED 443,898, or AED 706 per sqft, in line with the AED 706 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2020. The current contract, signed on 5 September 2020, is AED 23,000 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 11,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 2021: AED 443,898 (AED 706 per sqft)

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

Rents
Unit 401, 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, September 2020: AED 23,000 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 401 sits

All 60 1-beds →

401 last sold in October 2021 at AED 706 per sqft, in line with what one-beds in MAG 560 were fetching at the time (AED 706). 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. 401's AED 23,000 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 4th floor

All 132 units in MAG 560
Value
402StudioAED 320K · Jul 2017
403StudioAED 356K · Nov 2023
4041-bedAED 415K · Aug 2017
4052-bedAED 438K · Aug 2021
4061-bedAED 472K · Apr 2018
407StudioAED 293K · Jul 2023
408StudioAED 325K · Aug 2017
1–7 of 21

401, MAG 560 in numbers

  • Sold once: by MAG on 24 October 2021 for AED 443,898, or AED 706 per sqft.
  • Rented since September 2020 on one Ejari contract, at AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2021 price is 5.2%, before a service charge of about AED 11,200 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 24 October 2021.

Questions about 401, MAG 560

What did unit 401 last sell for?

AED 443,898 on 24 October 2021, sold by the developer: AED 706 per sqft for 628 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 23,000 a year on the contract signed on 5 September 2020.

How big is unit 401?

628 sqft (58.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 401 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 401, MAG 560

Starts from the last sale price (AED 444K, 24 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 443,898
Deposit, UAE resident (20%)
AED 88,780
Deposit, non-resident (40%)
AED 177,559
Monthly over 25 years at 3.7%
AED 1,816

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