1-bed · 478 sqftMAG 560, Dubai South · 4th floor · completed 2020

404, MAG 560

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 2 May 2026
Last soldAED 415K17 August 2017
Current rentAED 53K /yr2 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, MAG 560

What is 404 worth today?

Last sold for AED 415,000 in 2017

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2 May 2026RentedNew contract
AED 53,000/yr12 months · AED 112 per sqft
1 Apr 2023RentedNew contract
AED 31,000/yr12 months · AED 65 per sqft
12 Nov 2021RentedNew contract
AED 31,000/yr12 months · AED 65 per sqft
17 Aug 2017Sold by developerOff-plan
AED 415,000AED 867 per sqft

Source: Dubai Land Department. Updated 2 May 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
4th of 6
Parking
G-71
Developer
MAG
Completed
2020
Service charge
AED 8,500 /yr
Last sold
AED 415K · August 2017
Building
MAG 560

About 404, MAG 560

404 is a one-bedroom apartment of 478 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 17 August 2017 for AED 415,000, or AED 867 per sqft, 6% below the AED 924 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 2 May 2026, is AED 53,000 a year: a gross yield of 12.8% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, August 2017: AED 415,000 (AED 867 per sqft)

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

Rents
Unit 404, 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, November 2021: AED 31,000 a yearNew contract, April 2023: AED 31,000 a yearNew contract, May 2026: AED 53,000 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 404 sits

All 60 1-beds →

404 last sold in August 2017 at AED 867 per sqft, 6% below what one-beds in MAG 560 were fetching at the time (AED 924). 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. 404's AED 53,000 is in the upper half 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
4011-bedAED 444K · Oct 2021
402StudioAED 320K · Jul 2017
403StudioAED 356K · Nov 2023
4052-bedAED 438K · Aug 2021
4061-bedAED 472K · Apr 2018
407StudioAED 293K · Jul 2023
408StudioAED 325K · Aug 2017
1–7 of 21

404, MAG 560 in numbers

  • Sold once: by MAG on 17 August 2017 for AED 415,000, or AED 867 per sqft.
  • Rented since November 2021 on 3 Ejari contracts, from AED 31,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2017 price is 12.8%, before a service charge of about AED 8,500 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 2 May 2026.

Questions about 404, MAG 560

What did unit 404 last sell for?

AED 415,000 on 17 August 2017, sold by the developer: AED 867 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 53,000 a year on the contract signed on 2 May 2026. The previous contract, from April 2023, was AED 31,000; the unit has been rented since November 2021.

How big is unit 404?

478 sqft (44.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 404 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 404, MAG 560

Starts from the last sale price (AED 415K, 17 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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