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2-bed · 666 sqftMAG 560, Dubai South · 4th floor · completed 2020

405, MAG 560

Sold prices and rental history: sold once, by the developer in August 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 18 July 2026
Last soldAED 438K26 August 2021
Current rentAED 53K /yr18 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 405, MAG 560

What is 405 worth today?

Last sold for AED 437,500 in 2021

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18 Jul 2026RentedRenewal
AED 52,500/yr12 months · AED 79 per sqft
18 Jul 2025RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
18 Jul 2025RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
17 Jul 2024RentedNew contract
AED 49,866/yr12 months · AED 75 per sqft
25 Apr 2023RentedNew contract
AED 29,500/yr12 months · AED 44 per sqft
25 Apr 2022RentedNew contract
AED 30,500/yr12 months · AED 46 per sqft
26 Aug 2021Sold by developerReady
AED 437,500AED 656 per sqft

Source: Dubai Land Department. Updated 18 July 2026.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
4th of 6
Parking
G-72
Developer
MAG
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 438K · August 2021
Building
MAG 560

About 405, MAG 560

405 is a two-bedroom apartment of 666 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 26 August 2021 for AED 437,500, or AED 656 per sqft.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 18 July 2026, is AED 52,500 a year: a gross yield of 12.0% on the 2021 price, before the service charge of about AED 11,800 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in MAG 560
400K600K2019202120232025Typical sale price by year: 2019 AED 571,860; 2022 AED 469,857; 2023 AED 504,500; 2025 AED 710,000Sold by developer, August 2021: AED 437,500 (AED 656 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in MAG 560
40K2020202220242026Typical rent by year: 2020 AED 40,000; 2021 AED 30,500; 2022 AED 30,750; 2023 AED 41,000; 2024 AED 49,658; 2025 AED 50,000; 2026 AED 52,500New contract, April 2022: AED 30,500 a yearNew contract, April 2023: AED 29,500 a yearNew contract, July 2024: AED 49,866 a yearRenewal, July 2025: AED 50,000 a yearRenewal, July 2025: AED 50,000 a yearRenewal, July 2026: AED 52,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 560, and where 405 sits

All 12 2-beds →

405's AED 52,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Sep 2025700,000
13 Aug 2025710,000
23 Jul 2025750,000
17 Nov 2023580,000
0 2-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
4041-bedAED 415K · Aug 2017
4061-bedAED 472K · Apr 2018
407StudioAED 293K · Jul 2023
408StudioAED 325K · Aug 2017
1–7 of 21

405, MAG 560 in numbers

  • Sold once: by MAG on 26 August 2021 for AED 437,500, or AED 656 per sqft.
  • Rented since April 2022 on 6 Ejari contracts, from AED 30,500 to AED 52,500 a year.
  • At AED 52,500 a year the gross yield on the 2021 price is 12.0%, before a service charge of about AED 11,800 a year (AED 17.79 per sqft).

Source: Dubai Land Department. Updated 18 July 2026.

Questions about 405, MAG 560

What did unit 405 last sell for?

AED 437,500 on 26 August 2021, sold by the developer: AED 656 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 52,500 a year on the contract renewed on 18 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since April 2022.

How big is unit 405?

666 sqft (61.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 405, MAG 560

Starts from the last sale price (AED 438K, 26 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 437,500
Deposit, UAE resident (20%)
AED 87,500
Deposit, non-resident (40%)
AED 175,000
Monthly over 25 years at 3.7%
AED 1,790

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