1-bed · 483 sqftMAG 560, Dubai South · 4th floor · completed 2020

406, MAG 560

Sold prices and rental history: sold once, by the developer in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 18 April 2018
Last soldAED 472K18 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, MAG 560

What is 406 worth today?

Last sold for AED 472,222 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Apr 2018Sold by developerOff-plan
AED 472,222AED 977 per sqft

Source: Dubai Land Department. Updated 18 April 2018.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
4th of 6
Parking
G-32
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 472K · April 2018
Building
MAG 560

About 406, MAG 560

406 is a one-bedroom apartment of 483 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 18 April 2018 for AED 472,222, or AED 977 per sqft, 8% above the AED 902 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, 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, April 2018: AED 472,222 (AED 977 per sqft)

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

Rents
Unit 406, 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 406 sits

All 60 1-beds →

406 last sold in April 2018 at AED 977 per sqft, 8% above what one-beds in MAG 560 were fetching at the time (AED 902). 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 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
4052-bedAED 438K · Aug 2021
407StudioAED 293K · Jul 2023
408StudioAED 325K · Aug 2017
1–7 of 21

406, MAG 560 in numbers

  • Sold once: by MAG on 18 April 2018 for AED 472,222, or AED 977 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 18 April 2018.

Questions about 406, MAG 560

What did unit 406 last sell for?

AED 472,222 on 18 April 2018, sold by the developer: AED 977 per sqft for 483 sqft. It is the only registered sale of the unit.

How big is unit 406?

483 sqft (44.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 406 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.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, MAG 560

Starts from the last sale price (AED 472K, 18 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 472,222
Deposit, UAE resident (20%)
AED 94,444
Deposit, non-resident (40%)
AED 188,889
Monthly over 25 years at 3.7%
AED 1,932

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