409, MAG 560
Sold prices and rental history: sold once, by the developer in October 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, MAG 560
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 4th of 6
- Parking
- G-76
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 8,500 /yr
- Last sold
- AED 420K · October 2023
- Building
- MAG 560
About 409, MAG 560
409 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 2 October 2023 for AED 420,000, or AED 878 per sqft, 23% above the AED 715 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 39,900 a year: a gross yield of 9.5% on the 2023 price, before the service charge of about AED 8,500 a year.
Sales and rents for 409 over time
409 has sold once; the dashed line is the one-bed median of each year in the building.
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 409 sits
All 60 1-beds →409 last sold in October 2023 at AED 878 per sqft, 23% above what one-beds in MAG 560 were fetching at the time (AED 715). 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. 409's AED 39,900 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 638 sqft | 715,000 | 1,121 | ||
| 17 Nov 202517 November 2025 | 638 sqft | 620,000 | 972 | ||
| 12 May 202512 May 2025 | 656 sqft | 700,000 | 1,066 | ||
| 20 Feb 202520 February 2025 | 656 sqft | 644,215 | 981 |
MAG 560
Building132 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%
Other units on the 4th floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 444KAED 443,898 · Oct 2021October 2021 | 23,000 /yr | |
| 402 | Studio | 387 sqft | AED 320KAED 320,000 · Jul 2017July 2017 | 34,000 /yr | |
| 403 | Studio | 365 sqft | AED 356KAED 356,000 · Nov 2023November 2023 | 27,800 /yr | |
| 404 | 1-bed | 478 sqft | AED 415KAED 415,000 · Aug 2017August 2017 | 53,000 /yr | |
| 405 | 2-bed | 666 sqft | AED 438KAED 437,500 · Aug 2021August 2021 | 52,500 /yr | |
| 406 | 1-bed | 483 sqft | AED 472KAED 472,222 · Apr 2018April 2018 | ||
| 407 | Studio | 387 sqft | AED 293KAED 293,000 · Jul 2023July 2023 | 36,000 /yr | |
| 408 | Studio | 347 sqft | AED 325KAED 325,000 · Aug 2017August 2017 | 33,000 /yr | |
| 410 | 2-bed | 665 sqft | AED 545KAED 545,000 · Nov 2017November 2017 | 60,000 /yr | |
| 411 | 1-bed | 483 sqft | AED 400KAED 400,000 · Apr 2023April 2023 | 50,000 /yr | |
| 412 | 1-bed | 656 sqft | AED 469KAED 469,301 · Jun 2021June 2021 | 55,000 /yr | |
| 413 | 1-bed | 622 sqft | AED 523KAED 523,001 · Jul 2019July 2019 | 41,000 /yr | |
| 414 | 1-bed | 638 sqft | AED 535KAED 535,000 · Apr 2018April 2018 | 50,000 /yr | |
| 415 | Studio | 410 sqft | AED 430KAED 430,000 · Jun 2026June 2026 | 38,000 /yr | |
| 416 | Studio | 410 sqft | AED 381KAED 381,282 · Aug 2017August 2017 | 37,500 /yr | |
| 417 | Studio | 437 sqft | AED 400KAED 400,000 · Feb 2018February 2018 | 41,000 /yr | |
| 418 | Studio | 437 sqft | AED 340KAED 340,000 · May 2024May 2024 | 33,000 /yr | |
| 419 | 1-bed | 514 sqft | AED 475KAED 475,126 · Nov 2017November 2017 | 47,000 /yr | |
| 420 | 1-bed | 514 sqft | AED 470KAED 470,000 · Sep 2017September 2017 | 46,000 /yr | |
| 421 | Studio | 360 sqft | AED 310KAED 310,000 · May 2018May 2018 | 22,000 /yr | |
| 422 | Studio | 360 sqft | AED 328KAED 327,750 · Oct 2018October 2018 | 40,000 /yr |
409, MAG 560 in numbers
- Sold once: by MAG on 2 October 2023 for AED 420,000, or AED 878 per sqft.
- Rented since October 2024 on 2 Ejari contracts, at AED 39,900 a year.
- At AED 39,900 a year the gross yield on the 2023 price is 9.5%, 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 1 October 2025.
Questions about 409, MAG 560
What did unit 409 last sell for?
AED 420,000 on 2 October 2023, sold by the developer: AED 878 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 39,900 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 39,900.
How big is unit 409?
478 sqft (44.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 409 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 409, MAG 560
Starts from the last sale price (AED 420K, 2 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →