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Studio · 437 sqftMAG 560, Dubai South · 4th floor · completed 2020

417, MAG 560

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 13 July 2025
Last soldAED 400K12 February 2018
Current rentAED 41K /yr13 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, MAG 560

What is 417 worth today?

Last sold for AED 400,000 in 2018

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13 Jul 2025RentedNew contract
AED 41,000/yr12 months · AED 93 per sqft
20 Jun 2024RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
20 Jun 2023RentedRenewal
AED 22,000/yr12 months · AED 50 per sqft
20 Jun 2022RentedNew contract
AED 20,000/yr12 months · AED 45 per sqft
10 Mar 2020RentedNew contract
AED 22,000/yr12 months · AED 50 per sqft
12 Feb 2018Sold by developerOff-plan
AED 400,000AED 915 per sqft

Source: Dubai Land Department. Updated 13 July 2025.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
4th of 6
Parking
G-84
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 400K · February 2018
Building
MAG 560

About 417, MAG 560

417 is a studio of 437 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 12 February 2018 for AED 400,000, or AED 915 per sqft, in line with the AED 915 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 13 July 2025, is AED 41,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 7,800 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical studio in MAG 560
300K400K2017202020232026Typical sale price by year: 2017 AED 342,780; 2018 AED 340,000; 2019 AED 350,000; 2020 AED 327,750; 2021 AED 278,847; 2022 AED 299,000; 2023 AED 320,000; 2024 AED 370,000; 2025 AED 460,000Sold by developer, February 2018: AED 400,000 (AED 915 per sqft)

417 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 417, each contractTypical studio in MAG 560
20K30K40K2020202220242026Typical rent by year: 2020 AED 20,000; 2021 AED 19,000; 2022 AED 21,250; 2023 AED 25,000; 2024 AED 31,000; 2025 AED 37,000; 2026 AED 38,000New contract, March 2020: AED 22,000 a yearNew contract, June 2022: AED 20,000 a yearRenewal, June 2023: AED 22,000 a yearNew contract, June 2024: AED 24,000 a yearNew contract, July 2025: AED 41,000 a year

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

Studios in MAG 560, and where 417 sits

All 60 studios →

417 last sold in February 2018 at AED 915 per sqft, in line with what studios in MAG 560 were fetching at the time (AED 915). Over the last 12 months studios sold for AED 430,000 to 495,000, around AED 1,128 per sqft, and rent for AED 20,000 to 46,000 a year. 417's AED 41,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jun 2026430,000
4 Dec 2025495,000
15 Sep 2025465,000
11 Aug 2025430,000
2 studio 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
4061-bedAED 472K · Apr 2018
407StudioAED 293K · Jul 2023
1–7 of 21

417, MAG 560 in numbers

  • Sold once: by MAG on 12 February 2018 for AED 400,000, or AED 915 per sqft.
  • Rented since March 2020 on 5 Ejari contracts, from AED 22,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 7,800 a year (AED 17.79 per sqft).
  • Studios in MAG 560 sold for AED 430,000–495,000 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 13 July 2025.

Questions about 417, MAG 560

What did unit 417 last sell for?

AED 400,000 on 12 February 2018, sold by the developer: AED 915 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 41,000 a year on the contract signed on 13 July 2025. The previous contract, from June 2024, was AED 24,000; the unit has been rented since March 2020.

How big is unit 417?

437 sqft (40.6 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 417 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 560 sold for AED 430,000 to 495,000 in the last 12 months, around AED 1,128 per sqft.

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Mortgage on 417, MAG 560

Starts from the last sale price (AED 400K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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