Studio · 360 sqftMAG 560, Dubai South · 4th floor · completed 2020

421, MAG 560

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

Unit 421 · DLD and Ejari recordsUpdated 20 August 2020
Last soldAED 310K9 May 2018
Current rentAED 22K /yr20 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 421, MAG 560

What is 421 worth today?

Last sold for AED 310,000 in 2018

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20 Aug 2020RentedNew contract
AED 22,000/yr12 months · AED 61 per sqft
9 May 2018Sold by developerOff-plan
AED 310,000AED 860 per sqft

Source: Dubai Land Department. Updated 20 August 2020.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
4th of 6
Parking
G-88
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 310K · May 2018
Building
MAG 560

About 421, MAG 560

421 is a studio of 360 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 9 May 2018 for AED 310,000, or AED 860 per sqft, 6% below the AED 914 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 August 2020. The current contract, signed on 20 August 2020, is AED 22,000 a year: a gross yield of 7.1% on the 2018 price, before the service charge of about AED 6,400 a year.

Sales and rents for 421 over time

Sales
Unit 421, 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, May 2018: AED 310,000 (AED 860 per sqft)

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

Rents
Unit 421, 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, August 2020: AED 22,000 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 421 sits

All 60 studios →

421 last sold in May 2018 at AED 860 per sqft, 6% below what studios in MAG 560 were fetching at the time (AED 914). 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. 421's AED 22,000 is in the lower 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

421, MAG 560 in numbers

  • Sold once: by MAG on 9 May 2018 for AED 310,000, or AED 860 per sqft.
  • Rented since August 2020 on one Ejari contract, at AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2018 price is 7.1%, before a service charge of about AED 6,400 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 20 August 2020.

Questions about 421, MAG 560

What did unit 421 last sell for?

AED 310,000 on 9 May 2018, sold by the developer: AED 860 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 421?

AED 22,000 a year on the contract signed on 20 August 2020.

How big is unit 421?

360 sqft (33.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 421 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 421, MAG 560

Starts from the last sale price (AED 310K, 9 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 310,000
Deposit, UAE resident (20%)
AED 62,000
Deposit, non-resident (40%)
AED 124,000
Monthly over 25 years at 3.7%
AED 1,268

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