
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.
Property timeline for 421, MAG 560
What is 421 worth today?
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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
421 has sold once; the dashed line is the studio median of each year in the building.
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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Jun 202610 June 2026 | 410 sqft | 430,000 | 1,049 | ||
| 4 Dec 20254 December 2025 | 410 sqft | 495,000 | 1,206 | ||
| 15 Sep 202515 September 2025 | 437 sqft | 465,000 | 1,064 | ||
| 11 Aug 202511 August 2025 | 360 sqft | 430,000 | 1,194 |
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 | |
| 409 | 1-bed | 478 sqft | AED 420KAED 420,000 · Oct 2023October 2023 | 39,900 /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 | |
| 422 | Studio | 360 sqft | AED 328KAED 327,750 · Oct 2018October 2018 | 40,000 /yr |
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 →