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1-bed · 629 sqftMAG 560, Dubai South · 5th floor · completed 2020

501, MAG 560

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 530K21 November 2017
Current rentAED 50K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, MAG 560

What is 501 worth today?

Last sold for AED 530,000 in 2017

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15 Dec 2025RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
15 Feb 2025RentedNew contract
AED 48,000/yr12 months · AED 77 per sqft
25 Jul 2024RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
25 Jul 2022RentedRenewal
AED 25,000/yr12 months · AED 40 per sqft
25 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
15 Nov 2020RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
21 Nov 2017Sold by developerOff-plan
AED 530,000AED 842 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
629 sqft
Floor
5th of 6
Parking
G-90
Developer
MAG
Completed
2020
Service charge
AED 11,200 /yr
Last sold
AED 530K · November 2017
Building
MAG 560

About 501, MAG 560

501 is a one-bedroom apartment of 629 sqft on the 5th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 November 2017 for AED 530,000, or AED 842 per sqft, 8% below the AED 911 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 15 December 2025, is AED 50,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 11,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, November 2017: AED 530,000 (AED 842 per sqft)

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

Rents
Unit 501, 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 50,000New contract, November 2020: AED 26,000 a yearNew contract, July 2021: AED 24,000 a yearRenewal, July 2022: AED 25,000 a yearNew contract, July 2024: AED 45,000 a yearNew contract, February 2025: AED 48,000 a yearNew contract, December 2025: AED 50,000 a year

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 501 sits

All 60 1-beds →

501 last sold in November 2017 at AED 842 per sqft, 8% below what one-beds in MAG 560 were fetching at the time (AED 911). 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. 501's AED 50,000 is in the upper half of that range.

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 5th floor

All 132 units in MAG 560
Value
502StudioAED 323K · Oct 2022
503StudioAED 350K · May 2024
5041-bedAED 443K · Aug 2017
5052-bedAED 520K · Dec 2017
5061-bedAED 448K · Jan 2018
507StudioAED 325K · Jul 2017
508StudioAED 330K · May 2024
1–7 of 21

501, MAG 560 in numbers

  • Sold once: by MAG on 21 November 2017 for AED 530,000, or AED 842 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 26,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 11,200 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 15 December 2025.

Questions about 501, MAG 560

What did unit 501 last sell for?

AED 530,000 on 21 November 2017, sold by the developer: AED 842 per sqft for 629 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 50,000 a year on the contract signed on 15 December 2025. The previous contract, from February 2025, was AED 48,000; the unit has been rented since November 2020.

How big is unit 501?

629 sqft (58.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 501 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 501, MAG 560

Starts from the last sale price (AED 530K, 21 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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