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1-bed · 483 sqftMAG 560, Dubai South · 5th floor · completed 2020

506, MAG 560

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 448K16 January 2018
Current rentAED 35K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, MAG 560

What is 506 worth today?

Last sold for AED 448,000 in 2018

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1 Oct 2026RentedRenewal
AED 35,000/yr12 months · AED 72 per sqft
1 Oct 2025RentedRenewal
AED 50,000/yr6 months · AED 103 per sqft
1 Oct 2025RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
1 Oct 2024RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
1 Oct 2023RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
1 Oct 2022RentedRenewal
AED 25,000/yr12 months · AED 52 per sqft
1 Oct 2021RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
16 Jan 2018Sold by developerOff-plan
AED 448,000AED 927 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
5th of 6
Parking
G-46
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 448K · January 2018
Building
MAG 560

About 506, MAG 560

506 is a one-bedroom apartment of 483 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 16 January 2018 for AED 448,000, or AED 927 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 35,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 8,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, January 2018: AED 448,000 (AED 927 per sqft)

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

Rents
Unit 506, 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, October 2021: AED 25,000 a yearRenewal, October 2022: AED 25,000 a yearRenewal, October 2023: AED 25,000 a yearRenewal, October 2024: AED 25,000 a yearRenewal, October 2025: AED 50,000 a yearRenewal, October 2025: AED 25,000 a yearRenewal, October 2026: AED 35,000 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 506 sits

All 60 1-beds →

506 last sold in January 2018 at AED 927 per sqft, in line with what one-beds in MAG 560 were fetching at the time (AED 904). 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. 506's AED 35,000 is at the bottom 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
5011-bedAED 530K · Nov 2017
502StudioAED 323K · Oct 2022
503StudioAED 350K · May 2024
5041-bedAED 443K · Aug 2017
5052-bedAED 520K · Dec 2017
507StudioAED 325K · Jul 2017
508StudioAED 330K · May 2024
1–7 of 21

506, MAG 560 in numbers

  • Sold once: by MAG on 16 January 2018 for AED 448,000, or AED 927 per sqft.
  • Rented since October 2021 on 7 Ejari contracts, from AED 25,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 8,600 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 2026.

Questions about 506, MAG 560

What did unit 506 last sell for?

AED 448,000 on 16 January 2018, sold by the developer: AED 927 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 35,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since October 2021.

How big is unit 506?

483 sqft (44.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 506 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 506, MAG 560

Starts from the last sale price (AED 448K, 16 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 448,000
Deposit, UAE resident (20%)
AED 89,600
Deposit, non-resident (40%)
AED 179,200
Monthly over 25 years at 3.7%
AED 1,833

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