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

511, MAG 560

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 25 October 2026
Last soldAED 520K27 September 2024
Current rentAED 47K /yr25 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, MAG 560

What is 511 worth today?

Last sold for AED 520,000 in 2024

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25 Oct 2026RentedRenewal
AED 47,000/yr12 months · AED 97 per sqft
25 Oct 2025RentedNew contract
AED 47,000/yr12 months · AED 97 per sqft
11 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
27 Sep 2024SoldReady
AED 520,000AED 1,076 per sqft
3 Nov 2023RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
7 Apr 2023RentedRenewal
AED 28,000/yr12 months · AED 58 per sqft
7 Apr 2022RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
20 Nov 2020RentedNew contract
AED 23,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 25 October 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
5th of 6
Parking
G-45
Developer
MAG
Completed
2020
Service charge
AED 8,600 /yr
Last sold
AED 520K · September 2024
Building
MAG 560

About 511, MAG 560

511 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. It last sold on 27 September 2024 for AED 520,000, or AED 1,076 per sqft, 23% above the AED 878 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 25 October 2026, is AED 47,000 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, August 2017: AED 437,000 (AED 904 per sqft)Sold, September 2024: AED 520,000 (AED 1,076 per sqft)

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

Rents
Unit 511, 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, July 2020: AED 22,000 a yearNew contract, November 2020: AED 23,000 a yearNew contract, April 2022: AED 28,000 a yearRenewal, April 2023: AED 28,000 a yearNew contract, November 2023: AED 40,000 a yearNew contract, October 2024: AED 45,000 a yearNew contract, October 2025: AED 47,000 a yearRenewal, October 2026: AED 47,000 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 511 sits

All 60 1-beds →

511 last sold in September 2024 at AED 1,076 per sqft, 23% above what one-beds in MAG 560 were fetching at the time (AED 878). 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. 511's AED 47,000 is in the lower 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
5011-bedAED 530K · Nov 2017
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
1–7 of 21

511, MAG 560 in numbers

  • Sold twice: first on 29 August 2017 for AED 437,000, last on 27 September 2024 for AED 520,000 (AED 1,076 per sqft).
  • Rented since July 2020 on 8 Ejari contracts, from AED 22,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2024 price is 9.0%, 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 25 October 2026.

Questions about 511, MAG 560

What did unit 511 last sell for?

AED 520,000 on 27 September 2024: AED 1,076 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 437,000 in August 2017.

What is the rent for unit 511?

AED 47,000 a year on the contract renewed on 25 October 2026. The previous contract, from October 2025, was AED 47,000; the unit has been rented since July 2020.

How big is unit 511?

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

What is unit 511 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 511, MAG 560

Starts from the last sale price (AED 520K, 27 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 520,000
Deposit, UAE resident (20%)
AED 104,000
Deposit, non-resident (40%)
AED 208,000
Monthly over 25 years at 3.7%
AED 2,127

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