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Studio · 437 sqftMAG 560, Dubai South · 5th floor · completed 2020

517, MAG 560

Sold prices and rental history: sold 3 times, last in September 2025, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 465K15 September 2025
Current rentAED 38K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 517, MAG 560

What is 517 worth today?

Last sold for AED 465,000 in 2025

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12 Sep 2026RentedNew contract
AED 38,000/yr12 months · AED 87 per sqft
3 Oct 2025RentedNew contract
AED 42,000/yr12 months · AED 96 per sqft
15 Sep 2025SoldReady
AED 465,000AED 1,064 per sqft
2 Nov 2023SoldReady
AED 440,000AED 1,007 per sqft
4 Aug 2022Sold by developerReady
AED 345,000AED 789 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
5th of 6
Parking
G-106
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 465K · September 2025
Building
MAG 560

About 517, MAG 560

517 is a studio of 437 sqft on the 5th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 15 September 2025 for AED 465,000, or AED 1,064 per sqft, 5% below the AED 1,122 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 12 September 2026, is AED 38,000 a year: a gross yield of 8.2% on the 2025 price, before the service charge of about AED 7,800 a year.

Sales and rents for 517 over time

Sales
Unit 517, 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, August 2022: AED 345,000 (AED 789 per sqft)Sold, November 2023: AED 440,000 (AED 1,007 per sqft)Sold, September 2025: AED 465,000 (AED 1,064 per sqft)

517 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 517, each contractTypical studio in MAG 560
20K40K2020202220242026Typical 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, October 2025: AED 42,000 a yearNew contract, September 2026: AED 38,000 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 517 sits

All 60 studios →

517 last sold in September 2025 at AED 1,064 per sqft, 5% below what studios in MAG 560 were fetching at the time (AED 1,122). 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. 517's AED 38,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jun 2026430,000
4 Dec 2025495,000
11 Aug 2025430,000
11 Aug 2025460,000
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 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

517, MAG 560 in numbers

  • Sold 3 times: first on 4 August 2022 for AED 345,000, last on 15 September 2025 for AED 465,000 (AED 1,064 per sqft).
  • Rented since October 2025 on 2 Ejari contracts, from AED 42,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2025 price is 8.2%, before a service charge of about AED 7,800 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 12 September 2026.

Questions about 517, MAG 560

What did unit 517 last sell for?

AED 465,000 on 15 September 2025: AED 1,064 per sqft for 437 sqft. The unit has 3 registered sales; the first was AED 345,000 in August 2022.

What is the rent for unit 517?

AED 38,000 a year on the contract signed on 12 September 2026. The previous contract, from October 2025, was AED 42,000.

How big is unit 517?

437 sqft (40.6 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 517 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 517, MAG 560

Starts from the last sale price (AED 465K, 15 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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