603, MAG 560
Sold prices and rental history: sold twice, last in October 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, MAG 560
What is 603 worth today?
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Source: Dubai Land Department. Updated 10 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 365 sqft
- Floor
- 6th of 6
- Parking
- G-114
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,500 /yr
- Last sold
- AED 425K · October 2024
- Building
- MAG 560
About 603, MAG 560
603 is a studio of 365 sqft on the 6th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 2 October 2024 for AED 425,000, or AED 1,164 per sqft, 28% above the AED 906 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 January 2026, is AED 36,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 6,500 a year.
Sales and rents for 603 over time
603 has sold twice; 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 603 sits
All 60 studios →603 last sold in October 2024 at AED 1,164 per sqft, 28% above what studios in MAG 560 were fetching at the time (AED 906). 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. 603's AED 36,000 is in the upper 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 6th floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 530KAED 530,000 · Dec 2017December 2017 | 50,000 /yr | |
| 602 | Studio | 389 sqft | AED 340KAED 340,000 · Oct 2018October 2018 | 38,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 320KAED 320,000 · Aug 2021August 2021 | 50,000 /yr | |
| 605 | 2-bed | 666 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 60,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 477KAED 476,850 · Dec 2017December 2017 | 36,000 /yr | |
| 607 | Studio | 389 sqft | AED 340KAED 340,000 · Mar 2018March 2018 | 20,000 /yr | |
| 608 | Studio | 349 sqft | AED 347KAED 347,000 · Aug 2017August 2017 | 25,000 /yr | |
| 609 | 1-bed | 478 sqft | AED 477KAED 476,900 · Sep 2018September 2018 | 40,000 /yr | |
| 610 | 2-bed | 665 sqft | AED 549KAED 548,721 · Mar 2018March 2018 | 49,450 /yr | |
| 611 | 1-bed | 483 sqft | AED 453KAED 453,000 · May 2019May 2019 | 38,000 /yr | |
| 612 | 1-bed | 657 sqft | AED 558KAED 558,000 · Jan 2018January 2018 | 26,000 /yr | |
| 613 | 1-bed | 623 sqft | AED 467KAED 466,695 · Jul 2018July 2018 | 54,706 /yr | |
| 614 | 1-bed | 638 sqft | AED 535KAED 535,000 · Dec 2017December 2017 | 28,000 /yr | |
| 615 | Studio | 410 sqft | AED 394KAED 394,402 · Feb 2018February 2018 | 38,000 /yr | |
| 616 | Studio | 410 sqft | AED 375KAED 375,000 · Jul 2017July 2017 | 37,000 /yr | |
| 617 | Studio | 437 sqft | AED 420KAED 420,000 · Feb 2025February 2025 | 46,000 /yr | |
| 618 | Studio | 437 sqft | AED 279KAED 278,847 · Jun 2021June 2021 | 39,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 448KAED 448,000 · May 2018May 2018 | 45,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 448KAED 448,000 · Apr 2018April 2018 | 50,000 /yr | |
| 621 | Studio | 360 sqft | AED 336KAED 336,000 · Sep 2017September 2017 | 38,000 /yr | |
| 622 | Studio | 360 sqft | AED 300KAED 300,000 · Jun 2023June 2023 | 37,000 /yr |
603, MAG 560 in numbers
- Sold twice: first on 17 September 2018 for AED 350,000, last on 2 October 2024 for AED 425,000 (AED 1,164 per sqft).
- Rented since January 2025 on 2 Ejari contracts, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 6,500 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 10 January 2026.
Questions about 603, MAG 560
What did unit 603 last sell for?
AED 425,000 on 2 October 2024: AED 1,164 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 350,000 in September 2018.
What is the rent for unit 603?
AED 36,000 a year on the contract signed on 10 January 2026. The previous contract, from January 2025, was AED 36,000.
How big is unit 603?
365 sqft (33.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 603 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 603, MAG 560
Starts from the last sale price (AED 425K, 2 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →