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Studio · 349 sqftMAG 560, Dubai South · 6th floor · completed 2020

608, MAG 560

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

Unit 608 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 347K10 August 2017
Current rentAED 25K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 608, MAG 560

What is 608 worth today?

Last sold for AED 347,000 in 2017

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1 Sep 2026RentedRenewal
AED 25,000/yr12 months · AED 72 per sqft
1 Sep 2025RentedNew contract
AED 25,000/yr12 months · AED 72 per sqft
1 Sep 2024RentedNew contract
AED 23,760/yr12 months · AED 69 per sqft
1 Sep 2023RentedRenewal
AED 19,800/yr12 months · AED 57 per sqft
1 Sep 2022RentedNew contract
AED 19,800/yr12 months · AED 57 per sqft
1 Sep 2021RentedRenewal
AED 18,000/yr12 months · AED 52 per sqft
1 Sep 2020RentedNew contract
AED 18,000/yr12 months · AED 52 per sqft
18 May 2020RentedNew contract
AED 24,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
349 sqft
Floor
6th of 6
Parking
G-119
Developer
MAG
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 347K · August 2017
Building
MAG 560

About 608, MAG 560

608 is a studio of 349 sqft on the 6th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 August 2017 for AED 347,000, or AED 994 per sqft, 10% above the AED 904 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 25,000 a year: a gross yield of 7.2% on the 2017 price, before the service charge of about AED 6,200 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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 2017: AED 347,000 (AED 994 per sqft)

608 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 608, each contractTypical studio in MAG 560
20K30K40K2020202220242026Typical 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, May 2020: AED 24,000 a yearNew contract, September 2020: AED 18,000 a yearRenewal, September 2021: AED 18,000 a yearNew contract, September 2022: AED 19,800 a yearRenewal, September 2023: AED 19,800 a yearNew contract, September 2024: AED 23,760 a yearNew contract, September 2025: AED 25,000 a yearRenewal, September 2026: AED 25,000 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 608 sits

All 60 studios →

608 last sold in August 2017 at AED 994 per sqft, 10% above what studios in MAG 560 were fetching at the time (AED 904). 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. 608's AED 25,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
10 Jun 2026430,000
4 Dec 2025495,000
15 Sep 2025465,000
11 Aug 2025430,000
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 6th floor

All 132 units in MAG 560
Value
6011-bedAED 530K · Dec 2017
602StudioAED 340K · Oct 2018
603StudioAED 425K · Oct 2024
6041-bedAED 320K · Aug 2021
6052-bedAED 700K · Sep 2025
6061-bedAED 477K · Dec 2017
607StudioAED 340K · Mar 2018
1–7 of 21

608, MAG 560 in numbers

  • Sold once: by MAG on 10 August 2017 for AED 347,000, or AED 994 per sqft.
  • Rented since May 2020 on 8 Ejari contracts. The rent fell from AED 24,000 to AED 18,000 in 2021 and recovered to AED 25,000 by September 2026.
  • At AED 25,000 a year the gross yield on the 2017 price is 7.2%, before a service charge of about AED 6,200 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 1 September 2026.

Questions about 608, MAG 560

What did unit 608 last sell for?

AED 347,000 on 10 August 2017, sold by the developer: AED 994 per sqft for 349 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 25,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 25,000; the unit has been rented since May 2020.

How big is unit 608?

349 sqft (32.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 608 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 608, MAG 560

Starts from the last sale price (AED 347K, 10 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 347,000
Deposit, UAE resident (20%)
AED 69,400
Deposit, non-resident (40%)
AED 138,800
Monthly over 25 years at 3.7%
AED 1,420

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