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1-bed · 638 sqftMAG 560, Dubai South · 6th floor · completed 2020

614, MAG 560

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

Unit 614 · DLD and Ejari recordsUpdated 5 October 2022
Last soldAED 535K26 December 2017
Current rentAED 28K /yr5 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, MAG 560

What is 614 worth today?

Last sold for AED 535,000 in 2017

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5 Oct 2022RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
3 Sep 2021RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
3 Sep 2020RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft
26 Dec 2017Sold by developerOff-plan
AED 535,000AED 839 per sqft

Source: Dubai Land Department. Updated 5 October 2022.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
6th of 6
Parking
G-125
Developer
MAG
Completed
2020
Service charge
AED 11,300 /yr
Last sold
AED 535K · December 2017
Building
MAG 560

About 614, MAG 560

614 is a one-bedroom apartment of 638 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 26 December 2017 for AED 535,000, or AED 839 per sqft, 7% below the AED 904 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 5 October 2022, is AED 28,000 a year: a gross yield of 5.2% on the 2017 price, before the service charge of about AED 11,300 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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, December 2017: AED 535,000 (AED 839 per sqft)

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

Rents
Unit 614, 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, September 2020: AED 26,000 a yearRenewal, September 2021: AED 26,000 a yearNew contract, October 2022: AED 28,000 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 614 sits

All 60 1-beds →

614 last sold in December 2017 at AED 839 per sqft, 7% below 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. 614's AED 28,000 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 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

614, MAG 560 in numbers

  • Sold once: by MAG on 26 December 2017 for AED 535,000, or AED 839 per sqft.
  • Rented since September 2020 on 3 Ejari contracts, from AED 26,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2017 price is 5.2%, before a service charge of about AED 11,300 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 5 October 2022.

Questions about 614, MAG 560

What did unit 614 last sell for?

AED 535,000 on 26 December 2017, sold by the developer: AED 839 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 28,000 a year on the contract signed on 5 October 2022. The previous contract, from September 2021, was AED 26,000; the unit has been rented since September 2020.

How big is unit 614?

638 sqft (59.3 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 614 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 614, MAG 560

Starts from the last sale price (AED 535K, 26 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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