Studio · 437 sqftMAG 560, Dubai South · 6th floor · completed 2020

618, MAG 560

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 279K12 June 2021
Current rentAED 39K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618, MAG 560

What is 618 worth today?

Last sold for AED 278,847 in 2021

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1 Oct 2026RentedRenewal
AED 39,000/yr6 months · AED 89 per sqft
1 Oct 2025RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
25 Sep 2024RentedNew contract
AED 36,000/yr12 months · AED 82 per sqft
10 Sep 2023RentedNew contract
AED 28,000/yr12 months · AED 63 per sqft
15 Sep 2022RentedNew contract
AED 24,500/yr12 months · AED 56 per sqft
12 Jun 2021Sold by developerReady
AED 278,847AED 638 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
6th of 6
Parking
G-129
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 279K · June 2021
Building
MAG 560

About 618, MAG 560

618 is a studio of 437 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 12 June 2021 for AED 278,847, or AED 638 per sqft.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 39,000 a year: a gross yield of 14.0% on the 2021 price, before the service charge of about AED 7,800 a year.

Sales and rents for 618 over time

Sales
Unit 618, 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, June 2021: AED 278,847 (AED 638 per sqft)

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

Rents
Unit 618, 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, September 2022: AED 24,500 a yearNew contract, September 2023: AED 28,000 a yearNew contract, September 2024: AED 36,000 a yearNew contract, October 2025: AED 36,000 a yearRenewal, October 2026: AED 39,000 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 618 sits

All 60 studios →

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. 618's AED 39,000 is in the upper 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

618, MAG 560 in numbers

  • Sold once: by MAG on 12 June 2021 for AED 278,847, or AED 638 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 24,500 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2021 price is 14.0%, 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 1 October 2026.

Questions about 618, MAG 560

What did unit 618 last sell for?

AED 278,847 on 12 June 2021, sold by the developer: AED 638 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 618?

AED 39,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 36,000; the unit has been rented since September 2022.

How big is unit 618?

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

What is unit 618 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 618, MAG 560

Starts from the last sale price (AED 279K, 12 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 278,847
Deposit, UAE resident (20%)
AED 55,769
Deposit, non-resident (40%)
AED 111,539
Monthly over 25 years at 3.7%
AED 1,141

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