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Studio · 360 sqftMAG 560, Dubai South · 6th floor · completed 2020

621, MAG 560

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 621 · DLD and Ejari recordsUpdated 4 November 2026
Last soldAED 336K17 September 2017
Current rentAED 38K /yr4 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 621, MAG 560

What is 621 worth today?

Last sold for AED 336,000 in 2017

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4 Nov 2026RentedNew contract
AED 38,000/yr12 months · AED 106 per sqft
19 Sep 2025RentedNew contract
AED 40,000/yr12 months · AED 111 per sqft
23 Jun 2024RentedRenewal
AED 30,000/yr12 months · AED 84 per sqft
23 Jun 2023RentedNew contract
AED 21,000/yr12 months · AED 59 per sqft
17 Sep 2017Sold by developerOff-plan
AED 336,000AED 933 per sqft

Source: Dubai Land Department. Updated 4 November 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
6th of 6
Parking
G-132
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 336K · September 2017
Building
MAG 560

About 621, MAG 560

621 is a studio of 360 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 17 September 2017 for AED 336,000, or AED 933 per sqft, in line with the AED 914 studios in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, signed on 4 November 2026, is AED 38,000 a year: a gross yield of 11.3% on the 2017 price, before the service charge of about AED 6,400 a year.

Sales and rents for 621 over time

Sales
Unit 621, 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, September 2017: AED 336,000 (AED 933 per sqft)

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

Rents
Unit 621, 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, June 2023: AED 21,000 a yearRenewal, June 2024: AED 30,000 a yearNew contract, September 2025: AED 40,000 a yearNew contract, November 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 621 sits

All 60 studios →

621 last sold in September 2017 at AED 933 per sqft, in line with what studios in MAG 560 were fetching at the time (AED 914). 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. 621'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
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

621, MAG 560 in numbers

  • Sold once: by MAG on 17 September 2017 for AED 336,000, or AED 933 per sqft.
  • Rented since June 2023 on 4 Ejari contracts, from AED 21,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2017 price is 11.3%, before a service charge of about AED 6,400 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 4 November 2026.

Questions about 621, MAG 560

What did unit 621 last sell for?

AED 336,000 on 17 September 2017, sold by the developer: AED 933 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 621?

AED 38,000 a year on the contract signed on 4 November 2026. The previous contract, from September 2025, was AED 40,000; the unit has been rented since June 2023.

How big is unit 621?

360 sqft (33.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 621 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 621, MAG 560

Starts from the last sale price (AED 336K, 17 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 336,000
Deposit, UAE resident (20%)
AED 67,200
Deposit, non-resident (40%)
AED 134,400
Monthly over 25 years at 3.7%
AED 1,375

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