102, MAG 560
Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 102, MAG 560
What is 102 worth today?
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Source: Dubai Land Department. Updated 5 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 1st of 6
- Parking
- G-02
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,900 /yr
- Last sold
- AED 300K · June 2023
- Building
- MAG 560
About 102, MAG 560
102 is a studio of 387 sqft on the 1st floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 26 June 2023 for AED 300,000, or AED 775 per sqft, 7% above the AED 721 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 39,000 a year: a gross yield of 13.0% on the 2023 price, before the service charge of about AED 6,900 a year.
Sales and rents for 102 over time
102 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 102 sits
All 57 studios →102 last sold in June 2023 at AED 775 per sqft, 7% above what studios in MAG 560 were fetching at the time (AED 721). Over the last 12 months studios sold for AED 495,000, around AED 1,206 per sqft, and rent for AED 26,460 to 45,000 a year. 102's AED 39,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Dec 20254 December 2025 | 410 sqft | 495,000 | 1,206 | ||
| 17 Jun 202517 June 2025 | 410 sqft | 460,000 | 1,122 | ||
| 6 Feb 20256 February 2025 | 437 sqft | 420,000 | 961 | ||
| 23 Jan 202523 January 2025 | 360 sqft | 450,000 | 1,249 |
MAG 560
Building132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,121
- Typical sale
- AED 620K
- Typical rent
- AED 42K /yr
- Typical yield
- 8.6%
Other units on the 1st floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 444KAED 443,897 · Aug 2021August 2021 | 62,000 /yr | |
| 103 | Studio | 365 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 38,000 /yr | |
| 104 | 1-bed | 478 sqft | AED 360KAED 360,000 · Jan 2024January 2024 | 45,000 /yr | |
| 105 | 2-bed | 666 sqft | AED 510KAED 510,000 · Sep 2023September 2023 | 45,600 /yr | |
| 106 | 1-bed | 483 sqft | AED 358KAED 358,197 · Dec 2020December 2020 | ||
| 107 | Studio | 387 sqft | AED 340KAED 340,000 · Sep 2019September 2019 | 26,460 /yr | |
| 108 | Studio | 347 sqft | AED 390KAED 390,000 · Sep 2024September 2024 | 30,000 /yr | |
| 109 | 1-bed | 478 sqft | AED 460KAED 460,000 · Jul 2024July 2024 | 35,000 /yr | |
| 110 | 2-bed | 665 sqft | AED 562KAED 562,367 · Sep 2019September 2019 | ||
| 111 | 1-bed | 483 sqft | AED 470KAED 470,000 · Jun 2018June 2018 | 35,900 /yr | |
| 112 | 1-bed | 656 sqft | AED 466KAED 465,577 · Jul 2021July 2021 | 36,750 /yr | |
| 113 | 1-bed | 622 sqft | AED 519KAED 518,750 · Jul 2020July 2020 | ||
| 114 | 1-bed | 638 sqft | AED 580KAED 580,000 · Dec 2024December 2024 | 55,000 /yr | |
| 115 | Studio | 410 sqft | AED 390KAED 390,000 · Oct 2017October 2017 | 45,000 /yr | |
| 116 | Studio | 410 sqft | AED 360KAED 360,000 · Feb 2018February 2018 | 23,814 /yr | |
| 117 | Studio | 437 sqft | AED 365KAED 365,000 · Aug 2023August 2023 | 26,000 /yr | |
| 118 | Studio | 437 sqft | AED 410KAED 410,000 · Sep 2019September 2019 | 19,500 /yr | |
| 119 | 1-bed | 514 sqft | AED 480KAED 480,000 · Oct 2019October 2019 | 22,000 /yr | |
| 120 | 1-bed | 514 sqft | AED 465KAED 465,000 · May 2018May 2018 | 44,000 /yr | |
| 121 | 360 sqft | AED 430KAED 430,000 · Aug 2025August 2025 | 41,000 /yr | ||
| 122 | Studio | 360 sqft | AED 320KAED 320,000 · Feb 2020February 2020 | 23,000 /yr |
102, MAG 560 in numbers
- Sold twice: first on 21 June 2018 for AED 340,000, last on 26 June 2023 for AED 300,000 (AED 775 per sqft).
- Rented since February 2020 on 6 Ejari contracts, from AED 20,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2023 price is 13.0%, before a service charge of about AED 6,900 a year (AED 17.79 per sqft).
- Studios in MAG 560 sold for AED 495,000–495,000 in the 12 months to November 2026; the building's median across all types is AED 1,121 per sqft.
Source: Dubai Land Department. Updated 5 September 2024.
Questions about 102, MAG 560
What did unit 102 last sell for?
AED 300,000 on 26 June 2023: AED 775 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 340,000 in June 2018.
What is the rent for unit 102?
AED 39,000 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 34,000; the unit has been rented since February 2020.
How big is unit 102?
387 sqft (36.0 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 102 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 495,000 to 495,000 in the last 12 months, around AED 1,206 per sqft.
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Mortgage on 102, MAG 560
Starts from the last sale price (AED 300K, 26 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →