202, MAG 560
Sold prices and rental history: sold twice, last in October 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 202, MAG 560
What is 202 worth today?
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Source: Dubai Land Department. Updated 14 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 2nd of 6
- Parking
- G-24
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,900 /yr
- Last sold
- AED 275K · October 2022
- Building
- MAG 560
About 202, MAG 560
202 is a studio of 387 sqft on the 2nd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 14 October 2022 for AED 275,000, or AED 710 per sqft, in line with the AED 699 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 16,000 a year: a gross yield of 5.8% on the 2022 price, before the service charge of about AED 6,900 a year.
Sales and rents for 202 over time
202 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 202 sits
All 57 studios →202 last sold in October 2022 at AED 710 per sqft, in line with what studios in MAG 560 were fetching at the time (AED 699). 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. 202's AED 16,000 is at the bottom 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 2nd floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 400KAED 400,000 · Feb 2022February 2022 | 23,000 /yr | |
| 203 | Studio | 365 sqft | AED 369KAED 369,150 · Oct 2017October 2017 | 28,500 /yr | |
| 204 | 1-bed | 478 sqft | AED 430KAED 430,000 · Aug 2018August 2018 | ||
| 205 | 666 sqft | AED 710KAED 710,000 · Aug 2025August 2025 | 36,300 /yr | ||
| 206 | 1-bed | 483 sqft | AED 475KAED 475,000 · Jul 2024July 2024 | 48,000 /yr | |
| 207 | Studio | 387 sqft | AED 320KAED 320,000 · Jan 2024January 2024 | 23,000 /yr | |
| 208 | Studio | 347 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 42,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 310KAED 310,000 · Oct 2022October 2022 | 33,000 /yr | |
| 210 | 2-bed | 665 sqft | AED 580KAED 580,000 · Nov 2023November 2023 | 45,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 445KAED 445,000 · Sep 2017September 2017 | 47,000 /yr | |
| 212 | 1-bed | 656 sqft | AED 580KAED 580,000 · Jan 2025January 2025 | 55,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 480KAED 480,000 · Sep 2020September 2020 | 54,000 /yr | |
| 214 | 1-bed | 638 sqft | AED 620KAED 620,000 · Nov 2025November 2025 | 45,000 /yr | |
| 215 | Studio | 410 sqft | AED 410KAED 410,000 · Aug 2024August 2024 | 27,500 /yr | |
| 216 | Studio | 410 sqft | AED 495KAED 495,000 · Dec 2025December 2025 | 45,000 /yr | |
| 217 | Studio | 437 sqft | AED 380KAED 380,000 · Dec 2023December 2023 | 39,000 /yr | |
| 218 | Studio | 437 sqft | AED 355KAED 355,000 · Mar 2024March 2024 | 30,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 470KAED 470,000 · May 2018May 2018 | 42,000 /yr | |
| 220 | 1-bed | 514 sqft | AED 463KAED 462,507 · Aug 2017August 2017 | 50,000 /yr | |
| 221 | Studio | 360 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 19,000 /yr | |
| 222 | Studio | 360 sqft | AED 310KAED 310,000 · Jul 2017July 2017 | 42,000 /yr |
202, MAG 560 in numbers
- Sold twice: first on 25 August 2019 for AED 360,000, last on 14 October 2022 for AED 275,000 (AED 710 per sqft).
- Rented since August 2020 on 2 Ejari contracts, at AED 16,000 a year.
- At AED 16,000 a year the gross yield on the 2022 price is 5.8%, 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 14 October 2022.
Questions about 202, MAG 560
What did unit 202 last sell for?
AED 275,000 on 14 October 2022: AED 710 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 360,000 in August 2019.
What is the rent for unit 202?
AED 16,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 16,000.
How big is unit 202?
387 sqft (36.0 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 202 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 202, MAG 560
Starts from the last sale price (AED 275K, 14 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus AED 14,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →