307, MAG 560
Sold prices and rental history: sold twice, last in August 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 307, MAG 560
What is 307 worth today?
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Source: Dubai Land Department. Updated 19 August 2022.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 3rd of 6
- Parking
- G-52
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,900 /yr
- Last sold
- AED 266K · August 2022
- Building
- MAG 560
About 307, MAG 560
307 is a studio of 387 sqft on the 3rd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 19 August 2022 for AED 266,000, or AED 687 per sqft, 6% above the AED 647 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 25 July 2022, is AED 20,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 6,900 a year.
Sales and rents for 307 over time
307 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 307 sits
All 57 studios →307 last sold in August 2022 at AED 687 per sqft, 6% above what studios in MAG 560 were fetching at the time (AED 647). 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. 307's AED 20,000 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 3rd floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 530KAED 530,000 · Apr 2018April 2018 | 30,000 /yr | |
| 302 | Studio | 387 sqft | AED 330KAED 330,000 · Apr 2019April 2019 | 40,000 /yr | |
| 303 | Studio | 365 sqft | AED 243KAED 243,000 · May 2023May 2023 | 38,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 420KAED 420,000 · Aug 2017August 2017 | 40,000 /yr | |
| 305 | 2-bed | 666 sqft | AED 499KAED 499,000 · Jul 2023July 2023 | 31,000 /yr | |
| 306 | 1-bed | 483 sqft | AED 465KAED 465,000 · Jul 2019July 2019 | 27,000 /yr | |
| 308 | Studio | 347 sqft | AED 225KAED 225,000 · Aug 2022August 2022 | 36,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 410KAED 410,000 · Oct 2017October 2017 | ||
| 310 | 2-bed | 665 sqft | AED 750KAED 750,000 · Jul 2025July 2025 | 28,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 447KAED 447,000 · Oct 2017October 2017 | ||
| 312 | 1-bed | 656 sqft | AED 700KAED 700,000 · May 2025May 2025 | 53,100 /yr | |
| 313 | 1-bed | 622 sqft | AED 365KAED 365,000 · Nov 2021November 2021 | 55,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 715KAED 715,000 · Feb 2026February 2026 | 33,000 /yr | |
| 315 | Studio | 410 sqft | AED 340KAED 340,000 · Jun 2018June 2018 | 24,000 /yr | |
| 316 | Studio | 410 sqft | AED 270KAED 270,000 · Aug 2021August 2021 | 36,750 /yr | |
| 317 | Studio | 437 sqft | AED 287KAED 286,689 · Jul 2021July 2021 | ||
| 318 | Studio | 437 sqft | AED 400KAED 400,000 · Dec 2017December 2017 | 38,000 /yr | |
| 319 | 1-bed | 514 sqft | AED 460KAED 460,000 · Dec 2017December 2017 | 45,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 288KAED 288,000 · Aug 2021August 2021 | 53,000 /yr | |
| 321 | Studio | 360 sqft | AED 325KAED 325,000 · Dec 2023December 2023 | 33,000 /yr | |
| 322 | Studio | 360 sqft | AED 450KAED 450,000 · Jan 2025January 2025 | 40,000 /yr |
307, MAG 560 in numbers
- Sold twice: first on 23 May 2019 for AED 340,000, last on 19 August 2022 for AED 266,000 (AED 687 per sqft).
- Rented since July 2020 on 2 Ejari contracts, from AED 19,000 to AED 20,000 a year.
- At AED 20,000 a year the gross yield on the 2022 price is 7.5%, 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 19 August 2022.
Questions about 307, MAG 560
What did unit 307 last sell for?
AED 266,000 on 19 August 2022: AED 687 per sqft for 387 sqft. The unit has 2 registered sales; the first was AED 340,000 in May 2019.
What is the rent for unit 307?
AED 20,000 a year on the contract renewed on 25 July 2022. The previous contract, from July 2020, was AED 19,000.
How big is unit 307?
387 sqft (36.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 307 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 307, MAG 560
Starts from the last sale price (AED 266K, 19 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 266,000
- Deposit, UAE resident (20%)
- AED 53,200
- Deposit, non-resident (40%)
- AED 106,400
- Monthly over 25 years at 3.7%
- AED 1,088
Plus AED 14,082 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →