Studio · 437 sqftMAG 560, Dubai South · 3rd floor · completed 2020

317, MAG 560

Sold prices and rental history: sold once, by the developer in July 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 26 July 2021
Last soldAED 287K26 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 317, MAG 560

What is 317 worth today?

Last sold for AED 286,689 in 2021

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26 Jul 2021Sold by developerReady
AED 286,689AED 656 per sqft

Source: Dubai Land Department. Updated 26 July 2021.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
3rd of 6
Parking
G-62
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 287K · July 2021
Building
MAG 560

About 317, MAG 560

317 is a studio of 437 sqft on the 3rd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 26 July 2021 for AED 286,689, or AED 656 per sqft, in line with the AED 656 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 317 over time

Sales
Unit 317, each saleTypical studio in MAG 560
300K400K2017202020232026Typical sale price by year: 2017 AED 342,780; 2018 AED 340,000; 2019 AED 340,000; 2020 AED 327,750; 2021 AED 278,847; 2022 AED 275,000; 2023 AED 315,000; 2024 AED 370,000; 2025 AED 455,000Sold by developer, July 2021: AED 286,689 (AED 656 per sqft)

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

Rents
Unit 317, 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 33,000; 2025 AED 37,000; 2026 AED 40,000

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 317 sits

All 57 studios →

317 last sold in July 2021 at AED 656 per sqft, in line with what studios in MAG 560 were fetching at the time (AED 656). 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.

Recent studio salesUnit no.Price (AED)Summary
4 Dec 2025495,000
17 Jun 2025460,000
6 Feb 2025420,000
23 Jan 2025450,000
1 studio sale 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. 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%
MAG 560, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 132 units in MAG 560
Value
3011-bedAED 530K · Apr 2018
302StudioAED 330K · Apr 2019
303StudioAED 243K · May 2023
3041-bedAED 420K · Aug 2017
3052-bedAED 499K · Jul 2023
3061-bedAED 465K · Jul 2019
307StudioAED 266K · Aug 2022
1–7 of 21

317, MAG 560 in numbers

  • Sold once: by MAG on 26 July 2021 for AED 286,689, or AED 656 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 26 July 2021.

Questions about 317, MAG 560

What did unit 317 last sell for?

AED 286,689 on 26 July 2021, sold by the developer: AED 656 per sqft for 437 sqft. It is the only registered sale of the unit.

How big is unit 317?

437 sqft (40.6 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 317 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 317, MAG 560

Starts from the last sale price (AED 287K, 26 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 286,689
Deposit, UAE resident (20%)
AED 57,338
Deposit, non-resident (40%)
AED 114,676
Monthly over 25 years at 3.7%
AED 1,173

Plus AED 14,951 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →