318, MAG 560
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 318, MAG 560
What is 318 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 3rd of 6
- Parking
- G-63
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,800 /yr
- Last sold
- AED 400K · December 2017
- Building
- MAG 560
About 318, MAG 560
318 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 December 2017 for AED 400,000, or AED 915 per sqft, in line with the AED 915 studios in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 6 October 2025, is AED 38,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 7,800 a year.
Sales and rents for 318 over time
318 has sold once; 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 318 sits
All 57 studios →318 last sold in December 2017 at AED 915 per sqft, in line with what studios in MAG 560 were fetching at the time (AED 915). 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. 318's AED 38,000 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 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 | |
| 307 | Studio | 387 sqft | AED 266KAED 266,000 · Aug 2022August 2022 | 20,000 /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 | ||
| 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 |
318, MAG 560 in numbers
- Sold once: by MAG on 26 December 2017 for AED 400,000, or AED 915 per sqft.
- Rented since May 2022 on 6 Ejari contracts, from AED 18,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2017 price is 9.5%, before a service charge of about AED 7,800 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 6 October 2025.
Questions about 318, MAG 560
What did unit 318 last sell for?
AED 400,000 on 26 December 2017, sold by the developer: AED 915 per sqft for 437 sqft. It is the only registered sale of the unit.
What is the rent for unit 318?
AED 38,000 a year on the contract signed on 6 October 2025. The previous contract, from May 2025, was AED 22,654; the unit has been rented since May 2022.
How big is unit 318?
437 sqft (40.6 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 318 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.
Selling 318? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 318, MAG 560
Starts from the last sale price (AED 400K, 26 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →