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Studio · 360 sqftMAG 560, Dubai South · 3rd floor · completed 2020

321, MAG 560

Sold prices and rental history: sold twice, last in December 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 321 · DLD and Ejari recordsUpdated 29 December 2025
Last soldAED 325K6 December 2023
Current rentAED 33K /yr29 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 321, MAG 560

What is 321 worth today?

Last sold for AED 325,000 in 2023

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29 Dec 2025RentedRenewal
AED 33,000/yr12 months · AED 92 per sqft
6 Dec 2023SoldReady
AED 325,000AED 902 per sqft
7 Jul 2021RentedRenewal
AED 20,000/yr12 months · AED 56 per sqft
7 Jul 2020RentedNew contract
AED 22,000/yr12 months · AED 61 per sqft
16 Jan 2018Sold by developerOff-plan
AED 325,000AED 902 per sqft

Source: Dubai Land Department. Updated 29 December 2025.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
3rd of 6
Parking
G-66
Developer
MAG
Completed
2020
Service charge
AED 6,400 /yr
Last sold
AED 325K · December 2023
Building
MAG 560

About 321, MAG 560

321 is a studio of 360 sqft on the 3rd floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 6 December 2023 for AED 325,000, or AED 902 per sqft, 16% above the AED 778 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 29 December 2025, is AED 33,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 6,400 a year.

Sales and rents for 321 over time

Sales
Unit 321, 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, January 2018: AED 325,000 (AED 902 per sqft)Sold, December 2023: AED 325,000 (AED 902 per sqft)

321 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 321, 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 40,000New contract, July 2020: AED 22,000 a yearRenewal, July 2021: AED 20,000 a yearRenewal, December 2025: AED 33,000 a year

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 321 sits

All 57 studios →

321 last sold in December 2023 at AED 902 per sqft, 16% above what studios in MAG 560 were fetching at the time (AED 778). 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. 321's AED 33,000 is in the lower half of that range.

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

321, MAG 560 in numbers

  • Sold twice: first on 16 January 2018 for AED 325,000, last on 6 December 2023 for AED 325,000 (AED 902 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 22,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 6,400 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 29 December 2025.

Questions about 321, MAG 560

What did unit 321 last sell for?

AED 325,000 on 6 December 2023: AED 902 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 325,000 in January 2018.

What is the rent for unit 321?

AED 33,000 a year on the contract renewed on 29 December 2025. The previous contract, from July 2021, was AED 20,000; the unit has been rented since July 2020.

How big is unit 321?

360 sqft (33.4 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 321 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 321, MAG 560

Starts from the last sale price (AED 325K, 6 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →