415, MAG 560
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 415, MAG 560
What is 415 worth today?
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Source: Dubai Land Department. Updated 3 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 4th of 6
- Parking
- G-82
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,300 /yr
- Last sold
- AED 370K · March 2024
- Building
- MAG 560
About 415, MAG 560
415 is a studio of 410 sqft on the 4th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 27 March 2024 for AED 370,000, or AED 902 per sqft, 8% above the AED 833 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 3 November 2024, is AED 42,000 a year: a gross yield of 11.3% on the 2024 price, before the service charge of about AED 7,300 a year.
Sales and rents for 415 over time
415 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 415 sits
All 57 studios →415 last sold in March 2024 at AED 902 per sqft, 8% above what studios in MAG 560 were fetching at the time (AED 833). 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. 415's AED 42,000 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 4th floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 444KAED 443,898 · Oct 2021October 2021 | 23,000 /yr | |
| 402 | Studio | 387 sqft | AED 320KAED 320,000 · Jul 2017July 2017 | 36,000 /yr | |
| 403 | Studio | 365 sqft | AED 356KAED 356,000 · Nov 2023November 2023 | 27,800 /yr | |
| 404 | 1-bed | 478 sqft | AED 415KAED 415,000 · Aug 2017August 2017 | 31,000 /yr | |
| 405 | 2-bed | 666 sqft | AED 438KAED 437,500 · Aug 2021August 2021 | 50,000 /yr | |
| 406 | 1-bed | 483 sqft | AED 472KAED 472,222 · Apr 2018April 2018 | ||
| 407 | Studio | 387 sqft | AED 293KAED 293,000 · Jul 2023July 2023 | 36,000 /yr | |
| 408 | Studio | 347 sqft | AED 325KAED 325,000 · Aug 2017August 2017 | 44,000 /yr | |
| 409 | 1-bed | 478 sqft | AED 420KAED 420,000 · Oct 2023October 2023 | 39,900 /yr | |
| 410 | 2-bed | 665 sqft | AED 545KAED 545,000 · Nov 2017November 2017 | 60,000 /yr | |
| 411 | 1-bed | 483 sqft | AED 400KAED 400,000 · Apr 2023April 2023 | ||
| 412 | 1-bed | 656 sqft | AED 469KAED 469,301 · Jun 2021June 2021 | 55,000 /yr | |
| 413 | 1-bed | 622 sqft | AED 523KAED 523,001 · Jul 2019July 2019 | 38,000 /yr | |
| 414 | 1-bed | 638 sqft | AED 535KAED 535,000 · Apr 2018April 2018 | 52,000 /yr | |
| 416 | Studio | 410 sqft | AED 381KAED 381,282 · Aug 2017August 2017 | 37,500 /yr | |
| 417 | Studio | 437 sqft | AED 400KAED 400,000 · Feb 2018February 2018 | 41,000 /yr | |
| 418 | Studio | 437 sqft | AED 340KAED 340,000 · May 2024May 2024 | 33,000 /yr | |
| 419 | 1-bed | 514 sqft | AED 475KAED 475,126 · Nov 2017November 2017 | 47,000 /yr | |
| 420 | 1-bed | 514 sqft | AED 470KAED 470,000 · Sep 2017September 2017 | 46,000 /yr | |
| 421 | Studio | 360 sqft | AED 310KAED 310,000 · May 2018May 2018 | 22,000 /yr | |
| 422 | Studio | 360 sqft | AED 328KAED 327,750 · Oct 2018October 2018 |
415, MAG 560 in numbers
- Sold twice: first on 29 August 2017 for AED 375,000, last on 27 March 2024 for AED 370,000 (AED 902 per sqft).
- Rented since February 2021 on 5 Ejari contracts, from AED 24,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2024 price is 11.3%, before a service charge of about AED 7,300 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 3 November 2024.
Questions about 415, MAG 560
What did unit 415 last sell for?
AED 370,000 on 27 March 2024: AED 902 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 375,000 in August 2017.
What is the rent for unit 415?
AED 42,000 a year on the contract signed on 3 November 2024. The previous contract, from June 2024, was AED 42,000; the unit has been rented since February 2021.
How big is unit 415?
410 sqft (38.1 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.
What is unit 415 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 415, MAG 560
Starts from the last sale price (AED 370K, 27 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →