Studio · 365 sqftMAG 560, Dubai South · 6th floor · completed 2020

603, MAG 560

Sold prices and rental history: sold twice, last in October 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 425K2 October 2024
Current rentAED 36K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, MAG 560

What is 603 worth today?

Last sold for AED 425,000 in 2024

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10 Jan 2026RentedNew contract
AED 36,000/yr12 months · AED 98 per sqft
10 Jan 2025RentedNew contract
AED 36,000/yr12 months · AED 99 per sqft
2 Oct 2024SoldReady
AED 425,000AED 1,164 per sqft
17 Sep 2018Sold by developerOff-plan
AED 350,000AED 958 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
6th of 6
Parking
G-114
Developer
MAG
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 425K · October 2024
Building
MAG 560

About 603, MAG 560

603 is a studio of 365 sqft on the 6th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 2 October 2024 for AED 425,000, or AED 1,164 per sqft, 29% above the AED 904 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 January 2026, is AED 36,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 6,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, September 2018: AED 350,000 (AED 958 per sqft)Sold, October 2024: AED 425,000 (AED 1,164 per sqft)

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

Rents
Unit 603, 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, January 2025: AED 36,000 a yearNew contract, January 2026: AED 36,000 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 603 sits

All 57 studios →

603 last sold in October 2024 at AED 1,164 per sqft, 29% above what studios in MAG 560 were fetching at the time (AED 904). 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. 603's AED 36,000 is in the upper 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 6th floor

All 132 units in MAG 560
Value
6011-bedAED 530K · Dec 2017
602StudioAED 340K · Oct 2018
6041-bedAED 320K · Aug 2021
605AED 700K · Sep 2025
6061-bedAED 477K · Dec 2017
607StudioAED 340K · Mar 2018
608StudioAED 347K · Aug 2017
1–7 of 21

603, MAG 560 in numbers

  • Sold twice: first on 17 September 2018 for AED 350,000, last on 2 October 2024 for AED 425,000 (AED 1,164 per sqft).
  • Rented since January 2025 on 2 Ejari contracts, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 6,500 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 10 January 2026.

Questions about 603, MAG 560

What did unit 603 last sell for?

AED 425,000 on 2 October 2024: AED 1,164 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 350,000 in September 2018.

What is the rent for unit 603?

AED 36,000 a year on the contract signed on 10 January 2026. The previous contract, from January 2025, was AED 36,000.

How big is unit 603?

365 sqft (33.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 603 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 603, MAG 560

Starts from the last sale price (AED 425K, 2 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

Plus AED 20,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →