621, MAG 560
Sold prices and rental history: sold once, by the developer in September 2017, and rented once, from June 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 621, MAG 560
What is 621 worth today?
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Source: Dubai Land Department. Updated 23 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 6th of 6
- Parking
- G-132
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,400 /yr
- Last sold
- AED 336K · September 2017
- Building
- MAG 560
About 621, MAG 560
621 is a studio of 360 sqft on the 6th floor of MAG 560, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 17 September 2017 for AED 336,000, or AED 933 per sqft, in line with the AED 914 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 June 2024. The current contract, renewed on 23 June 2024, is AED 30,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 6,400 a year.
Sales and rents for 621 over time
621 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 621 sits
All 57 studios →621 last sold in September 2017 at AED 933 per sqft, in line with what studios in MAG 560 were fetching at the time (AED 914). 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. 621's AED 30,000 is in the lower 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
- 8.8%
Other units on the 6th floor
All 132 units in MAG 560| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 530KAED 530,000 · Dec 2017December 2017 | 44,000 /yr | |
| 602 | Studio | 389 sqft | AED 340KAED 340,000 · Oct 2018October 2018 | 35,000 /yr | |
| 603 | Studio | 365 sqft | AED 425KAED 425,000 · Oct 2024October 2024 | 36,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 320KAED 320,000 · Aug 2021August 2021 | ||
| 605 | 666 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 62,000 /yr | ||
| 606 | 1-bed | 483 sqft | AED 477KAED 476,850 · Dec 2017December 2017 | 36,000 /yr | |
| 607 | Studio | 389 sqft | AED 340KAED 340,000 · Mar 2018March 2018 | 34,000 /yr | |
| 608 | Studio | 349 sqft | AED 347KAED 347,000 · Aug 2017August 2017 | 23,760 /yr | |
| 609 | 1-bed | 478 sqft | AED 477KAED 476,900 · Sep 2018September 2018 | 40,000 /yr | |
| 610 | 2-bed | 665 sqft | AED 549KAED 548,721 · Mar 2018March 2018 | 49,450 /yr | |
| 611 | 1-bed | 483 sqft | AED 453KAED 453,000 · May 2019May 2019 | 32,550 /yr | |
| 612 | 1-bed | 657 sqft | AED 558KAED 558,000 · Jan 2018January 2018 | 26,000 /yr | |
| 613 | 1-bed | 623 sqft | AED 467KAED 466,695 · Jul 2018July 2018 | 48,000 /yr | |
| 614 | 1-bed | 638 sqft | AED 535KAED 535,000 · Dec 2017December 2017 | 28,000 /yr | |
| 615 | Studio | 410 sqft | AED 394KAED 394,402 · Feb 2018February 2018 | 30,000 /yr | |
| 616 | Studio | 410 sqft | AED 375KAED 375,000 · Jul 2017July 2017 | 37,000 /yr | |
| 617 | Studio | 437 sqft | AED 420KAED 420,000 · Feb 2025February 2025 | 37,000 /yr | |
| 618 | Studio | 437 sqft | AED 279KAED 278,847 · Jun 2021June 2021 | 36,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 448KAED 448,000 · May 2018May 2018 | 30,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 448KAED 448,000 · Apr 2018April 2018 | 50,000 /yr | |
| 622 | Studio | 360 sqft | AED 300KAED 300,000 · Jun 2023June 2023 | 37,000 /yr |
621, MAG 560 in numbers
- Sold once: by MAG on 17 September 2017 for AED 336,000, or AED 933 per sqft.
- Rented since June 2024 on one Ejari contract, at AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2017 price is 8.9%, 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 23 June 2024.
Questions about 621, MAG 560
What did unit 621 last sell for?
AED 336,000 on 17 September 2017, sold by the developer: AED 933 per sqft for 360 sqft. It is the only registered sale of the unit.
What is the rent for unit 621?
AED 30,000 a year on the contract renewed on 23 June 2024.
How big is unit 621?
360 sqft (33.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 621 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 621, MAG 560
Starts from the last sale price (AED 336K, 17 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 336,000
- Deposit, UAE resident (20%)
- AED 67,200
- Deposit, non-resident (40%)
- AED 134,400
- Monthly over 25 years at 3.7%
- AED 1,375
Plus AED 17,022 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →