115, MAG 565
Sold prices and rental history: sold twice, last in June 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 115, MAG 565
What is 115 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 1st of 6
- Parking
- G-15
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,700 /yr
- Last sold
- AED 250K · June 2024
- Building
- MAG 565
About 115, MAG 565
115 is a studio of 410 sqft on the 1st floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 June 2024 for AED 250,000, or AED 610 per sqft, 29% below the AED 859 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 36,000 a year: a gross yield of 14.4% on the 2024 price, before the service charge of about AED 6,700 a year.
Sales and rents for 115 over time
115 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 565, and where 115 sits
All 66 studios →115 last sold in June 2024 at AED 610 per sqft, 29% below what studios in MAG 565 were fetching at the time (AED 859). Over the last 12 months studios sold for AED 500,000, around AED 1,144 per sqft, and rent for AED 31,500 to 43,500 a year. 115's AED 36,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Nov 202522 November 2025 | 437 sqft | 500,000 | 1,144 | ||
| 10 Jul 202510 July 2025 | 410 sqft | 460,000 | 1,121 | ||
| 30 Jun 202530 June 2025 | 383 sqft | 430,000 | 1,124 | ||
| 19 Jun 202519 June 2025 | 410 sqft | 460,000 | 1,121 |
MAG 565
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 1,206
- Typical sale
- AED 620K
- Typical rent
- AED 42K /yr
- Typical yield
- 8.0%
Other units on the 1st floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 449KAED 449,173 · Nov 2022November 2022 | 35,700 /yr | |
| 102 | Studio | 387 sqft | AED 386KAED 386,492 · Jan 2018January 2018 | 33,500 /yr | |
| 103 | Studio | 365 sqft | AED 375KAED 375,000 · Jun 2018June 2018 | 38,000 /yr | |
| 104 | 1-bed | 481 sqft | AED 420KAED 420,000 · Jul 2018July 2018 | 41,000 /yr | |
| 105 | 2-bed | 670 sqft | AED 479KAED 479,300 · Apr 2023April 2023 | 31,000 /yr | |
| 106 | 1-bed | 483 sqft | AED 436KAED 436,000 · Dec 2017December 2017 | 41,000 /yr | |
| 107 | Studio | 387 sqft | AED 387KAED 387,000 · May 2019May 2019 | ||
| 108 | Studio | 347 sqft | AED 296KAED 295,613 · May 2018May 2018 | 38,000 /yr | |
| 109 | 1-bed | 481 sqft | AED 436KAED 436,000 · Mar 2018March 2018 | 46,000 /yr | |
| 110 | 2-bed | 668 sqft | AED 497KAED 497,000 · Jun 2020June 2020 | 55,000 /yr | |
| 111 | 1-bed | 483 sqft | AED 320KAED 320,000 · May 2022May 2022 | 29,040 /yr | |
| 112 | 2-bed | 913 sqft | AED 689KAED 688,548 · May 2018May 2018 | ||
| 113 | 1-bed | 622 sqft | AED 518KAED 517,636 · Apr 2019April 2019 | 52,000 /yr | |
| 114 | Studio | 383 sqft | AED 430KAED 430,000 · Jun 2025June 2025 | 39,000 /yr | |
| 116 | Studio | 410 sqft | AED 360KAED 360,288 · Feb 2020February 2020 | 36,000 /yr | |
| 117 | Studio | 437 sqft | AED 290KAED 290,000 · Jul 2023July 2023 | 38,000 /yr | |
| 118 | Studio | 437 sqft | AED 385KAED 385,000 · Jun 2018June 2018 | 22,059 /yr | |
| 119 | 1-bed | 514 sqft | AED 620KAED 620,000 · Jan 2026January 2026 | ||
| 120 | 1-bed | 514 sqft | AED 378KAED 377,530 · Oct 2021October 2021 | 47,000 /yr | |
| 121 | Studio | 360 sqft | AED 368KAED 367,500 · Feb 2020February 2020 | 27,000 /yr | |
| 122 | Studio | 360 sqft | AED 320KAED 320,000 · Jan 2018January 2018 | 30,800 /yr |
115, MAG 565 in numbers
- Sold twice: first on 24 December 2020 for AED 377,850, last on 24 June 2024 for AED 250,000 (AED 610 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 35,903 to AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2024 price is 14.4%, before a service charge of about AED 6,700 a year (AED 16.26 per sqft).
- Studios in MAG 565 sold for AED 500,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 1,206 per sqft.
Source: Dubai Land Department. Updated 1 August 2025.
Questions about 115, MAG 565
What did unit 115 last sell for?
AED 250,000 on 24 June 2024: AED 610 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 377,850 in December 2020.
What is the rent for unit 115?
AED 36,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 35,903.
How big is unit 115?
410 sqft (38.1 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 115 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 565 sold for AED 500,000 to 500,000 in the last 12 months, around AED 1,144 per sqft.
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Mortgage on 115, MAG 565
Starts from the last sale price (AED 250K, 24 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 250,000
- Deposit, UAE resident (20%)
- AED 50,000
- Deposit, non-resident (40%)
- AED 100,000
- Monthly over 25 years at 3.7%
- AED 1,023
Plus AED 13,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →