1-bed · 483 sqftMAG 565, Dubai South · 4th floor · completed 2020

411, MAG 565

Sold prices and rental history: sold twice, last in February 2024, and rented once, from September 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 19 February 2024
Last soldAED 435K19 February 2024
Current rentAED 24K /yr5 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, MAG 565

What is 411 worth today?

Last sold for AED 435,000 in 2024

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19 Feb 2024SoldReady
AED 435,000AED 900 per sqft
5 Sep 2020RentedNew contract
AED 23,500/yr12 months · AED 49 per sqft
18 Sep 2018Sold by developerOff-plan
AED 436,000AED 902 per sqft

Source: Dubai Land Department. Updated 19 February 2024.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
4th of 6
Parking
G-47
Developer
MAG
Completed
2020
Service charge
AED 7,900 /yr
Last sold
AED 435K · February 2024
Building
MAG 565

About 411, MAG 565

411 is a one-bedroom apartment of 483 sqft on the 4th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 19 February 2024 for AED 435,000, or AED 900 per sqft, 16% above the AED 778 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 September 2020. The current contract, signed on 5 September 2020, is AED 23,500 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for 411 over time

Sales
Unit 411, each saleTypical one-bed in MAG 565
400K500K600K2017202020232026Typical sale price by year: 2017 AED 428,000; 2018 AED 436,000; 2019 AED 502,327; 2021 AED 377,530; 2022 AED 449,000; 2024 AED 455,000; 2025 AED 580,000Sold by developer, September 2018: AED 436,000 (AED 902 per sqft)Sold, February 2024: AED 435,000 (AED 900 per sqft)

411 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 411, each contractTypical one-bed in MAG 565
20K30K40K2020202220242026Typical rent by year: 2020 AED 23,718; 2021 AED 24,000; 2022 AED 26,000; 2023 AED 34,000; 2024 AED 40,500; 2025 AED 45,000New contract, September 2020: AED 23,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 565, and where 411 sits

All 48 1-beds →

411 last sold in February 2024 at AED 900 per sqft, 16% above what one-beds in MAG 565 were fetching at the time (AED 778). Over the last 12 months one-beds sold for AED 620,000 to 625,000, around AED 1,253 per sqft, and rent for AED 41,000 to 60,000 a year. 411's AED 23,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 2026620,000
12 Nov 2025625,000
31 Jul 2025580,000
31 Jul 2025695,000
2 1-bed sales in the last 12 months

MAG 565

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 1,206
Typical sale
AED 620K
Typical rent
AED 42K /yr
Typical yield
8.0%
MAG 565, Dubai South: prices, sales and rents →

Other units on the 4th floor

All 132 units in MAG 565
Value
4011-bedAED 523K · Dec 2019
402StudioAED 340K · Mar 2018
403StudioAED 322K · Jun 2018
4041-bedAED 448K · Apr 2018
4052-bedAED 640K · Jun 2024
4061-bedAED 436K · Apr 2018
407StudioAED 385K · Dec 2019
1–7 of 21

411, MAG 565 in numbers

  • Sold twice: first on 18 September 2018 for AED 436,000, last on 19 February 2024 for AED 435,000 (AED 900 per sqft).
  • Rented since September 2020 on one Ejari contract, at AED 23,500 a year.
  • At AED 23,500 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 7,900 a year (AED 16.26 per sqft).
  • One-beds in MAG 565 sold for AED 620,000–625,000 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 19 February 2024.

Questions about 411, MAG 565

What did unit 411 last sell for?

AED 435,000 on 19 February 2024: AED 900 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 436,000 in September 2018.

What is the rent for unit 411?

AED 23,500 a year on the contract signed on 5 September 2020.

How big is unit 411?

483 sqft (44.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 411 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 565 sold for AED 620,000 to 625,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 411, MAG 565

Starts from the last sale price (AED 435K, 19 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

Plus AED 21,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →