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Studio · 437 sqftMAG 565, Dubai South · 4th floor · completed 2020

417, MAG 565

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 417 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 384K4 September 2019
Current rentAED 42K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 417, MAG 565

What is 417 worth today?

Last sold for AED 384,000 in 2019

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1 Jul 2025RentedNew contract
AED 42,000/yr12 months · AED 96 per sqft
1 Jul 2024RentedRenewal
AED 29,000/yr12 months · AED 66 per sqft
1 Jul 2023RentedNew contract
AED 27,000/yr12 months · AED 62 per sqft
1 Jul 2022RentedNew contract
AED 22,000/yr12 months · AED 51 per sqft
15 Aug 2020RentedNew contract
AED 17,000/yr12 months · AED 39 per sqft
4 Sep 2019Sold by developerOff-plan
AED 384,000AED 878 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
4th of 6
Parking
G-83
Developer
MAG
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 384K · September 2019
Building
MAG 565

About 417, MAG 565

417 is a studio of 437 sqft on the 4th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 4 September 2019 for AED 384,000, or AED 878 per sqft, 5% below the AED 925 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 July 2025, is AED 42,000 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 7,100 a year.

Sales and rents for 417 over time

Sales
Unit 417, each saleTypical studio in MAG 565
300K400K2017202020232026Typical sale price by year: 2017 AED 367,500; 2018 AED 376,421; 2019 AED 373,800; 2020 AED 321,675; 2021 AED 292,000; 2022 AED 265,250; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 455,000Sold by developer, September 2019: AED 384,000 (AED 878 per sqft)

417 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 417, each contractTypical studio in MAG 565
20K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 26,000; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 42,000New contract, August 2020: AED 17,000 a yearNew contract, July 2022: AED 22,000 a yearNew contract, July 2023: AED 27,000 a yearRenewal, July 2024: AED 29,000 a yearNew contract, July 2025: AED 42,000 a year

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

Studios in MAG 565, and where 417 sits

All 66 studios →

417 last sold in September 2019 at AED 878 per sqft, 5% below what studios in MAG 565 were fetching at the time (AED 925). 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. 417's AED 42,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Nov 2025500,000
10 Jul 2025460,000
30 Jun 2025430,000
19 Jun 2025460,000
1 studio sale 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

417, MAG 565 in numbers

  • Sold once: by MAG on 4 September 2019 for AED 384,000, or AED 878 per sqft.
  • Rented since August 2020 on 5 Ejari contracts, from AED 17,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 7,100 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 July 2025.

Questions about 417, MAG 565

What did unit 417 last sell for?

AED 384,000 on 4 September 2019, sold by the developer: AED 878 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 417?

AED 42,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2024, was AED 29,000; the unit has been rented since August 2020.

How big is unit 417?

437 sqft (40.6 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 417 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 417, MAG 565

Starts from the last sale price (AED 384K, 4 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 384,000
Deposit, UAE resident (20%)
AED 76,800
Deposit, non-resident (40%)
AED 153,600
Monthly over 25 years at 3.7%
AED 1,571

Plus AED 19,038 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →