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

418, MAG 565

Sold prices and rental history: sold once, by the developer in August 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 20 August 2020
Last soldAED 350K20 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, MAG 565

What is 418 worth today?

Last sold for AED 350,000 in 2020

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20 Aug 2020Sold by developerReady
AED 350,000AED 801 per sqft

Source: Dubai Land Department. Updated 20 August 2020.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
4th of 6
Parking
G-84
Developer
MAG
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 350K · August 2020
Building
MAG 565

About 418, MAG 565

418 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 20 August 2020 for AED 350,000, or AED 801 per sqft, 9% below the AED 881 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 418 over time

Sales
Unit 418, 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, August 2020: AED 350,000 (AED 801 per sqft)

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

Rents
Unit 418, 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 42,000

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 418 sits

All 66 studios →

418 last sold in August 2020 at AED 801 per sqft, 9% below what studios in MAG 565 were fetching at the time (AED 881). 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.

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

418, MAG 565 in numbers

  • Sold once: by MAG on 20 August 2020 for AED 350,000, or AED 801 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 20 August 2020.

Questions about 418, MAG 565

What did unit 418 last sell for?

AED 350,000 on 20 August 2020, sold by the developer: AED 801 per sqft for 437 sqft. It is the only registered sale of the unit.

How big is unit 418?

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

What is unit 418 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 418, MAG 565

Starts from the last sale price (AED 350K, 20 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →