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Studio · 360 sqftMAG 565, Dubai South · 4th floor · completed 2020

422, MAG 565

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 25 October 2025
Last soldAED 368K6 November 2017
Current rentAED 41K /yr25 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 422, MAG 565

What is 422 worth today?

Last sold for AED 367,500 in 2017

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25 Oct 2025RentedRenewal
AED 41,000/yr12 months · AED 115 per sqft
25 Oct 2024RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
10 Oct 2023RentedNew contract
AED 29,000/yr12 months · AED 82 per sqft
10 Oct 2022RentedNew contract
AED 22,000/yr12 months · AED 62 per sqft
6 Nov 2017Sold by developerOff-plan
AED 367,500AED 1,020 per sqft

Source: Dubai Land Department. Updated 25 October 2025.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
4th of 6
Parking
G-88
Developer
MAG
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 368K · November 2017
Building
MAG 565

About 422, MAG 565

422 is a studio of 360 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 6 November 2017 for AED 367,500, or AED 1,020 per sqft, 10% above the AED 925 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 41,000 a year: a gross yield of 11.2% on the 2017 price, before the service charge of about AED 5,900 a year.

Sales and rents for 422 over time

Sales
Unit 422, 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, November 2017: AED 367,500 (AED 1,020 per sqft)

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

Rents
Unit 422, 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, October 2022: AED 22,000 a yearNew contract, October 2023: AED 29,000 a yearNew contract, October 2024: AED 40,000 a yearRenewal, October 2025: AED 41,000 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 422 sits

All 66 studios →

422 last sold in November 2017 at AED 1,020 per sqft, 10% above 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. 422's AED 41,000 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

422, MAG 565 in numbers

  • Sold once: by MAG on 6 November 2017 for AED 367,500, or AED 1,020 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 22,000 to AED 41,000 a year.
  • At AED 41,000 a year the gross yield on the 2017 price is 11.2%, before a service charge of about AED 5,900 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 25 October 2025.

Questions about 422, MAG 565

What did unit 422 last sell for?

AED 367,500 on 6 November 2017, sold by the developer: AED 1,020 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 422?

AED 41,000 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 40,000; the unit has been rented since October 2022.

How big is unit 422?

360 sqft (33.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 422 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 422, MAG 565

Starts from the last sale price (AED 368K, 6 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 367,500
Deposit, UAE resident (20%)
AED 73,500
Deposit, non-resident (40%)
AED 147,000
Monthly over 25 years at 3.7%
AED 1,504

Plus AED 18,345 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →