603, MAG 565
Sold prices and rental history: sold 3 times, last in September 2022, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, MAG 565
What is 603 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 365 sqft
- Floor
- 6th of 6
- Parking
- G-113
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,900 /yr
- Last sold
- AED 270K · September 2022
- Building
- MAG 565
About 603, MAG 565
603 is a studio of 365 sqft on the 6th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 September 2022 for AED 270,000, or AED 739 per sqft, in line with the AED 726 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 40,800 a year: a gross yield of 15.1% on the 2022 price, before the service charge of about AED 5,900 a year.
Sales and rents for 603 over time
603 has sold 3 times; 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 603 sits
All 66 studios →603 last sold in September 2022 at AED 739 per sqft, in line with what studios in MAG 565 were fetching at the time (AED 726). 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. 603's AED 40,800 is in the upper 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 6th floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 447KAED 446,540 · Jul 2021July 2021 | 42,000 /yr | |
| 602 | Studio | 389 sqft | AED 250KAED 250,000 · Sep 2020September 2020 | 42,000 /yr | |
| 604 | 1-bed | 481 sqft | AED 437KAED 437,000 · Nov 2019November 2019 | 52,000 /yr | |
| 605 | 2-bed | 670 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | 50,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 425KAED 425,000 · Feb 2018February 2018 | 49,000 /yr | |
| 607 | Studio | 389 sqft | AED 490KAED 490,000 · Feb 2025February 2025 | 34,000 /yr | |
| 608 | Studio | 349 sqft | AED 298KAED 297,800 · Sep 2021September 2021 | 43,000 /yr | |
| 609 | 1-bed | 481 sqft | AED 455KAED 455,000 · Apr 2024April 2024 | 50,000 /yr | |
| 610 | 2-bed | 668 sqft | AED 480KAED 480,000 · Jul 2022July 2022 | 65,000 /yr | |
| 611 | 1-bed | 483 sqft | AED 435KAED 435,000 · May 2018May 2018 | 40,000 /yr | |
| 612 | 2-bed | 914 sqft | AED 690KAED 690,000 · Oct 2018October 2018 | 49,500 /yr | |
| 613 | 1-bed | 623 sqft | AED 516KAED 516,475 · Oct 2018October 2018 | 55,000 /yr | |
| 614 | Studio | 383 sqft | AED 355KAED 355,000 · Apr 2018April 2018 | 41,000 /yr | |
| 615 | Studio | 410 sqft | AED 300KAED 300,000 · Dec 2024December 2024 | 38,000 /yr | |
| 616 | Studio | 410 sqft | AED 460KAED 460,000 · Jul 2025July 2025 | 42,000 /yr | |
| 617 | Studio | 437 sqft | AED 393KAED 392,950 · Jan 2018January 2018 | 31,500 /yr | |
| 618 | Studio | 437 sqft | AED 395KAED 395,000 · Apr 2019April 2019 | 24,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 478KAED 478,000 · Jan 2018January 2018 | 43,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 580KAED 580,000 · May 2025May 2025 | 27,000 /yr | |
| 621 | Studio | 360 sqft | AED 390KAED 390,000 · Jun 2024June 2024 | 42,000 /yr | |
| 622 | Studio | 360 sqft | AED 325KAED 325,000 · Jul 2018July 2018 | 27,500 /yr |
603, MAG 565 in numbers
- Sold 3 times: first on 29 July 2018 for AED 321,675, last on 1 September 2022 for AED 270,000 (AED 739 per sqft).
- Rented since September 2024 on one Ejari contract, at AED 40,800 a year.
- At AED 40,800 a year the gross yield on the 2022 price is 15.1%, 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 1 September 2024.
Questions about 603, MAG 565
What did unit 603 last sell for?
AED 270,000 on 1 September 2022: AED 739 per sqft for 365 sqft. The unit has 3 registered sales; the first was AED 321,675 in July 2018.
What is the rent for unit 603?
AED 40,800 a year on the contract signed on 1 September 2024.
How big is unit 603?
365 sqft (33.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 603 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 603, MAG 565
Starts from the last sale price (AED 270K, 1 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 270,000
- Deposit, UAE resident (20%)
- AED 54,000
- Deposit, non-resident (40%)
- AED 108,000
- Monthly over 25 years at 3.7%
- AED 1,105
Plus AED 14,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →