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Studio · 389 sqftMAG 565, Dubai South · 6th floor · completed 2020

607, MAG 565

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 490K20 February 2025
Current rentAED 34K /yr24 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 607, MAG 565

What is 607 worth today?

Last sold for AED 490,000 in 2025

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20 Feb 2025SoldReady
AED 490,000AED 1,259 per sqft
24 Aug 2024RentedNew contract
AED 34,000/yr12 months · AED 87 per sqft
1 Dec 2022RentedNew contract
AED 24,000/yr12 months · AED 62 per sqft
20 Feb 2021RentedNew contract
AED 18,000/yr12 months · AED 46 per sqft
17 Aug 2020SoldReady
AED 250,000AED 642 per sqft
25 Jun 2018Sold by developerOff-plan
AED 359,899AED 924 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
6th of 6
Parking
G-117
Developer
MAG
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 490K · February 2025
Building
MAG 565

About 607, MAG 565

607 is a studio of 389 sqft on the 6th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 February 2025 for AED 490,000, or AED 1,259 per sqft, 30% above the AED 967 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 24 August 2024, is AED 34,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 6,300 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical studio in MAG 565
400K2017202020232026Typical 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, June 2018: AED 359,899 (AED 924 per sqft)Sold, August 2020: AED 250,000 (AED 642 per sqft)Sold, February 2025: AED 490,000 (AED 1,259 per sqft)

607 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 607, 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, February 2021: AED 18,000 a yearNew contract, December 2022: AED 24,000 a yearNew contract, August 2024: AED 34,000 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 607 sits

All 66 studios →

607 last sold in February 2025 at AED 1,259 per sqft, 30% above what studios in MAG 565 were fetching at the time (AED 967). 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. 607's AED 34,000 is in the lower 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 6th floor

All 132 units in MAG 565
Value
6011-bedAED 447K · Jul 2021
602StudioAED 250K · Sep 2020
603StudioAED 270K · Sep 2022
6041-bedAED 437K · Nov 2019
6052-bedAED 530K · Jun 2023
6061-bedAED 425K · Feb 2018
608StudioAED 298K · Sep 2021
1–7 of 21

607, MAG 565 in numbers

  • Sold 3 times: first on 25 June 2018 for AED 359,899, last on 20 February 2025 for AED 490,000 (AED 1,259 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 18,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 6,300 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 20 February 2025.

Questions about 607, MAG 565

What did unit 607 last sell for?

AED 490,000 on 20 February 2025: AED 1,259 per sqft for 389 sqft. The unit has 3 registered sales; the first was AED 359,899 in June 2018.

What is the rent for unit 607?

AED 34,000 a year on the contract signed on 24 August 2024. The previous contract, from December 2022, was AED 24,000; the unit has been rented since February 2021.

How big is unit 607?

389 sqft (36.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 607 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 607, MAG 565

Starts from the last sale price (AED 490K, 20 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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