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1-bed · 628 sqftMAG 565, Dubai South · 1st floor · completed 2020

101, MAG 565

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 449K24 November 2022
Current rentAED 36K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 101, MAG 565

What is 101 worth today?

Last sold for AED 449,173 in 2022

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1 Jun 2024RentedRenewal
AED 35,700/yr12 months · AED 57 per sqft
1 Jun 2023RentedNew contract
AED 34,000/yr12 months · AED 54 per sqft
24 Nov 2022Sold by developerReady
AED 449,173AED 714 per sqft
10 Sep 2021RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
1st of 6
Parking
G-01
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 449K · November 2022
Building
MAG 565

About 101, MAG 565

101 is a one-bedroom apartment of 628 sqft on the 1st floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 November 2022 for AED 449,173, or AED 714 per sqft, in line with the AED 714 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 35,700 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 10,200 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical one-bed in MAG 565
400K500K600K2017202020232026Typical sale price by year: 2017 AED 428,000; 2018 AED 436,000; 2019 AED 502,327; 2021 AED 377,530; 2022 AED 449,000; 2024 AED 455,000; 2025 AED 580,000Sold by developer, November 2022: AED 449,173 (AED 714 per sqft)

101 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 101, each contractTypical one-bed in MAG 565
20K40K2020202220242026Typical rent by year: 2020 AED 23,945; 2021 AED 24,000; 2022 AED 26,000; 2023 AED 33,250; 2024 AED 40,500; 2025 AED 45,500; 2026 AED 48,000New contract, September 2021: AED 25,000 a yearNew contract, June 2023: AED 34,000 a yearRenewal, June 2024: AED 35,700 a year

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

1-beds in MAG 565, and where 101 sits

All 48 1-beds →

101 last sold in November 2022 at AED 714 per sqft, in line with what one-beds in MAG 565 were fetching at the time (AED 714). Over the last 12 months one-beds sold for AED 620,000 to 625,000, around AED 1,253 per sqft, and rent for AED 33,396 to 60,000 a year. 101's AED 35,700 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 2026620,000
12 Nov 2025625,000
31 Jul 2025580,000
31 Jul 2025695,000
2 1-bed sales 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,206
Typical sale
AED 500K
Typical rent
AED 42K /yr
Typical yield
7.7%
MAG 565, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 565
Value
102StudioAED 386K · Jan 2018
103StudioAED 375K · Jun 2018
1041-bedAED 420K · Jul 2018
1052-bedAED 479K · Apr 2023
1061-bedAED 436K · Dec 2017
107StudioAED 387K · May 2019
108StudioAED 296K · May 2018
1–7 of 21

101, MAG 565 in numbers

  • Sold once: by MAG on 24 November 2022 for AED 449,173, or AED 714 per sqft.
  • Rented since September 2021 on 3 Ejari contracts, from AED 25,000 to AED 35,700 a year.
  • At AED 35,700 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 10,200 a year (AED 16.26 per sqft).
  • One-beds in MAG 565 sold for AED 620,000–625,000 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 June 2024.

Questions about 101, MAG 565

What did unit 101 last sell for?

AED 449,173 on 24 November 2022, sold by the developer: AED 714 per sqft for 628 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 35,700 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 34,000; the unit has been rented since September 2021.

How big is unit 101?

628 sqft (58.3 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 565 sold for AED 620,000 to 625,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 101, MAG 565

Starts from the last sale price (AED 449K, 24 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 449,173
Deposit, UAE resident (20%)
AED 89,835
Deposit, non-resident (40%)
AED 179,669
Monthly over 25 years at 3.7%
AED 1,838

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