Home
Dubai prices
About
Research
1-bed · 483 sqftMAG 565, Dubai South · 1st floor · completed 2020

111, MAG 565

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 320K13 May 2022
Current rentAED 33K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 111

Property timeline for 111, MAG 565

What is 111 worth today?

Last sold for AED 320,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 May 2026RentedRenewal
AED 33,396/yr12 months · AED 69 per sqft
1 May 2025RentedRenewal
AED 29,040/yr12 months · AED 60 per sqft
1 May 2024RentedRenewal
AED 26,400/yr12 months · AED 55 per sqft
1 May 2023RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
13 May 2022SoldReady
AED 320,000AED 662 per sqft
1 May 2022RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
5 Oct 2021RentedRenewal
AED 20,000/yr12 months · AED 41 per sqft
5 Oct 2020RentedNew contract
AED 20,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
1st of 6
Parking
G-28
Developer
MAG
Completed
2020
Service charge
AED 7,900 /yr
Last sold
AED 320K · May 2022
Building
MAG 565

About 111, MAG 565

111 is a one-bedroom apartment of 483 sqft on the 1st floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 13 May 2022 for AED 320,000, or AED 662 per sqft, 7% below the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 33,396 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 7,900 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in MAG 565
400K600K2017202020232026Typical 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, May 2018: AED 413,500 (AED 856 per sqft)Sold, May 2022: AED 320,000 (AED 662 per sqft)

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

Rents
Unit 111, 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, October 2020: AED 20,000 a yearRenewal, October 2021: AED 20,000 a yearNew contract, May 2022: AED 24,000 a yearRenewal, May 2023: AED 24,000 a yearRenewal, May 2024: AED 26,400 a yearRenewal, May 2025: AED 29,040 a yearRenewal, May 2026: AED 33,396 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 111 sits

All 48 1-beds →

111 last sold in May 2022 at AED 662 per sqft, 7% below what one-beds in MAG 565 were fetching at the time (AED 709). 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. 111's AED 33,396 is at the bottom 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
1011-bedAED 449K · Nov 2022
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
1–7 of 21

111, MAG 565 in numbers

  • Sold twice: first on 28 May 2018 for AED 413,500, last on 13 May 2022 for AED 320,000 (AED 662 per sqft).
  • Rented since October 2020 on 7 Ejari contracts, from AED 20,000 to AED 33,396 a year.
  • At AED 33,396 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 7,900 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 May 2026.

Questions about 111, MAG 565

What did unit 111 last sell for?

AED 320,000 on 13 May 2022: AED 662 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 413,500 in May 2018.

What is the rent for unit 111?

AED 33,396 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 29,040; the unit has been rented since October 2020.

How big is unit 111?

483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 111 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.

Selling 111? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 111, MAG 565

Starts from the last sale price (AED 320K, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

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