1-bed · 622 sqftMAG 565, Dubai South · 1st floor · completed 2020

113, MAG 565

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 518K10 April 2019
Current rentAED 55K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, MAG 565

What is 113 worth today?

Last sold for AED 517,636 in 2019

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1 Mar 2026RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
26 Feb 2025RentedNew contract
AED 52,000/yr12 months · AED 83 per sqft
1 Jan 2024RentedRenewal
AED 34,000/yr12 months · AED 55 per sqft
1 Jan 2023RentedNew contract
AED 32,000/yr12 months · AED 51 per sqft
5 Dec 2021RentedRenewal
AED 25,000/yr12 months · AED 40 per sqft
5 Dec 2020RentedNew contract
AED 24,000/yr12 months · AED 39 per sqft
10 Apr 2019Sold by developerOff-plan
AED 517,636AED 831 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
1st of 6
Parking
G-13
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 518K · April 2019
Building
MAG 565

About 113, MAG 565

113 is a one-bedroom apartment of 622 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 10 April 2019 for AED 517,636, or AED 831 per sqft, 5% below the AED 879 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 March 2026, is AED 55,000 a year: a gross yield of 10.6% on the 2019 price, before the service charge of about AED 10,100 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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, April 2019: AED 517,636 (AED 831 per sqft)

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

Rents
Unit 113, each contractTypical one-bed in MAG 565
20K40K60K2020202220242026Typical 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, December 2020: AED 24,000 a yearRenewal, December 2021: AED 25,000 a yearNew contract, January 2023: AED 32,000 a yearRenewal, January 2024: AED 34,000 a yearNew contract, February 2025: AED 52,000 a yearNew contract, March 2026: AED 55,000 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 113 sits

All 48 1-beds →

113 last sold in April 2019 at AED 831 per sqft, 5% below what one-beds in MAG 565 were fetching at the time (AED 879). 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. 113's AED 55,000 is in the upper 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
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

113, MAG 565 in numbers

  • Sold once: by MAG on 10 April 2019 for AED 517,636, or AED 831 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 24,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 10.6%, before a service charge of about AED 10,100 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 March 2026.

Questions about 113, MAG 565

What did unit 113 last sell for?

AED 517,636 on 10 April 2019, sold by the developer: AED 831 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 113?

AED 55,000 a year on the contract signed on 1 March 2026. The previous contract, from February 2025, was AED 52,000; the unit has been rented since December 2020.

How big is unit 113?

622 sqft (57.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 113 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 113, MAG 565

Starts from the last sale price (AED 518K, 10 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 517,636
Deposit, UAE resident (20%)
AED 103,527
Deposit, non-resident (40%)
AED 207,054
Monthly over 25 years at 3.7%
AED 2,118

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