1-bed · 514 sqftMAG 565, Dubai South · 1st floor · completed 2020

119, MAG 565

Sold prices and rental history: sold twice, last in January 2026, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 9 August 2026
Last soldAED 620K9 January 2026
Current rentAED 46K /yr9 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, MAG 565

What is 119 worth today?

Last sold for AED 620,000 in 2026

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9 Aug 2026RentedNew contract
AED 46,000/yr12 months · AED 89 per sqft
20 Feb 2026RentedNew contract
AED 57,000/yr12 months · AED 110 per sqft
9 Jan 2026SoldReady
AED 620,000AED 1,206 per sqft
9 May 2018Sold by developerOff-plan
AED 440,000AED 856 per sqft

Source: Dubai Land Department. Updated 9 August 2026.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
1st of 6
Parking
G-19
Developer
MAG
Completed
2020
Service charge
AED 8,400 /yr
Last sold
AED 620K · January 2026
Building
MAG 565

About 119, MAG 565

119 is a one-bedroom apartment of 514 sqft on the 1st floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 9 January 2026 for AED 620,000, or AED 1,206 per sqft, 7% above the AED 1,122 one-beds in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 9 August 2026, is AED 46,000 a year: a gross yield of 7.4% on the 2026 price, before the service charge of about AED 8,400 a year.

Sales and rents for 119 over time

Sales
Unit 119, 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 440,000 (AED 856 per sqft)Sold, January 2026: AED 620,000 (AED 1,206 per sqft)

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

Rents
Unit 119, 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, February 2026: AED 57,000 a yearNew contract, August 2026: AED 46,000 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 119 sits

All 48 1-beds →

119 last sold in January 2026 at AED 1,206 per sqft, 7% above what one-beds in MAG 565 were fetching at the time (AED 1,122). 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. 119's AED 46,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Nov 2025625,000
31 Jul 2025580,000
31 Jul 2025695,000
2 Jun 2025505,000
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

119, MAG 565 in numbers

  • Sold twice: first on 9 May 2018 for AED 440,000, last on 9 January 2026 for AED 620,000 (AED 1,206 per sqft).
  • Rented since February 2026 on 2 Ejari contracts, from AED 57,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2026 price is 7.4%, before a service charge of about AED 8,400 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 9 August 2026.

Questions about 119, MAG 565

What did unit 119 last sell for?

AED 620,000 on 9 January 2026: AED 1,206 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 440,000 in May 2018.

What is the rent for unit 119?

AED 46,000 a year on the contract signed on 9 August 2026. The previous contract, from February 2026, was AED 57,000.

How big is unit 119?

514 sqft (47.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 119 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 119, MAG 565

Starts from the last sale price (AED 620K, 9 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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