Home
Dubai prices
About
Research
1-bed · 514 sqftMAG 565, Dubai South · 1st floor · completed 2020

120, MAG 565

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

Unit 120 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 378K6 October 2021
Current rentAED 47K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 120

Property timeline for 120, MAG 565

What is 120 worth today?

Last sold for AED 377,530 in 2021

Unlock today's estimate, updated daily, with

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

20 Dec 2025RentedNew contract
AED 47,000/yr12 months · AED 91 per sqft
30 Nov 2024RentedNew contract
AED 44,000/yr12 months · AED 85 per sqft
27 Oct 2023RentedNew contract
AED 42,000/yr12 months · AED 81 per sqft
25 Sep 2022RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
6 Oct 2021Sold by developerReady
AED 377,530AED 734 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
1st of 6
Parking
G-20
Developer
MAG
Completed
2020
Service charge
AED 8,400 /yr
Last sold
AED 378K · October 2021
Building
MAG 565

About 120, MAG 565

120 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. The developer sold it on 6 October 2021 for AED 377,530, or AED 734 per sqft, 4% above the AED 709 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 20 December 2025, is AED 47,000 a year: a gross yield of 12.4% on the 2021 price, before the service charge of about AED 8,400 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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, October 2021: AED 377,530 (AED 734 per sqft)

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

Rents
Unit 120, 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 2022: AED 30,000 a yearNew contract, October 2023: AED 42,000 a yearNew contract, November 2024: AED 44,000 a yearNew contract, December 2025: AED 47,000 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 120 sits

All 48 1-beds →

120 last sold in October 2021 at AED 734 per sqft, 4% above 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. 120's AED 47,000 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

120, MAG 565 in numbers

  • Sold once: by MAG on 6 October 2021 for AED 377,530, or AED 734 per sqft.
  • Rented since September 2022 on 4 Ejari contracts, from AED 30,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2021 price is 12.4%, 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 20 December 2025.

Questions about 120, MAG 565

What did unit 120 last sell for?

AED 377,530 on 6 October 2021, sold by the developer: AED 734 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 47,000 a year on the contract signed on 20 December 2025. The previous contract, from November 2024, was AED 44,000; the unit has been rented since September 2022.

How big is unit 120?

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

What is unit 120 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 120? 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 120, MAG 565

Starts from the last sale price (AED 378K, 6 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 377,530
Deposit, UAE resident (20%)
AED 75,506
Deposit, non-resident (40%)
AED 151,012
Monthly over 25 years at 3.7%
AED 1,545

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