122, MAG 565
Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 122, MAG 565
What is 122 worth today?
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Source: Dubai Land Department. Updated 15 June 2026.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 1st of 6
- Parking
- G-22
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,900 /yr
- Last sold
- AED 320K · January 2018
- Building
- MAG 565
About 122, MAG 565
122 is a studio of 360 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 7 January 2018 for AED 320,000, or AED 888 per sqft, 11% below the AED 1,001 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 15 June 2026, is AED 37,000 a year: a gross yield of 11.6% on the 2018 price, before the service charge of about AED 5,900 a year.
Sales and rents for 122 over time
122 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 565, and where 122 sits
All 66 studios →122 last sold in January 2018 at AED 888 per sqft, 11% below what studios in MAG 565 were fetching at the time (AED 1,001). Over the last 12 months studios sold for AED 425,000 to 500,000, around AED 1,195 per sqft, and rent for AED 30,000 to 54,000 a year. 122's AED 37,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 410 sqft | 479,000 | 1,167 | ||
| 21 May 202621 May 2026 | 347 sqft | 425,000 | 1,223 | ||
| 20 May 202620 May 2026 | 347 sqft | 440,000 | 1,266 | ||
| 22 Nov 202522 November 2025 | 437 sqft | 500,000 | 1,144 |
MAG 565
Building132 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%
Other units on the 1st floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 449KAED 449,173 · Nov 2022November 2022 | 35,700 /yr | |
| 102 | Studio | 387 sqft | AED 386KAED 386,492 · Jan 2018January 2018 | 33,500 /yr | |
| 103 | Studio | 365 sqft | AED 375KAED 375,000 · Jun 2018June 2018 | 38,000 /yr | |
| 104 | 1-bed | 481 sqft | AED 420KAED 420,000 · Jul 2018July 2018 | 41,000 /yr | |
| 105 | 2-bed | 670 sqft | AED 479KAED 479,300 · Apr 2023April 2023 | 60,000 /yr | |
| 106 | 1-bed | 483 sqft | AED 436KAED 436,000 · Dec 2017December 2017 | 41,000 /yr | |
| 107 | Studio | 387 sqft | AED 387KAED 387,000 · May 2019May 2019 | 38,000 /yr | |
| 108 | Studio | 347 sqft | AED 296KAED 295,613 · May 2018May 2018 | 38,000 /yr | |
| 109 | 1-bed | 481 sqft | AED 436KAED 436,000 · Mar 2018March 2018 | 46,000 /yr | |
| 110 | 2-bed | 668 sqft | AED 497KAED 497,000 · Jun 2020June 2020 | 55,000 /yr | |
| 111 | 1-bed | 483 sqft | AED 320KAED 320,000 · May 2022May 2022 | 33,396 /yr | |
| 112 | 2-bed | 913 sqft | AED 689KAED 688,548 · May 2018May 2018 | 45,000 /yr | |
| 113 | 1-bed | 622 sqft | AED 518KAED 517,636 · Apr 2019April 2019 | 55,000 /yr | |
| 114 | Studio | 383 sqft | AED 430KAED 430,000 · Jun 2025June 2025 | 36,000 /yr | |
| 115 | Studio | 410 sqft | AED 250KAED 250,000 · Jun 2024June 2024 | 42,000 /yr | |
| 116 | Studio | 410 sqft | AED 360KAED 360,288 · Feb 2020February 2020 | 36,000 /yr | |
| 117 | Studio | 437 sqft | AED 290KAED 290,000 · Jul 2023July 2023 | 38,000 /yr | |
| 118 | Studio | 437 sqft | AED 385KAED 385,000 · Jun 2018June 2018 | 36,000 /yr | |
| 119 | 1-bed | 514 sqft | AED 620KAED 620,000 · Jan 2026January 2026 | 46,000 /yr | |
| 120 | 1-bed | 514 sqft | AED 378KAED 377,530 · Oct 2021October 2021 | 47,000 /yr | |
| 121 | Studio | 360 sqft | AED 368KAED 367,500 · Feb 2020February 2020 | 27,000 /yr |
122, MAG 565 in numbers
- Sold once: by MAG on 7 January 2018 for AED 320,000, or AED 888 per sqft.
- Rented since January 2021 on 7 Ejari contracts, from AED 20,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2018 price is 11.6%, before a service charge of about AED 5,900 a year (AED 16.26 per sqft).
- Studios in MAG 565 sold for AED 425,000–500,000 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 15 June 2026.
Questions about 122, MAG 565
What did unit 122 last sell for?
AED 320,000 on 7 January 2018, sold by the developer: AED 888 per sqft for 360 sqft. It is the only registered sale of the unit.
What is the rent for unit 122?
AED 37,000 a year on the contract signed on 15 June 2026. The previous contract, from March 2025, was AED 30,800; the unit has been rented since January 2021.
How big is unit 122?
360 sqft (33.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 122 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 565 sold for AED 425,000 to 500,000 in the last 12 months, around AED 1,195 per sqft.
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Mortgage on 122, MAG 565
Starts from the last sale price (AED 320K, 7 January 2018). 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 →