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2-bed · 670 sqftMAG 565, Dubai South · 2nd floor · completed 2020

205, MAG 565

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

Unit 205 · DLD and Ejari recordsUpdated 14 January 2026
Last soldAED 497K24 September 2019
Current rentAED 60K /yr14 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 205, MAG 565

What is 205 worth today?

Last sold for AED 497,000 in 2019

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14 Jan 2026RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
14 Jan 2025RentedRenewal
AED 42,000/yr12 months · AED 63 per sqft
14 Jan 2024RentedRenewal
AED 35,000/yr12 months · AED 52 per sqft
14 Jan 2023RentedRenewal
AED 28,000/yr12 months · AED 42 per sqft
15 Jan 2022RentedRenewal
AED 28,075/yr12 months · AED 42 per sqft
15 Dec 2020RentedNew contract
AED 28,000/yr13 months · AED 42 per sqft
24 Sep 2019Sold by developerOff-plan
AED 497,000AED 742 per sqft

Source: Dubai Land Department. Updated 14 January 2026.

Key facts

Type
2-bed apartment
Size
670 sqft
Floor
2nd of 6
Parking
G-06
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 497K · September 2019
Building
MAG 565

About 205, MAG 565

205 is a two-bedroom apartment of 670 sqft on the 2nd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 September 2019 for AED 497,000, or AED 742 per sqft, in line with the AED 743 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 14 January 2026, is AED 60,000 a year: a gross yield of 12.1% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in MAG 565
600K2018202020222024Typical sale price by year: 2018 AED 688,548; 2019 AED 497,000; 2020 AED 497,000; 2022 AED 750,000; 2023 AED 530,000Sold by developer, September 2019: AED 497,000 (AED 742 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in MAG 565
40K60K2020202220242026Typical rent by year: 2020 AED 35,000; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 42,000; 2024 AED 44,160; 2025 AED 49,500; 2026 AED 50,750New contract, December 2020: AED 28,000 a yearRenewal, January 2022: AED 28,075 a yearRenewal, January 2023: AED 28,000 a yearRenewal, January 2024: AED 35,000 a yearRenewal, January 2025: AED 42,000 a yearRenewal, January 2026: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 565, and where 205 sits

All 18 2-beds →

205 last sold in September 2019 at AED 742 per sqft, in line with what two-beds in MAG 565 were fetching at the time (AED 743). Over the last 12 months two-beds sold for AED 725,000, around AED 1,084 per sqft, and rent for AED 45,000 to 60,000 a year. 205's AED 60,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Aug 2026725,000
4 Apr 2025720,000
3 Jun 2024640,000
20 Jun 2023530,000
1 2-bed sale 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 2nd floor

All 132 units in MAG 565
Value
2011-bedAED 458K · Jan 2022
202StudioAED 250K · Jul 2020
203StudioAED 323K · Feb 2024
2041-bedAED 500K · Aug 2024
2061-bedAED 436K · Jun 2018
207StudioAED 250K · Jul 2020
208StudioAED 440K · May 2026
1–7 of 21

205, MAG 565 in numbers

  • Sold once: by MAG on 24 September 2019 for AED 497,000, or AED 742 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 28,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2019 price is 12.1%, before a service charge of about AED 10,900 a year (AED 16.26 per sqft).
  • Two-beds in MAG 565 sold for AED 725,000–725,000 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 14 January 2026.

Questions about 205, MAG 565

What did unit 205 last sell for?

AED 497,000 on 24 September 2019, sold by the developer: AED 742 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 60,000 a year on the contract renewed on 14 January 2026. The previous contract, from January 2025, was AED 42,000; the unit has been rented since December 2020.

How big is unit 205?

670 sqft (62.2 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 205 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 565 sold for AED 725,000 to 725,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 205, MAG 565

Starts from the last sale price (AED 497K, 24 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 497,000
Deposit, UAE resident (20%)
AED 99,400
Deposit, non-resident (40%)
AED 198,800
Monthly over 25 years at 3.7%
AED 2,033

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