1-bed · 483 sqftMAG 565, Dubai South · 2nd floor · completed 2020

206, MAG 565

Sold prices and rental history: sold once, by the developer in June 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 22 November 2025
Last soldAED 436K18 June 2018
Current rentAED 55K /yr22 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, MAG 565

What is 206 worth today?

Last sold for AED 436,000 in 2018

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22 Nov 2025RentedRenewal
AED 55,000/yr12 months · AED 116 per sqft
22 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 114 per sqft
18 Jun 2018Sold by developerOff-plan
AED 436,000AED 902 per sqft

Source: Dubai Land Department. Updated 22 November 2025.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
2nd of 6
Parking
G-29
Developer
MAG
Completed
2020
Service charge
AED 7,900 /yr
Last sold
AED 436K · June 2018
Building
MAG 565

About 206, MAG 565

206 is a one-bedroom apartment of 483 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 18 June 2018 for AED 436,000, or AED 902 per sqft, in line with the AED 902 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 22 November 2025, is AED 55,000 a year: a gross yield of 12.6% on the 2018 price, before the service charge of about AED 7,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, June 2018: AED 436,000 (AED 902 per sqft)

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

Rents
Unit 206, 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, November 2024: AED 55,000 a yearRenewal, November 2025: 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 206 sits

All 48 1-beds →

206 last sold in June 2018 at AED 902 per sqft, in line with what one-beds in MAG 565 were fetching at the time (AED 902). 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. 206'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 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
2052-bedAED 497K · Sep 2019
207StudioAED 250K · Jul 2020
208StudioAED 440K · May 2026
1–7 of 21

206, MAG 565 in numbers

  • Sold once: by MAG on 18 June 2018 for AED 436,000, or AED 902 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2018 price is 12.6%, before a service charge of about AED 7,900 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 22 November 2025.

Questions about 206, MAG 565

What did unit 206 last sell for?

AED 436,000 on 18 June 2018, sold by the developer: AED 902 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 55,000 a year on the contract renewed on 22 November 2025. The previous contract, from November 2024, was AED 55,000.

How big is unit 206?

483 sqft (44.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 206 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 206, MAG 565

Starts from the last sale price (AED 436K, 18 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 436,000
Deposit, UAE resident (20%)
AED 87,200
Deposit, non-resident (40%)
AED 174,400
Monthly over 25 years at 3.7%
AED 1,784

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