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1-bed · 481 sqftMAG 565, Dubai South · 2nd floor · completed 2020

209, MAG 565

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 28 October 2024
Last soldAED 446K5 April 2018
Current rentAED 45K /yr28 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 209, MAG 565

What is 209 worth today?

Last sold for AED 446,000 in 2018

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28 Oct 2024RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
17 Oct 2023RentedRenewal
AED 30,000/yr12 months · AED 62 per sqft
17 Oct 2022RentedNew contract
AED 28,000/yr12 months · AED 58 per sqft
25 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 45 per sqft
5 Apr 2018Sold by developerOff-plan
AED 446,000AED 927 per sqft

Source: Dubai Land Department. Updated 28 October 2024.

Key facts

Type
1-bed apartment
Size
481 sqft
Floor
2nd of 6
Parking
G-12
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 446K · April 2018
Building
MAG 565

About 209, MAG 565

209 is a one-bedroom apartment of 481 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 5 April 2018 for AED 446,000, or AED 927 per sqft, in line with the AED 904 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 28 October 2024, is AED 45,000 a year: a gross yield of 10.1% on the 2018 price, before the service charge of about AED 7,800 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, April 2018: AED 446,000 (AED 927 per sqft)

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

Rents
Unit 209, 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 2020: AED 22,000 a yearNew contract, October 2022: AED 28,000 a yearRenewal, October 2023: AED 30,000 a yearNew contract, October 2024: AED 45,000 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 209 sits

All 48 1-beds →

209 last sold in April 2018 at AED 927 per sqft, in line with what one-beds in MAG 565 were fetching at the time (AED 904). 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. 209's AED 45,000 is in the lower 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
2061-bedAED 436K · Jun 2018
207StudioAED 250K · Jul 2020
1–7 of 21

209, MAG 565 in numbers

  • Sold once: by MAG on 5 April 2018 for AED 446,000, or AED 927 per sqft.
  • Rented since September 2020 on 4 Ejari contracts, from AED 22,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 10.1%, before a service charge of about AED 7,800 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 28 October 2024.

Questions about 209, MAG 565

What did unit 209 last sell for?

AED 446,000 on 5 April 2018, sold by the developer: AED 927 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 45,000 a year on the contract signed on 28 October 2024. The previous contract, from October 2023, was AED 30,000; the unit has been rented since September 2020.

How big is unit 209?

481 sqft (44.7 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 209 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 209, MAG 565

Starts from the last sale price (AED 446K, 5 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 446,000
Deposit, UAE resident (20%)
AED 89,200
Deposit, non-resident (40%)
AED 178,400
Monthly over 25 years at 3.7%
AED 1,825

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