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1-bed · 628 sqftMAG 565, Dubai South · 4th floor · completed 2020

401, MAG 565

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

Unit 401 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 523K12 December 2019
Current rentAED 40K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, MAG 565

What is 401 worth today?

Last sold for AED 523,017 in 2019

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20 Jun 2026RentedRenewal
AED 40,000/yr12 months · AED 64 per sqft
20 Jun 2025RentedNew contract
AED 40,000/yr12 months · AED 64 per sqft
20 Jun 2023RentedNew contract
AED 35,000/yr12 months · AED 56 per sqft
5 Jun 2022RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
5 Jun 2021RentedRenewal
AED 25,000/yr12 months · AED 40 per sqft
5 Jun 2020RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
12 Dec 2019Sold by developerOff-plan
AED 523,017AED 832 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
4th of 6
Parking
G-67
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 523K · December 2019
Building
MAG 565

About 401, MAG 565

401 is a one-bedroom apartment of 628 sqft on the 4th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 12 December 2019 for AED 523,017, or AED 832 per sqft, in line with the AED 832 one-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 20 June 2026, is AED 40,000 a year: a gross yield of 7.6% on the 2019 price, before the service charge of about AED 10,200 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, December 2019: AED 523,017 (AED 832 per sqft)

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

Rents
Unit 401, 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, June 2020: AED 25,000 a yearRenewal, June 2021: AED 25,000 a yearRenewal, June 2022: AED 26,000 a yearNew contract, June 2023: AED 35,000 a yearNew contract, June 2025: AED 40,000 a yearRenewal, June 2026: AED 40,000 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 401 sits

All 48 1-beds →

401 last sold in December 2019 at AED 832 per sqft, in line with what one-beds in MAG 565 were fetching at the time (AED 832). 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. 401's AED 40,000 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 4th floor

All 132 units in MAG 565
Value
402StudioAED 340K · Mar 2018
403StudioAED 322K · Jun 2018
4041-bedAED 448K · Apr 2018
4052-bedAED 640K · Jun 2024
4061-bedAED 436K · Apr 2018
407StudioAED 385K · Dec 2019
408StudioAED 296K · May 2018
1–7 of 21

401, MAG 565 in numbers

  • Sold once: by MAG on 12 December 2019 for AED 523,017, or AED 832 per sqft.
  • Rented since June 2020 on 6 Ejari contracts, from AED 25,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2019 price is 7.6%, before a service charge of about AED 10,200 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 June 2026.

Questions about 401, MAG 565

What did unit 401 last sell for?

AED 523,017 on 12 December 2019, sold by the developer: AED 832 per sqft for 628 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 40,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 40,000; the unit has been rented since June 2020.

How big is unit 401?

628 sqft (58.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 401 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 401, MAG 565

Starts from the last sale price (AED 523K, 12 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 523,017
Deposit, UAE resident (20%)
AED 104,603
Deposit, non-resident (40%)
AED 209,207
Monthly over 25 years at 3.7%
AED 2,140

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