1-bed · 481 sqftMAG 565, Dubai South · 4th floor · completed 2020

404, 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 404 · DLD and Ejari recordsUpdated 4 November 2025
Last soldAED 448K12 April 2018
Current rentAED 28K /yr4 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, MAG 565

What is 404 worth today?

Last sold for AED 448,000 in 2018

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4 Nov 2025RentedRenewal
AED 28,000/yr12 months · AED 58 per sqft
4 Nov 2024RentedRenewal
AED 28,000/yr12 months · AED 58 per sqft
4 Nov 2023RentedRenewal
AED 28,000/yr12 months · AED 58 per sqft
4 Nov 2022RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
2 Nov 2021RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
1 Nov 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
12 Apr 2018Sold by developerOff-plan
AED 448,000AED 931 per sqft

Source: Dubai Land Department. Updated 4 November 2025.

Key facts

Type
1-bed apartment
Size
481 sqft
Floor
4th of 6
Parking
G-70
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 448K · April 2018
Building
MAG 565

About 404, MAG 565

404 is a one-bedroom apartment of 481 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 April 2018 for AED 448,000, or AED 931 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 6 Ejari contracts. The current contract, renewed on 4 November 2025, is AED 28,000 a year: a gross yield of 6.3% on the 2018 price, before the service charge of about AED 7,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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 448,000 (AED 931 per sqft)

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

Rents
Unit 404, 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, November 2020: AED 24,000 a yearNew contract, November 2021: AED 24,000 a yearRenewal, November 2022: AED 24,000 a yearRenewal, November 2023: AED 28,000 a yearRenewal, November 2024: AED 28,000 a yearRenewal, November 2025: AED 28,000 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 404 sits

All 48 1-beds →

404 last sold in April 2018 at AED 931 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. 404's AED 28,000 is at the bottom 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
4011-bedAED 523K · Dec 2019
402StudioAED 340K · Mar 2018
403StudioAED 322K · Jun 2018
4052-bedAED 640K · Jun 2024
4061-bedAED 436K · Apr 2018
407StudioAED 385K · Dec 2019
408StudioAED 296K · May 2018
1–7 of 21

404, MAG 565 in numbers

  • Sold once: by MAG on 12 April 2018 for AED 448,000, or AED 931 per sqft.
  • Rented since November 2020 on 6 Ejari contracts, from AED 24,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2018 price is 6.3%, 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 4 November 2025.

Questions about 404, MAG 565

What did unit 404 last sell for?

AED 448,000 on 12 April 2018, sold by the developer: AED 931 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 28,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 28,000; the unit has been rented since November 2020.

How big is unit 404?

481 sqft (44.7 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 404 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 404, MAG 565

Starts from the last sale price (AED 448K, 12 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 448,000
Deposit, UAE resident (20%)
AED 89,600
Deposit, non-resident (40%)
AED 179,200
Monthly over 25 years at 3.7%
AED 1,833

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