405, MAG 565
Sold prices and rental history: sold twice, last in June 2024, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, MAG 565
What is 405 worth today?
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Source: Dubai Land Department. Updated 3 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 670 sqft
- Floor
- 4th of 6
- Parking
- G-71
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,900 /yr
- Last sold
- AED 640K · June 2024
- Building
- MAG 565
About 405, MAG 565
405 is a two-bedroom apartment of 670 sqft on the 4th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 June 2024 for AED 640,000, or AED 955 per sqft.
One Ejari contract is registered, from 10 November 2021. The current contract, signed on 10 November 2021, is AED 26,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 10,900 a year.
Sales and rents for 405 over time
405 has sold twice; the dashed line is the two-bed median of each year in the building.
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 405 sits
All 18 2-beds →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. 405's AED 26,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Aug 202612 August 2026 | 668 sqft | 725,000 | 1,084 | ||
| 4 Apr 20254 April 2025 | 668 sqft | 720,000 | 1,077 | ||
| 20 Jun 202320 June 2023 | 670 sqft | 530,000 | 791 | ||
| 4 Apr 20234 April 2023 | 913 sqft | 650,054 | 712 |
MAG 565
Building132 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%
Other units on the 4th floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 523KAED 523,017 · Dec 2019December 2019 | 40,000 /yr | |
| 402 | Studio | 387 sqft | AED 340KAED 340,243 · Mar 2018March 2018 | 39,500 /yr | |
| 403 | Studio | 365 sqft | AED 322KAED 321,675 · Jun 2018June 2018 | 38,000 /yr | |
| 404 | 1-bed | 481 sqft | AED 448KAED 448,000 · Apr 2018April 2018 | 28,000 /yr | |
| 406 | 1-bed | 483 sqft | AED 436KAED 436,000 · Apr 2018April 2018 | 29,208 /yr | |
| 407 | Studio | 387 sqft | AED 385KAED 385,000 · Dec 2019December 2019 | 40,000 /yr | |
| 408 | Studio | 347 sqft | AED 296KAED 295,613 · May 2018May 2018 | 38,000 /yr | |
| 409 | 1-bed | 481 sqft | AED 505KAED 505,000 · Jun 2025June 2025 | 50,400 /yr | |
| 410 | 2-bed | 668 sqft | AED 720KAED 720,000 · Apr 2025April 2025 | ||
| 411 | 1-bed | 483 sqft | AED 435KAED 435,000 · Feb 2024February 2024 | 60,000 /yr | |
| 412 | 2-bed | 913 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 70,000 /yr | |
| 413 | 1-bed | 622 sqft | AED 695KAED 695,000 · Jul 2025July 2025 | 26,000 /yr | |
| 414 | Studio | 383 sqft | AED 350KAED 350,000 · Mar 2024March 2024 | 34,000 /yr | |
| 415 | Studio | 410 sqft | AED 405KAED 405,000 · Jul 2024July 2024 | 32,000 /yr | |
| 416 | Studio | 410 sqft | AED 440KAED 440,000 · May 2025May 2025 | 43,000 /yr | |
| 417 | Studio | 437 sqft | AED 384KAED 384,000 · Sep 2019September 2019 | 37,000 /yr | |
| 418 | Studio | 437 sqft | AED 350KAED 350,000 · Aug 2020August 2020 | 40,000 /yr | |
| 419 | 1-bed | 514 sqft | AED 493KAED 493,313 · Mar 2018March 2018 | 42,500 /yr | |
| 420 | 1-bed | 514 sqft | AED 450KAED 450,000 · Feb 2025February 2025 | 48,000 /yr | |
| 421 | Studio | 360 sqft | AED 368KAED 367,500 · May 2019May 2019 | ||
| 422 | Studio | 360 sqft | AED 368KAED 367,500 · Nov 2017November 2017 | 37,000 /yr |
405, MAG 565 in numbers
- Sold twice: first on 2 June 2020 for AED 497,000, last on 3 June 2024 for AED 640,000 (AED 955 per sqft).
- Rented since November 2021 on one Ejari contract, at AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2024 price is 4.1%, 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 3 June 2024.
Questions about 405, MAG 565
What did unit 405 last sell for?
AED 640,000 on 3 June 2024: AED 955 per sqft for 670 sqft. The unit has 2 registered sales; the first was AED 497,000 in June 2020.
What is the rent for unit 405?
AED 26,000 a year on the contract signed on 10 November 2021.
How big is unit 405?
670 sqft (62.2 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 405 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 405, MAG 565
Starts from the last sale price (AED 640K, 3 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 640,000
- Deposit, UAE resident (20%)
- AED 128,000
- Deposit, non-resident (40%)
- AED 256,000
- Monthly over 25 years at 3.7%
- AED 2,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →