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

409, MAG 565

Sold prices and rental history: sold twice, last in June 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 505K2 June 2025
Current rentAED 50K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, MAG 565

What is 409 worth today?

Last sold for AED 505,000 in 2025

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1 Aug 2026RentedNew contract
AED 50,400/yr12 months · AED 105 per sqft
15 Jul 2025RentedNew contract
AED 48,000/yr12 months · AED 100 per sqft
2 Jun 2025SoldReady
AED 505,000AED 1,050 per sqft
1 Jul 2022RentedRenewal
AED 22,000/yr12 months · AED 45 per sqft
1 Jul 2021RentedRenewal
AED 22,000/yr12 months · AED 45 per sqft
1 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
16 May 2018Sold by developerOff-plan
AED 482,000AED 1,002 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
481 sqft
Floor
4th of 6
Parking
G-75
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 505K · June 2025
Building
MAG 565

About 409, MAG 565

409 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. It last sold on 2 June 2025 for AED 505,000, or AED 1,050 per sqft, in line with the AED 1,045 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 August 2026, is AED 50,400 a year: a gross yield of 10.0% on the 2025 price, before the service charge of about AED 7,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, May 2018: AED 482,000 (AED 1,002 per sqft)Sold, June 2025: AED 505,000 (AED 1,050 per sqft)

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

Rents
Unit 409, 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, July 2020: AED 24,000 a yearRenewal, July 2021: AED 22,000 a yearRenewal, July 2022: AED 22,000 a yearNew contract, July 2025: AED 48,000 a yearNew contract, August 2026: AED 50,400 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 409 sits

All 48 1-beds →

409 last sold in June 2025 at AED 1,050 per sqft, in line with what one-beds in MAG 565 were fetching at the time (AED 1,045). 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. 409's AED 50,400 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 4th floor

All 132 units in MAG 565
Value
4011-bedAED 523K · Dec 2019
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
1–7 of 21

409, MAG 565 in numbers

  • Sold twice: first on 16 May 2018 for AED 482,000, last on 2 June 2025 for AED 505,000 (AED 1,050 per sqft).
  • Rented since July 2020 on 5 Ejari contracts, from AED 24,000 to AED 50,400 a year.
  • At AED 50,400 a year the gross yield on the 2025 price is 10.0%, 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 1 August 2026.

Questions about 409, MAG 565

What did unit 409 last sell for?

AED 505,000 on 2 June 2025: AED 1,050 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 482,000 in May 2018.

What is the rent for unit 409?

AED 50,400 a year on the contract signed on 1 August 2026. The previous contract, from July 2025, was AED 48,000; the unit has been rented since July 2020.

How big is unit 409?

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

What is unit 409 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 409, MAG 565

Starts from the last sale price (AED 505K, 2 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

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