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2-bed · 913 sqftMAG 565, Dubai South · 4th floor · completed 2020

412, MAG 565

Sold prices and rental history: sold once, by the developer in September 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 13 September 2025
Last soldAED 750K28 September 2022
Current rentAED 70K /yr13 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, MAG 565

What is 412 worth today?

Last sold for AED 750,000 in 2022

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13 Sep 2025RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft
28 Sep 2022Sold by developerReady
AED 750,000AED 821 per sqft
1 Mar 2022RentedNew contract
AED 59,615/yr5 months · AED 65 per sqft
1 Jan 2021RentedRenewal
AED 70,000/yr12 months · AED 77 per sqft
1 Jan 2020RentedNew contract
AED 70,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 13 September 2025.

Key facts

Type
2-bed apartment
Size
913 sqft
Floor
4th of 6
Parking
G-78
Developer
MAG
Completed
2020
Service charge
AED 14,800 /yr
Last sold
AED 750K · September 2022
Building
MAG 565

About 412, MAG 565

412 is a two-bedroom apartment of 913 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 28 September 2022 for AED 750,000, or AED 821 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 13 September 2025, is AED 70,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 14,800 a year.

Sales and rents for 412 over time

Sales
Unit 412, each saleTypical two-bed in MAG 565
600K2018202020222024Typical sale price by year: 2018 AED 688,548; 2019 AED 497,000; 2020 AED 497,000; 2022 AED 750,000; 2023 AED 530,000Sold by developer, September 2022: AED 750,000 (AED 821 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in MAG 565
40K60K2020202220242026Typical rent by year: 2020 AED 35,000; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 42,000; 2024 AED 44,160; 2025 AED 49,500; 2026 AED 50,750New contract, January 2020: AED 70,000 a yearRenewal, January 2021: AED 70,000 a yearNew contract, March 2022: AED 59,615 a yearNew contract, September 2025: AED 70,000 a year

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 412 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. 412's AED 70,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Aug 2026725,000
4 Apr 2025720,000
3 Jun 2024640,000
20 Jun 2023530,000
1 2-bed sale 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

412, MAG 565 in numbers

  • Sold once: by MAG on 28 September 2022 for AED 750,000, or AED 821 per sqft.
  • Rented since January 2020 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 59,615 in 2022 and recovered to AED 70,000 by September 2025.
  • At AED 70,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 14,800 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 13 September 2025.

Questions about 412, MAG 565

What did unit 412 last sell for?

AED 750,000 on 28 September 2022, sold by the developer: AED 821 per sqft for 913 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 70,000 a year on the contract signed on 13 September 2025. The previous contract, from March 2022, was AED 59,615; the unit has been rented since January 2020.

How big is unit 412?

913 sqft (84.8 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 412 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 412, MAG 565

Starts from the last sale price (AED 750K, 28 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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