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Studio · 410 sqftMAG 565, Dubai South · 4th floor · completed 2020

416, MAG 565

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416 · DLD and Ejari recordsUpdated 26 January 2026
Last soldAED 440K8 May 2025
Current rentAED 43K /yr26 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 416, MAG 565

What is 416 worth today?

Last sold for AED 440,000 in 2025

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26 Jan 2026RentedNew contract
AED 43,000/yr12 months · AED 105 per sqft
8 May 2025SoldReady
AED 440,000AED 1,072 per sqft
3 Jul 2024RentedNew contract
AED 35,000/yr12 months · AED 86 per sqft
25 May 2022RentedNew contract
AED 21,000/yr12 months · AED 51 per sqft
1 May 2021RentedNew contract
AED 17,000/yr12 months · AED 42 per sqft
7 Jan 2018Sold by developerOff-plan
AED 422,031AED 1,028 per sqft

Source: Dubai Land Department. Updated 26 January 2026.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
4th of 6
Parking
G-82
Developer
MAG
Completed
2020
Service charge
AED 6,700 /yr
Last sold
AED 440K · May 2025
Building
MAG 565

About 416, MAG 565

416 is a studio of 410 sqft on the 4th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 May 2025 for AED 440,000, or AED 1,072 per sqft, 9% above the AED 986 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 26 January 2026, is AED 43,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 6,700 a year.

Sales and rents for 416 over time

Sales
Unit 416, each saleTypical studio in MAG 565
300K400K2017202020232026Typical sale price by year: 2017 AED 367,500; 2018 AED 376,421; 2019 AED 373,800; 2020 AED 321,675; 2021 AED 292,000; 2022 AED 265,250; 2023 AED 295,000; 2024 AED 350,000; 2025 AED 460,000; 2026 AED 440,000Sold by developer, January 2018: AED 422,031 (AED 1,028 per sqft)Sold, May 2025: AED 440,000 (AED 1,072 per sqft)

416 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 416, each contractTypical studio in MAG 565
20K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 25,600; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 37,500New contract, May 2021: AED 17,000 a yearNew contract, May 2022: AED 21,000 a yearNew contract, July 2024: AED 35,000 a yearNew contract, January 2026: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 565, and where 416 sits

All 66 studios →

416 last sold in May 2025 at AED 1,072 per sqft, 9% above what studios in MAG 565 were fetching at the time (AED 986). Over the last 12 months studios sold for AED 425,000 to 500,000, around AED 1,195 per sqft, and rent for AED 30,000 to 54,000 a year. 416's AED 43,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026479,000
21 May 2026425,000
20 May 2026440,000
22 Nov 2025500,000
4 studio 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

416, MAG 565 in numbers

  • Sold twice: first on 7 January 2018 for AED 422,031, last on 8 May 2025 for AED 440,000 (AED 1,072 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 17,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 6,700 a year (AED 16.26 per sqft).
  • Studios in MAG 565 sold for AED 425,000–500,000 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 26 January 2026.

Questions about 416, MAG 565

What did unit 416 last sell for?

AED 440,000 on 8 May 2025: AED 1,072 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 422,031 in January 2018.

What is the rent for unit 416?

AED 43,000 a year on the contract signed on 26 January 2026. The previous contract, from July 2024, was AED 35,000; the unit has been rented since May 2021.

How big is unit 416?

410 sqft (38.1 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 416 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 565 sold for AED 425,000 to 500,000 in the last 12 months, around AED 1,195 per sqft.

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Mortgage on 416, MAG 565

Starts from the last sale price (AED 440K, 8 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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