1-bed · 514 sqftMAG 565, Dubai South · 4th floor · completed 2020

419, MAG 565

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 493K6 March 2018
Current rentAED 43K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 419, MAG 565

What is 419 worth today?

Last sold for AED 493,313 in 2018

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1 Apr 2025RentedRenewal
AED 42,500/yr12 months · AED 82 per sqft
1 Apr 2024RentedRenewal
AED 37,000/yr12 months · AED 72 per sqft
1 Apr 2023RentedNew contract
AED 31,000/yr12 months · AED 60 per sqft
21 Mar 2022RentedNew contract
AED 25,000/yr12 months · AED 48 per sqft
20 Feb 2021RentedNew contract
AED 24,000/yr12 months · AED 46 per sqft
6 Mar 2018Sold by developerOff-plan
AED 493,313AED 959 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
4th of 6
Parking
G-85
Developer
MAG
Completed
2020
Service charge
AED 8,400 /yr
Last sold
AED 493K · March 2018
Building
MAG 565

About 419, MAG 565

419 is a one-bedroom apartment of 514 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 6 March 2018 for AED 493,313, or AED 959 per sqft, 6% above the AED 902 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 42,500 a year: a gross yield of 8.6% on the 2018 price, before the service charge of about AED 8,400 a year.

Sales and rents for 419 over time

Sales
Unit 419, 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, March 2018: AED 493,313 (AED 959 per sqft)

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

Rents
Unit 419, 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, February 2021: AED 24,000 a yearNew contract, March 2022: AED 25,000 a yearNew contract, April 2023: AED 31,000 a yearRenewal, April 2024: AED 37,000 a yearRenewal, April 2025: AED 42,500 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 419 sits

All 48 1-beds →

419 last sold in March 2018 at AED 959 per sqft, 6% above what one-beds in MAG 565 were fetching at the time (AED 902). 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. 419's AED 42,500 is in the lower 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

419, MAG 565 in numbers

  • Sold once: by MAG on 6 March 2018 for AED 493,313, or AED 959 per sqft.
  • Rented since February 2021 on 5 Ejari contracts, from AED 24,000 to AED 42,500 a year.
  • At AED 42,500 a year the gross yield on the 2018 price is 8.6%, before a service charge of about AED 8,400 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 April 2025.

Questions about 419, MAG 565

What did unit 419 last sell for?

AED 493,313 on 6 March 2018, sold by the developer: AED 959 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 419?

AED 42,500 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 37,000; the unit has been rented since February 2021.

How big is unit 419?

514 sqft (47.8 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 419 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 419, MAG 565

Starts from the last sale price (AED 493K, 6 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 493,313
Deposit, UAE resident (20%)
AED 98,663
Deposit, non-resident (40%)
AED 197,325
Monthly over 25 years at 3.7%
AED 2,018

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