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Studio · 360 sqftMAG 565, Dubai South · 4th floor · completed 2020

421, MAG 565

Sold prices and rental history: sold once, by the developer in May 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 20 May 2019
Last soldAED 368K20 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, MAG 565

What is 421 worth today?

Last sold for AED 367,500 in 2019

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20 May 2019Sold by developerOff-plan
AED 367,500AED 1,020 per sqft

Source: Dubai Land Department. Updated 20 May 2019.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
4th of 6
Parking
G-87
Developer
MAG
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 368K · May 2019
Building
MAG 565

About 421, MAG 565

421 is a studio of 360 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 20 May 2019 for AED 367,500, or AED 1,020 per sqft, 11% above the AED 923 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 421 over time

Sales
Unit 421, 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, May 2019: AED 367,500 (AED 1,020 per sqft)

421 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 421, each contractTypical studio in MAG 565
20K30K40K2020202220242026Typical 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 37,500

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 421 sits

All 66 studios →

421 last sold in May 2019 at AED 1,020 per sqft, 11% above what studios in MAG 565 were fetching at the time (AED 923). 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.

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

421, MAG 565 in numbers

  • Sold once: by MAG on 20 May 2019 for AED 367,500, or AED 1,020 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 20 May 2019.

Questions about 421, MAG 565

What did unit 421 last sell for?

AED 367,500 on 20 May 2019, sold by the developer: AED 1,020 per sqft for 360 sqft. It is the only registered sale of the unit.

How big is unit 421?

360 sqft (33.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 421 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 421, MAG 565

Starts from the last sale price (AED 368K, 20 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 367,500
Deposit, UAE resident (20%)
AED 73,500
Deposit, non-resident (40%)
AED 147,000
Monthly over 25 years at 3.7%
AED 1,504

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