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Studio · 389 sqftMAG 565, Dubai South · 5th floor · completed 2020

507, MAG 565

Sold prices and rental history: sold 3 times, last in March 2025, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 3 March 2026
Last soldAED 446K3 March 2025
Current rentAED 54K /yr3 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, MAG 565

What is 507 worth today?

Last sold for AED 446,000 in 2025

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3 Mar 2026RentedNew contract
AED 54,000/yr12 months · AED 139 per sqft
8 Mar 2025RentedNew contract
AED 49,000/yr12 months · AED 126 per sqft
3 Mar 2025SoldReady
AED 446,000AED 1,146 per sqft
19 Dec 2024SoldReady
AED 380,000AED 976 per sqft
1 Feb 2023RentedNew contract
AED 27,000/yr12 months · AED 70 per sqft
4 Nov 2021Sold by developerReady
AED 291,500AED 749 per sqft

Source: Dubai Land Department. Updated 3 March 2026.

Key facts

Type
Studio apartment
Size
389 sqft
Floor
5th of 6
Parking
G-95
Developer
MAG
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 446K · March 2025
Building
MAG 565

About 507, MAG 565

507 is a studio of 389 sqft on the 5th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 March 2025 for AED 446,000, or AED 1,146 per sqft, 17% above the AED 976 studios in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 3 March 2026, is AED 54,000 a year: a gross yield of 12.1% on the 2025 price, before the service charge of about AED 6,300 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, November 2021: AED 291,500 (AED 749 per sqft)Sold, December 2024: AED 380,000 (AED 976 per sqft)Sold, March 2025: AED 446,000 (AED 1,146 per sqft)

507 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 507, each contractTypical studio in MAG 565
20K40K60K2020202220242026Typical 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, February 2023: AED 27,000 a yearNew contract, March 2025: AED 49,000 a yearNew contract, March 2026: AED 54,000 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 507 sits

All 66 studios →

507 last sold in March 2025 at AED 1,146 per sqft, 17% above what studios in MAG 565 were fetching at the time (AED 976). 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. 507's AED 54,000 is at the top 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 5th floor

All 132 units in MAG 565
Value
5011-bedAED 502K · Mar 2019
502StudioAED 250K · Jul 2020
503StudioAED 330K · Nov 2023
5041-bedAED 437K · Nov 2019
5052-bedAED 562K · Jul 2018
5061-bedAED 425K · May 2018
508StudioAED 320K · May 2018
1–7 of 21

507, MAG 565 in numbers

  • Sold 3 times: first on 4 November 2021 for AED 291,500, last on 3 March 2025 for AED 446,000 (AED 1,146 per sqft).
  • Rented since February 2023 on 3 Ejari contracts, from AED 27,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2025 price is 12.1%, before a service charge of about AED 6,300 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 3 March 2026.

Questions about 507, MAG 565

What did unit 507 last sell for?

AED 446,000 on 3 March 2025: AED 1,146 per sqft for 389 sqft. The unit has 3 registered sales; the first was AED 291,500 in November 2021.

What is the rent for unit 507?

AED 54,000 a year on the contract signed on 3 March 2026. The previous contract, from March 2025, was AED 49,000; the unit has been rented since February 2023.

How big is unit 507?

389 sqft (36.1 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 507 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 507, MAG 565

Starts from the last sale price (AED 446K, 3 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 446,000
Deposit, UAE resident (20%)
AED 89,200
Deposit, non-resident (40%)
AED 178,400
Monthly over 25 years at 3.7%
AED 1,825

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