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1-bed · 481 sqftMAG 565, Dubai South · 5th floor · completed 2020

509, MAG 565

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 7 June 2025
Last soldAED 420K1 February 2024
Current rentAED 34K /yr7 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, MAG 565

What is 509 worth today?

Last sold for AED 420,000 in 2024

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7 Jun 2025RentedRenewal
AED 33,541/yr12 months · AED 70 per sqft
7 Jun 2024RentedNew contract
AED 32,000/yr12 months · AED 67 per sqft
1 Feb 2024SoldReady
AED 420,000AED 873 per sqft
5 Jun 2023RentedRenewal
AED 28,000/yr12 months · AED 58 per sqft
5 Jun 2022RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
30 Sep 2020RentedNew contract
AED 24,000/yr13 months · AED 50 per sqft
31 May 2018Sold by developerOff-plan
AED 420,000AED 873 per sqft

Source: Dubai Land Department. Updated 7 June 2025.

Key facts

Type
1-bed apartment
Size
481 sqft
Floor
5th of 6
Parking
G-97
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 420K · February 2024
Building
MAG 565

About 509, MAG 565

509 is a one-bedroom apartment of 481 sqft on the 5th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 February 2024 for AED 420,000, or AED 873 per sqft, 15% above the AED 759 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 7 June 2025, is AED 33,541 a year: a gross yield of 8.0% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, May 2018: AED 420,000 (AED 873 per sqft)Sold, February 2024: AED 420,000 (AED 873 per sqft)

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

Rents
Unit 509, 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, September 2020: AED 24,000 a yearNew contract, June 2022: AED 25,000 a yearRenewal, June 2023: AED 28,000 a yearNew contract, June 2024: AED 32,000 a yearRenewal, June 2025: AED 33,541 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 509 sits

All 48 1-beds →

509 last sold in February 2024 at AED 873 per sqft, 15% above what one-beds in MAG 565 were fetching at the time (AED 759). 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. 509's AED 33,541 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 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
507StudioAED 446K · Mar 2025
1–7 of 21

509, MAG 565 in numbers

  • Sold twice: first on 31 May 2018 for AED 420,000, last on 1 February 2024 for AED 420,000 (AED 873 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 24,000 to AED 33,541 a year.
  • At AED 33,541 a year the gross yield on the 2024 price is 8.0%, before a service charge of about AED 7,800 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 7 June 2025.

Questions about 509, MAG 565

What did unit 509 last sell for?

AED 420,000 on 1 February 2024: AED 873 per sqft for 481 sqft. The unit has 2 registered sales; the first was AED 420,000 in May 2018.

What is the rent for unit 509?

AED 33,541 a year on the contract renewed on 7 June 2025. The previous contract, from June 2024, was AED 32,000; the unit has been rented since September 2020.

How big is unit 509?

481 sqft (44.7 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 509 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 509, MAG 565

Starts from the last sale price (AED 420K, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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