Home
Dubai prices
About
Blog
2-bed · 668 sqftMAG 565, Dubai South · 5th floor · completed 2020

510, MAG 565

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 2 October 2026
Last soldAED 497K24 September 2019
Current rentAED 48K /yr2 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 510

Property timeline for 510, MAG 565

What is 510 worth today?

Last sold for AED 497,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Oct 2026RentedRenewal
AED 47,880/yr12 months · AED 72 per sqft
2 Oct 2025RentedRenewal
AED 44,880/yr12 months · AED 67 per sqft
2 Oct 2024RentedRenewal
AED 40,800/yr12 months · AED 61 per sqft
2 Oct 2023RentedRenewal
AED 34,000/yr12 months · AED 51 per sqft
2 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
18 Sep 2021RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
24 Sep 2019Sold by developerOff-plan
AED 497,000AED 743 per sqft

Source: Dubai Land Department. Updated 2 October 2026.

Key facts

Type
2-bed apartment
Size
668 sqft
Floor
5th of 6
Parking
G-98
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 497K · September 2019
Building
MAG 565

About 510, MAG 565

510 is a two-bedroom apartment of 668 sqft on the 5th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 September 2019 for AED 497,000, or AED 743 per sqft, in line with the AED 743 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 2 October 2026, is AED 47,880 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in MAG 565
600K2018202020222024Typical sale price by year: 2018 AED 688,548; 2019 AED 497,000; 2020 AED 497,000; 2022 AED 750,000; 2023 AED 530,000Sold by developer, September 2019: AED 497,000 (AED 743 per sqft)

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

Rents
Unit 510, each contractTypical two-bed in MAG 565
30K40K50K2020202220242026Typical rent by year: 2020 AED 35,000; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 42,000; 2024 AED 44,160; 2025 AED 49,500; 2026 AED 50,750New contract, September 2021: AED 30,000 a yearNew contract, October 2022: AED 32,000 a yearRenewal, October 2023: AED 34,000 a yearRenewal, October 2024: AED 40,800 a yearRenewal, October 2025: AED 44,880 a yearRenewal, October 2026: AED 47,880 a year

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

2-beds in MAG 565, and where 510 sits

All 18 2-beds →

510 last sold in September 2019 at AED 743 per sqft, in line with what two-beds in MAG 565 were fetching at the time (AED 743). Over the last 12 months two-beds sold for AED 725,000, around AED 1,084 per sqft, and rent for AED 45,000 to 60,000 a year. 510's AED 47,880 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Aug 2026725,000
4 Apr 2025720,000
3 Jun 2024640,000
20 Jun 2023530,000
1 2-bed sale 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

510, MAG 565 in numbers

  • Sold once: by MAG on 24 September 2019 for AED 497,000, or AED 743 per sqft.
  • Rented since September 2021 on 6 Ejari contracts, from AED 30,000 to AED 47,880 a year.
  • At AED 47,880 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 10,900 a year (AED 16.26 per sqft).
  • Two-beds in MAG 565 sold for AED 725,000–725,000 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 2 October 2026.

Questions about 510, MAG 565

What did unit 510 last sell for?

AED 497,000 on 24 September 2019, sold by the developer: AED 743 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 510?

AED 47,880 a year on the contract renewed on 2 October 2026. The previous contract, from October 2025, was AED 44,880; the unit has been rented since September 2021.

How big is unit 510?

668 sqft (62.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 565 sold for AED 725,000 to 725,000 in the last 12 months, around AED 1,084 per sqft.

Selling 510? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 510, MAG 565

Starts from the last sale price (AED 497K, 24 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 497,000
Deposit, UAE resident (20%)
AED 99,400
Deposit, non-resident (40%)
AED 198,800
Monthly over 25 years at 3.7%
AED 2,033

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