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2-bed · 914 sqftMAG 565, Dubai South · 5th floor · completed 2020

512, MAG 565

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

Unit 512 · DLD and Ejari recordsUpdated 14 August 2025
Last soldAED 750K24 July 2018
Current rentAED 72K /yr14 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, MAG 565

What is 512 worth today?

Last sold for AED 749,699 in 2018

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14 Aug 2025RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
4 Feb 2022RentedNew contract
AED 42,000/yr12 months · AED 46 per sqft
9 Jun 2021RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
24 Jul 2018Sold by developerOff-plan
AED 749,699AED 820 per sqft

Source: Dubai Land Department. Updated 14 August 2025.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
5th of 6
Parking
G-100
Developer
MAG
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 750K · July 2018
Building
MAG 565

About 512, MAG 565

512 is a two-bedroom apartment of 914 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 July 2018 for AED 749,699, or AED 820 per sqft, in line with the AED 820 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 14 August 2025, is AED 72,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 14,900 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, July 2018: AED 749,699 (AED 820 per sqft)

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

Rents
Unit 512, each contractTypical two-bed in MAG 565
40K60K2020202220242026Typical 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, June 2021: AED 40,000 a yearNew contract, February 2022: AED 42,000 a yearNew contract, August 2025: AED 72,000 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 512 sits

All 18 2-beds →

512 last sold in July 2018 at AED 820 per sqft, in line with what two-beds in MAG 565 were fetching at the time (AED 820). 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. 512's AED 72,000 is at the top 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

512, MAG 565 in numbers

  • Sold once: by MAG on 24 July 2018 for AED 749,699, or AED 820 per sqft.
  • Rented since June 2021 on 3 Ejari contracts, from AED 40,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2018 price is 9.6%, before a service charge of about AED 14,900 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 14 August 2025.

Questions about 512, MAG 565

What did unit 512 last sell for?

AED 749,699 on 24 July 2018, sold by the developer: AED 820 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 512?

AED 72,000 a year on the contract signed on 14 August 2025. The previous contract, from February 2022, was AED 42,000; the unit has been rented since June 2021.

How big is unit 512?

914 sqft (84.9 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 512 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.

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Mortgage on 512, MAG 565

Starts from the last sale price (AED 750K, 24 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 749,699
Deposit, UAE resident (20%)
AED 149,940
Deposit, non-resident (40%)
AED 299,880
Monthly over 25 years at 3.7%
AED 3,067

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