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1-bed · 623 sqftMAG 565, Dubai South · 5th floor · completed 2020

513, 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 513 · DLD and Ejari recordsUpdated 10 June 2025
Last soldAED 468K3 July 2018
Current rentAED 50K /yr10 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, MAG 565

What is 513 worth today?

Last sold for AED 468,000 in 2018

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10 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
28 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
3 Jul 2018Sold by developerOff-plan
AED 468,000AED 750 per sqft

Source: Dubai Land Department. Updated 10 June 2025.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
5th of 6
Parking
G-101
Developer
MAG
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 468K · July 2018
Building
MAG 565

About 513, MAG 565

513 is a one-bedroom apartment of 623 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 3 July 2018 for AED 468,000, or AED 750 per sqft, 16% below the AED 896 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 10 June 2025, is AED 50,000 a year: a gross yield of 10.7% on the 2018 price, before the service charge of about AED 10,100 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, July 2018: AED 468,000 (AED 750 per sqft)

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

Rents
Unit 513, 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 2021: AED 28,000 a yearNew contract, June 2025: AED 50,000 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 513 sits

All 48 1-beds →

513 last sold in July 2018 at AED 750 per sqft, 16% below what one-beds in MAG 565 were fetching at the time (AED 896). 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. 513's AED 50,000 is in the upper 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

513, MAG 565 in numbers

  • Sold once: by MAG on 3 July 2018 for AED 468,000, or AED 750 per sqft.
  • Rented since September 2021 on 2 Ejari contracts, from AED 28,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 10.7%, before a service charge of about AED 10,100 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 10 June 2025.

Questions about 513, MAG 565

What did unit 513 last sell for?

AED 468,000 on 3 July 2018, sold by the developer: AED 750 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 50,000 a year on the contract signed on 10 June 2025. The previous contract, from September 2021, was AED 28,000.

How big is unit 513?

623 sqft (57.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 513 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 513, MAG 565

Starts from the last sale price (AED 468K, 3 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 468,000
Deposit, UAE resident (20%)
AED 93,600
Deposit, non-resident (40%)
AED 187,200
Monthly over 25 years at 3.7%
AED 1,915

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