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Studio · 437 sqftMAG 565, Dubai South · 5th floor · completed 2020

517, MAG 565

Sold prices and rental history: sold 3 times, last in November 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 19 April 2026
Last soldAED 500K22 November 2025
Current rentAED 43K /yr19 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 517, MAG 565

What is 517 worth today?

Last sold for AED 500,000 in 2025

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19 Apr 2026RentedNew contract
AED 43,000/yr12 months · AED 97 per sqft
22 Nov 2025SoldReady
AED 500,000AED 1,144 per sqft
1 May 2025RentedNew contract
AED 42,000/yr12 months · AED 96 per sqft
23 Apr 2025SoldReady
AED 420,000AED 961 per sqft
16 Oct 2024RentedNew contract
AED 40,000/yr6 months · AED 92 per sqft
15 Apr 2023RentedRenewal
AED 26,000/yr12 months · AED 60 per sqft
15 Apr 2022RentedNew contract
AED 24,000/yr12 months · AED 55 per sqft
7 Aug 2021RentedNew contract
AED 24,000/yr8 months · AED 55 per sqft

Source: Dubai Land Department. Updated 19 April 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
5th of 6
Parking
G-105
Developer
MAG
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 500K · November 2025
Building
MAG 565

About 517, MAG 565

517 is a studio of 437 sqft on the 5th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 November 2025 for AED 500,000, or AED 1,144 per sqft, in line with the AED 1,116 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 19 April 2026, is AED 43,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 7,100 a year.

Sales and rents for 517 over time

Sales
Unit 517, each saleTypical studio in MAG 565
400K2017202020232026Typical 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, July 2021: AED 292,000 (AED 668 per sqft)Sold, April 2025: AED 420,000 (AED 961 per sqft)Sold, November 2025: AED 500,000 (AED 1,144 per sqft)

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

Rents
Unit 517, each contractTypical studio in MAG 565
20K40K2020202220242026Typical 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, August 2021: AED 24,000 a yearNew contract, April 2022: AED 24,000 a yearRenewal, April 2023: AED 26,000 a yearNew contract, October 2024: AED 40,000 a yearNew contract, May 2025: AED 42,000 a yearNew contract, April 2026: AED 43,000 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 517 sits

All 66 studios →

517 last sold in November 2025 at AED 1,144 per sqft, in line with what studios in MAG 565 were fetching at the time (AED 1,116). 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. 517's AED 43,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026479,000
21 May 2026425,000
20 May 2026440,000
30 Sep 2025462,500
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
507StudioAED 446K · Mar 2025
1–7 of 21

517, MAG 565 in numbers

  • Sold 3 times: first on 15 July 2021 for AED 292,000, last on 22 November 2025 for AED 500,000 (AED 1,144 per sqft).
  • Rented since August 2021 on 6 Ejari contracts, from AED 24,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 7,100 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 19 April 2026.

Questions about 517, MAG 565

What did unit 517 last sell for?

AED 500,000 on 22 November 2025: AED 1,144 per sqft for 437 sqft. The unit has 3 registered sales; the first was AED 292,000 in July 2021.

What is the rent for unit 517?

AED 43,000 a year on the contract signed on 19 April 2026. The previous contract, from May 2025, was AED 42,000; the unit has been rented since August 2021.

How big is unit 517?

437 sqft (40.6 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 517 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 517, MAG 565

Starts from the last sale price (AED 500K, 22 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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