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1-bed · 481 sqftMAG 565, Dubai South · 6th floor · completed 2020

604, MAG 565

Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 437K7 November 2019
Current rentAED 52K /yr7 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 604, MAG 565

What is 604 worth today?

Last sold for AED 437,000 in 2019

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7 Aug 2026RentedRenewal
AED 52,000/yr12 months · AED 108 per sqft
7 Aug 2025RentedNew contract
AED 52,000/yr12 months · AED 108 per sqft
15 Jul 2023RentedNew contract
AED 35,000/yr12 months · AED 72 per sqft
7 Nov 2019Sold by developerOff-plan
AED 437,000AED 909 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
1-bed apartment
Size
481 sqft
Floor
6th of 6
Parking
G-114
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 437K · November 2019
Building
MAG 565

About 604, MAG 565

604 is a one-bedroom apartment of 481 sqft on the 6th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 November 2019 for AED 437,000, or AED 909 per sqft, 4% above the AED 870 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 7 August 2026, is AED 52,000 a year: a gross yield of 11.9% on the 2019 price, before the service charge of about AED 7,800 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, November 2019: AED 437,000 (AED 909 per sqft)

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

Rents
Unit 604, 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, July 2023: AED 35,000 a yearNew contract, August 2025: AED 52,000 a yearRenewal, August 2026: AED 52,000 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 604 sits

All 48 1-beds →

604 last sold in November 2019 at AED 909 per sqft, 4% above what one-beds in MAG 565 were fetching at the time (AED 870). 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. 604's AED 52,000 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 6th floor

All 132 units in MAG 565
Value
6011-bedAED 447K · Jul 2021
602StudioAED 250K · Sep 2020
603StudioAED 270K · Sep 2022
6052-bedAED 530K · Jun 2023
6061-bedAED 425K · Feb 2018
607StudioAED 463K · Sep 2025
608StudioAED 298K · Sep 2021
1–7 of 21

604, MAG 565 in numbers

  • Sold once: by MAG on 7 November 2019 for AED 437,000, or AED 909 per sqft.
  • Rented since July 2023 on 3 Ejari contracts, from AED 35,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2019 price is 11.9%, 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 August 2026.

Questions about 604, MAG 565

What did unit 604 last sell for?

AED 437,000 on 7 November 2019, sold by the developer: AED 909 per sqft for 481 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 52,000 a year on the contract renewed on 7 August 2026. The previous contract, from August 2025, was AED 52,000; the unit has been rented since July 2023.

How big is unit 604?

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

What is unit 604 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 604, MAG 565

Starts from the last sale price (AED 437K, 7 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 437,000
Deposit, UAE resident (20%)
AED 87,400
Deposit, non-resident (40%)
AED 174,800
Monthly over 25 years at 3.7%
AED 1,788

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