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2-bed · 670 sqftMAG 565, Dubai South · 6th floor · completed 2020

605, MAG 565

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 17 July 2026
Last soldAED 530K20 June 2023
Current rentAED 52K /yr17 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 605, MAG 565

What is 605 worth today?

Last sold for AED 530,000 in 2023

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17 Jul 2026RentedRenewal
AED 52,000/yr12 months · AED 78 per sqft
17 Jul 2025RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
17 Jul 2024RentedRenewal
AED 50,000/yr12 months · AED 75 per sqft
17 Jul 2023RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
20 Jun 2023SoldReady
AED 530,000AED 791 per sqft
12 May 2022RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
25 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft
10 Mar 2021SoldReady
AED 360,000AED 537 per sqft

Source: Dubai Land Department. Updated 17 July 2026.

Key facts

Type
2-bed apartment
Size
670 sqft
Floor
6th of 6
Parking
G-115
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 530K · June 2023
Building
MAG 565

About 605, MAG 565

605 is a two-bedroom apartment of 670 sqft on the 6th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 June 2023 for AED 530,000, or AED 791 per sqft, 5% above the AED 755 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 17 July 2026, is AED 52,000 a year: a gross yield of 9.8% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in MAG 565
400K600K800K2018202020222024Typical 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, December 2019: AED 570,500 (AED 851 per sqft)Sold, March 2021: AED 360,000 (AED 537 per sqft)Sold, June 2023: AED 530,000 (AED 791 per sqft)

605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, each contractTypical two-bed in MAG 565
40K2020202220242026Typical 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, April 2021: AED 28,000 a yearNew contract, May 2022: AED 32,000 a yearNew contract, July 2023: AED 50,000 a yearRenewal, July 2024: AED 50,000 a yearRenewal, July 2025: AED 50,000 a yearRenewal, July 2026: AED 52,000 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 605 sits

All 18 2-beds →

605 last sold in June 2023 at AED 791 per sqft, 5% above what two-beds in MAG 565 were fetching at the time (AED 755). 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. 605's AED 52,000 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
4 Apr 2023650,054
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 6th floor

All 132 units in MAG 565
Value
6011-bedAED 447K · Jul 2021
602StudioAED 250K · Sep 2020
603StudioAED 270K · Sep 2022
6041-bedAED 437K · Nov 2019
6061-bedAED 425K · Feb 2018
607StudioAED 463K · Sep 2025
608StudioAED 298K · Sep 2021
1–7 of 21

605, MAG 565 in numbers

  • Sold 3 times: first on 12 December 2019 for AED 570,500, last on 20 June 2023 for AED 530,000 (AED 791 per sqft).
  • Rented since April 2021 on 6 Ejari contracts, from AED 28,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2023 price is 9.8%, 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 17 July 2026.

Questions about 605, MAG 565

What did unit 605 last sell for?

AED 530,000 on 20 June 2023: AED 791 per sqft for 670 sqft. The unit has 3 registered sales; the first was AED 570,500 in December 2019.

What is the rent for unit 605?

AED 52,000 a year on the contract renewed on 17 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since April 2021.

How big is unit 605?

670 sqft (62.2 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 605 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 605, MAG 565

Starts from the last sale price (AED 530K, 20 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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