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2-bed · 914 sqftMAG 565, Dubai South · 6th floor · completed 2020

612, MAG 565

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 612 · DLD and Ejari recordsUpdated 1 December 2026
Last soldAED 690K17 October 2018
Current rentAED 50K /yr1 December 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 612, MAG 565

What is 612 worth today?

Last sold for AED 690,000 in 2018

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1 Dec 2026RentedRenewal
AED 49,500/yr12 months · AED 54 per sqft
1 Dec 2025RentedRenewal
AED 49,500/yr12 months · AED 54 per sqft
1 Dec 2024RentedRenewal
AED 49,500/yr12 months · AED 54 per sqft
1 Dec 2023RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
1 Dec 2022RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
10 Sep 2020RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
17 Oct 2018Sold by developerOff-plan
AED 690,000AED 755 per sqft

Source: Dubai Land Department. Updated 1 December 2026.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
6th of 6
Parking
G-122
Developer
MAG
Completed
2020
Service charge
AED 14,900 /yr
Last sold
AED 690K · October 2018
Building
MAG 565

About 612, MAG 565

612 is a two-bedroom apartment of 914 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 17 October 2018 for AED 690,000, or AED 755 per sqft, 5% below the AED 791 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 December 2026, is AED 49,500 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 14,900 a year.

Sales and rents for 612 over time

Sales
Unit 612, 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, October 2018: AED 690,000 (AED 755 per sqft)

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

Rents
Unit 612, each contractTypical two-bed in MAG 565
30K40K50K2020202220242026Typical 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, September 2020: AED 40,000 a yearNew contract, December 2022: AED 45,000 a yearRenewal, December 2023: AED 45,000 a yearRenewal, December 2024: AED 49,500 a yearRenewal, December 2025: AED 49,500 a yearRenewal, December 2026: AED 49,500 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 612 sits

All 18 2-beds →

612 last sold in October 2018 at AED 755 per sqft, 5% below what two-beds in MAG 565 were fetching at the time (AED 791). 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. 612's AED 49,500 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
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 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
6052-bedAED 530K · Jun 2023
6061-bedAED 425K · Feb 2018
607StudioAED 463K · Sep 2025
1–7 of 21

612, MAG 565 in numbers

  • Sold once: by MAG on 17 October 2018 for AED 690,000, or AED 755 per sqft.
  • Rented since September 2020 on 6 Ejari contracts, from AED 40,000 to AED 49,500 a year.
  • At AED 49,500 a year the gross yield on the 2018 price is 7.2%, 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 1 December 2026.

Questions about 612, MAG 565

What did unit 612 last sell for?

AED 690,000 on 17 October 2018, sold by the developer: AED 755 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 612?

AED 49,500 a year on the contract renewed on 1 December 2026. The previous contract, from December 2025, was AED 49,500; the unit has been rented since September 2020.

How big is unit 612?

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

What is unit 612 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 612, MAG 565

Starts from the last sale price (AED 690K, 17 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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