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Studio · 383 sqftMAG 565, Dubai South · 6th floor · completed 2020

614, MAG 565

Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 355K2 April 2018
Current rentAED 35K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, MAG 565

What is 614 worth today?

Last sold for AED 355,000 in 2018

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1 Jun 2026RentedRenewal
AED 35,000/yr12 months · AED 90 per sqft
1 Jun 2025RentedNew contract
AED 41,000/yr12 months · AED 106 per sqft
10 Aug 2023RentedNew contract
AED 27,000/yr12 months · AED 71 per sqft
27 Jul 2022RentedRenewal
AED 18,000/yr12 months · AED 47 per sqft
27 Jul 2021RentedNew contract
AED 18,000/yr12 months · AED 47 per sqft
2 Apr 2018Sold by developerOff-plan
AED 355,000AED 927 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
383 sqft
Floor
6th of 6
Parking
G-124
Developer
MAG
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 355K · April 2018
Building
MAG 565

About 614, MAG 565

614 is a studio of 383 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 2 April 2018 for AED 355,000, or AED 927 per sqft, 7% below the AED 998 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 35,000 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 6,200 a year.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical studio in MAG 565
300K400K2017202020232026Typical 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, April 2018: AED 355,000 (AED 927 per sqft)

614 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 614, 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, July 2021: AED 18,000 a yearRenewal, July 2022: AED 18,000 a yearNew contract, August 2023: AED 27,000 a yearNew contract, June 2025: AED 41,000 a yearRenewal, June 2026: AED 35,000 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 614 sits

All 66 studios →

614 last sold in April 2018 at AED 927 per sqft, 7% below what studios in MAG 565 were fetching at the time (AED 998). 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. 614's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026479,000
21 May 2026425,000
20 May 2026440,000
22 Nov 2025500,000
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 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

614, MAG 565 in numbers

  • Sold once: by MAG on 2 April 2018 for AED 355,000, or AED 927 per sqft.
  • Rented since July 2021 on 5 Ejari contracts, from AED 18,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2018 price is 9.9%, before a service charge of about AED 6,200 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 1 June 2026.

Questions about 614, MAG 565

What did unit 614 last sell for?

AED 355,000 on 2 April 2018, sold by the developer: AED 927 per sqft for 383 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 35,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 41,000; the unit has been rented since July 2021.

How big is unit 614?

383 sqft (35.6 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 614 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 614, MAG 565

Starts from the last sale price (AED 355K, 2 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 355,000
Deposit, UAE resident (20%)
AED 71,000
Deposit, non-resident (40%)
AED 142,000
Monthly over 25 years at 3.7%
AED 1,452

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