616, MAG 565
Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, MAG 565
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 6th of 6
- Parking
- G-126
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,700 /yr
- Last sold
- AED 460K · July 2025
- Building
- MAG 565
About 616, MAG 565
616 is a studio of 410 sqft on the 6th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 10 July 2025 for AED 460,000, or AED 1,121 per sqft, 5% above the AED 1,072 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 1 September 2026, is AED 37,000 a year: a gross yield of 8.0% on the 2025 price, before the service charge of about AED 6,700 a year.
Sales and rents for 616 over time
616 has sold twice; the dashed line is the studio median of each year in the building.
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 616 sits
All 66 studios →616 last sold in July 2025 at AED 1,121 per sqft, 5% above what studios in MAG 565 were fetching at the time (AED 1,072). 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. 616's AED 37,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 410 sqft | 479,000 | 1,167 | ||
| 21 May 202621 May 2026 | 347 sqft | 425,000 | 1,223 | ||
| 20 May 202620 May 2026 | 347 sqft | 440,000 | 1,266 | ||
| 22 Nov 202522 November 2025 | 437 sqft | 500,000 | 1,144 |
MAG 565
Building132 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%
Other units on the 6th floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 447KAED 446,540 · Jul 2021July 2021 | 42,000 /yr | |
| 602 | Studio | 389 sqft | AED 250KAED 250,000 · Sep 2020September 2020 | 42,000 /yr | |
| 603 | Studio | 365 sqft | AED 270KAED 270,000 · Sep 2022September 2022 | 40,000 /yr | |
| 604 | 1-bed | 481 sqft | AED 437KAED 437,000 · Nov 2019November 2019 | 52,000 /yr | |
| 605 | 2-bed | 670 sqft | AED 530KAED 530,000 · Jun 2023June 2023 | 52,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 425KAED 425,000 · Feb 2018February 2018 | 50,000 /yr | |
| 607 | Studio | 389 sqft | AED 463KAED 462,500 · Sep 2025September 2025 | 35,000 /yr | |
| 608 | Studio | 349 sqft | AED 298KAED 297,800 · Sep 2021September 2021 | 43,000 /yr | |
| 609 | 1-bed | 481 sqft | AED 455KAED 455,000 · Apr 2024April 2024 | 50,000 /yr | |
| 610 | 2-bed | 668 sqft | AED 480KAED 480,000 · Jul 2022July 2022 | 65,000 /yr | |
| 611 | 1-bed | 483 sqft | AED 435KAED 435,000 · May 2018May 2018 | 44,500 /yr | |
| 612 | 2-bed | 914 sqft | AED 690KAED 690,000 · Oct 2018October 2018 | 49,500 /yr | |
| 613 | 1-bed | 623 sqft | AED 516KAED 516,475 · Oct 2018October 2018 | 48,000 /yr | |
| 614 | Studio | 383 sqft | AED 355KAED 355,000 · Apr 2018April 2018 | 35,000 /yr | |
| 615 | Studio | 410 sqft | AED 300KAED 300,000 · Dec 2024December 2024 | 38,000 /yr | |
| 617 | Studio | 437 sqft | AED 393KAED 392,950 · Jan 2018January 2018 | 31,500 /yr | |
| 618 | Studio | 437 sqft | AED 395KAED 395,000 · Apr 2019April 2019 | 42,000 /yr | |
| 619 | 1-bed | 514 sqft | AED 478KAED 478,000 · Jan 2018January 2018 | 46,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 580KAED 580,000 · May 2025May 2025 | 42,000 /yr | |
| 621 | Studio | 360 sqft | AED 390KAED 390,000 · Jun 2024June 2024 | 42,000 /yr | |
| 622 | Studio | 360 sqft | AED 325KAED 325,000 · Jul 2018July 2018 | 35,000 /yr |
616, MAG 565 in numbers
- Sold twice: first on 7 January 2018 for AED 422,031, last on 10 July 2025 for AED 460,000 (AED 1,121 per sqft).
- Rented since May 2021 on 6 Ejari contracts, from AED 17,000 to AED 37,000 a year.
- At AED 37,000 a year the gross yield on the 2025 price is 8.0%, before a service charge of about AED 6,700 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 September 2026.
Questions about 616, MAG 565
What did unit 616 last sell for?
AED 460,000 on 10 July 2025: AED 1,121 per sqft for 410 sqft. The unit has 2 registered sales; the first was AED 422,031 in January 2018.
What is the rent for unit 616?
AED 37,000 a year on the contract signed on 1 September 2026. The previous contract, from December 2025, was AED 42,000; the unit has been rented since May 2021.
How big is unit 616?
410 sqft (38.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 616 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 616, MAG 565
Starts from the last sale price (AED 460K, 10 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →