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Studio · 437 sqftMAG 565, Dubai South · 6th floor · completed 2020

617, MAG 565

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

Unit 617 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 393K7 January 2018
Current rentAED 44K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 617, MAG 565

What is 617 worth today?

Last sold for AED 392,950 in 2018

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1 Feb 2026RentedRenewal
AED 43,500/yr12 months · AED 99 per sqft
1 Feb 2026RentedRenewal
AED 31,500/yr12 months · AED 71 per sqft
3 Oct 2025RentedNew contract
AED 54,000/yr12 months · AED 124 per sqft
1 Feb 2025RentedNew contract
AED 54,000/yr12 months · AED 122 per sqft
22 Nov 2022RentedNew contract
AED 45,000/yr12 months · AED 103 per sqft
20 Sep 2021RentedNew contract
AED 28,000/yr12 months · AED 64 per sqft
7 Jan 2018Sold by developerOff-plan
AED 392,950AED 899 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
6th of 6
Parking
G-127
Developer
MAG
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 393K · January 2018
Building
MAG 565

About 617, MAG 565

617 is a studio of 437 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 January 2018 for AED 392,950, or AED 899 per sqft, 10% below the AED 1,001 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 43,500 a year: a gross yield of 11.1% on the 2018 price, before the service charge of about AED 7,100 a year.

Sales and rents for 617 over time

Sales
Unit 617, 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, January 2018: AED 392,950 (AED 899 per sqft)

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

Rents
Unit 617, each contractTypical studio in MAG 565
20K40K60K2020202220242026Typical 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, September 2021: AED 28,000 a yearNew contract, November 2022: AED 45,000 a yearNew contract, February 2025: AED 54,000 a yearNew contract, October 2025: AED 54,000 a yearRenewal, February 2026: AED 43,500 a yearRenewal, February 2026: AED 31,500 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 617 sits

All 66 studios →

617 last sold in January 2018 at AED 899 per sqft, 10% below what studios in MAG 565 were fetching at the time (AED 1,001). 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. 617's AED 43,500 is in the upper 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

617, MAG 565 in numbers

  • Sold once: by MAG on 7 January 2018 for AED 392,950, or AED 899 per sqft.
  • Rented since September 2021 on 6 Ejari contracts, from AED 28,000 to AED 43,500 a year.
  • At AED 43,500 a year the gross yield on the 2018 price is 11.1%, before a service charge of about AED 7,100 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 February 2026.

Questions about 617, MAG 565

What did unit 617 last sell for?

AED 392,950 on 7 January 2018, sold by the developer: AED 899 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 617?

AED 43,500 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 31,500; the unit has been rented since September 2021.

How big is unit 617?

437 sqft (40.6 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 617 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 617, MAG 565

Starts from the last sale price (AED 393K, 7 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 392,950
Deposit, UAE resident (20%)
AED 78,590
Deposit, non-resident (40%)
AED 157,180
Monthly over 25 years at 3.7%
AED 1,608

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