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Studio · 360 sqftMAG 565, Dubai South · 6th floor · completed 2020

621, MAG 565

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 621 · DLD and Ejari recordsUpdated 20 October 2025
Last soldAED 390K3 June 2024
Current rentAED 42K /yr20 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 621, MAG 565

What is 621 worth today?

Last sold for AED 390,000 in 2024

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20 Oct 2025RentedNew contract
AED 42,000/yr12 months · AED 117 per sqft
15 Nov 2024RentedNew contract
AED 36,000/yr12 months · AED 100 per sqft
3 Jun 2024SoldReady
AED 390,000AED 1,083 per sqft
15 Nov 2022RentedNew contract
AED 36,000/yr12 months · AED 100 per sqft
25 Oct 2021RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft
29 May 2021RentedNew contract
AED 20,400/yr12 months · AED 57 per sqft
24 Sep 2019Sold by developerOff-plan
AED 378,524AED 1,051 per sqft

Source: Dubai Land Department. Updated 20 October 2025.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
6th of 6
Parking
G-131
Developer
MAG
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 390K · June 2024
Building
MAG 565

About 621, MAG 565

621 is a studio of 360 sqft on the 6th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 June 2024 for AED 390,000, or AED 1,083 per sqft, 23% above the AED 884 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 20 October 2025, is AED 42,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 5,900 a year.

Sales and rents for 621 over time

Sales
Unit 621, 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, September 2019: AED 378,524 (AED 1,051 per sqft)Sold, June 2024: AED 390,000 (AED 1,083 per sqft)

621 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 621, 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, May 2021: AED 20,400 a yearNew contract, October 2021: AED 20,000 a yearNew contract, November 2022: AED 36,000 a yearNew contract, November 2024: AED 36,000 a yearNew contract, October 2025: AED 42,000 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 621 sits

All 66 studios →

621 last sold in June 2024 at AED 1,083 per sqft, 23% above what studios in MAG 565 were fetching at the time (AED 884). 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. 621's AED 42,000 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

621, MAG 565 in numbers

  • Sold twice: first on 24 September 2019 for AED 378,524, last on 3 June 2024 for AED 390,000 (AED 1,083 per sqft).
  • Rented since May 2021 on 5 Ejari contracts, from AED 20,400 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 5,900 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 20 October 2025.

Questions about 621, MAG 565

What did unit 621 last sell for?

AED 390,000 on 3 June 2024: AED 1,083 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 378,524 in September 2019.

What is the rent for unit 621?

AED 42,000 a year on the contract signed on 20 October 2025. The previous contract, from November 2024, was AED 36,000; the unit has been rented since May 2021.

How big is unit 621?

360 sqft (33.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 621 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 621, MAG 565

Starts from the last sale price (AED 390K, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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