Ready building · MAG

MAG 565, Dubai South

Name: Registered property sales in MAG 565
Creator: Dubai Land Department

Highlights

MAG 565 at a glance

About MAG 565

MAG 565 is a residential building in Dubai South, Dubai, developed by MAG. It holds about 132 units: studios, 1-bedroom apartments, 2-bedroom apartments. Depending on the unit, windows look out over Community.

The building was completed in 2020 and has been in use for about 6 years. 7 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,126 per sq ft.

In a nutshell

A residential ready building
Located in Dubai South, Dubai
Developed by MAG
Completed in Q1 2020
Unit types: Studio, 1 Bed, 2 Beds
Sizes from 350 to 910 sq ft
Views: Community View
Service charge from AED 17.86 per sq ft
Expo 2020 metro station 5.5 km away

Status: Ready
Developer: MAG
Location: Dubai South, Dubai
Completed: Q1 2020
Unit types: Studio, 1 Bed, 2 Beds
Prices from: AED 290.0K
Median price per sq ft: AED 1,126
Median gross yield: 8.5%
Service charge: AED 17.86 per sq ft (2026)
Nearest metro: Expo 2020, 5.5 km

Photos of MAG 565

Building details

Inside MAG 565

Properties in MAG 565

Studios in MAG 565

There are about 66 of these in MAG 565, from 350 to 440 sq ft. They have recently sold for a median of AED 460.0K, or AED 1,200 per sq ft.

1-bedroom apartments in MAG 565

There are about 48 of these in MAG 565, from 480 to 630 sq ft. They have recently sold for a median of AED 623.0K, or AED 1,250 per sq ft. Owners who resold made a median 7% over what they paid.

2-bedroom apartments in MAG 565

There are about 18 of these in MAG 565, from 670 to 910 sq ft. They have recently sold for a median of AED 725.0K, or AED 1,090 per sq ft. Owners who resold made a median 1% over what they paid.

Unit types in MAG 565 with sizes, median prices and rents
Unit type	Units	Size	Median price	Median rent
Studio	66	350 sqft32.5 sqmt – 440 sqft40.9 sqmt	AED 460K	AED 38.3K
1 Bed	48	480 sqft44.6 sqmt – 630 sqft58.5 sqmt	AED 623K	AED 47K
2 Beds	18	670 sqft62.2 sqmt – 910 sqft84.5 sqmt	AED 725K	–

Sale trends in MAG 565

Median sale price

AED 472K

Median per sq ft

AED 1,126

Median gross yield

8.5%

Price ranges from the most recent registered sales, by unit type:

Studios: AED 425.0K to AED 500.0K (347 to 437 sq ft), across 12 sales
1-bedroom apartments: AED 505.0K to AED 695.0K (481 to 622 sq ft), across 7 sales
2-bedroom apartments: one sale at AED 725.0K (668 sq ft)

Rental trends in MAG 565

1-bedroom homes in MAG 565 were let for AED 46.0K to AED 48.0K a year across 2 recent contracts, with a median of AED 47.0K.

Yearly rents from recent registered contracts, by unit type:

1-bedroom apartments: AED 46.0K to AED 48.0K a year (483 to 514 sq ft), across 2 contracts
Studios: AED 37.0K to AED 39.5K a year (347 to 387 sq ft), across 2 contracts

Recent transactions in MAG 565

Recent registered sales in MAG 565
LocationStatus and unit	PricePer sqftPer sqmt	SpecsSize and bedrooms	DateSold by
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 479,000AED 1,168 /sqftAED 12,572 /sqmt	410 sqft38.1 sqmtStudio	21 Oct 2026Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 725,000AED 1,085 /sqftAED 11,679 /sqmt	668 sqft62.1 sqmt2 Beds	12 Aug 2026Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 425,000AED 1,225 /sqftAED 13,186 /sqmt	347 sqft32.2 sqmtStudio	21 May 2026Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 440,000AED 1,268 /sqftAED 13,649 /sqmt	347 sqft32.2 sqmtStudio	20 May 2026Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 620,000AED 1,206 /sqftAED 12,981 /sqmt	514 sqft47.8 sqmt1 Bed	9 Jan 2026Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 500,000AED 1,144 /sqftAED 12,314 /sqmt	437 sqft40.6 sqmtStudio	22 Nov 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 625,000AED 1,299 /sqftAED 13,982 /sqmt	481 sqft44.7 sqmt1 Bed	12 Nov 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 462,500AED 1,189 /sqftAED 12,798 /sqmt	389 sqft36.1 sqmtStudio	30 Sept 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 695,000AED 1,117 /sqftAED 12,023 /sqmt	622 sqft57.8 sqmt1 Bed	31 Jul 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 580,000AED 1,128 /sqftAED 12,142 /sqmt	514 sqft47.8 sqmt1 Bed	31 Jul 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 460,000AED 1,122 /sqftAED 12,077 /sqmt	410 sqft38.1 sqmtStudio	10 Jul 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 430,000AED 1,123 /sqftAED 12,088 /sqmt	383 sqft35.6 sqmtStudio	30 Jun 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 460,000AED 1,122 /sqftAED 12,077 /sqmt	410 sqft38.1 sqmtStudio	19 Jun 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 505,000AED 1,050 /sqftAED 11,302 /sqmt	481 sqft44.7 sqmt1 Bed	2 Jun 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 425,000AED 1,110 /sqftAED 11,948 /sqmt	383 sqft35.6 sqmtStudio	28 May 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 580,000AED 1,128 /sqftAED 12,142 /sqmt	514 sqft47.8 sqmt1 Bed	28 May 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 465,000AED 1,134 /sqftAED 12,206 /sqmt	410 sqft38.1 sqmtStudio	20 May 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 440,000AED 1,073 /sqftAED 11,550 /sqmt	410 sqft38.1 sqmtStudio	8 May 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 550,000AED 1,070 /sqftAED 11,517 /sqmt	514 sqft47.8 sqmt1 Bed	8 May 2025Owner
MAG 565, MAG 5 Boulevard, Dubai SouthReadyApartment	AED 460,000AED 1,053 /sqftAED 11,334 /sqmt	437 sqft40.6 sqmtStudio	8 May 2025Owner

MAG 565, MAG 5 Boulevard
Dubai South
AED 479K
AED 1,168 /sqftAED 12,572 /sqmt
ReadyApartment
410 sqft38.1 sqmtStudioOwner21 Oct 2026
MAG 565, MAG 5 Boulevard
Dubai South
AED 725K
AED 1,085 /sqftAED 11,679 /sqmt
ReadyApartment
668 sqft62.1 sqmt2 BedsOwner12 Aug 2026
MAG 565, MAG 5 Boulevard
Dubai South
AED 425K
AED 1,225 /sqftAED 13,186 /sqmt
ReadyApartment
347 sqft32.2 sqmtStudioOwner21 May 2026
MAG 565, MAG 5 Boulevard
Dubai South
AED 440K
AED 1,268 /sqftAED 13,649 /sqmt
ReadyApartment
347 sqft32.2 sqmtStudioOwner20 May 2026
MAG 565, MAG 5 Boulevard
Dubai South
AED 620K
AED 1,206 /sqftAED 12,981 /sqmt
ReadyApartment
514 sqft47.8 sqmt1 BedOwner9 Jan 2026
MAG 565, MAG 5 Boulevard
Dubai South
AED 500K
AED 1,144 /sqftAED 12,314 /sqmt
ReadyApartment
437 sqft40.6 sqmtStudioOwner22 Nov 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 625K
AED 1,299 /sqftAED 13,982 /sqmt
ReadyApartment
481 sqft44.7 sqmt1 BedOwner12 Nov 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 462.5K
AED 1,189 /sqftAED 12,798 /sqmt
ReadyApartment
389 sqft36.1 sqmtStudioOwner30 Sept 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 695K
AED 1,117 /sqftAED 12,023 /sqmt
ReadyApartment
622 sqft57.8 sqmt1 BedOwner31 Jul 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 580K
AED 1,128 /sqftAED 12,142 /sqmt
ReadyApartment
514 sqft47.8 sqmt1 BedOwner31 Jul 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 460K
AED 1,122 /sqftAED 12,077 /sqmt
ReadyApartment
410 sqft38.1 sqmtStudioOwner10 Jul 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 430K
AED 1,123 /sqftAED 12,088 /sqmt
ReadyApartment
383 sqft35.6 sqmtStudioOwner30 Jun 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 460K
AED 1,122 /sqftAED 12,077 /sqmt
ReadyApartment
410 sqft38.1 sqmtStudioOwner19 Jun 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 505K
AED 1,050 /sqftAED 11,302 /sqmt
ReadyApartment
481 sqft44.7 sqmt1 BedOwner2 Jun 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 425K
AED 1,110 /sqftAED 11,948 /sqmt
ReadyApartment
383 sqft35.6 sqmtStudioOwner28 May 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 580K
AED 1,128 /sqftAED 12,142 /sqmt
ReadyApartment
514 sqft47.8 sqmt1 BedOwner28 May 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 465K
AED 1,134 /sqftAED 12,206 /sqmt
ReadyApartment
410 sqft38.1 sqmtStudioOwner20 May 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 440K
AED 1,073 /sqftAED 11,550 /sqmt
ReadyApartment
410 sqft38.1 sqmtStudioOwner8 May 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 550K
AED 1,070 /sqftAED 11,517 /sqmt
ReadyApartment
514 sqft47.8 sqmt1 BedOwner8 May 2025
MAG 565, MAG 5 Boulevard
Dubai South
AED 460K
AED 1,053 /sqftAED 11,334 /sqmt
ReadyApartment
437 sqft40.6 sqmtStudioOwner8 May 2025

Recent registered rent contracts in MAG 565
LocationContract and unit	Annual rentAED a year	SpecsSize and bedrooms	Contract dateStart – End
MAG 565, MAG 5 Boulevard, Dubai SouthApartmentNew contract	AED 39,500	387 sqft36 sqmtStudio	5 Nov 2026to4 Nov 2027
MAG 565, MAG 5 Boulevard, Dubai SouthApartmentNew contract	AED 46,000	514 sqft47.8 sqmt1 Bed	3 Nov 2026to2 Nov 2027
MAG 565, MAG 5 Boulevard, Dubai SouthApartmentNew contract	AED 37,000	347 sqft32.2 sqmtStudio	28 Oct 2026to27 Oct 2027
MAG 565, MAG 5 Boulevard, Dubai SouthApartmentNew contract	AED 48,000	483 sqft44.9 sqmt1 Bed	16 Oct 2026to15 Oct 2027

MAG 565, MAG 5 Boulevard
Dubai South
AED 39.5K/yr
ApartmentNew contract
387 sqft36 sqmtStudio5 Nov 2026to4 Nov 2027
MAG 565, MAG 5 Boulevard
Dubai South
AED 46K/yr
ApartmentNew contract
514 sqft47.8 sqmt1 Bed3 Nov 2026to2 Nov 2027
MAG 565, MAG 5 Boulevard
Dubai South
AED 37K/yr
ApartmentNew contract
347 sqft32.2 sqmtStudio28 Oct 2026to27 Oct 2027
MAG 565, MAG 5 Boulevard
Dubai South
AED 48K/yr
ApartmentNew contract
483 sqft44.9 sqmt1 Bed16 Oct 2026to15 Oct 2027

Every sale in MAG 565 Every rent contract in MAG 565

Service charges in MAG 565

The 2026 service charge in MAG 565 is AED 17.86 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in MAG 565
Unit type	Rate per sq ft	Size	Yearly charge
1 Bed Apartment (2026)	AED 17.86	480 sqft44.6 sqmt – 630 sqft58.5 sqmt	AED 8,573 – AED 11,252
2 Beds Apartment (2026)	AED 17.86	670 sqft62.2 sqmt – 910 sqft84.5 sqmt	AED 11,966 – AED 16,253
Studio Apartment (2026)	AED 17.86	350 sqft32.5 sqmt – 440 sqft40.9 sqmt	AED 6,251 – AED 7,858

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around MAG 565

Transportation near MAG 565

The nearest Dubai Metro station from MAG 565 is Expo 2020 (red line, 5.5 km, about 13 min drive), then Dubai Investment Park (red line, 7.5 km, about 17 min drive). Most residents will drive or take a taxi to the metro.

Expo 2020Red line · 5.5 km · about 13 min drive
Dubai Investment ParkRed line · 7.5 km · about 17 min drive

Shopping and groceries near MAG 565

The closest is Spinneys / Green Community (Located in Emirates Road), 6.9 km from MAG 565 (about 16 min drive).

Spinneys / Green Community (Located in Emirates Road)Supermarket · 6.9 km · about 16 min drive

Schools near MAG 565

The nearest is GEMS Founders School DS DWC-LLC, 1.1 km away. Ratings are the KHDA's latest inspection grades.

GEMS Founders School DS DWC-LLCUK · KHDA: Not inspected yet · 1.1 km
Greenfield International SchoolInternational Baccalaureate · KHDA: Very good · 3.8 km
The International School of Choueifat (Branch)SABIS (UK/US) · KHDA: Acceptable · 5.7 km
Bright Riders SchoolIndian · KHDA: Good · 6 km
Al Nibras International Private SchoolAmerican · KHDA: Good · 6.1 km
Dove Green Private School L.L.CUK · KHDA: Good · 6.7 km

Things to consider about MAG 565

In its favour

Owners who resold have made money: a median gain of up to 7%.
A median gross yield of 8.5% on recent sales.
Ready to move into or let, with no construction risk.
Several schools within 3 km.

Worth checking

Few sales each year, so a resale can take longer and prices move on a handful of deals.
The nearest running metro station is 5.5 km away, so a car helps.

Specialists

Brokers who know MAG 565

These brokers handle sales and lettings in MAG 565 and can tell you what is available now.

Roman Matsaniuk

Property Advisor

Aamir Muzaffar

Assistant Manager

Howard Mall

Senior Property Advisor

Jordan Richard Landsey

Property Advisor

Varsha Geogy

Senior Property Advisor

FAQs

MAG 565: questions answered

MAG 565 was developed by MAG in Dubai South.

MAG 565 is completed in Q1 2020.

Across its 20 most recent registered sales, MAG 565 sold for a median of AED 1,126 per sq ft and AED 472.0K per unit.

Recent yearly contracts in MAG 565 have a median rent of AED 42.8K.

The median gross yield on recently sold units in MAG 565 is 8.5%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in MAG 565 is AED 17.86 per sq ft a year, as registered with the Dubai Land Department.

MAG 565 has Studio (350 to 440 sq ft), 1 Bed (480 to 630 sq ft), 2 Beds (670 to 910 sq ft).

Expo 2020 is about 5.5 km from MAG 565.

The nearest schools include GEMS Founders School DS DWC-LLC (1.1 km), Greenfield International School (3.8 km), The International School of Choueifat (Branch) (5.7 km).

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