MAG 565

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by MAG
132
Total Units
132
Sold
AED 435,000
Median Price
AED 900
Median Price /sqft
Construction progress: 100%
Start: Aug, 2015Completion: Feb, 2020

MAG 565 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio66350 sqft - 440 sqftAED 0.4M (1,220 /sqft)AED 1,750 /sqft
-29.96
1 Bed48480 sqft - 630 sqftAED 0.6M (1,250 /sqft)AED 1,580 /sqft
-20.95
2 Beds18670 sqft - 910 sqftAED 0.7M (1,090 /sqft)AED 1,520 /sqft
-28.41

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
No data found

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment514 sqft5.35 sqft 1AED 620,000AED 1,206 /sqft 09, Jan 2026
1Apartment622 sqft12.03 sqft 1AED 517,636AED 834 /sqft 10, Apr 2019
1Apartment628 sqft9.46 sqft 1AED 449,173AED 715 /sqft 24, Nov 2022
1Apartment483 sqft0 sqft 1AED 436,000AED 903 /sqft 10, Dec 2017
1Apartment481 sqft5.83 sqft 1AED 436,000AED 912 /sqft 08, Mar 2018
1Apartment481 sqft5.83 sqft 1AED 420,000AED 879 /sqft 09, Jul 2018
1Apartment514 sqft5.35 sqft 1AED 377,530AED 734 /sqft 06, Oct 2021
1Apartment483 sqft0 sqft 1AED 320,000AED 663 /sqft 17, May 2022
2Apartment913 sqft13.23 sqft 1AED 688,548AED 754 /sqft 27, May 2018
2Apartment668 sqft12.02 sqft 1AED 497,000AED 744 /sqft 02, Jun 2020
2Apartment670 sqft12.01 sqft 1AED 479,300AED 715 /sqft 04, Apr 2023
StudioApartment383 sqft0 sqft 1AED 430,000AED 1,123 /sqft 30, Jun 2025
StudioApartment387 sqft4.85 sqft 1AED 387,000AED 1,000 /sqft 20, May 2019
StudioApartment387 sqft4.85 sqft 1AED 386,492AED 999 /sqft 09, Jan 2018
StudioApartment437 sqft6.66 sqft 1AED 385,000AED 881 /sqft 12, Jun 2018

MAG 565 Real Estate Data – FAQ

  • What is the current property supply in MAG 565?

    MAG 565 has a total residential supply of approximately 22 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in MAG 565?

    MAG 565 recorded 6 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in MAG 565?

    The median transaction price in MAG 565 is AED 1,220 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in MAG 565?

    The gross rental yield in MAG 565 is approximately 9%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in MAG 565?

    Property prices in MAG 565 have shown a capital appreciation of 22% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in MAG 565?

    There are currently 0 active off-plan projects in MAG 565, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in MAG 565?

    The total off-plan pipeline in MAG 565 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is MAG 565 a good area for property investment?

    MAG 565 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In MAG 565, this is %, indicating relatively strong income performance compared to global markets.

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