208, MAG 565
Sold prices and rental history: sold twice, last in May 2023, and rented once, from May 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 208, MAG 565
What is 208 worth today?
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Source: Dubai Land Department. Updated 28 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 347 sqft
- Floor
- 2nd of 6
- Parking
- G-72
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,600 /yr
- Last sold
- AED 300K · May 2023
- Building
- MAG 565
About 208, MAG 565
208 is a studio of 347 sqft on the 2nd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 29 May 2023 for AED 300,000, or AED 863 per sqft, 21% above the AED 711 studios in the building were fetching at the time.
One Ejari contract is registered, from 28 May 2025. The current contract, signed on 28 May 2025, is AED 38,000 a year: a gross yield of 12.7% on the 2023 price, before the service charge of about AED 5,600 a year.
Sales and rents for 208 over time
208 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 208 sits
All 66 studios →208 last sold in May 2023 at AED 863 per sqft, 21% above what studios in MAG 565 were fetching at the time (AED 711). Over the last 12 months studios sold for AED 500,000, around AED 1,144 per sqft, and rent for AED 31,500 to 43,500 a year. 208's AED 38,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Nov 202522 November 2025 | 437 sqft | 500,000 | 1,144 | ||
| 10 Jul 202510 July 2025 | 410 sqft | 460,000 | 1,121 | ||
| 30 Jun 202530 June 2025 | 383 sqft | 430,000 | 1,124 | ||
| 19 Jun 202519 June 2025 | 410 sqft | 460,000 | 1,121 |
MAG 565
Building132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,206
- Typical sale
- AED 620K
- Typical rent
- AED 42K /yr
- Typical yield
- 8.0%
Other units on the 2nd floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 458KAED 458,340 · Jan 2022January 2022 | 60,000 /yr | |
| 202 | Studio | 387 sqft | AED 250KAED 250,000 · Jul 2020July 2020 | 31,000 /yr | |
| 203 | Studio | 365 sqft | AED 323KAED 323,000 · Feb 2024February 2024 | 38,000 /yr | |
| 204 | 1-bed | 481 sqft | AED 500KAED 500,000 · Aug 2024August 2024 | 45,000 /yr | |
| 205 | 2-bed | 670 sqft | AED 497KAED 497,000 · Sep 2019September 2019 | 60,000 /yr | |
| 206 | 1-bed | 483 sqft | AED 436KAED 436,000 · Jun 2018June 2018 | 55,000 /yr | |
| 207 | Studio | 387 sqft | AED 250KAED 250,000 · Jul 2020July 2020 | 25,000 /yr | |
| 209 | 1-bed | 481 sqft | AED 446KAED 446,000 · Apr 2018April 2018 | 45,000 /yr | |
| 210 | 2-bed | 668 sqft | AED 497KAED 497,000 · Jun 2020June 2020 | 55,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 436KAED 436,000 · May 2018May 2018 | 44,505 /yr | |
| 212 | 2-bed | 913 sqft | AED 650KAED 650,054 · Apr 2023April 2023 | 48,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 449KAED 449,000 · Oct 2022October 2022 | 30,000 /yr | |
| 214 | Studio | 383 sqft | AED 425KAED 425,000 · May 2025May 2025 | 40,000 /yr | |
| 215 | Studio | 410 sqft | AED 465KAED 465,000 · May 2025May 2025 | 44,000 /yr | |
| 216 | Studio | 410 sqft | AED 379KAED 379,000 · Sep 2019September 2019 | 40,000 /yr | |
| 217 | Studio | 437 sqft | AED 384KAED 383,500 · Sep 2018September 2018 | 37,000 /yr | |
| 218 | Studio | 437 sqft | AED 430KAED 430,000 · Dec 2024December 2024 | ||
| 219 | 1-bed | 514 sqft | AED 458KAED 458,000 · Jun 2018June 2018 | 37,400 /yr | |
| 220 | 1-bed | 514 sqft | AED 458KAED 458,000 · Jun 2018June 2018 | 48,000 /yr | |
| 221 | Studio | 360 sqft | AED 300KAED 300,000 · Mar 2024March 2024 | 24,000 /yr | |
| 222 | Studio | 360 sqft | AED 290KAED 290,000 · Oct 2017October 2017 | 40,000 /yr |
208, MAG 565 in numbers
- Sold twice: first on 13 October 2019 for AED 358,200, last on 29 May 2023 for AED 300,000 (AED 863 per sqft).
- Rented since May 2025 on one Ejari contract, at AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2023 price is 12.7%, before a service charge of about AED 5,600 a year (AED 16.26 per sqft).
- Studios in MAG 565 sold for AED 500,000–500,000 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 28 May 2025.
Questions about 208, MAG 565
What did unit 208 last sell for?
AED 300,000 on 29 May 2023: AED 863 per sqft for 347 sqft. The unit has 2 registered sales; the first was AED 358,200 in October 2019.
What is the rent for unit 208?
AED 38,000 a year on the contract signed on 28 May 2025.
How big is unit 208?
347 sqft (32.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 208 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 500,000 to 500,000 in the last 12 months, around AED 1,144 per sqft.
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Mortgage on 208, MAG 565
Starts from the last sale price (AED 300K, 29 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 300,000
- Deposit, UAE resident (20%)
- AED 60,000
- Deposit, non-resident (40%)
- AED 120,000
- Monthly over 25 years at 3.7%
- AED 1,227
Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →