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Studio · 347 sqftMAG 565, Dubai South · 3rd floor · completed 2020

308, MAG 565

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

Unit 308 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 358K14 February 2018
Current rentAED 35K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, MAG 565

What is 308 worth today?

Last sold for AED 358,000 in 2018

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31 Dec 2025RentedNew contract
AED 35,000/yr12 months · AED 102 per sqft
1 Jan 2025RentedNew contract
AED 30,081/yr12 months · AED 87 per sqft
31 Dec 2023RentedRenewal
AED 23,000/yr12 months · AED 67 per sqft
31 Dec 2022RentedRenewal
AED 20,000/yr12 months · AED 58 per sqft
31 Dec 2021RentedNew contract
AED 19,000/yr12 months · AED 55 per sqft
14 Feb 2018Sold by developerOff-plan
AED 358,000AED 1,030 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
3rd of 6
Parking
G-52
Developer
MAG
Completed
2020
Service charge
AED 5,600 /yr
Last sold
AED 358K · February 2018
Building
MAG 565

About 308, MAG 565

308 is a studio of 347 sqft on the 3rd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 14 February 2018 for AED 358,000, or AED 1,030 per sqft, in line with the AED 1,001 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 31 December 2025, is AED 35,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 5,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, 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 455,000Sold by developer, February 2018: AED 358,000 (AED 1,030 per sqft)

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

Rents
Unit 308, each contractTypical studio in MAG 565
20K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 26,000; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 42,000New contract, December 2021: AED 19,000 a yearRenewal, December 2022: AED 20,000 a yearRenewal, December 2023: AED 23,000 a yearNew contract, January 2025: AED 30,081 a yearNew contract, December 2025: AED 35,000 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 308 sits

All 66 studios →

308 last sold in February 2018 at AED 1,030 per sqft, in line with what studios in MAG 565 were fetching at the time (AED 1,001). 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. 308's AED 35,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
22 Nov 2025500,000
10 Jul 2025460,000
30 Jun 2025430,000
19 Jun 2025460,000
1 studio sale 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. 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%
MAG 565, Dubai South: prices, sales and rents →

Other units on the 3rd floor

All 132 units in MAG 565
Value
3011-bedAED 400K · Aug 2023
302StudioAED 390K · Jun 2018
303StudioAED 372K · Apr 2020
3041-bedAED 625K · Nov 2025
3052-bedAED 530K · Sep 2018
3061-bedAED 435K · Sep 2018
307StudioAED 398K · Apr 2018
1–7 of 21

308, MAG 565 in numbers

  • Sold once: by MAG on 14 February 2018 for AED 358,000, or AED 1,030 per sqft.
  • Rented since December 2021 on 5 Ejari contracts, from AED 19,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2018 price is 9.8%, 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 31 December 2025.

Questions about 308, MAG 565

What did unit 308 last sell for?

AED 358,000 on 14 February 2018, sold by the developer: AED 1,030 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 35,000 a year on the contract signed on 31 December 2025. The previous contract, from January 2025, was AED 30,081; the unit has been rented since December 2021.

How big is unit 308?

347 sqft (32.2 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 308 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 308, MAG 565

Starts from the last sale price (AED 358K, 14 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 358,000
Deposit, UAE resident (20%)
AED 71,600
Deposit, non-resident (40%)
AED 143,200
Monthly over 25 years at 3.7%
AED 1,465

Plus AED 17,946 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →