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Studio · 437 sqftMAG 565, Dubai South · 3rd floor · completed 2020

318, MAG 565

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 8 May 2025
Last soldAED 460K8 May 2025
Current rentAED 37K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 318, MAG 565

What is 318 worth today?

Last sold for AED 460,000 in 2025

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8 May 2025SoldReady
AED 460,000AED 1,052 per sqft
10 Mar 2025RentedRenewal
AED 37,090/yr12 months · AED 86 per sqft
10 Mar 2024RentedNew contract
AED 37,000/yr12 months · AED 84 per sqft
1 Apr 2023RentedRenewal
AED 18,000/yr12 months · AED 41 per sqft
1 Apr 2022RentedRenewal
AED 18,000/yr12 months · AED 41 per sqft
1 Apr 2021RentedNew contract
AED 18,000/yr12 months · AED 41 per sqft
7 Jan 2018Sold by developerOff-plan
AED 432,300AED 989 per sqft

Source: Dubai Land Department. Updated 8 May 2025.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
3rd of 6
Parking
G-62
Developer
MAG
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 460K · May 2025
Building
MAG 565

About 318, MAG 565

318 is a studio of 437 sqft on the 3rd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 May 2025 for AED 460,000, or AED 1,052 per sqft, 7% above the AED 986 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 37,090 a year: a gross yield of 8.1% on the 2025 price, before the service charge of about AED 7,100 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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, January 2018: AED 432,300 (AED 989 per sqft)Sold, May 2025: AED 460,000 (AED 1,052 per sqft)

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

Rents
Unit 318, 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, April 2021: AED 18,000 a yearRenewal, April 2022: AED 18,000 a yearRenewal, April 2023: AED 18,000 a yearNew contract, March 2024: AED 37,000 a yearRenewal, March 2025: AED 37,090 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 318 sits

All 66 studios →

318 last sold in May 2025 at AED 1,052 per sqft, 7% above what studios in MAG 565 were fetching at the time (AED 986). 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. 318's AED 37,090 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

318, MAG 565 in numbers

  • Sold twice: first on 7 January 2018 for AED 432,300, last on 8 May 2025 for AED 460,000 (AED 1,052 per sqft).
  • Rented since April 2021 on 5 Ejari contracts, from AED 18,000 to AED 37,090 a year.
  • At AED 37,090 a year the gross yield on the 2025 price is 8.1%, before a service charge of about AED 7,100 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 8 May 2025.

Questions about 318, MAG 565

What did unit 318 last sell for?

AED 460,000 on 8 May 2025: AED 1,052 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 432,300 in January 2018.

What is the rent for unit 318?

AED 37,090 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 37,000; the unit has been rented since April 2021.

How big is unit 318?

437 sqft (40.6 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 318 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 318, MAG 565

Starts from the last sale price (AED 460K, 8 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

Plus AED 22,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →