Studio · 387 sqftMAG 565, Dubai South · 1st floor · completed 2020

102, MAG 565

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 8 October 2025
Last soldAED 386K9 January 2018
Current rentAED 34K /yr8 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, MAG 565

What is 102 worth today?

Last sold for AED 386,492 in 2018

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8 Oct 2025RentedRenewal
AED 33,500/yr12 months · AED 86 per sqft
8 Oct 2024RentedNew contract
AED 33,500/yr12 months · AED 86 per sqft
4 Oct 2023RentedRenewal
AED 25,000/yr12 months · AED 66 per sqft
4 Oct 2022RentedNew contract
AED 20,000/yr12 months · AED 53 per sqft
7 Oct 2021RentedRenewal
AED 20,000/yr12 months · AED 52 per sqft
7 Oct 2020RentedNew contract
AED 19,000/yr12 months · AED 49 per sqft
9 Jan 2018Sold by developerOff-plan
AED 386,492AED 998 per sqft

Source: Dubai Land Department. Updated 8 October 2025.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
1st of 6
Parking
G-02
Developer
MAG
Completed
2020
Service charge
AED 6,300 /yr
Last sold
AED 386K · January 2018
Building
MAG 565

About 102, MAG 565

102 is a studio of 387 sqft on the 1st floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 9 January 2018 for AED 386,492, or AED 998 per sqft, in line with the AED 1,000 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 8 October 2025, is AED 33,500 a year: a gross yield of 8.7% on the 2018 price, before the service charge of about AED 6,300 a year.

Sales and rents for 102 over time

Sales
Unit 102, 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 460,000; 2026 AED 440,000Sold by developer, January 2018: AED 386,492 (AED 998 per sqft)

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

Rents
Unit 102, each contractTypical studio in MAG 565
20K30K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 21,000; 2023 AED 25,600; 2024 AED 35,000; 2025 AED 38,000; 2026 AED 37,500New contract, October 2020: AED 19,000 a yearRenewal, October 2021: AED 20,000 a yearNew contract, October 2022: AED 20,000 a yearRenewal, October 2023: AED 25,000 a yearNew contract, October 2024: AED 33,500 a yearRenewal, October 2025: AED 33,500 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 102 sits

All 66 studios →

102 last sold in January 2018 at AED 998 per sqft, in line with what studios in MAG 565 were fetching at the time (AED 1,000). Over the last 12 months studios sold for AED 425,000 to 500,000, around AED 1,195 per sqft, and rent for AED 30,000 to 54,000 a year. 102's AED 33,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026479,000
21 May 2026425,000
20 May 2026440,000
22 Nov 2025500,000
4 studio sales 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. 7 sold in the last 12 months.

Typical price per sqft
AED 1,206
Typical sale
AED 500K
Typical rent
AED 42K /yr
Typical yield
7.7%
MAG 565, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 565
Value
1011-bedAED 449K · Nov 2022
103StudioAED 375K · Jun 2018
1041-bedAED 420K · Jul 2018
1052-bedAED 479K · Apr 2023
1061-bedAED 436K · Dec 2017
107StudioAED 387K · May 2019
108StudioAED 296K · May 2018
1–7 of 21

102, MAG 565 in numbers

  • Sold once: by MAG on 9 January 2018 for AED 386,492, or AED 998 per sqft.
  • Rented since October 2020 on 6 Ejari contracts, from AED 19,000 to AED 33,500 a year.
  • At AED 33,500 a year the gross yield on the 2018 price is 8.7%, before a service charge of about AED 6,300 a year (AED 16.26 per sqft).
  • Studios in MAG 565 sold for AED 425,000–500,000 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 October 2025.

Questions about 102, MAG 565

What did unit 102 last sell for?

AED 386,492 on 9 January 2018, sold by the developer: AED 998 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 33,500 a year on the contract renewed on 8 October 2025. The previous contract, from October 2024, was AED 33,500; the unit has been rented since October 2020.

How big is unit 102?

387 sqft (36.0 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 102 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 425,000 to 500,000 in the last 12 months, around AED 1,195 per sqft.

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Mortgage on 102, MAG 565

Starts from the last sale price (AED 386K, 9 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 386,492
Deposit, UAE resident (20%)
AED 77,298
Deposit, non-resident (40%)
AED 154,597
Monthly over 25 years at 3.7%
AED 1,581

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →