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Studio · 383 sqftMAG 565, Dubai South · 1st floor · completed 2020

114, MAG 565

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

Unit 114 · DLD and Ejari recordsUpdated 12 September 2026
Last soldAED 430K30 June 2025
Current rentAED 36K /yr12 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, MAG 565

What is 114 worth today?

Last sold for AED 430,000 in 2025

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12 Sep 2026RentedNew contract
AED 36,000/yr12 months · AED 93 per sqft
16 Aug 2025RentedNew contract
AED 39,000/yr12 months · AED 101 per sqft
30 Jun 2025SoldReady
AED 430,000AED 1,124 per sqft
1 Jun 2024RentedNew contract
AED 35,000/yr12 months · AED 91 per sqft
20 Apr 2021RentedNew contract
AED 16,000/yr12 months · AED 42 per sqft
21 Nov 2017Sold by developerOff-plan
AED 387,000AED 1,011 per sqft

Source: Dubai Land Department. Updated 12 September 2026.

Key facts

Type
Studio apartment
Size
383 sqft
Floor
1st of 6
Parking
G-14
Developer
MAG
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 430K · June 2025
Building
MAG 565

About 114, MAG 565

114 is a studio of 383 sqft on the 1st floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 30 June 2025 for AED 430,000, or AED 1,124 per sqft, 6% above the AED 1,062 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 12 September 2026, is AED 36,000 a year: a gross yield of 8.4% on the 2025 price, before the service charge of about AED 6,200 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, November 2017: AED 387,000 (AED 1,011 per sqft)Sold, June 2025: AED 430,000 (AED 1,124 per sqft)

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

Rents
Unit 114, each contractTypical studio in MAG 565
20K40K2020202220242026Typical 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, April 2021: AED 16,000 a yearNew contract, June 2024: AED 35,000 a yearNew contract, August 2025: AED 39,000 a yearNew contract, September 2026: AED 36,000 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 114 sits

All 66 studios →

114 last sold in June 2025 at AED 1,124 per sqft, 6% above what studios in MAG 565 were fetching at the time (AED 1,062). 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. 114's AED 36,000 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
102StudioAED 386K · Jan 2018
103StudioAED 375K · Jun 2018
1041-bedAED 420K · Jul 2018
1052-bedAED 479K · Apr 2023
1061-bedAED 436K · Dec 2017
107StudioAED 387K · May 2019
1–7 of 21

114, MAG 565 in numbers

  • Sold twice: first on 21 November 2017 for AED 387,000, last on 30 June 2025 for AED 430,000 (AED 1,124 per sqft).
  • Rented since April 2021 on 4 Ejari contracts, from AED 16,000 to AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2025 price is 8.4%, before a service charge of about AED 6,200 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 12 September 2026.

Questions about 114, MAG 565

What did unit 114 last sell for?

AED 430,000 on 30 June 2025: AED 1,124 per sqft for 383 sqft. The unit has 2 registered sales; the first was AED 387,000 in November 2017.

What is the rent for unit 114?

AED 36,000 a year on the contract signed on 12 September 2026. The previous contract, from August 2025, was AED 39,000; the unit has been rented since April 2021.

How big is unit 114?

383 sqft (35.6 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 114 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 114, MAG 565

Starts from the last sale price (AED 430K, 30 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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