Studio · 347 sqftMAG 565, Dubai South · 2nd floor · completed 2020

208, MAG 565

Sold prices and rental history: sold 3 times, last in May 2026, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 28 October 2026
Last soldAED 440K20 May 2026
Current rentAED 37K /yr28 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, MAG 565

What is 208 worth today?

Last sold for AED 440,000 in 2026

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28 Oct 2026RentedNew contract
AED 37,000/yr12 months · AED 107 per sqft
20 May 2026SoldReady
AED 440,000AED 1,266 per sqft
28 May 2025RentedNew contract
AED 38,000/yr12 months · AED 109 per sqft
29 May 2023SoldReady
AED 300,000AED 863 per sqft
13 Oct 2019Sold by developerOff-plan
AED 358,200AED 1,031 per sqft

Source: Dubai Land Department. Updated 28 October 2026.

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 440K · May 2026
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 20 May 2026 for AED 440,000, or AED 1,266 per sqft, 12% above the AED 1,129 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 28 October 2026, is AED 37,000 a year: a gross yield of 8.4% on the 2026 price, before the service charge of about AED 5,600 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, October 2019: AED 358,200 (AED 1,031 per sqft)Sold, May 2023: AED 300,000 (AED 863 per sqft)Sold, May 2026: AED 440,000 (AED 1,266 per sqft)

208 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 208, 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, May 2025: AED 38,000 a yearNew contract, October 2026: AED 37,000 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 208 sits

All 66 studios →

208 last sold in May 2026 at AED 1,266 per sqft, 12% above what studios in MAG 565 were fetching at the time (AED 1,129). 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. 208's AED 37,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Oct 2026479,000
21 May 2026425,000
22 Nov 2025500,000
30 Sep 2025462,500
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 2nd floor

All 132 units in MAG 565
Value
2011-bedAED 458K · Jan 2022
202StudioAED 250K · Jul 2020
203StudioAED 323K · Feb 2024
2041-bedAED 500K · Aug 2024
2052-bedAED 497K · Sep 2019
2061-bedAED 436K · Jun 2018
207StudioAED 250K · Jul 2020
1–7 of 21

208, MAG 565 in numbers

  • Sold 3 times: first on 13 October 2019 for AED 358,200, last on 20 May 2026 for AED 440,000 (AED 1,266 per sqft).
  • Rented since May 2025 on 2 Ejari contracts, from AED 38,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2026 price is 8.4%, before a service charge of about AED 5,600 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 28 October 2026.

Questions about 208, MAG 565

What did unit 208 last sell for?

AED 440,000 on 20 May 2026: AED 1,266 per sqft for 347 sqft. The unit has 3 registered sales; the first was AED 358,200 in October 2019.

What is the rent for unit 208?

AED 37,000 a year on the contract signed on 28 October 2026. The previous contract, from May 2025, was AED 38,000.

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

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Mortgage on 208, MAG 565

Starts from the last sale price (AED 440K, 20 May 2026). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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