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Studio · 383 sqftMAG 565, Dubai South · 2nd floor · completed 2020

214, MAG 565

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 21 August 2026
Last soldAED 425K28 May 2025
Current rentAED 40K /yr21 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 214, MAG 565

What is 214 worth today?

Last sold for AED 425,000 in 2025

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21 Aug 2026RentedRenewal
AED 40,000/yr12 months · AED 106 per sqft
21 Aug 2025RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
28 May 2025SoldReady
AED 425,000AED 1,110 per sqft
14 Aug 2024RentedNew contract
AED 36,000/yr12 months · AED 94 per sqft
18 Jul 2024SoldReady
AED 370,000AED 967 per sqft
11 Jul 2020RentedNew contract
AED 17,000/yr12 months · AED 44 per sqft
16 Aug 2018Sold by developerOff-plan
AED 356,000AED 930 per sqft

Source: Dubai Land Department. Updated 21 August 2026.

Key facts

Type
Studio apartment
Size
383 sqft
Floor
2nd of 6
Parking
G-36
Developer
MAG
Completed
2020
Service charge
AED 6,200 /yr
Last sold
AED 425K · May 2025
Building
MAG 565

About 214, MAG 565

214 is a studio of 383 sqft on the 2nd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 28 May 2025 for AED 425,000, or AED 1,110 per sqft, 9% above the AED 1,020 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 21 August 2026, is AED 40,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 6,200 a year.

Sales and rents for 214 over time

Sales
Unit 214, 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, August 2018: AED 356,000 (AED 930 per sqft)Sold, July 2024: AED 370,000 (AED 967 per sqft)Sold, May 2025: AED 425,000 (AED 1,110 per sqft)

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

Rents
Unit 214, 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, July 2020: AED 17,000 a yearNew contract, August 2024: AED 36,000 a yearNew contract, August 2025: AED 40,000 a yearRenewal, August 2026: AED 40,000 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 214 sits

All 66 studios →

214 last sold in May 2025 at AED 1,110 per sqft, 9% above what studios in MAG 565 were fetching at the time (AED 1,020). 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. 214's AED 40,000 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 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

214, MAG 565 in numbers

  • Sold 3 times: first on 16 August 2018 for AED 356,000, last on 28 May 2025 for AED 425,000 (AED 1,110 per sqft).
  • Rented since July 2020 on 4 Ejari contracts, from AED 17,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2025 price is 9.4%, 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 21 August 2026.

Questions about 214, MAG 565

What did unit 214 last sell for?

AED 425,000 on 28 May 2025: AED 1,110 per sqft for 383 sqft. The unit has 3 registered sales; the first was AED 356,000 in August 2018.

What is the rent for unit 214?

AED 40,000 a year on the contract renewed on 21 August 2026. The previous contract, from August 2025, was AED 40,000; the unit has been rented since July 2020.

How big is unit 214?

383 sqft (35.6 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 214 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 214, MAG 565

Starts from the last sale price (AED 425K, 28 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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