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Studio · 410 sqftMAG 565, Dubai South · 2nd floor · completed 2020

215, MAG 565

Sold prices and rental history: sold 4 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 215 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 465K20 May 2025
Current rentAED 44K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, MAG 565

What is 215 worth today?

Last sold for AED 465,000 in 2025

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1 Jun 2026RentedRenewal
AED 44,000/yr12 months · AED 107 per sqft
1 Jun 2025RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
1 Jun 2025RentedNew contract
AED 44,000/yr12 months · AED 107 per sqft
20 May 2025SoldReady
AED 465,000AED 1,134 per sqft
18 Feb 2025RentedNew contract
AED 56,400/yr12 months · AED 138 per sqft
18 Feb 2025RentedNew contract
AED 56,400/yr12 months · AED 138 per sqft
1 Feb 2024RentedNew contract
AED 39,000/yr12 months · AED 95 per sqft
3 May 2023SoldReady
AED 265,000AED 646 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
2nd of 6
Parking
G-37
Developer
MAG
Completed
2020
Service charge
AED 6,700 /yr
Last sold
AED 465K · May 2025
Building
MAG 565

About 215, MAG 565

215 is a studio of 410 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 2025 for AED 465,000, or AED 1,134 per sqft, 15% above the AED 988 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 44,000 a year: a gross yield of 9.5% on the 2025 price, before the service charge of about AED 6,700 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical studio in MAG 565
200K400K2017202020232026Typical 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, December 2017: AED 410,258 (AED 1,001 per sqft)Sold, June 2020: AED 200,000 (AED 488 per sqft)Sold, May 2023: AED 265,000 (AED 646 per sqft)Sold, May 2025: AED 465,000 (AED 1,134 per sqft)

215 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 215, each contractTypical studio in MAG 565
20K40K60K2020202220242026Typical 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 2021: AED 18,000 a yearRenewal, August 2022: AED 21,000 a yearNew contract, February 2024: AED 39,000 a yearNew contract, February 2025: AED 56,400 a yearNew contract, February 2025: AED 56,400 a yearNew contract, June 2025: AED 44,000 a yearNew contract, June 2025: AED 44,000 a yearRenewal, June 2026: AED 44,000 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 215 sits

All 66 studios →

215 last sold in May 2025 at AED 1,134 per sqft, 15% above what studios in MAG 565 were fetching at the time (AED 988). 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. 215's AED 44,000 is in the upper 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

215, MAG 565 in numbers

  • Sold 4 times: first on 26 December 2017 for AED 410,258, last on 20 May 2025 for AED 465,000 (AED 1,134 per sqft).
  • Rented since July 2020 on 9 Ejari contracts, from AED 17,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2025 price is 9.5%, before a service charge of about AED 6,700 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 1 June 2026.

Questions about 215, MAG 565

What did unit 215 last sell for?

AED 465,000 on 20 May 2025: AED 1,134 per sqft for 410 sqft. The unit has 4 registered sales; the first was AED 410,258 in December 2017.

What is the rent for unit 215?

AED 44,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 44,000; the unit has been rented since July 2020.

How big is unit 215?

410 sqft (38.1 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 215 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 215, MAG 565

Starts from the last sale price (AED 465K, 20 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 465,000
Deposit, UAE resident (20%)
AED 93,000
Deposit, non-resident (40%)
AED 186,000
Monthly over 25 years at 3.7%
AED 1,902

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