218, MAG 565
Sold prices and rental history: sold 3 times, last in December 2024, and rented once, from December 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 218, MAG 565
What is 218 worth today?
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Source: Dubai Land Department. Updated 6 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 2nd of 6
- Parking
- G-40
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,100 /yr
- Last sold
- AED 430K · December 2024
- Building
- MAG 565
About 218, MAG 565
218 is a studio of 437 sqft on the 2nd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 6 December 2024 for AED 430,000, or AED 984 per sqft, 8% above the AED 914 studios in the building were fetching at the time.
One Ejari contract is registered, from 6 December 2025. The current contract, renewed on 6 December 2025, is AED 45,000 a year: a gross yield of 10.5% on the 2024 price, before the service charge of about AED 7,100 a year.
Sales and rents for 218 over time
218 has sold 3 times; the dashed line is the studio median of each year in the building.
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 218 sits
All 66 studios →218 last sold in December 2024 at AED 984 per sqft, 8% above what studios in MAG 565 were fetching at the time (AED 914). 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. 218's AED 45,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 410 sqft | 479,000 | 1,167 | ||
| 21 May 202621 May 2026 | 347 sqft | 425,000 | 1,223 | ||
| 20 May 202620 May 2026 | 347 sqft | 440,000 | 1,266 | ||
| 22 Nov 202522 November 2025 | 437 sqft | 500,000 | 1,144 |
MAG 565
Building132 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%
Other units on the 2nd floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 458KAED 458,340 · Jan 2022January 2022 | 60,000 /yr | |
| 202 | Studio | 387 sqft | AED 250KAED 250,000 · Jul 2020July 2020 | 36,000 /yr | |
| 203 | Studio | 365 sqft | AED 323KAED 323,000 · Feb 2024February 2024 | 38,000 /yr | |
| 204 | 1-bed | 481 sqft | AED 500KAED 500,000 · Aug 2024August 2024 | 45,000 /yr | |
| 205 | 2-bed | 670 sqft | AED 497KAED 497,000 · Sep 2019September 2019 | 60,000 /yr | |
| 206 | 1-bed | 483 sqft | AED 436KAED 436,000 · Jun 2018June 2018 | 55,000 /yr | |
| 207 | Studio | 387 sqft | AED 250KAED 250,000 · Jul 2020July 2020 | 39,000 /yr | |
| 208 | Studio | 347 sqft | AED 440KAED 440,000 · May 2026May 2026 | 37,000 /yr | |
| 209 | 1-bed | 481 sqft | AED 446KAED 446,000 · Apr 2018April 2018 | 45,000 /yr | |
| 210 | 2-bed | 668 sqft | AED 497KAED 497,000 · Jun 2020June 2020 | 55,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 436KAED 436,000 · May 2018May 2018 | 48,000 /yr | |
| 212 | 2-bed | 913 sqft | AED 650KAED 650,054 · Apr 2023April 2023 | 48,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 449KAED 449,000 · Oct 2022October 2022 | 48,000 /yr | |
| 214 | Studio | 383 sqft | AED 425KAED 425,000 · May 2025May 2025 | 40,000 /yr | |
| 215 | Studio | 410 sqft | AED 465KAED 465,000 · May 2025May 2025 | 44,000 /yr | |
| 216 | Studio | 410 sqft | AED 379KAED 379,000 · Sep 2019September 2019 | 40,000 /yr | |
| 217 | Studio | 437 sqft | AED 384KAED 383,500 · Sep 2018September 2018 | 39,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 458KAED 458,000 · Jun 2018June 2018 | 48,000 /yr | |
| 220 | 1-bed | 514 sqft | AED 458KAED 458,000 · Jun 2018June 2018 | 48,000 /yr | |
| 221 | Studio | 360 sqft | AED 300KAED 300,000 · Mar 2024March 2024 | 36,000 /yr | |
| 222 | Studio | 360 sqft | AED 290KAED 290,000 · Oct 2017October 2017 | 38,000 /yr |
218, MAG 565 in numbers
- Sold 3 times: first on 3 September 2018 for AED 383,000, last on 6 December 2024 for AED 430,000 (AED 984 per sqft).
- Rented since December 2025 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 10.5%, before a service charge of about AED 7,100 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 6 December 2025.
Questions about 218, MAG 565
What did unit 218 last sell for?
AED 430,000 on 6 December 2024: AED 984 per sqft for 437 sqft. The unit has 3 registered sales; the first was AED 383,000 in September 2018.
What is the rent for unit 218?
AED 45,000 a year on the contract renewed on 6 December 2025.
How big is unit 218?
437 sqft (40.6 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 218 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 218, MAG 565
Starts from the last sale price (AED 430K, 6 December 2024). 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 →