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Studio · 360 sqftMAG 565, Dubai South · 2nd floor · completed 2020

222, MAG 565

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 222 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 290K19 October 2017
Current rentAED 38K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 222, MAG 565

What is 222 worth today?

Last sold for AED 290,000 in 2017

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1 Oct 2026RentedNew contract
AED 38,000/yr12 months · AED 107 per sqft
8 Oct 2025RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
10 Nov 2024RentedRenewal
AED 38,000/yr12 months · AED 106 per sqft
10 Nov 2023RentedNew contract
AED 34,000/yr12 months · AED 94 per sqft
10 Dec 2021RentedRenewal
AED 19,000/yr12 months · AED 53 per sqft
10 Dec 2020RentedNew contract
AED 17,000/yr12 months · AED 47 per sqft
19 Oct 2017Sold by developerOff-plan
AED 290,000AED 805 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
2nd of 6
Parking
G-116
Developer
MAG
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 290K · October 2017
Building
MAG 565

About 222, MAG 565

222 is a studio of 360 sqft on the 2nd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 19 October 2017 for AED 290,000, or AED 805 per sqft.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 October 2026, is AED 38,000 a year: a gross yield of 13.1% on the 2017 price, before the service charge of about AED 5,900 a year.

Sales and rents for 222 over time

Sales
Unit 222, 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 2017: AED 290,000 (AED 805 per sqft)

222 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 222, 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, December 2020: AED 17,000 a yearRenewal, December 2021: AED 19,000 a yearNew contract, November 2023: AED 34,000 a yearRenewal, November 2024: AED 38,000 a yearNew contract, October 2025: AED 40,000 a yearNew contract, October 2026: AED 38,000 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 222 sits

All 66 studios →

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. 222's AED 38,000 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

222, MAG 565 in numbers

  • Sold once: by MAG on 19 October 2017 for AED 290,000, or AED 805 per sqft.
  • Rented since December 2020 on 6 Ejari contracts, from AED 17,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2017 price is 13.1%, before a service charge of about AED 5,900 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 October 2026.

Questions about 222, MAG 565

What did unit 222 last sell for?

AED 290,000 on 19 October 2017, sold by the developer: AED 805 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 222?

AED 38,000 a year on the contract signed on 1 October 2026. The previous contract, from October 2025, was AED 40,000; the unit has been rented since December 2020.

How big is unit 222?

360 sqft (33.4 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 222 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 222, MAG 565

Starts from the last sale price (AED 290K, 19 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 290,000
Deposit, UAE resident (20%)
AED 58,000
Deposit, non-resident (40%)
AED 116,000
Monthly over 25 years at 3.7%
AED 1,186

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