Studio · 365 sqftMAG 565, Dubai South · 3rd floor · completed 2020

303, MAG 565

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

Unit 303 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 372K23 April 2020
Current rentAED 30K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, MAG 565

What is 303 worth today?

Last sold for AED 371,571 in 2020

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1 Sep 2026RentedRenewal
AED 30,000/yr12 months · AED 82 per sqft
1 Sep 2025RentedRenewal
AED 28,000/yr12 months · AED 77 per sqft
1 Sep 2024RentedRenewal
AED 26,250/yr12 months · AED 72 per sqft
1 Sep 2023RentedNew contract
AED 25,000/yr12 months · AED 68 per sqft
15 Aug 2022RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
1 Aug 2021RentedRenewal
AED 17,000/yr12 months · AED 48 per sqft
1 Aug 2020RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
23 Apr 2020Sold by developerReady
AED 371,571AED 1,017 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
3rd of 6
Parking
G-77
Developer
MAG
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 372K · April 2020
Building
MAG 565

About 303, MAG 565

303 is a studio of 365 sqft on the 3rd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 23 April 2020 for AED 371,571, or AED 1,017 per sqft, in line with the AED 1,000 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 30,000 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 5,900 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, April 2020: AED 371,571 (AED 1,017 per sqft)

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

Rents
Unit 303, 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, August 2020: AED 18,000 a yearRenewal, August 2021: AED 17,000 a yearNew contract, August 2022: AED 18,000 a yearNew contract, September 2023: AED 25,000 a yearRenewal, September 2024: AED 26,250 a yearRenewal, September 2025: AED 28,000 a yearRenewal, September 2026: AED 30,000 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 303 sits

All 66 studios →

303 last sold in April 2020 at AED 1,017 per sqft, in line with what studios in MAG 565 were fetching at the time (AED 1,000). 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. 303's AED 30,000 is at the bottom 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 3rd floor

All 132 units in MAG 565
Value
3011-bedAED 400K · Aug 2023
302StudioAED 390K · Jun 2018
3041-bedAED 625K · Nov 2025
3052-bedAED 530K · Sep 2018
3061-bedAED 435K · Sep 2018
307StudioAED 398K · Apr 2018
308StudioAED 425K · May 2026
1–7 of 21

303, MAG 565 in numbers

  • Sold once: by MAG on 23 April 2020 for AED 371,571, or AED 1,017 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 18,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2020 price is 8.1%, 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 September 2026.

Questions about 303, MAG 565

What did unit 303 last sell for?

AED 371,571 on 23 April 2020, sold by the developer: AED 1,017 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 30,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 28,000; the unit has been rented since August 2020.

How big is unit 303?

365 sqft (33.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 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 303, MAG 565

Starts from the last sale price (AED 372K, 23 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 371,571
Deposit, UAE resident (20%)
AED 74,314
Deposit, non-resident (40%)
AED 148,628
Monthly over 25 years at 3.7%
AED 1,520

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