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2-bed · 670 sqftMAG 565, Dubai South · 3rd floor · completed 2020

305, MAG 565

Sold prices and rental history: sold once, by the developer in September 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 22 September 2025
Last soldAED 530K18 September 2018
Current rentAED 44K /yr22 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, MAG 565

What is 305 worth today?

Last sold for AED 530,000 in 2018

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22 Sep 2025RentedRenewal
AED 44,160/yr12 months · AED 66 per sqft
22 Sep 2024RentedRenewal
AED 44,160/yr12 months · AED 66 per sqft
22 Sep 2022RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
15 Jan 2022RentedRenewal
AED 30,000/yr12 months · AED 45 per sqft
15 Jan 2021RentedNew contract
AED 27,500/yr12 months · AED 41 per sqft
18 Sep 2018Sold by developerOff-plan
AED 530,000AED 791 per sqft

Source: Dubai Land Department. Updated 22 September 2025.

Key facts

Type
2-bed apartment
Size
670 sqft
Floor
3rd of 6
Parking
G-49
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 530K · September 2018
Building
MAG 565

About 305, MAG 565

305 is a two-bedroom apartment of 670 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 18 September 2018 for AED 530,000, or AED 791 per sqft, in line with the AED 806 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 22 September 2025, is AED 44,160 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 10,900 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in MAG 565
600K2018202020222024Typical sale price by year: 2018 AED 688,548; 2019 AED 497,000; 2020 AED 497,000; 2022 AED 750,000; 2023 AED 530,000Sold by developer, September 2018: AED 530,000 (AED 791 per sqft)

305 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 305, each contractTypical two-bed in MAG 565
40K2020202220242026Typical rent by year: 2020 AED 35,000; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 42,000; 2024 AED 44,160; 2025 AED 49,500; 2026 AED 50,750New contract, January 2021: AED 27,500 a yearRenewal, January 2022: AED 30,000 a yearNew contract, September 2022: AED 32,000 a yearRenewal, September 2024: AED 44,160 a yearRenewal, September 2025: AED 44,160 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 565, and where 305 sits

All 18 2-beds →

305 last sold in September 2018 at AED 791 per sqft, in line with what two-beds in MAG 565 were fetching at the time (AED 806). Over the last 12 months two-beds sold for AED 725,000, around AED 1,084 per sqft, and rent for AED 45,000 to 60,000 a year. 305's AED 44,160 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Aug 2026725,000
4 Apr 2025720,000
3 Jun 2024640,000
20 Jun 2023530,000
1 2-bed sale 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
303StudioAED 372K · Apr 2020
3041-bedAED 625K · Nov 2025
3061-bedAED 435K · Sep 2018
307StudioAED 398K · Apr 2018
308StudioAED 425K · May 2026
1–7 of 21

305, MAG 565 in numbers

  • Sold once: by MAG on 18 September 2018 for AED 530,000, or AED 791 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 27,500 to AED 44,160 a year.
  • At AED 44,160 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 10,900 a year (AED 16.26 per sqft).
  • Two-beds in MAG 565 sold for AED 725,000–725,000 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 22 September 2025.

Questions about 305, MAG 565

What did unit 305 last sell for?

AED 530,000 on 18 September 2018, sold by the developer: AED 791 per sqft for 670 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 44,160 a year on the contract renewed on 22 September 2025. The previous contract, from September 2024, was AED 44,160; the unit has been rented since January 2021.

How big is unit 305?

670 sqft (62.2 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 565 sold for AED 725,000 to 725,000 in the last 12 months, around AED 1,084 per sqft.

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Mortgage on 305, MAG 565

Starts from the last sale price (AED 530K, 18 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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