307, MAG 565
Sold prices and rental history: sold once, by the developer in April 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 307, MAG 565
What is 307 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 September 2022.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 3rd of 6
- Parking
- G-51
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,300 /yr
- Last sold
- AED 398K · April 2018
- Building
- MAG 565
About 307, MAG 565
307 is a studio of 387 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 4 April 2018 for AED 398,000, or AED 1,028 per sqft, in line with the AED 1,000 studios in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 September 2022, is AED 21,500 a year: a gross yield of 5.4% on the 2018 price, before the service charge of about AED 6,300 a year.
Sales and rents for 307 over time
307 has sold once; 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 307 sits
All 66 studios →307 last sold in April 2018 at AED 1,028 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. 307's AED 21,500 is at the bottom 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 3rd floor
All 132 units in MAG 565| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | 45,000 /yr | |
| 302 | Studio | 387 sqft | AED 390KAED 390,285 · Jun 2018June 2018 | 39,000 /yr | |
| 303 | Studio | 365 sqft | AED 372KAED 371,571 · Apr 2020April 2020 | 30,000 /yr | |
| 304 | 1-bed | 481 sqft | AED 625KAED 625,000 · Nov 2025November 2025 | 50,000 /yr | |
| 305 | 2-bed | 670 sqft | AED 530KAED 530,000 · Sep 2018September 2018 | 44,160 /yr | |
| 306 | 1-bed | 483 sqft | AED 435KAED 435,000 · Sep 2018September 2018 | 46,000 /yr | |
| 308 | Studio | 347 sqft | AED 425KAED 425,000 · May 2026May 2026 | 35,000 /yr | |
| 309 | 1-bed | 481 sqft | AED 420KAED 420,000 · Feb 2020February 2020 | 27,000 /yr | |
| 310 | 2-bed | 668 sqft | AED 725KAED 725,000 · Aug 2026August 2026 | 39,100 /yr | |
| 311 | 1-bed | 483 sqft | AED 436KAED 436,000 · Feb 2018February 2018 | 45,000 /yr | |
| 312 | 2-bed | 913 sqft | AED 750KAED 750,000 · Oct 2022October 2022 | 54,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 460KAED 460,000 · Jan 2024January 2024 | 46,000 /yr | |
| 314 | Studio | 383 sqft | AED 394KAED 393,500 · May 2018May 2018 | 34,000 /yr | |
| 315 | Studio | 410 sqft | AED 359KAED 358,950 · May 2019May 2019 | 33,500 /yr | |
| 316 | Studio | 410 sqft | AED 450KAED 450,000 · Apr 2025April 2025 | 42,000 /yr | |
| 317 | Studio | 437 sqft | AED 403KAED 403,150 · Nov 2017November 2017 | 38,500 /yr | |
| 318 | Studio | 437 sqft | AED 460KAED 460,000 · May 2025May 2025 | 45,000 /yr | |
| 319 | 1-bed | 514 sqft | AED 488KAED 488,300 · Oct 2017October 2017 | 41,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 458KAED 458,000 · Jun 2018June 2018 | 48,000 /yr | |
| 321 | Studio | 360 sqft | AED 374KAED 373,800 · May 2019May 2019 | 37,000 /yr | |
| 322 | Studio | 360 sqft | AED 374KAED 373,800 · Mar 2019March 2019 | 23,000 /yr |
307, MAG 565 in numbers
- Sold once: by MAG on 4 April 2018 for AED 398,000, or AED 1,028 per sqft.
- Rented since September 2021 on 2 Ejari contracts, from AED 16,000 to AED 21,500 a year.
- At AED 21,500 a year the gross yield on the 2018 price is 5.4%, before a service charge of about AED 6,300 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 25 September 2022.
Questions about 307, MAG 565
What did unit 307 last sell for?
AED 398,000 on 4 April 2018, sold by the developer: AED 1,028 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 307?
AED 21,500 a year on the contract signed on 25 September 2022. The previous contract, from September 2021, was AED 16,000.
How big is unit 307?
387 sqft (36.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 307 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.
Selling 307? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 307, MAG 565
Starts from the last sale price (AED 398K, 4 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 398,000
- Deposit, UAE resident (20%)
- AED 79,600
- Deposit, non-resident (40%)
- AED 159,200
- Monthly over 25 years at 3.7%
- AED 1,628
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →