308, MAG 565
Sold prices and rental history: sold twice, last in May 2026, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, MAG 565
What is 308 worth today?
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Source: Dubai Land Department. Updated 21 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 347 sqft
- Floor
- 3rd of 6
- Parking
- G-52
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,600 /yr
- Last sold
- AED 425K · May 2026
- Building
- MAG 565
About 308, MAG 565
308 is a studio of 347 sqft on the 3rd floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 21 May 2026 for AED 425,000, or AED 1,223 per sqft, 8% above the AED 1,134 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 31 December 2025, is AED 35,000 a year: a gross yield of 8.2% on the 2026 price, before the service charge of about AED 5,600 a year.
Sales and rents for 308 over time
308 has sold twice; 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 308 sits
All 66 studios →308 last sold in May 2026 at AED 1,223 per sqft, 8% above what studios in MAG 565 were fetching at the time (AED 1,134). 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. 308's AED 35,000 is in the lower 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 | ||
| 20 May 202620 May 2026 | 347 sqft | 440,000 | 1,266 | ||
| 22 Nov 202522 November 2025 | 437 sqft | 500,000 | 1,144 | ||
| 30 Sep 202530 September 2025 | 389 sqft | 462,500 | 1,188 |
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 | |
| 307 | Studio | 387 sqft | AED 398KAED 398,000 · Apr 2018April 2018 | 21,500 /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 |
308, MAG 565 in numbers
- Sold twice: first on 14 February 2018 for AED 358,000, last on 21 May 2026 for AED 425,000 (AED 1,223 per sqft).
- Rented since December 2021 on 6 Ejari contracts, from AED 19,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2026 price is 8.2%, before a service charge of about AED 5,600 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 21 May 2026.
Questions about 308, MAG 565
What did unit 308 last sell for?
AED 425,000 on 21 May 2026: AED 1,223 per sqft for 347 sqft. The unit has 2 registered sales; the first was AED 358,000 in February 2018.
What is the rent for unit 308?
AED 35,000 a year on the contract signed on 31 December 2025. The previous contract, from January 2025, was AED 30,081; the unit has been rented since December 2021.
How big is unit 308?
347 sqft (32.2 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 308 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 308, MAG 565
Starts from the last sale price (AED 425K, 21 May 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →