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1-bed · 483 sqftMAG 565, Dubai South · 3rd floor · completed 2020

311, MAG 565

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311 · DLD and Ejari recordsUpdated 26 April 2026
Last soldAED 436K13 February 2018
Current rentAED 45K /yr26 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, MAG 565

What is 311 worth today?

Last sold for AED 436,000 in 2018

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26 Apr 2026RentedRenewal
AED 45,000/yr12 months · AED 93 per sqft
26 Apr 2026RentedRenewal
AED 45,000/yr12 months · AED 95 per sqft
26 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
15 Jun 2024RentedNew contract
AED 38,667/yr9 months · AED 80 per sqft
15 Jun 2022RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
16 Oct 2021RentedNew contract
AED 26,000/yr6 months · AED 54 per sqft
5 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
13 Feb 2018Sold by developerOff-plan
AED 436,000AED 902 per sqft

Source: Dubai Land Department. Updated 26 April 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
3rd of 6
Parking
G-32
Developer
MAG
Completed
2020
Service charge
AED 7,900 /yr
Last sold
AED 436K · February 2018
Building
MAG 565

About 311, MAG 565

311 is a one-bedroom apartment of 483 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 13 February 2018 for AED 436,000, or AED 902 per sqft, in line with the AED 902 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 26 April 2026, is AED 45,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 7,900 a year.

Sales and rents for 311 over time

Sales
Unit 311, each saleTypical one-bed in MAG 565
400K500K600K2017202020232026Typical sale price by year: 2017 AED 428,000; 2018 AED 436,000; 2019 AED 502,327; 2021 AED 377,530; 2022 AED 449,000; 2024 AED 455,000; 2025 AED 580,000Sold by developer, February 2018: AED 436,000 (AED 902 per sqft)

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

Rents
Unit 311, each contractTypical one-bed in MAG 565
20K40K2020202220242026Typical rent by year: 2020 AED 23,945; 2021 AED 24,000; 2022 AED 26,000; 2023 AED 33,250; 2024 AED 40,500; 2025 AED 45,500; 2026 AED 48,000New contract, September 2020: AED 22,000 a yearNew contract, October 2021: AED 26,000 a yearNew contract, June 2022: AED 25,000 a yearNew contract, June 2024: AED 38,667 a yearNew contract, April 2025: AED 45,000 a yearRenewal, April 2026: AED 45,000 a yearRenewal, April 2026: AED 45,000 a year

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

1-beds in MAG 565, and where 311 sits

All 48 1-beds →

311 last sold in February 2018 at AED 902 per sqft, in line with what one-beds in MAG 565 were fetching at the time (AED 902). Over the last 12 months one-beds sold for AED 620,000 to 625,000, around AED 1,253 per sqft, and rent for AED 33,396 to 60,000 a year. 311's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 2026620,000
12 Nov 2025625,000
31 Jul 2025580,000
31 Jul 2025695,000
2 1-bed 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
303StudioAED 372K · Apr 2020
3041-bedAED 625K · Nov 2025
3052-bedAED 530K · Sep 2018
3061-bedAED 435K · Sep 2018
307StudioAED 398K · Apr 2018
1–7 of 21

311, MAG 565 in numbers

  • Sold once: by MAG on 13 February 2018 for AED 436,000, or AED 902 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 22,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 7,900 a year (AED 16.26 per sqft).
  • One-beds in MAG 565 sold for AED 620,000–625,000 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 26 April 2026.

Questions about 311, MAG 565

What did unit 311 last sell for?

AED 436,000 on 13 February 2018, sold by the developer: AED 902 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 45,000 a year on the contract renewed on 26 April 2026. The previous contract, from April 2026, was AED 45,000; the unit has been rented since September 2020.

How big is unit 311?

483 sqft (44.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 565 sold for AED 620,000 to 625,000 in the last 12 months, around AED 1,253 per sqft.

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Mortgage on 311, MAG 565

Starts from the last sale price (AED 436K, 13 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 436,000
Deposit, UAE resident (20%)
AED 87,200
Deposit, non-resident (40%)
AED 174,400
Monthly over 25 years at 3.7%
AED 1,784

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