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Studio · 437 sqftMAG 565, Dubai South · 3rd floor · completed 2020

317, MAG 565

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 317 · DLD and Ejari recordsUpdated 2 September 2026
Last soldAED 403K19 November 2017
Current rentAED 39K /yr2 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 317, MAG 565

What is 317 worth today?

Last sold for AED 403,150 in 2017

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2 Sep 2026RentedRenewal
AED 38,500/yr12 months · AED 88 per sqft
2 Sep 2025RentedRenewal
AED 38,500/yr12 months · AED 88 per sqft
2 Sep 2024RentedNew contract
AED 37,000/yr12 months · AED 85 per sqft
2 Sep 2023RentedNew contract
AED 30,000/yr12 months · AED 69 per sqft
1 Sep 2022RentedNew contract
AED 24,000/yr12 months · AED 55 per sqft
19 Nov 2017Sold by developerOff-plan
AED 403,150AED 922 per sqft

Source: Dubai Land Department. Updated 2 September 2026.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
3rd of 6
Parking
G-61
Developer
MAG
Completed
2020
Service charge
AED 7,100 /yr
Last sold
AED 403K · November 2017
Building
MAG 565

About 317, MAG 565

317 is a studio of 437 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 19 November 2017 for AED 403,150, or AED 922 per sqft, in line with the AED 924 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 2 September 2026, is AED 38,500 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 7,100 a year.

Sales and rents for 317 over time

Sales
Unit 317, 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, November 2017: AED 403,150 (AED 922 per sqft)

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

Rents
Unit 317, 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, September 2022: AED 24,000 a yearNew contract, September 2023: AED 30,000 a yearNew contract, September 2024: AED 37,000 a yearRenewal, September 2025: AED 38,500 a yearRenewal, September 2026: AED 38,500 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 317 sits

All 66 studios →

317 last sold in November 2017 at AED 922 per sqft, in line with what studios in MAG 565 were fetching at the time (AED 924). 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. 317's AED 38,500 is in the lower half 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
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

317, MAG 565 in numbers

  • Sold once: by MAG on 19 November 2017 for AED 403,150, or AED 922 per sqft.
  • Rented since September 2022 on 5 Ejari contracts, from AED 24,000 to AED 38,500 a year.
  • At AED 38,500 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 7,100 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 2 September 2026.

Questions about 317, MAG 565

What did unit 317 last sell for?

AED 403,150 on 19 November 2017, sold by the developer: AED 922 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 317?

AED 38,500 a year on the contract renewed on 2 September 2026. The previous contract, from September 2025, was AED 38,500; the unit has been rented since September 2022.

How big is unit 317?

437 sqft (40.6 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 317 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 317, MAG 565

Starts from the last sale price (AED 403K, 19 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 403,150
Deposit, UAE resident (20%)
AED 80,630
Deposit, non-resident (40%)
AED 161,260
Monthly over 25 years at 3.7%
AED 1,649

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