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Studio · 365 sqftMAG 565, Dubai South · 5th floor · completed 2020

503, MAG 565

Sold prices and rental history: sold twice, last in November 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 11 December 2025
Last soldAED 330K8 November 2023
Current rentAED 38K /yr11 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, MAG 565

What is 503 worth today?

Last sold for AED 330,000 in 2023

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11 Dec 2025RentedRenewal
AED 37,800/yr12 months · AED 104 per sqft
11 Dec 2024RentedRenewal
AED 36,000/yr12 months · AED 99 per sqft
11 Dec 2024RentedRenewal
AED 36,000/yr12 months · AED 99 per sqft
8 Nov 2023SoldReady
AED 330,000AED 904 per sqft
30 Oct 2017Sold by developerOff-plan
AED 337,758AED 925 per sqft

Source: Dubai Land Department. Updated 11 December 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
5th of 6
Parking
G-91
Developer
MAG
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 330K · November 2023
Building
MAG 565

About 503, MAG 565

503 is a studio of 365 sqft on the 5th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 8 November 2023 for AED 330,000, or AED 904 per sqft, 19% above the AED 758 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 11 December 2025, is AED 37,800 a year: a gross yield of 11.5% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, October 2017: AED 337,758 (AED 925 per sqft)Sold, November 2023: AED 330,000 (AED 904 per sqft)

503 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 503, 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 37,500Renewal, December 2024: AED 36,000 a yearRenewal, December 2024: AED 36,000 a yearRenewal, December 2025: AED 37,800 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 503 sits

All 66 studios →

503 last sold in November 2023 at AED 904 per sqft, 19% above what studios in MAG 565 were fetching at the time (AED 758). 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. 503's AED 37,800 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 5th floor

All 132 units in MAG 565
Value
5011-bedAED 502K · Mar 2019
502StudioAED 250K · Jul 2020
5041-bedAED 437K · Nov 2019
5052-bedAED 562K · Jul 2018
5061-bedAED 425K · May 2018
507StudioAED 446K · Mar 2025
508StudioAED 320K · May 2018
1–7 of 21

503, MAG 565 in numbers

  • Sold twice: first on 30 October 2017 for AED 337,758, last on 8 November 2023 for AED 330,000 (AED 904 per sqft).
  • Rented since December 2024 on 3 Ejari contracts, from AED 36,000 to AED 37,800 a year.
  • At AED 37,800 a year the gross yield on the 2023 price is 11.5%, before a service charge of about AED 5,900 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 11 December 2025.

Questions about 503, MAG 565

What did unit 503 last sell for?

AED 330,000 on 8 November 2023: AED 904 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 337,758 in October 2017.

What is the rent for unit 503?

AED 37,800 a year on the contract renewed on 11 December 2025. The previous contract, from December 2024, was AED 36,000; the unit has been rented since December 2024.

How big is unit 503?

365 sqft (33.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 503 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 503, MAG 565

Starts from the last sale price (AED 330K, 8 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

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