Studio · 349 sqftMAG 565, Dubai South · 6th floor · completed 2020

608, MAG 565

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 298K12 September 2021
Current rentAED 43K /yr1 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, MAG 565

What is 608 worth today?

Last sold for AED 297,800 in 2021

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1 Sep 2025RentedNew contract
AED 43,000/yr12 months · AED 125 per sqft
12 Sep 2021Sold by developerOff-plan
AED 297,800AED 853 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
Studio apartment
Size
349 sqft
Floor
6th of 6
Parking
G-118
Developer
MAG
Completed
2020
Service charge
AED 5,700 /yr
Last sold
AED 298K · September 2021
Building
MAG 565

About 608, MAG 565

608 is a studio of 349 sqft on the 6th floor of MAG 565, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 12 September 2021 for AED 297,800, or AED 853 per sqft, in line with the AED 853 studios in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2025. The current contract, signed on 1 September 2025, is AED 43,000 a year: a gross yield of 14.4% on the 2021 price, before the service charge of about AED 5,700 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, September 2021: AED 297,800 (AED 853 per sqft)

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

Rents
Unit 608, each contractTypical studio in MAG 565
20K40K2020202220242026Typical 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 2025: AED 43,000 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 608 sits

All 66 studios →

608 last sold in September 2021 at AED 853 per sqft, in line with what studios in MAG 565 were fetching at the time (AED 853). 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. 608's AED 43,000 is in the upper 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 6th floor

All 132 units in MAG 565
Value
6011-bedAED 447K · Jul 2021
602StudioAED 250K · Sep 2020
603StudioAED 270K · Sep 2022
6041-bedAED 437K · Nov 2019
6052-bedAED 530K · Jun 2023
6061-bedAED 425K · Feb 2018
607StudioAED 463K · Sep 2025
1–7 of 21

608, MAG 565 in numbers

  • Sold once: by MAG on 12 September 2021 for AED 297,800, or AED 853 per sqft.
  • Rented since September 2025 on one Ejari contract, at AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2021 price is 14.4%, before a service charge of about AED 5,700 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 1 September 2025.

Questions about 608, MAG 565

What did unit 608 last sell for?

AED 297,800 on 12 September 2021, sold by the developer: AED 853 per sqft for 349 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 43,000 a year on the contract signed on 1 September 2025.

How big is unit 608?

349 sqft (32.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 608 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 608, MAG 565

Starts from the last sale price (AED 298K, 12 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 297,800
Deposit, UAE resident (20%)
AED 59,560
Deposit, non-resident (40%)
AED 119,120
Monthly over 25 years at 3.7%
AED 1,218

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