1-bed · 478 sqftMAG 555, Dubai South · 1st floor · completed 2020

104, MAG 555

Sold prices and rental history: sold once, by the developer in August 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 438K23 August 2017
Current rentAED 39K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, MAG 555

What is 104 worth today?

Last sold for AED 438,000 in 2017

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10 Aug 2024RentedNew contract
AED 39,000/yr12 months · AED 82 per sqft
10 Aug 2023RentedNew contract
AED 34,000/yr12 months · AED 71 per sqft
1 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
23 Aug 2017Sold by developerOff-plan
AED 438,000AED 915 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
1st of 6
Parking
G-04
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 438K · August 2017
Building
MAG 555

About 104, MAG 555

104 is a one-bedroom apartment of 478 sqft on the 1st floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 23 August 2017 for AED 438,000, or AED 915 per sqft, in line with the AED 915 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 10 August 2024, is AED 39,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in MAG 555
400K600K2017202020232026Typical sale price by year: 2017 AED 447,746; 2018 AED 460,143; 2019 AED 488,223; 2020 AED 450,000; 2022 AED 365,000; 2023 AED 450,017; 2024 AED 450,000; 2025 AED 625,000Sold by developer, August 2017: AED 438,000 (AED 915 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in MAG 555
20K40K20192021202320252027Typical rent by year: 2019 AED 24,500; 2020 AED 24,000; 2021 AED 24,000; 2022 AED 26,000; 2023 AED 31,000; 2024 AED 40,000; 2025 AED 46,000; 2026 AED 47,000New contract, June 2020: AED 24,000 a yearNew contract, August 2023: AED 34,000 a yearNew contract, August 2024: AED 39,000 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 555, and where 104 sits

All 56 1-beds →

104 last sold in August 2017 at AED 915 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 915). Over the last 12 months one-beds sold for AED 605,000, around AED 1,265 per sqft, and rent for AED 12,000 to 59,000 a year. 104's AED 39,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Feb 2026605,000
12 Jan 202612,946
30 Oct 2025610,000
31 Jul 2025680,000
3 1-bed sales in the last 12 months

MAG 555

Building

129 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 5 sold in the last 12 months.

Typical price per sqft
AED 1,315
Typical sale
AED 540K
Typical rent
AED 44K /yr
Typical yield
7.4%
MAG 555, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 129 units in MAG 555
Value
1011-bedAED 420K · May 2024
102StudioAED 360K · Oct 2017
103StudioNo registered sale
1052-bedAED 566K · Jun 2018
1061-bedAED 450K · Mar 2020
107AED 400K · Sep 2025
108StudioAED 316K · Aug 2017
1–7 of 21

104, MAG 555 in numbers

  • Sold once: by MAG on 23 August 2017 for AED 438,000, or AED 915 per sqft.
  • Rented since June 2020 on 3 Ejari contracts, from AED 24,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 7,200 a year (AED 14.96 per sqft).
  • One-beds in MAG 555 sold for AED 605,000–605,000 in the 12 months to November 2026; the building's median across all types is AED 1,315 per sqft.

Source: Dubai Land Department. Updated 10 August 2024.

Questions about 104, MAG 555

What did unit 104 last sell for?

AED 438,000 on 23 August 2017, sold by the developer: AED 915 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 39,000 a year on the contract signed on 10 August 2024. The previous contract, from August 2023, was AED 34,000; the unit has been rented since June 2020.

How big is unit 104?

478 sqft (44.4 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 555 sold for AED 605,000 to 605,000 in the last 12 months, around AED 1,265 per sqft.

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Mortgage on 104, MAG 555

Starts from the last sale price (AED 438K, 23 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 438,000
Deposit, UAE resident (20%)
AED 87,600
Deposit, non-resident (40%)
AED 175,200
Monthly over 25 years at 3.7%
AED 1,792

Plus AED 21,306 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →