1-bed · 483 sqftMAG 555, Dubai South · 1st floor · completed 2020

111, MAG 555

Sold prices and rental history: sold once, by the developer in October 2017, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 448K15 October 2017
Current rentAED 45K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, MAG 555

What is 111 worth today?

Last sold for AED 447,746 in 2017

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15 Apr 2025RentedNew contract
AED 45,000/yr12 months · AED 93 per sqft
15 Oct 2017Sold by developerOff-plan
AED 447,746AED 927 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
1st of 6
Parking
G-28
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 448K · October 2017
Building
MAG 555

About 111, MAG 555

111 is a one-bedroom apartment of 483 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 15 October 2017 for AED 447,746, or AED 927 per sqft, in line with the AED 921 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2025. The current contract, signed on 15 April 2025, is AED 45,000 a year: a gross yield of 10.1% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 111 over time

Sales
Unit 111, 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, October 2017: AED 447,746 (AED 927 per sqft)

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

Rents
Unit 111, 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, April 2025: 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 555, and where 111 sits

All 56 1-beds →

111 last sold in October 2017 at AED 927 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 921). 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. 111's AED 45,000 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
1041-bedAED 438K · Aug 2017
1052-bedAED 566K · Jun 2018
1061-bedAED 450K · Mar 2020
107AED 400K · Sep 2025
1–7 of 21

111, MAG 555 in numbers

  • Sold once: by MAG on 15 October 2017 for AED 447,746, or AED 927 per sqft.
  • Rented since April 2025 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 10.1%, 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 15 April 2025.

Questions about 111, MAG 555

What did unit 111 last sell for?

AED 447,746 on 15 October 2017, sold by the developer: AED 927 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 45,000 a year on the contract signed on 15 April 2025.

How big is unit 111?

483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 111 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 111, MAG 555

Starts from the last sale price (AED 448K, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 447,746
Deposit, UAE resident (20%)
AED 89,549
Deposit, non-resident (40%)
AED 179,098
Monthly over 25 years at 3.7%
AED 1,832

Plus AED 21,715 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →