Studio · 360 sqftMAG 555, Dubai South · 1st floor · completed 2020

122, MAG 555

Sold prices and rental history: sold once, by the developer in November 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 6 November 2017
Last soldAED 338K6 November 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, MAG 555

What is 122 worth today?

Last sold for AED 338,200 in 2017

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6 Nov 2017Sold by developerOff-plan
AED 338,200AED 939 per sqft

Source: Dubai Land Department. Updated 6 November 2017.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
1st of 6
Parking
G-22
Developer
MAG
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 338K · November 2017
Building
MAG 555

About 122, MAG 555

122 is a studio of 360 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 6 November 2017 for AED 338,200, or AED 939 per sqft, in line with the AED 917 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical studio in MAG 555
300K400K2017202020232026Typical sale price by year: 2017 AED 351,070; 2018 AED 368,500; 2019 AED 374,555; 2020 AED 316,750; 2023 AED 312,500; 2024 AED 400,000; 2025 AED 450,000Sold by developer, November 2017: AED 338,200 (AED 939 per sqft)

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

Rents
Unit 122, each contractTypical studio in MAG 555
20K40K20192021202320252027Typical rent by year: 2019 AED 25,000; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 25,000; 2024 AED 35,000; 2025 AED 39,500; 2026 AED 43,750

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 555, and where 122 sits

All 58 studios →

122 last sold in November 2017 at AED 939 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 917). Over the last 12 months studios sold for AED 480,000 to 540,000, around AED 1,435 per sqft, and rent for AED 35,000 to 45,000 a year.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 2026540,000
30 Jan 2026480,000
3 Apr 2025300,000
3 Apr 2025450,000
2 studio 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

122, MAG 555 in numbers

  • Sold once: by MAG on 6 November 2017 for AED 338,200, or AED 939 per sqft.
  • Studios in MAG 555 sold for AED 480,000–540,000 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 6 November 2017.

Questions about 122, MAG 555

What did unit 122 last sell for?

AED 338,200 on 6 November 2017, sold by the developer: AED 939 per sqft for 360 sqft. It is the only registered sale of the unit.

How big is unit 122?

360 sqft (33.4 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 555 sold for AED 480,000 to 540,000 in the last 12 months, around AED 1,435 per sqft.

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Mortgage on 122, MAG 555

Starts from the last sale price (AED 338K, 6 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 338,200
Deposit, UAE resident (20%)
AED 67,640
Deposit, non-resident (40%)
AED 135,280
Monthly over 25 years at 3.7%
AED 1,384

Plus AED 17,114 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →