204, MAG 555
Sold prices and rental history: sold twice, last in June 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, MAG 555
What is 204 worth today?
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Source: Dubai Land Department. Updated 22 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 2nd of 6
- Parking
- G-26
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,200 /yr
- Last sold
- AED 350K · June 2024
- Building
- MAG 555
About 204, MAG 555
204 is a one-bedroom apartment of 478 sqft on the 2nd floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 June 2024 for AED 350,000, or AED 731 per sqft, 17% below the AED 879 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 August 2025. The current contract, renewed on 22 August 2025, is AED 45,000 a year: a gross yield of 12.9% on the 2024 price, before the service charge of about AED 7,200 a year.
Sales and rents for 204 over time
204 has sold twice; the dashed line is the one-bed median of each year in the building.
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 204 sits
All 56 1-beds →204 last sold in June 2024 at AED 731 per sqft, 17% below what one-beds in MAG 555 were fetching at the time (AED 879). 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. 204's AED 45,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 478 sqft | 605,000 | 1,265 | ||
| 12 Jan 202612 January 2026 | 478 sqft | 12,946 | 27 | ||
| 30 Oct 202530 October 2025 | 483 sqft | 610,000 | 1,262 | ||
| 31 Jul 202531 July 2025 | 656 sqft | 680,000 | 1,036 |
MAG 555
Building129 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%
Other units on the 2nd floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 414KAED 413,820 · Nov 2021November 2021 | 33,000 /yr | |
| 202 | Studio | 387 sqft | AED 375KAED 375,000 · Jun 2024June 2024 | 35,000 /yr | |
| 203 | Studio | 365 sqft | AED 365KAED 365,000 · Jul 2024July 2024 | 40,000 /yr | |
| 205 | 2-bed | 666 sqft | AED 560KAED 560,000 · Nov 2017November 2017 | 65,000 /yr | |
| 206 | 483 sqft | AED 42KAED 41,760 · Jan 2026January 2026 | 52,000 /yr | ||
| 207 | Studio | 387 sqft | AED 351KAED 351,070 · Aug 2017August 2017 | 44,000 /yr | |
| 208 | Studio | 347 sqft | AED 540KAED 540,000 · Feb 2026February 2026 | 20,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 438KAED 438,000 · Aug 2017August 2017 | 50,000 /yr | |
| 210 | 2-bed | 665 sqft | AED 555KAED 555,000 · Jul 2023July 2023 | 62,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 435KAED 435,000 · Nov 2017November 2017 | 53,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 486KAED 486,445 · Aug 2019August 2019 | 33,000 /yr | |
| 215 | Studio | 410 sqft | AED 470KAED 470,000 · Feb 2025February 2025 | 45,000 /yr | |
| 216 | Studio | 410 sqft | AED 400KAED 400,000 · Sep 2024September 2024 | 31,500 /yr | |
| 217 | Studio | 437 sqft | AED 394KAED 394,426 · Aug 2019August 2019 | 44,000 /yr | |
| 218 | Studio | 437 sqft | AED 430KAED 430,000 · Oct 2024October 2024 | 40,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 466KAED 466,000 · Dec 2017December 2017 | 54,000 /yr | |
| 220 | 1-bed | 514 sqft | AED 375KAED 375,000 · Jun 2023June 2023 | 50,000 /yr | |
| 221 | Studio | 360 sqft | AED 328KAED 328,375 · Sep 2017September 2017 | 36,000 /yr | |
| 222 | Studio | 360 sqft | AED 328KAED 328,375 · Mar 2018March 2018 | 32,000 /yr |
204, MAG 555 in numbers
- Sold twice: first on 24 December 2020 for AED 422,675, last on 24 June 2024 for AED 350,000 (AED 731 per sqft).
- Rented since August 2025 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 12.9%, 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 22 August 2025.
Questions about 204, MAG 555
What did unit 204 last sell for?
AED 350,000 on 24 June 2024: AED 731 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 422,675 in December 2020.
What is the rent for unit 204?
AED 45,000 a year on the contract renewed on 22 August 2025.
How big is unit 204?
478 sqft (44.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 204 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 204, MAG 555
Starts from the last sale price (AED 350K, 24 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 350,000
- Deposit, UAE resident (20%)
- AED 70,000
- Deposit, non-resident (40%)
- AED 140,000
- Monthly over 25 years at 3.7%
- AED 1,432
Plus AED 17,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →