1-bed · 514 sqftMAG 555, Dubai South · 2nd floor · completed 2020

219, MAG 555

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

Unit 219 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 466K18 December 2017
Current rentAED 54K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 219, MAG 555

What is 219 worth today?

Last sold for AED 466,000 in 2017

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1 Apr 2024RentedNew contract
AED 54,000/yr12 months · AED 105 per sqft
12 Mar 2022RentedNew contract
AED 27,702/yr12 months · AED 54 per sqft
29 Jan 2021RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
30 Jan 2020RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
18 Dec 2017Sold by developerOff-plan
AED 466,000AED 906 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
2nd of 6
Parking
G-121
Developer
MAG
Completed
2020
Service charge
AED 7,700 /yr
Last sold
AED 466K · December 2017
Building
MAG 555

About 219, MAG 555

219 is a one-bedroom apartment of 514 sqft on the 2nd floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 18 December 2017 for AED 466,000, or AED 906 per sqft, in line with the AED 915 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 April 2024, is AED 54,000 a year: a gross yield of 11.6% on the 2017 price, before the service charge of about AED 7,700 a year.

Sales and rents for 219 over time

Sales
Unit 219, 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, December 2017: AED 466,000 (AED 906 per sqft)

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

Rents
Unit 219, 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, January 2020: AED 26,000 a yearNew contract, January 2021: AED 26,000 a yearNew contract, March 2022: AED 27,702 a yearNew contract, April 2024: AED 54,000 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 219 sits

All 56 1-beds →

219 last sold in December 2017 at AED 906 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. 219's AED 54,000 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 2nd floor

All 129 units in MAG 555
Value
2011-bedAED 414K · Nov 2021
202StudioAED 375K · Jun 2024
203StudioAED 365K · Jul 2024
2041-bedAED 350K · Jun 2024
2052-bedAED 560K · Nov 2017
206AED 42K · Jan 2026
207StudioAED 351K · Aug 2017
1–7 of 19

219, MAG 555 in numbers

  • Sold once: by MAG on 18 December 2017 for AED 466,000, or AED 906 per sqft.
  • Rented since January 2020 on 4 Ejari contracts, from AED 26,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2017 price is 11.6%, before a service charge of about AED 7,700 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 1 April 2024.

Questions about 219, MAG 555

What did unit 219 last sell for?

AED 466,000 on 18 December 2017, sold by the developer: AED 906 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 219?

AED 54,000 a year on the contract signed on 1 April 2024. The previous contract, from March 2022, was AED 27,702; the unit has been rented since January 2020.

How big is unit 219?

514 sqft (47.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 219 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 219, MAG 555

Starts from the last sale price (AED 466K, 18 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 466,000
Deposit, UAE resident (20%)
AED 93,200
Deposit, non-resident (40%)
AED 186,400
Monthly over 25 years at 3.7%
AED 1,907

Plus AED 22,482 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →