302, MAG 555
Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 302, MAG 555
What is 302 worth today?
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Source: Dubai Land Department. Updated 17 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 387 sqft
- Floor
- 3rd of 6
- Parking
- G-94
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,800 /yr
- Last sold
- AED 356K · July 2017
- Building
- MAG 555
About 302, MAG 555
302 is a studio of 387 sqft on the 3rd floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 31 July 2017 for AED 355,710, or AED 919 per sqft.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 17 December 2025, is AED 35,000 a year: a gross yield of 9.8% on the 2017 price, before the service charge of about AED 5,800 a year.
Sales and rents for 302 over time
302 has sold once; the dashed line is the studio median of each year in the building.
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 302 sits
All 58 studios →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. 302's AED 35,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 347 sqft | 540,000 | 1,554 | ||
| 30 Jan 202630 January 2026 | 365 sqft | 480,000 | 1,315 | ||
| 3 Apr 20253 April 2025 | 360 sqft | 300,000 | 833 | ||
| 3 Apr 20253 April 2025 | 349 sqft | 450,000 | 1,289 |
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 3rd floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 554KAED 553,800 · Oct 2017October 2017 | 58,000 /yr | |
| 303 | Studio | 365 sqft | AED 338KAED 338,000 · Jan 2018January 2018 | 39,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 439KAED 438,832 · Aug 2017August 2017 | 44,000 /yr | |
| 305 | 2-bed | 666 sqft | AED 595KAED 595,000 · Sep 2017September 2017 | ||
| 306 | 1-bed | 483 sqft | AED 445KAED 445,168 · Aug 2017August 2017 | 37,000 /yr | |
| 307 | Studio | 387 sqft | AED 372KAED 372,000 · Jan 2018January 2018 | 20,000 /yr | |
| 308 | Studio | 347 sqft | AED 330KAED 330,000 · Aug 2017August 2017 | 26,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 605KAED 605,000 · Feb 2026February 2026 | 59,000 /yr | |
| 310 | 2-bed | 665 sqft | AED 469KAED 469,388 · Jul 2021July 2021 | 65,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 450KAED 450,000 · Oct 2017October 2017 | 32,890 /yr | |
| 312 | 1-bed | 656 sqft | AED 565KAED 565,343 · Sep 2017September 2017 | 40,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 510KAED 510,000 · Dec 2020December 2020 | ||
| 314 | 1-bed | 638 sqft | AED 650KAED 650,000 · May 2025May 2025 | 53,000 /yr | |
| 315 | Studio | 410 sqft | AED 365KAED 365,000 · Jan 2018January 2018 | 43,000 /yr | |
| 316 | Studio | 410 sqft | AED 365KAED 365,000 · Jul 2018July 2018 | 19,000 /yr | |
| 317 | Studio | 437 sqft | AED 400KAED 400,000 · May 2019May 2019 | ||
| 318 | Studio | 437 sqft | AED 325KAED 325,000 · Jul 2023July 2023 | 20,500 /yr | |
| 319 | 1-bed | 514 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 42,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 443KAED 443,000 · Jun 2018June 2018 | 46,000 /yr | |
| 321 | Studio | 360 sqft | AED 330KAED 330,000 · Jan 2018January 2018 | 27,000 /yr | |
| 322 | Studio | 360 sqft | AED 320KAED 320,000 · Aug 2017August 2017 | 38,000 /yr |
302, MAG 555 in numbers
- Sold once: by MAG on 31 July 2017 for AED 355,710, or AED 919 per sqft.
- Rented since March 2020 on 7 Ejari contracts. The rent fell from AED 20,000 to AED 17,000 in 2021 and recovered to AED 35,000 by December 2025.
- At AED 35,000 a year the gross yield on the 2017 price is 9.8%, before a service charge of about AED 5,800 a year (AED 14.96 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 17 December 2025.
Questions about 302, MAG 555
What did unit 302 last sell for?
AED 355,710 on 31 July 2017, sold by the developer: AED 919 per sqft for 387 sqft. It is the only registered sale of the unit.
What is the rent for unit 302?
AED 35,000 a year on the contract renewed on 17 December 2025. The previous contract, from December 2024, was AED 30,000; the unit has been rented since March 2020.
How big is unit 302?
387 sqft (36.0 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 302 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 302, MAG 555
Starts from the last sale price (AED 356K, 31 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 355,710
- Deposit, UAE resident (20%)
- AED 71,142
- Deposit, non-resident (40%)
- AED 142,284
- Monthly over 25 years at 3.7%
- AED 1,455
Plus AED 17,849 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →