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Studio · 360 sqftMAG 555, Dubai South · 4th floor · completed 2020

421, MAG 555

Sold prices and rental history: sold twice, last in April 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 421 · DLD and Ejari recordsUpdated 28 April 2025
Last soldAED 300K3 April 2025
Current rentAED 39K /yr28 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 421, MAG 555

What is 421 worth today?

Last sold for AED 300,000 in 2025

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28 Apr 2025RentedNew contract
AED 39,000/yr12 months · AED 110 per sqft
3 Apr 2025SoldReady
AED 300,000AED 833 per sqft
20 Mar 2024RentedRenewal
AED 20,500/yr12 months · AED 57 per sqft
20 Mar 2023RentedRenewal
AED 18,000/yr12 months · AED 50 per sqft
20 Mar 2022RentedRenewal
AED 18,000/yr12 months · AED 50 per sqft
20 Mar 2021RentedNew contract
AED 18,000/yr12 months · AED 50 per sqft
25 Feb 2020RentedNew contract
AED 20,000/yr12 months · AED 56 per sqft
24 Sep 2019Sold by developerOff-plan
AED 325,000AED 902 per sqft

Source: Dubai Land Department. Updated 28 April 2025.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
4th of 6
Parking
G-87
Developer
MAG
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 300K · April 2025
Building
MAG 555

About 421, MAG 555

421 is a studio of 360 sqft on the 4th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 April 2025 for AED 300,000, or AED 833 per sqft, 16% below the AED 992 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 28 April 2025, is AED 39,000 a year: a gross yield of 13.0% on the 2025 price, before the service charge of about AED 5,400 a year.

Sales and rents for 421 over time

Sales
Unit 421, 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, September 2019: AED 325,000 (AED 902 per sqft)Sold, April 2025: AED 300,000 (AED 833 per sqft)

421 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 421, 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 43,750New contract, February 2020: AED 20,000 a yearNew contract, March 2021: AED 18,000 a yearRenewal, March 2022: AED 18,000 a yearRenewal, March 2023: AED 18,000 a yearRenewal, March 2024: AED 20,500 a yearNew contract, April 2025: AED 39,000 a year

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 421 sits

All 58 studios →

421 last sold in April 2025 at AED 833 per sqft, 16% below what studios in MAG 555 were fetching at the time (AED 992). 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. 421's AED 39,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Feb 2026540,000
30 Jan 2026480,000
3 Apr 2025450,000
18 Feb 2025470,000
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 4th floor

All 129 units in MAG 555
Value
4011-bedAED 490K · Nov 2024
402StudioAED 360K · Sep 2019
403StudioAED 480K · Jan 2026
4041-bedAED 335K · Dec 2022
4052-bedAED 595K · Oct 2019
4061-bedAED 325K · Dec 2022
407StudioAED 355K · Oct 2017
1–7 of 21

421, MAG 555 in numbers

  • Sold twice: first on 24 September 2019 for AED 325,000, last on 3 April 2025 for AED 300,000 (AED 833 per sqft).
  • Rented since February 2020 on 6 Ejari contracts, from AED 20,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2025 price is 13.0%, before a service charge of about AED 5,400 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 28 April 2025.

Questions about 421, MAG 555

What did unit 421 last sell for?

AED 300,000 on 3 April 2025: AED 833 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 325,000 in September 2019.

What is the rent for unit 421?

AED 39,000 a year on the contract signed on 28 April 2025. The previous contract, from March 2024, was AED 20,500; the unit has been rented since February 2020.

How big is unit 421?

360 sqft (33.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 421 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 421, MAG 555

Starts from the last sale price (AED 300K, 3 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →