504, MAG 555
Sold prices and rental history: sold once, by the developer in November 2019, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, MAG 555
What is 504 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 5th of 6
- Parking
- G-92
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,200 /yr
- Last sold
- AED 440K · November 2019
- Building
- MAG 555
About 504, MAG 555
504 is a one-bedroom apartment of 478 sqft on the 5th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 24 November 2019 for AED 440,000, or AED 920 per sqft, 15% above the AED 797 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 20 February 2025, is AED 50,000 a year: a gross yield of 11.4% on the 2019 price, before the service charge of about AED 7,200 a year.
Sales and rents for 504 over time
504 has sold once; 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 504 sits
All 56 1-beds →504 last sold in November 2019 at AED 920 per sqft, 15% above what one-beds in MAG 555 were fetching at the time (AED 797). 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. 504's AED 50,000 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 5th floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 629 sqft | AED 533KAED 533,000 · Dec 2017December 2017 | 50,000 /yr | |
| 502 | Studio | 389 sqft | AED 360KAED 360,000 · Sep 2017September 2017 | 30,000 /yr | |
| 503 | Studio | 365 sqft | AED 336KAED 336,296 · Jul 2019July 2019 | 38,000 /yr | |
| 505 | 2-bed | 666 sqft | AED 500KAED 500,000 · Jul 2017July 2017 | 46,620 /yr | |
| 506 | 1-bed | 483 sqft | AED 600KAED 600,000 · Jul 2025July 2025 | 50,000 /yr | |
| 507 | Studio | 389 sqft | AED 360KAED 360,000 · Sep 2017September 2017 | 18,000 /yr | |
| 508 | Studio | 349 sqft | AED 450KAED 450,000 · Apr 2025April 2025 | 30,000 /yr | |
| 509 | 1-bed | 478 sqft | AED 444KAED 443,758 · Jul 2017July 2017 | 37,800 /yr | |
| 510 | 2-bed | 665 sqft | AED 580KAED 580,000 · Aug 2018August 2018 | ||
| 511 | 1-bed | 483 sqft | AED 440KAED 439,517 · Aug 2017August 2017 | 32,000 /yr | |
| 512 | 1-bed | 657 sqft | AED 490KAED 490,000 · Jul 2019July 2019 | ||
| 513 | 1-bed | 623 sqft | AED 640KAED 640,000 · Jul 2025July 2025 | 52,000 /yr | |
| 514 | 1-bed | 638 sqft | AED 535KAED 535,000 · Dec 2019December 2019 | 55,000 /yr | |
| 515 | Studio | 410 sqft | AED 375KAED 375,000 · Sep 2017September 2017 | ||
| 516 | Studio | 410 sqft | AED 380KAED 380,000 · Dec 2017December 2017 | 40,000 /yr | |
| 517 | Studio | 437 sqft | AED 395KAED 395,000 · Aug 2017August 2017 | 44,000 /yr | |
| 518 | Studio | 437 sqft | AED 402KAED 402,000 · Sep 2019September 2019 | 43,500 /yr | |
| 519 | 1-bed | 514 sqft | AED 458KAED 458,000 · Mar 2018March 2018 | 53,000 /yr | |
| 520 | 1-bed | 514 sqft | AED 473KAED 472,558 · Feb 2018February 2018 | ||
| 521 | Studio | 360 sqft | AED 250KAED 250,000 · Apr 2020April 2020 | ||
| 522 | Studio | 360 sqft | AED 255KAED 255,000 · Mar 2020March 2020 | 38,000 /yr |
504, MAG 555 in numbers
- Sold once: by MAG on 24 November 2019 for AED 440,000, or AED 920 per sqft.
- Rented since June 2021 on 3 Ejari contracts, from AED 24,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2019 price is 11.4%, 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 20 February 2025.
Questions about 504, MAG 555
What did unit 504 last sell for?
AED 440,000 on 24 November 2019, sold by the developer: AED 920 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 50,000 a year on the contract signed on 20 February 2025. The previous contract, from June 2022, was AED 24,000; the unit has been rented since June 2021.
How big is unit 504?
478 sqft (44.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 504 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 504, MAG 555
Starts from the last sale price (AED 440K, 24 November 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 440,000
- Deposit, UAE resident (20%)
- AED 88,000
- Deposit, non-resident (40%)
- AED 176,000
- Monthly over 25 years at 3.7%
- AED 1,800
Plus AED 21,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →