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1-bed · 478 sqftMAG 555, Dubai South · 5th floor · completed 2020

509, 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.

Unit 509 · DLD and Ejari recordsUpdated 23 April 2025
Last soldAED 444K23 July 2017
Current rentAED 38K /yr23 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 509, MAG 555

What is 509 worth today?

Last sold for AED 443,758 in 2017

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23 Apr 2025RentedNew contract
AED 37,800/yr12 months · AED 80 per sqft
23 Apr 2024RentedRenewal
AED 37,800/yr12 months · AED 80 per sqft
23 Apr 2023RentedNew contract
AED 36,000/yr12 months · AED 76 per sqft
1 May 2020RentedNew contract
AED 30,000/yr12 months · AED 63 per sqft
23 Jul 2017Sold by developerOff-plan
AED 443,758AED 927 per sqft

Source: Dubai Land Department. Updated 23 April 2025.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
5th of 6
Parking
G-97
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 444K · July 2017
Building
MAG 555

About 509, MAG 555

509 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 23 July 2017 for AED 443,758, or AED 927 per sqft.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 23 April 2025, is AED 37,800 a year: a gross yield of 8.5% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 509 over time

Sales
Unit 509, 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, July 2017: AED 443,758 (AED 927 per sqft)

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

Rents
Unit 509, 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, May 2020: AED 30,000 a yearNew contract, April 2023: AED 36,000 a yearRenewal, April 2024: AED 37,800 a yearNew contract, April 2025: AED 37,800 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 509 sits

All 56 1-beds →

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. 509's AED 37,800 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 5th floor

All 129 units in MAG 555
Value
5011-bedAED 533K · Dec 2017
502StudioAED 360K · Sep 2017
503StudioAED 336K · Jul 2019
5041-bedAED 440K · Nov 2019
5052-bedAED 500K · Jul 2017
5061-bedAED 600K · Jul 2025
507StudioAED 360K · Sep 2017
1–7 of 21

509, MAG 555 in numbers

  • Sold once: by MAG on 23 July 2017 for AED 443,758, or AED 927 per sqft.
  • Rented since May 2020 on 4 Ejari contracts, from AED 30,000 to AED 37,800 a year.
  • At AED 37,800 a year the gross yield on the 2017 price is 8.5%, 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 23 April 2025.

Questions about 509, MAG 555

What did unit 509 last sell for?

AED 443,758 on 23 July 2017, sold by the developer: AED 927 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 37,800 a year on the contract signed on 23 April 2025. The previous contract, from April 2024, was AED 37,800; the unit has been rented since May 2020.

How big is unit 509?

478 sqft (44.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 509 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 509, MAG 555

Starts from the last sale price (AED 444K, 23 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 443,758
Deposit, UAE resident (20%)
AED 88,752
Deposit, non-resident (40%)
AED 177,503
Monthly over 25 years at 3.7%
AED 1,816

Plus AED 21,548 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →