603, MAG 555
Sold prices and rental history: sold once, by the developer in October 2017, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 603, MAG 555
What is 603 worth today?
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Source: Dubai Land Department. Updated 6 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 365 sqft
- Floor
- 6th of 6
- Parking
- G-113
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,500 /yr
- Last sold
- AED 336K · October 2017
- Building
- MAG 555
About 603, MAG 555
603 is a studio of 365 sqft on the 6th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 4 October 2017 for AED 336,296, or AED 921 per sqft, in line with the AED 917 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 6 May 2025, is AED 41,000 a year: a gross yield of 12.2% on the 2017 price, before the service charge of about AED 5,500 a year.
Sales and rents for 603 over time
603 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 603 sits
All 58 studios →603 last sold in October 2017 at AED 921 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 917). 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. 603's AED 41,000 is in the upper half 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 6th floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 660KAED 660,000 · Jun 2025June 2025 | 28,000 /yr | |
| 602 | Studio | 389 sqft | AED 330KAED 330,471 · Nov 2017November 2017 | 35,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 406KAED 405,586 · Nov 2017November 2017 | ||
| 605 | 2-bed | 666 sqft | AED 600KAED 600,000 · Oct 2019October 2019 | 30,000 /yr | |
| 606 | 1-bed | 241 sqft | AED 223KAED 222,663 · Apr 2024April 2024 | 37,000 /yr | |
| 607 | Studio | 389 sqft | AED 272KAED 272,462 · Dec 2022December 2022 | 27,600 /yr | |
| 608 | Studio | 349 sqft | AED 318KAED 317,646 · Aug 2017August 2017 | 45,000 /yr | |
| 609 | 1-bed | 478 sqft | AED 570KAED 570,000 · Feb 2025February 2025 | 45,000 /yr | |
| 610 | 2-bed | 665 sqft | AED 497KAED 497,000 · Nov 2019November 2019 | 58,000 /yr | |
| 611 | 1-bed | 483 sqft | AED 425KAED 425,000 · Jun 2024June 2024 | 46,000 /yr | |
| 613 | 1-bed | 623 sqft | AED 510KAED 510,253 · May 2018May 2018 | 32,000 /yr | |
| 614 | 1-bed | 319 sqft | AED 480KAED 480,000 · Jun 2019June 2019 | 37,000 /yr | |
| 615 | Studio | 410 sqft | AED 400KAED 400,000 · May 2024May 2024 | 35,000 /yr | |
| 616 | Studio | 410 sqft | AED 300KAED 300,000 · May 2023May 2023 | 41,000 /yr | |
| 617 | Studio | 437 sqft | AED 397KAED 397,000 · May 2019May 2019 | 40,000 /yr | |
| 618 | Studio | 437 sqft | AED 400KAED 400,000 · Jul 2019July 2019 | 26,450 /yr | |
| 619 | 1-bed | 514 sqft | AED 485KAED 485,000 · Mar 2019March 2019 | 40,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 365KAED 365,000 · Feb 2022February 2022 | 26,000 /yr | |
| 621 | Studio | 360 sqft | AED 328KAED 327,500 · Aug 2018August 2018 | 45,000 /yr | |
| 622 | Studio | 360 sqft | AED 328KAED 328,000 · May 2019May 2019 | 35,000 /yr |
603, MAG 555 in numbers
- Sold once: by MAG on 4 October 2017 for AED 336,296, or AED 921 per sqft.
- Rented since April 2024 on 2 Ejari contracts, from AED 35,000 to AED 41,000 a year.
- At AED 41,000 a year the gross yield on the 2017 price is 12.2%, before a service charge of about AED 5,500 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 6 May 2025.
Questions about 603, MAG 555
What did unit 603 last sell for?
AED 336,296 on 4 October 2017, sold by the developer: AED 921 per sqft for 365 sqft. It is the only registered sale of the unit.
What is the rent for unit 603?
AED 41,000 a year on the contract signed on 6 May 2025. The previous contract, from April 2024, was AED 35,000.
How big is unit 603?
365 sqft (33.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 603 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 603, MAG 555
Starts from the last sale price (AED 336K, 4 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 336,296
- Deposit, UAE resident (20%)
- AED 67,259
- Deposit, non-resident (40%)
- AED 134,518
- Monthly over 25 years at 3.7%
- AED 1,376
Plus AED 17,035 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →