611, MAG 555
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 611, MAG 555
What is 611 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 6th of 6
- Parking
- G-41
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,200 /yr
- Last sold
- AED 425K · June 2024
- Building
- MAG 555
About 611, MAG 555
611 is a one-bedroom apartment of 483 sqft on the 6th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 June 2024 for AED 425,000, or AED 879 per sqft, in line with the AED 879 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 1 March 2025, is AED 46,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 7,200 a year.
Sales and rents for 611 over time
611 has sold twice; 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 611 sits
All 56 1-beds →611 last sold in June 2024 at AED 879 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 879). 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. 611's AED 46,000 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 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 | |
| 603 | Studio | 365 sqft | AED 336KAED 336,296 · Oct 2017October 2017 | 41,000 /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 | |
| 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 |
611, MAG 555 in numbers
- Sold twice: first on 29 August 2017 for AED 460,000, last on 24 June 2024 for AED 425,000 (AED 879 per sqft).
- Rented since March 2021 on 4 Ejari contracts, from AED 19,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2024 price is 10.8%, 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 1 March 2025.
Questions about 611, MAG 555
What did unit 611 last sell for?
AED 425,000 on 24 June 2024: AED 879 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 460,000 in August 2017.
What is the rent for unit 611?
AED 46,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2023, was AED 20,000; the unit has been rented since March 2021.
How big is unit 611?
483 sqft (44.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 611 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 611, MAG 555
Starts from the last sale price (AED 425K, 24 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus AED 20,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →