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1-bed · 514 sqftMAG 555, Dubai South · 6th floor · completed 2020

619, MAG 555

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 619 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 485K3 March 2019
Current rentAED 40K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 619, MAG 555

What is 619 worth today?

Last sold for AED 485,000 in 2019

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25 Apr 2024RentedNew contract
AED 40,000/yr12 months · AED 77 per sqft
20 Apr 2023RentedRenewal
AED 27,000/yr12 months · AED 52 per sqft
20 Apr 2022RentedNew contract
AED 24,000/yr12 months · AED 46 per sqft
10 Mar 2021RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
15 Feb 2020RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
3 Mar 2019Sold by developerOff-plan
AED 485,000AED 943 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
6th of 6
Parking
G-129
Developer
MAG
Completed
2020
Service charge
AED 7,700 /yr
Last sold
AED 485K · March 2019
Building
MAG 555

About 619, MAG 555

619 is a one-bedroom apartment of 514 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 3 March 2019 for AED 485,000, or AED 943 per sqft, 4% above the AED 908 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 25 April 2024, is AED 40,000 a year: a gross yield of 8.3% on the 2019 price, before the service charge of about AED 7,700 a year.

Sales and rents for 619 over time

Sales
Unit 619, 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, March 2019: AED 485,000 (AED 943 per sqft)

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

Rents
Unit 619, 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, February 2020: AED 26,000 a yearNew contract, March 2021: AED 23,000 a yearNew contract, April 2022: AED 24,000 a yearRenewal, April 2023: AED 27,000 a yearNew contract, April 2024: AED 40,000 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 619 sits

All 56 1-beds →

619 last sold in March 2019 at AED 943 per sqft, 4% above what one-beds in MAG 555 were fetching at the time (AED 908). 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. 619's AED 40,000 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 6th floor

All 129 units in MAG 555
Value
6011-bedAED 660K · Jun 2025
602StudioAED 330K · Nov 2017
603StudioAED 336K · Oct 2017
6041-bedAED 406K · Nov 2017
6052-bedAED 600K · Oct 2019
6061-bedAED 223K · Apr 2024
607StudioAED 272K · Dec 2022
1–7 of 20

619, MAG 555 in numbers

  • Sold once: by MAG on 3 March 2019 for AED 485,000, or AED 943 per sqft.
  • Rented since February 2020 on 5 Ejari contracts. The rent fell from AED 26,000 to AED 23,000 in 2021 and recovered to AED 40,000 by April 2024.
  • At AED 40,000 a year the gross yield on the 2019 price is 8.3%, before a service charge of about AED 7,700 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 25 April 2024.

Questions about 619, MAG 555

What did unit 619 last sell for?

AED 485,000 on 3 March 2019, sold by the developer: AED 943 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 619?

AED 40,000 a year on the contract signed on 25 April 2024. The previous contract, from April 2023, was AED 27,000; the unit has been rented since February 2020.

How big is unit 619?

514 sqft (47.8 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 619 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 619, MAG 555

Starts from the last sale price (AED 485K, 3 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →