Studio · 387 sqftMAG 555, Dubai South · 1st floor · completed 2020

102, MAG 555

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 360K4 October 2017
Current rentAED 38K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102, MAG 555

What is 102 worth today?

Last sold for AED 359,575 in 2017

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1 Mar 2026RentedRenewal
AED 38,000/yr12 months · AED 98 per sqft
1 Mar 2026RentedRenewal
AED 40,000/yr12 months · AED 103 per sqft
1 Mar 2026RentedRenewal
AED 40,000/yr12 months · AED 106 per sqft
1 Mar 2025RentedNew contract
AED 40,000/yr12 months · AED 103 per sqft
15 Feb 2024RentedRenewal
AED 19,971/yr12 months · AED 52 per sqft
15 Feb 2023RentedRenewal
AED 20,000/yr12 months · AED 52 per sqft
15 Feb 2022RentedRenewal
AED 20,000/yr12 months · AED 52 per sqft
15 Feb 2021RentedRenewal
AED 19,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
Studio apartment
Size
387 sqft
Floor
1st of 6
Parking
G-02
Developer
MAG
Completed
2020
Service charge
AED 5,800 /yr
Last sold
AED 360K · October 2017
Building
MAG 555

About 102, MAG 555

102 is a studio of 387 sqft on the 1st 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 359,575, or AED 929 per sqft, in line with the AED 917 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 9 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 38,000 a year: a gross yield of 10.6% on the 2017 price, before the service charge of about AED 5,800 a year.

Sales and rents for 102 over time

Sales
Unit 102, each saleTypical studio in MAG 555
300K400K500K2017202020232026Typical sale price by year: 2017 AED 353,035; 2018 AED 365,000; 2019 AED 374,555; 2020 AED 316,750; 2023 AED 300,000; 2024 AED 400,000; 2025 AED 425,000; 2026 AED 473,500Sold by developer, October 2017: AED 359,575 (AED 929 per sqft)

102 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 102, each contractTypical studio in MAG 555
20K30K40K20192021202320252027Typical rent by year: 2019 AED 25,000; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 25,000; 2024 AED 34,000; 2025 AED 40,000; 2026 AED 39,000New contract, February 2020: AED 19,000 a yearRenewal, February 2021: AED 19,000 a yearRenewal, February 2022: AED 20,000 a yearRenewal, February 2023: AED 20,000 a yearRenewal, February 2024: AED 19,971 a yearNew contract, March 2025: AED 40,000 a yearRenewal, March 2026: AED 38,000 a yearRenewal, March 2026: AED 40,000 a yearRenewal, March 2026: AED 40,000 a year

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 102 sits

All 60 studios →

102 last sold in October 2017 at AED 929 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 445,000 to 540,000, around AED 1,306 per sqft, and rent for AED 31,500 to 45,000 a year. 102's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
30 Jan 2026480,000
4 studio 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. 13 sold in the last 12 months.

Typical price per sqft
AED 1,265 Up 15.3%
Typical sale
AED 590K
Typical rent
AED 43K /yr
Typical yield
7.7%
MAG 555, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 129 units in MAG 555
Value
1011-bedAED 420K · May 2024
103StudioNo registered sale
1041-bedAED 600K · Sep 2026
1052-bedAED 566K · Jun 2018
1061-bedAED 450K · Mar 2020
107StudioAED 400K · Sep 2025
108StudioAED 316K · Aug 2017
1–7 of 21

102, MAG 555 in numbers

  • Sold once: by MAG on 4 October 2017 for AED 359,575, or AED 929 per sqft.
  • Rented since February 2020 on 9 Ejari contracts, from AED 19,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2017 price is 10.6%, before a service charge of about AED 5,800 a year (AED 14.96 per sqft).
  • Studios in MAG 555 sold for AED 445,000–540,000 in the 12 months to November 2026; the building's median across all types is AED 1,265 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 102, MAG 555

What did unit 102 last sell for?

AED 359,575 on 4 October 2017, sold by the developer: AED 929 per sqft for 387 sqft. It is the only registered sale of the unit.

What is the rent for unit 102?

AED 38,000 a year on the contract renewed on 1 March 2026. The previous contract, from March 2026, was AED 40,000; the unit has been rented since February 2020.

How big is unit 102?

387 sqft (36.0 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 102 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 445,000 to 540,000 in the last 12 months, around AED 1,306 per sqft.

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Mortgage on 102, MAG 555

Starts from the last sale price (AED 360K, 4 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 359,575
Deposit, UAE resident (20%)
AED 71,915
Deposit, non-resident (40%)
AED 143,830
Monthly over 25 years at 3.7%
AED 1,471

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →