Studio · 347 sqftMAG 555, Dubai South · 1st floor · completed 2020

108, MAG 555

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

Unit 108 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 316K3 August 2017
Current rentAED 42K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, MAG 555

What is 108 worth today?

Last sold for AED 315,784 in 2017

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10 Jul 2026RentedNew contract
AED 42,000/yr12 months · AED 121 per sqft
6 Jun 2024RentedNew contract
AED 32,000/yr12 months · AED 92 per sqft
25 May 2023RentedNew contract
AED 23,500/yr12 months · AED 68 per sqft
27 Apr 2022RentedNew contract
AED 20,000/yr12 months · AED 58 per sqft
20 Apr 2021RentedRenewal
AED 22,564/yr12 months · AED 65 per sqft
20 Apr 2020RentedNew contract
AED 21,600/yr12 months · AED 62 per sqft
3 Aug 2017Sold by developerOff-plan
AED 315,784AED 909 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
1st of 6
Parking
G-08
Developer
MAG
Completed
2020
Service charge
AED 5,200 /yr
Last sold
AED 316K · August 2017
Building
MAG 555

About 108, MAG 555

108 is a studio of 347 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 3 August 2017 for AED 315,784, or AED 909 per sqft, in line with the AED 910 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 10 July 2026, is AED 42,000 a year: a gross yield of 13.3% on the 2017 price, before the service charge of about AED 5,200 a year.

Sales and rents for 108 over time

Sales
Unit 108, 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, August 2017: AED 315,784 (AED 909 per sqft)

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

Rents
Unit 108, each contractTypical studio in MAG 555
20K40K201920222025Typical 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, April 2020: AED 21,600 a yearRenewal, April 2021: AED 22,564 a yearNew contract, April 2022: AED 20,000 a yearNew contract, May 2023: AED 23,500 a yearNew contract, June 2024: AED 32,000 a yearNew contract, July 2026: AED 42,000 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 108 sits

All 60 studios →

108 last sold in August 2017 at AED 909 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 910). 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. 108's AED 42,000 is in the upper 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
102StudioAED 360K · Oct 2017
103StudioNo registered sale
1041-bedAED 600K · Sep 2026
1052-bedAED 566K · Jun 2018
1061-bedAED 450K · Mar 2020
107StudioAED 400K · Sep 2025
1–7 of 21

108, MAG 555 in numbers

  • Sold once: by MAG on 3 August 2017 for AED 315,784, or AED 909 per sqft.
  • Rented since April 2020 on 6 Ejari contracts, from AED 21,600 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2017 price is 13.3%, before a service charge of about AED 5,200 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 10 July 2026.

Questions about 108, MAG 555

What did unit 108 last sell for?

AED 315,784 on 3 August 2017, sold by the developer: AED 909 per sqft for 347 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 42,000 a year on the contract signed on 10 July 2026. The previous contract, from June 2024, was AED 32,000; the unit has been rented since April 2020.

How big is unit 108?

347 sqft (32.2 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.

What is unit 108 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 108, MAG 555

Starts from the last sale price (AED 316K, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 315,784
Deposit, UAE resident (20%)
AED 63,157
Deposit, non-resident (40%)
AED 126,314
Monthly over 25 years at 3.7%
AED 1,292

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