110, MAG 555
Sold prices and rental history: sold once, by the developer in January 2018, and rented once, from February 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 110, MAG 555
What is 110 worth today?
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Source: Dubai Land Department. Updated 2 February 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 665 sqft
- Floor
- 1st of 6
- Parking
- G-10
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 9,900 /yr
- Last sold
- AED 582K · January 2018
- Building
- MAG 555
About 110, MAG 555
110 is a two-bedroom apartment of 665 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 7 January 2018 for AED 582,000, or AED 875 per sqft, in line with the AED 875 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 2 February 2020. The current contract, signed on 2 February 2020, is AED 35,000 a year: a gross yield of 6.0% on the 2018 price, before the service charge of about AED 9,900 a year.
Sales and rents for 110 over time
110 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 555, and where 110 sits
All 12 2-beds →110 last sold in January 2018 at AED 875 per sqft, in line with what two-beds in MAG 555 were fetching at the time (AED 875). 110's AED 35,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202331 July 2023 | 665 sqft | 555,000 | 834 | ||
| 28 Dec 202228 December 2022 | 665 sqft | 413,460 | 621 | ||
| 15 Jul 202115 July 2021 | 665 sqft | 469,388 | 705 | ||
| 7 Nov 20197 November 2019 | 665 sqft | 497,000 | 747 |
MAG 555
Building129 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%
Other units on the 1st floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 420KAED 420,000 · May 2024May 2024 | 38,808 /yr | |
| 102 | Studio | 387 sqft | AED 360KAED 359,575 · Oct 2017October 2017 | 40,000 /yr | |
| 103 | Studio | 365 sqft | No registered sale | 50,000 /yr | |
| 104 | 1-bed | 478 sqft | AED 600KAED 600,000 · Sep 2026September 2026 | 39,000 /yr | |
| 105 | 2-bed | 666 sqft | AED 566KAED 565,800 · Jun 2018June 2018 | 70,000 /yr | |
| 106 | 1-bed | 483 sqft | AED 450KAED 450,000 · Mar 2020March 2020 | 31,000 /yr | |
| 107 | Studio | 387 sqft | AED 400KAED 400,000 · Sep 2025September 2025 | 36,000 /yr | |
| 108 | Studio | 347 sqft | AED 316KAED 315,784 · Aug 2017August 2017 | 42,000 /yr | |
| 109 | 1-bed | 478 sqft | AED 22KAED 21,564 · Aug 2026August 2026 | 47,000 /yr | |
| 111 | 1-bed | 483 sqft | AED 448KAED 447,746 · Oct 2017October 2017 | 45,000 /yr | |
| 112 | 1-bed | 656 sqft | AED 680KAED 680,000 · Jul 2025July 2025 | 40,000 /yr | |
| 113 | 1-bed | 622 sqft | AED 445KAED 444,548 · Feb 2023February 2023 | 54,000 /yr | |
| 114 | 1-bed | 638 sqft | AED 475KAED 475,000 · Apr 2024April 2024 | 54,848 /yr | |
| 115 | Studio | 410 sqft | AED 376KAED 376,000 · Jul 2019July 2019 | 32,000 /yr | |
| 116 | Studio | 410 sqft | AED 379KAED 378,500 · Feb 2020February 2020 | 43,000 /yr | |
| 117 | Studio | 437 sqft | AED 399KAED 399,000 · Apr 2018April 2018 | 38,000 /yr | |
| 118 | Studio | 437 sqft | AED 405KAED 404,500 · Apr 2018April 2018 | 36,500 /yr | |
| 119 | 1-bed | 514 sqft | AED 474KAED 474,000 · Sep 2017September 2017 | ||
| 120 | 1-bed | 514 sqft | AED 472KAED 472,000 · Feb 2020February 2020 | 45,000 /yr | |
| 121 | Studio | 360 sqft | AED 380KAED 380,000 · Feb 2020February 2020 | 36,000 /yr | |
| 122 | Studio | 360 sqft | AED 338KAED 338,200 · Nov 2017November 2017 | 40,000 /yr |
110, MAG 555 in numbers
- Sold once: by MAG on 7 January 2018 for AED 582,000, or AED 875 per sqft.
- Rented since February 2020 on one Ejari contract, at AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2018 price is 6.0%, before a service charge of about AED 9,900 a year (AED 14.96 per sqft).
Source: Dubai Land Department. Updated 2 February 2020.
Questions about 110, MAG 555
What did unit 110 last sell for?
AED 582,000 on 7 January 2018, sold by the developer: AED 875 per sqft for 665 sqft. It is the only registered sale of the unit.
What is the rent for unit 110?
AED 35,000 a year on the contract signed on 2 February 2020.
How big is unit 110?
665 sqft (61.8 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 110 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 110, MAG 555
Starts from the last sale price (AED 582K, 7 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 582,000
- Deposit, UAE resident (20%)
- AED 116,400
- Deposit, non-resident (40%)
- AED 232,800
- Monthly over 25 years at 3.7%
- AED 2,381
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →