Home
Dubai prices
About
Research
1-bed · 622 sqftMAG 555, Dubai South · 1st floor · completed 2020

113, MAG 555

Sold prices and rental history: sold once, by the developer in February 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 445K21 February 2023
Current rentAED 54K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 113

Property timeline for 113, MAG 555

What is 113 worth today?

Last sold for AED 444,548 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Sep 2026RentedRenewal
AED 54,000/yr12 months · AED 86 per sqft
1 Sep 2025RentedNew contract
AED 54,000/yr12 months · AED 86 per sqft
21 Feb 2023Sold by developerReady
AED 444,548AED 714 per sqft
15 Aug 2021RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
1st of 6
Parking
G-13
Developer
MAG
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 445K · February 2023
Building
MAG 555

About 113, MAG 555

113 is a one-bedroom apartment of 622 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 21 February 2023 for AED 444,548, or AED 714 per sqft, in line with the AED 714 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 September 2026, is AED 54,000 a year: a gross yield of 12.2% on the 2023 price, before the service charge of about AED 9,300 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical one-bed in MAG 555
400K600K2017202020232026Typical sale price by year: 2017 AED 447,746; 2018 AED 458,000; 2019 AED 488,223; 2020 AED 450,000; 2022 AED 365,000; 2023 AED 450,017; 2024 AED 450,000; 2025 AED 625,000; 2026 AED 600,000Sold by developer, February 2023: AED 444,548 (AED 714 per sqft)

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

Rents
Unit 113, each contractTypical one-bed in MAG 555
20K40K201920222025Typical rent by year: 2019 AED 24,500; 2020 AED 24,000; 2021 AED 24,000; 2022 AED 25,500; 2023 AED 31,000; 2024 AED 40,000; 2025 AED 46,500; 2026 AED 48,000New contract, August 2021: AED 25,000 a yearNew contract, September 2025: AED 54,000 a yearRenewal, September 2026: AED 54,000 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 113 sits

All 57 1-beds →

113 last sold in February 2023 at AED 714 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 714). Over the last 12 months one-beds sold for AED 590,000 to 682,000, around AED 1,233 per sqft, and rent for AED 12,000 to 60,000 a year. 113's AED 54,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026590,000
22 Oct 2026590,000
4 Sep 2026600,000
18 Aug 2026682,000
9 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. 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

113, MAG 555 in numbers

  • Sold once: by MAG on 21 February 2023 for AED 444,548, or AED 714 per sqft.
  • Rented since August 2021 on 3 Ejari contracts, from AED 25,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2023 price is 12.2%, before a service charge of about AED 9,300 a year (AED 14.96 per sqft).
  • One-beds in MAG 555 sold for AED 590,000–682,000 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 September 2026.

Questions about 113, MAG 555

What did unit 113 last sell for?

AED 444,548 on 21 February 2023, sold by the developer: AED 714 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 113?

AED 54,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 54,000; the unit has been rented since August 2021.

How big is unit 113?

622 sqft (57.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 113 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 590,000 to 682,000 in the last 12 months, around AED 1,233 per sqft.

Selling 113? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 113, MAG 555

Starts from the last sale price (AED 445K, 21 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 444,548
Deposit, UAE resident (20%)
AED 88,910
Deposit, non-resident (40%)
AED 177,819
Monthly over 25 years at 3.7%
AED 1,819

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