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1-bed · 638 sqftMAG 555, Dubai South · 1st floor · completed 2020

114, MAG 555

Sold prices and rental history: sold twice, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 114 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 475K23 April 2024
Current rentAED 55K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 114, MAG 555

What is 114 worth today?

Last sold for AED 475,000 in 2024

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1 Sep 2026RentedNew contract
AED 54,848/yr12 months · AED 86 per sqft
23 Apr 2024SoldReady
AED 475,000AED 744 per sqft
30 Jan 2023Sold by developerReady
AED 455,485AED 714 per sqft
19 Jul 2022RentedRenewal
AED 22,000/yr12 months · AED 35 per sqft
19 Jul 2021RentedNew contract
AED 22,000/yr12 months · AED 35 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
1st of 6
Parking
G-14
Developer
MAG
Completed
2020
Service charge
AED 9,500 /yr
Last sold
AED 475K · April 2024
Building
MAG 555

About 114, MAG 555

114 is a one-bedroom apartment of 638 sqft on the 1st floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 23 April 2024 for AED 475,000, or AED 744 per sqft, 19% below the AED 922 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 September 2026, is AED 54,848 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 9,500 a year.

Sales and rents for 114 over time

Sales
Unit 114, 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, January 2023: AED 455,485 (AED 714 per sqft)Sold, April 2024: AED 475,000 (AED 744 per sqft)

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

Rents
Unit 114, each contractTypical one-bed in MAG 555
20K40K60K201920222025Typical 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, July 2021: AED 22,000 a yearRenewal, July 2022: AED 22,000 a yearNew contract, September 2026: AED 54,848 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 114 sits

All 57 1-beds →

114 last sold in April 2024 at AED 744 per sqft, 19% below what one-beds in MAG 555 were fetching at the time (AED 922). 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. 114's AED 54,848 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

114, MAG 555 in numbers

  • Sold twice: first on 30 January 2023 for AED 455,485, last on 23 April 2024 for AED 475,000 (AED 744 per sqft).
  • Rented since July 2021 on 3 Ejari contracts, from AED 22,000 to AED 54,848 a year.
  • At AED 54,848 a year the gross yield on the 2024 price is 11.6%, before a service charge of about AED 9,500 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 114, MAG 555

What did unit 114 last sell for?

AED 475,000 on 23 April 2024: AED 744 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 455,485 in January 2023.

What is the rent for unit 114?

AED 54,848 a year on the contract signed on 1 September 2026. The previous contract, from July 2022, was AED 22,000; the unit has been rented since July 2021.

How big is unit 114?

638 sqft (59.3 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 114 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.

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Mortgage on 114, MAG 555

Starts from the last sale price (AED 475K, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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