117, MAG 555
Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 117, MAG 555
What is 117 worth today?
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Source: Dubai Land Department. Updated 19 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 1st of 6
- Parking
- G-17
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,500 /yr
- Last sold
- AED 399K · April 2018
- Building
- MAG 555
About 117, MAG 555
117 is a studio of 437 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 9 April 2018 for AED 399,000, or AED 913 per sqft, in line with the AED 917 studios in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 19 May 2026, is AED 38,000 a year: a gross yield of 9.5% on the 2018 price, before the service charge of about AED 6,500 a year.
Sales and rents for 117 over time
117 has sold once; the dashed line is the studio median of each year in the building.
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 117 sits
All 60 studios →117 last sold in April 2018 at AED 913 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. 117's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 347 sqft | 445,000 | 1,281 | ||
| 4 Jun 20264 June 2026 | 360 sqft | 467,000 | 1,297 | ||
| 16 Feb 202616 February 2026 | 347 sqft | 540,000 | 1,554 | ||
| 30 Jan 202630 January 2026 | 365 sqft | 480,000 | 1,315 |
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 | |
| 110 | 2-bed | 665 sqft | AED 582KAED 582,000 · Jan 2018January 2018 | 35,000 /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 | |
| 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 |
117, MAG 555 in numbers
- Sold once: by MAG on 9 April 2018 for AED 399,000, or AED 913 per sqft.
- Rented since March 2021 on 4 Ejari contracts, from AED 18,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2018 price is 9.5%, before a service charge of about AED 6,500 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 19 May 2026.
Questions about 117, MAG 555
What did unit 117 last sell for?
AED 399,000 on 9 April 2018, sold by the developer: AED 913 per sqft for 437 sqft. It is the only registered sale of the unit.
What is the rent for unit 117?
AED 38,000 a year on the contract signed on 19 May 2026. The previous contract, from April 2025, was AED 36,000; the unit has been rented since March 2021.
How big is unit 117?
437 sqft (40.6 sqm): a studio on the 1st floor of a 6-storey tower completed in 2020.
What is unit 117 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 117, MAG 555
Starts from the last sale price (AED 399K, 9 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 399,000
- Deposit, UAE resident (20%)
- AED 79,800
- Deposit, non-resident (40%)
- AED 159,600
- Monthly over 25 years at 3.7%
- AED 1,632
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →