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1-bed · 514 sqftMAG 555, Dubai South · 1st floor · completed 2020

120, MAG 555

Sold prices and rental history: sold once, by the developer in February 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 120 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 472K26 February 2020
Current rentAED 45K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 120, MAG 555

What is 120 worth today?

Last sold for AED 472,000 in 2020

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10 Feb 2025RentedNew contract
AED 45,000/yr12 months · AED 88 per sqft
15 Sep 2024RentedNew contract
AED 45,000/yr12 months · AED 87 per sqft
1 Sep 2023RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
15 May 2023RentedNew contract
AED 21,176/yr13 months · AED 41 per sqft
5 Apr 2021RentedNew contract
AED 23,000/yr13 months · AED 45 per sqft
26 Feb 2020Sold by developerOff-plan
AED 472,000AED 918 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
1st of 6
Parking
G-20
Developer
MAG
Completed
2020
Service charge
AED 7,700 /yr
Last sold
AED 472K · February 2020
Building
MAG 555

About 120, MAG 555

120 is a one-bedroom apartment of 514 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 26 February 2020 for AED 472,000, or AED 918 per sqft, 9% above the AED 839 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 10 February 2025, is AED 45,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 7,700 a year.

Sales and rents for 120 over time

Sales
Unit 120, 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 2020: AED 472,000 (AED 918 per sqft)

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

Rents
Unit 120, each contractTypical one-bed in MAG 555
20K40K20192021202320252027Typical 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, April 2021: AED 23,000 a yearNew contract, May 2023: AED 21,176 a yearNew contract, September 2023: AED 36,000 a yearNew contract, September 2024: AED 45,000 a yearNew contract, February 2025: AED 45,000 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 120 sits

All 57 1-beds →

120 last sold in February 2020 at AED 918 per sqft, 9% above what one-beds in MAG 555 were fetching at the time (AED 839). 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. 120's AED 45,000 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

120, MAG 555 in numbers

  • Sold once: by MAG on 26 February 2020 for AED 472,000, or AED 918 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 23,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 7,700 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 10 February 2025.

Questions about 120, MAG 555

What did unit 120 last sell for?

AED 472,000 on 26 February 2020, sold by the developer: AED 918 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 120?

AED 45,000 a year on the contract signed on 10 February 2025. The previous contract, from September 2024, was AED 45,000; the unit has been rented since April 2021.

How big is unit 120?

514 sqft (47.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 120 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 120, MAG 555

Starts from the last sale price (AED 472K, 26 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 472,000
Deposit, UAE resident (20%)
AED 94,400
Deposit, non-resident (40%)
AED 188,800
Monthly over 25 years at 3.7%
AED 1,931

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