1-bed · 478 sqftMAG 555, Dubai South · 2nd floor · completed 2020

204, MAG 555

Sold prices and rental history: sold twice, last in June 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 22 August 2026
Last soldAED 350K24 June 2024
Current rentAED 46K /yr22 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, MAG 555

What is 204 worth today?

Last sold for AED 350,000 in 2024

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22 Aug 2026RentedNew contract
AED 46,000/yr12 months · AED 96 per sqft
22 Aug 2025RentedRenewal
AED 45,000/yr12 months · AED 95 per sqft
24 Jun 2024SoldReady
AED 350,000AED 731 per sqft
24 Dec 2020Sold by developerReady
AED 422,675AED 883 per sqft

Source: Dubai Land Department. Updated 22 August 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
2nd of 6
Parking
G-26
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 350K · June 2024
Building
MAG 555

About 204, MAG 555

204 is a one-bedroom apartment of 478 sqft on the 2nd floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 June 2024 for AED 350,000, or AED 731 per sqft, 17% below the AED 879 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 22 August 2026, is AED 46,000 a year: a gross yield of 13.1% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, December 2020: AED 422,675 (AED 883 per sqft)Sold, June 2024: AED 350,000 (AED 731 per sqft)

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

Rents
Unit 204, 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 48,000Renewal, August 2025: AED 45,000 a yearNew contract, August 2026: AED 46,000 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 204 sits

All 57 1-beds →

204 last sold in June 2024 at AED 731 per sqft, 17% below what one-beds in MAG 555 were fetching at the time (AED 879). 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. 204's AED 46,000 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 2nd floor

All 129 units in MAG 555
Value
2011-bedAED 414K · Nov 2021
202StudioAED 375K · Jun 2024
203StudioAED 365K · Jul 2024
2052-bedAED 560K · Nov 2017
2061-bedAED 47K · Jul 2026
207StudioAED 351K · Aug 2017
208StudioAED 540K · Feb 2026
1–7 of 19

204, MAG 555 in numbers

  • Sold twice: first on 24 December 2020 for AED 422,675, last on 24 June 2024 for AED 350,000 (AED 731 per sqft).
  • Rented since August 2025 on 2 Ejari contracts, from AED 45,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2024 price is 13.1%, before a service charge of about AED 7,200 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 22 August 2026.

Questions about 204, MAG 555

What did unit 204 last sell for?

AED 350,000 on 24 June 2024: AED 731 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 422,675 in December 2020.

What is the rent for unit 204?

AED 46,000 a year on the contract signed on 22 August 2026. The previous contract, from August 2025, was AED 45,000.

How big is unit 204?

478 sqft (44.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 204 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 204, MAG 555

Starts from the last sale price (AED 350K, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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