Studio · 347 sqftMAG 555, Dubai South · 2nd floor · completed 2020

208, MAG 555

Sold prices and rental history: sold 4 times, last in February 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 16 February 2026
Last soldAED 540K16 February 2026
Current rentAED 20K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, MAG 555

What is 208 worth today?

Last sold for AED 540,000 in 2026

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16 Feb 2026SoldReady
AED 540,000AED 1,554 per sqft
22 Dec 2023SoldReady
AED 390,000AED 1,122 per sqft
18 Jan 2023SoldReady
AED 260,000AED 748 per sqft
25 Mar 2022RentedNew contract
AED 20,000/yr12 months · AED 58 per sqft
20 Sep 2021RentedNew contract
AED 16,000/yr12 months · AED 46 per sqft
1 Feb 2021RentedNew contract
AED 16,000/yr12 months · AED 46 per sqft
15 Feb 2020RentedNew contract
AED 19,000/yr12 months · AED 55 per sqft
10 Apr 2019Sold by developerOff-plan
AED 320,000AED 921 per sqft

Source: Dubai Land Department. Updated 16 February 2026.

Key facts

Type
Studio apartment
Size
347 sqft
Floor
2nd of 6
Parking
G-72
Developer
MAG
Completed
2020
Service charge
AED 5,200 /yr
Last sold
AED 540K · February 2026
Building
MAG 555

About 208, MAG 555

208 is a studio of 347 sqft on the 2nd floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 16 February 2026 for AED 540,000, or AED 1,554 per sqft, 28% above the AED 1,218 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 25 March 2022, is AED 20,000 a year: a gross yield of 3.7% on the 2026 price, before the service charge of about AED 5,200 a year.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in MAG 555
400K2017202020232026Typical sale price by year: 2017 AED 353,035; 2018 AED 365,000; 2019 AED 374,555; 2020 AED 316,750; 2023 AED 300,000; 2024 AED 400,000; 2025 AED 425,000; 2026 AED 473,500Sold by developer, April 2019: AED 320,000 (AED 921 per sqft)Sold, January 2023: AED 260,000 (AED 748 per sqft)Sold, December 2023: AED 390,000 (AED 1,122 per sqft)Sold, February 2026: AED 540,000 (AED 1,554 per sqft)

208 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 208, each contractTypical studio in MAG 555
20K40K20192021202320252027Typical rent by year: 2019 AED 25,000; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 25,000; 2024 AED 34,000; 2025 AED 40,000; 2026 AED 39,000New contract, February 2020: AED 19,000 a yearNew contract, February 2021: AED 16,000 a yearNew contract, September 2021: AED 16,000 a yearNew contract, March 2022: AED 20,000 a year

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 208 sits

All 60 studios →

208 last sold in February 2026 at AED 1,554 per sqft, 28% above what studios in MAG 555 were fetching at the time (AED 1,218). 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. 208's AED 20,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
30 Jan 2026480,000
19 Sep 2025400,000
4 studio 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
2041-bedAED 350K · Jun 2024
2052-bedAED 560K · Nov 2017
2061-bedAED 47K · Jul 2026
207StudioAED 351K · Aug 2017
1–7 of 19

208, MAG 555 in numbers

  • Sold 4 times: first on 10 April 2019 for AED 320,000, last on 16 February 2026 for AED 540,000 (AED 1,554 per sqft).
  • Rented since February 2020 on 4 Ejari contracts. The rent fell from AED 19,000 to AED 16,000 in 2021 and recovered to AED 20,000 by March 2022.
  • At AED 20,000 a year the gross yield on the 2026 price is 3.7%, before a service charge of about AED 5,200 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 16 February 2026.

Questions about 208, MAG 555

What did unit 208 last sell for?

AED 540,000 on 16 February 2026: AED 1,554 per sqft for 347 sqft. The unit has 4 registered sales; the first was AED 320,000 in April 2019.

What is the rent for unit 208?

AED 20,000 a year on the contract signed on 25 March 2022. The previous contract, from September 2021, was AED 16,000; the unit has been rented since February 2020.

How big is unit 208?

347 sqft (32.2 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 208 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 208, MAG 555

Starts from the last sale price (AED 540K, 16 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

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