1-bed · 622 sqftMAG 555, Dubai South · 2nd floor · completed 2020

213, MAG 555

Sold prices and rental history: sold once, by the developer in August 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 486K27 August 2019
Current rentAED 33K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, MAG 555

What is 213 worth today?

Last sold for AED 486,445 in 2019

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1 Dec 2024RentedNew contract
AED 33,000/yr12 months · AED 53 per sqft
1 Dec 2021RentedRenewal
AED 24,500/yr12 months · AED 39 per sqft
1 Dec 2020RentedNew contract
AED 24,500/yr12 months · AED 39 per sqft
27 Aug 2019Sold by developerOff-plan
AED 486,445AED 781 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
2nd of 6
Parking
G-35
Developer
MAG
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 486K · August 2019
Building
MAG 555

About 213, MAG 555

213 is a one-bedroom apartment of 622 sqft on the 2nd floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 27 August 2019 for AED 486,445, or AED 781 per sqft, in line with the AED 799 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 December 2024, is AED 33,000 a year: a gross yield of 6.8% on the 2019 price, before the service charge of about AED 9,300 a year.

Sales and rents for 213 over time

Sales
Unit 213, 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, August 2019: AED 486,445 (AED 781 per sqft)

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

Rents
Unit 213, 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, December 2020: AED 24,500 a yearRenewal, December 2021: AED 24,500 a yearNew contract, December 2024: AED 33,000 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 213 sits

All 57 1-beds →

213 last sold in August 2019 at AED 781 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 799). 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. 213's AED 33,000 is in the lower 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
2041-bedAED 350K · Jun 2024
2052-bedAED 560K · Nov 2017
2061-bedAED 47K · Jul 2026
207StudioAED 351K · Aug 2017
1–7 of 19

213, MAG 555 in numbers

  • Sold once: by MAG on 27 August 2019 for AED 486,445, or AED 781 per sqft.
  • Rented since December 2020 on 3 Ejari contracts, from AED 24,500 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2019 price is 6.8%, before a service charge of about AED 9,300 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 December 2024.

Questions about 213, MAG 555

What did unit 213 last sell for?

AED 486,445 on 27 August 2019, sold by the developer: AED 781 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 213?

AED 33,000 a year on the contract signed on 1 December 2024. The previous contract, from December 2021, was AED 24,500; the unit has been rented since December 2020.

How big is unit 213?

622 sqft (57.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 213 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 213, MAG 555

Starts from the last sale price (AED 486K, 27 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 486,445
Deposit, UAE resident (20%)
AED 97,289
Deposit, non-resident (40%)
AED 194,578
Monthly over 25 years at 3.7%
AED 1,990

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