Studio · 360 sqftMAG 555, Dubai South · 2nd floor · completed 2020

222, MAG 555

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 222 · DLD and Ejari recordsUpdated 27 May 2026
Last soldAED 328K6 March 2018
Current rentAED 38K /yr27 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 222, MAG 555

What is 222 worth today?

Last sold for AED 328,375 in 2018

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27 May 2026RentedNew contract
AED 38,000/yr12 months · AED 106 per sqft
10 Nov 2024RentedRenewal
AED 32,000/yr12 months · AED 89 per sqft
6 Mar 2018Sold by developerOff-plan
AED 328,375AED 912 per sqft

Source: Dubai Land Department. Updated 27 May 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
2nd of 6
Parking
G-116
Developer
MAG
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 328K · March 2018
Building
MAG 555

About 222, MAG 555

222 is a studio of 360 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 6 March 2018 for AED 328,375, or AED 912 per sqft, in line with the AED 917 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 27 May 2026, is AED 38,000 a year: a gross yield of 11.6% on the 2018 price, before the service charge of about AED 5,400 a year.

Sales and rents for 222 over time

Sales
Unit 222, each saleTypical studio in MAG 555
300K400K500K2017202020232026Typical 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, March 2018: AED 328,375 (AED 912 per sqft)

222 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 222, each contractTypical studio in MAG 555
20K30K40K20192021202320252027Typical 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 39,000Renewal, November 2024: AED 32,000 a yearNew contract, May 2026: AED 38,000 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 222 sits

All 60 studios →

222 last sold in March 2018 at AED 912 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. 222's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
30 Jan 2026480,000
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

222, MAG 555 in numbers

  • Sold once: by MAG on 6 March 2018 for AED 328,375, or AED 912 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, from AED 32,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 11.6%, before a service charge of about AED 5,400 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 27 May 2026.

Questions about 222, MAG 555

What did unit 222 last sell for?

AED 328,375 on 6 March 2018, sold by the developer: AED 912 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 222?

AED 38,000 a year on the contract signed on 27 May 2026. The previous contract, from November 2024, was AED 32,000.

How big is unit 222?

360 sqft (33.4 sqm): a studio on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 222 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 222, MAG 555

Starts from the last sale price (AED 328K, 6 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 328,375
Deposit, UAE resident (20%)
AED 65,675
Deposit, non-resident (40%)
AED 131,350
Monthly over 25 years at 3.7%
AED 1,343

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