Studio · 365 sqftMAG 555, Dubai South · 3rd floor · completed 2020

303, MAG 555

Sold prices and rental history: sold once, by the developer in January 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 338K7 January 2018
Current rentAED 39K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, MAG 555

What is 303 worth today?

Last sold for AED 338,000 in 2018

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25 Aug 2025RentedNew contract
AED 39,000/yr12 months · AED 107 per sqft
17 Aug 2023RentedNew contract
AED 26,000/yr12 months · AED 71 per sqft
21 Jan 2021RentedNew contract
AED 18,000/yr12 months · AED 49 per sqft
7 Jan 2018Sold by developerOff-plan
AED 338,000AED 926 per sqft

Source: Dubai Land Department. Updated 25 August 2025.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
3rd of 6
Parking
G-77
Developer
MAG
Completed
2020
Service charge
AED 5,500 /yr
Last sold
AED 338K · January 2018
Building
MAG 555

About 303, MAG 555

303 is a studio of 365 sqft on the 3rd floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 January 2018 for AED 338,000, or AED 926 per sqft, in line with the AED 917 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 25 August 2025, is AED 39,000 a year: a gross yield of 11.5% on the 2018 price, before the service charge of about AED 5,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, 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, January 2018: AED 338,000 (AED 926 per sqft)

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

Rents
Unit 303, 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 39,000New contract, January 2021: AED 18,000 a yearNew contract, August 2023: AED 26,000 a yearNew contract, August 2025: AED 39,000 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 303 sits

All 60 studios →

303 last sold in January 2018 at AED 926 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. 303's AED 39,000 is in the upper 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 3rd floor

All 129 units in MAG 555
Value
3011-bedAED 554K · Oct 2017
302StudioAED 356K · Jul 2017
3041-bedAED 439K · Aug 2017
3052-bedAED 595K · Sep 2017
3061-bedAED 445K · Aug 2017
307StudioAED 372K · Jan 2018
308StudioAED 330K · Aug 2017
1–7 of 21

303, MAG 555 in numbers

  • Sold once: by MAG on 7 January 2018 for AED 338,000, or AED 926 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 18,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2018 price is 11.5%, before a service charge of about AED 5,500 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 25 August 2025.

Questions about 303, MAG 555

What did unit 303 last sell for?

AED 338,000 on 7 January 2018, sold by the developer: AED 926 per sqft for 365 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 39,000 a year on the contract signed on 25 August 2025. The previous contract, from August 2023, was AED 26,000; the unit has been rented since January 2021.

How big is unit 303?

365 sqft (33.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 303 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 303, MAG 555

Starts from the last sale price (AED 338K, 7 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 338,000
Deposit, UAE resident (20%)
AED 67,600
Deposit, non-resident (40%)
AED 135,200
Monthly over 25 years at 3.7%
AED 1,383

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