1-bed · 478 sqftMAG 555, Dubai South · 3rd floor · completed 2020

304, MAG 555

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 439K14 August 2017
Current rentAED 45K /yr7 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, MAG 555

What is 304 worth today?

Last sold for AED 438,832 in 2017

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7 Aug 2026RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
1 Aug 2025RentedRenewal
AED 44,000/yr12 months · AED 93 per sqft
1 Aug 2024RentedNew contract
AED 44,000/yr12 months · AED 93 per sqft
22 Jun 2023RentedRenewal
AED 25,500/yr12 months · AED 54 per sqft
22 Jun 2022RentedRenewal
AED 23,500/yr12 months · AED 50 per sqft
22 Jun 2021RentedRenewal
AED 23,500/yr12 months · AED 50 per sqft
22 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
14 Aug 2017Sold by developerOff-plan
AED 438,832AED 917 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
3rd of 6
Parking
G-48
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 439K · August 2017
Building
MAG 555

About 304, MAG 555

304 is a one-bedroom apartment of 478 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 14 August 2017 for AED 438,832, or AED 917 per sqft, in line with the AED 916 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 7 August 2026, is AED 45,000 a year: a gross yield of 10.3% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 2017: AED 438,832 (AED 917 per sqft)

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

Rents
Unit 304, 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 48,000New contract, June 2020: AED 24,000 a yearRenewal, June 2021: AED 23,500 a yearRenewal, June 2022: AED 23,500 a yearRenewal, June 2023: AED 25,500 a yearNew contract, August 2024: AED 44,000 a yearRenewal, August 2025: AED 44,000 a yearNew contract, August 2026: AED 45,000 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 304 sits

All 57 1-beds →

304 last sold in August 2017 at AED 917 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 916). 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. 304's AED 45,000 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 3rd floor

All 129 units in MAG 555
Value
3011-bedAED 554K · Oct 2017
302StudioAED 356K · Jul 2017
303StudioAED 338K · Jan 2018
3052-bedAED 595K · Sep 2017
3061-bedAED 445K · Aug 2017
307StudioAED 372K · Jan 2018
308StudioAED 330K · Aug 2017
1–7 of 21

304, MAG 555 in numbers

  • Sold once: by MAG on 14 August 2017 for AED 438,832, or AED 917 per sqft.
  • Rented since June 2020 on 7 Ejari contracts, from AED 24,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 10.3%, 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 7 August 2026.

Questions about 304, MAG 555

What did unit 304 last sell for?

AED 438,832 on 14 August 2017, sold by the developer: AED 917 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 45,000 a year on the contract signed on 7 August 2026. The previous contract, from August 2025, was AED 44,000; the unit has been rented since June 2020.

How big is unit 304?

478 sqft (44.4 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 304 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 304, MAG 555

Starts from the last sale price (AED 439K, 14 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 438,832
Deposit, UAE resident (20%)
AED 87,766
Deposit, non-resident (40%)
AED 175,533
Monthly over 25 years at 3.7%
AED 1,795

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