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2-bed · 666 sqftMAG 555, Dubai South · 3rd floor · completed 2020

305, MAG 555

Sold prices and rental history: sold once, by the developer in September 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 17 September 2017
Last soldAED 595K17 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, MAG 555

What is 305 worth today?

Last sold for AED 595,000 in 2017

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17 Sep 2017Sold by developerOff-plan
AED 595,000AED 892 per sqft

Source: Dubai Land Department. Updated 17 September 2017.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
3rd of 6
Parking
G-49
Developer
MAG
Completed
2020
Service charge
AED 10,000 /yr
Last sold
AED 595K · September 2017
Building
MAG 555

About 305, MAG 555

305 is a two-bedroom apartment of 666 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 17 September 2017 for AED 595,000, or AED 892 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in MAG 555
580K590K2017201820192020Typical sale price by year: 2017 AED 577,500; 2018 AED 580,000; 2019 AED 594,950Sold by developer, September 2017: AED 595,000 (AED 892 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in MAG 555
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 30,000; 2022 AED 33,500; 2023 AED 48,000; 2024 AED 60,000; 2025 AED 62,000; 2026 AED 64,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 555, and where 305 sits

All 12 2-beds →
Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 2023555,000
28 Dec 2022413,460
15 Jul 2021469,388
7 Nov 2019497,000
0 2-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
3041-bedAED 439K · Aug 2017
3061-bedAED 445K · Aug 2017
307StudioAED 372K · Jan 2018
308StudioAED 330K · Aug 2017
1–7 of 21

305, MAG 555 in numbers

  • Sold once: by MAG on 17 September 2017 for AED 595,000, or AED 892 per sqft.

Source: Dubai Land Department. Updated 17 September 2017.

Questions about 305, MAG 555

What did unit 305 last sell for?

AED 595,000 on 17 September 2017, sold by the developer: AED 892 per sqft for 666 sqft. It is the only registered sale of the unit.

How big is unit 305?

666 sqft (61.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 305 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 305, MAG 555

Starts from the last sale price (AED 595K, 17 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 595,000
Deposit, UAE resident (20%)
AED 119,000
Deposit, non-resident (40%)
AED 238,000
Monthly over 25 years at 3.7%
AED 2,434

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