1-bed · 483 sqftMAG 555, Dubai South · 3rd floor · completed 2020

306, 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 306 · DLD and Ejari recordsUpdated 29 May 2026
Last soldAED 445K14 August 2017
Current rentAED 40K /yr29 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, MAG 555

What is 306 worth today?

Last sold for AED 445,168 in 2017

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29 May 2026RentedRenewal
AED 40,000/yr12 months · AED 83 per sqft
29 May 2025RentedRenewal
AED 37,000/yr12 months · AED 76 per sqft
29 May 2024RentedRenewal
AED 35,000/yr12 months · AED 72 per sqft
29 May 2023RentedNew contract
AED 31,000/yr12 months · AED 64 per sqft
26 Apr 2022RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
12 Dec 2021RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft
1 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft
14 Aug 2017Sold by developerOff-plan
AED 445,168AED 921 per sqft

Source: Dubai Land Department. Updated 29 May 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
3rd of 6
Parking
G-50
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 445K · August 2017
Building
MAG 555

About 306, MAG 555

306 is a one-bedroom apartment of 483 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 445,168, or AED 921 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, renewed on 29 May 2026, is AED 40,000 a year: a gross yield of 9.0% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 445,168 (AED 921 per sqft)

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

Rents
Unit 306, 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, October 2020: AED 23,000 a yearNew contract, December 2021: AED 23,000 a yearNew contract, April 2022: AED 25,000 a yearNew contract, May 2023: AED 31,000 a yearRenewal, May 2024: AED 35,000 a yearRenewal, May 2025: AED 37,000 a yearRenewal, May 2026: AED 40,000 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 306 sits

All 57 1-beds →

306 last sold in August 2017 at AED 921 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. 306's AED 40,000 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
3041-bedAED 439K · Aug 2017
3052-bedAED 595K · Sep 2017
307StudioAED 372K · Jan 2018
308StudioAED 330K · Aug 2017
1–7 of 21

306, MAG 555 in numbers

  • Sold once: by MAG on 14 August 2017 for AED 445,168, or AED 921 per sqft.
  • Rented since October 2020 on 7 Ejari contracts, from AED 23,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 9.0%, 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 29 May 2026.

Questions about 306, MAG 555

What did unit 306 last sell for?

AED 445,168 on 14 August 2017, sold by the developer: AED 921 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 40,000 a year on the contract renewed on 29 May 2026. The previous contract, from May 2025, was AED 37,000; the unit has been rented since October 2020.

How big is unit 306?

483 sqft (44.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 306 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 306, MAG 555

Starts from the last sale price (AED 445K, 14 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 445,168
Deposit, UAE resident (20%)
AED 89,034
Deposit, non-resident (40%)
AED 178,067
Monthly over 25 years at 3.7%
AED 1,821

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