308, 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.
Property timeline for 308, MAG 555
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- Studio apartment
- Size
- 347 sqft
- Floor
- 3rd of 6
- Parking
- G-52
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,200 /yr
- Last sold
- AED 330K · August 2017
- Building
- MAG 555
About 308, MAG 555
308 is a studio of 347 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 29 August 2017 for AED 330,000, or AED 950 per sqft, 4% above the AED 910 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 33,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 5,200 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the studio median of each year in the building.
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 308 sits
All 60 studios →308 last sold in August 2017 at AED 950 per sqft, 4% above what studios in MAG 555 were fetching at the time (AED 910). 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. 308's AED 33,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 347 sqft | 445,000 | 1,281 | ||
| 4 Jun 20264 June 2026 | 360 sqft | 467,000 | 1,297 | ||
| 16 Feb 202616 February 2026 | 347 sqft | 540,000 | 1,554 | ||
| 30 Jan 202630 January 2026 | 365 sqft | 480,000 | 1,315 |
MAG 555
Building129 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%
Other units on the 3rd floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 554KAED 553,800 · Oct 2017October 2017 | 58,000 /yr | |
| 302 | Studio | 387 sqft | AED 356KAED 355,710 · Jul 2017July 2017 | 34,000 /yr | |
| 303 | Studio | 365 sqft | AED 338KAED 338,000 · Jan 2018January 2018 | 39,000 /yr | |
| 304 | 1-bed | 478 sqft | AED 439KAED 438,832 · Aug 2017August 2017 | 45,000 /yr | |
| 305 | 2-bed | 666 sqft | AED 595KAED 595,000 · Sep 2017September 2017 | ||
| 306 | 1-bed | 483 sqft | AED 445KAED 445,168 · Aug 2017August 2017 | 40,000 /yr | |
| 307 | Studio | 387 sqft | AED 372KAED 372,000 · Jan 2018January 2018 | 35,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 605KAED 605,000 · Feb 2026February 2026 | 59,000 /yr | |
| 310 | 2-bed | 665 sqft | AED 469KAED 469,388 · Jul 2021July 2021 | 65,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 450KAED 450,000 · Oct 2017October 2017 | 12,000 /yr | |
| 312 | 1-bed | 656 sqft | AED 565KAED 565,343 · Sep 2017September 2017 | 40,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 510KAED 510,000 · Dec 2020December 2020 | ||
| 314 | 1-bed | 638 sqft | AED 650KAED 650,000 · May 2025May 2025 | 53,000 /yr | |
| 315 | Studio | 410 sqft | AED 365KAED 365,000 · Jan 2018January 2018 | 43,000 /yr | |
| 316 | Studio | 410 sqft | AED 365KAED 365,000 · Jul 2018July 2018 | 39,000 /yr | |
| 317 | Studio | 437 sqft | AED 400KAED 400,000 · May 2019May 2019 | ||
| 318 | Studio | 437 sqft | AED 325KAED 325,000 · Jul 2023July 2023 | 20,500 /yr | |
| 319 | 1-bed | 514 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 42,000 /yr | |
| 320 | 1-bed | 514 sqft | AED 443KAED 443,000 · Jun 2018June 2018 | 46,000 /yr | |
| 321 | Studio | 360 sqft | AED 330KAED 330,000 · Jan 2018January 2018 | 40,000 /yr | |
| 322 | Studio | 360 sqft | AED 320KAED 320,000 · Aug 2017August 2017 | 38,000 /yr |
308, MAG 555 in numbers
- Sold once: by MAG on 29 August 2017 for AED 330,000, or AED 950 per sqft.
- Rented since February 2020 on 7 Ejari contracts, from AED 18,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2017 price is 10.0%, before a service charge of about AED 5,200 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 1 September 2026.
Questions about 308, MAG 555
What did unit 308 last sell for?
AED 330,000 on 29 August 2017, sold by the developer: AED 950 per sqft for 347 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 33,000 a year on the contract signed on 1 September 2026. The previous contract, from February 2024, was AED 26,000; the unit has been rented since February 2020.
How big is unit 308?
347 sqft (32.2 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 308 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 308, MAG 555
Starts from the last sale price (AED 330K, 29 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 330,000
- Deposit, UAE resident (20%)
- AED 66,000
- Deposit, non-resident (40%)
- AED 132,000
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →