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

311, MAG 555

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

Unit 311 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 450K4 October 2017
Current rentAED 33K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311, MAG 555

What is 311 worth today?

Last sold for AED 450,000 in 2017

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1 Jan 2026RentedRenewal
AED 32,890/yr12 months · AED 69 per sqft
1 Jan 2026RentedRenewal
AED 12,000/yr12 months · AED 25 per sqft
1 Jan 2025RentedRenewal
AED 29,900/yr12 months · AED 63 per sqft
1 Jan 2024RentedRenewal
AED 26,000/yr12 months · AED 55 per sqft
1 Jan 2023RentedNew contract
AED 26,000/yr12 months · AED 54 per sqft
1 Feb 2022RentedNew contract
AED 25,000/yr12 months · AED 52 per sqft
25 Jan 2021RentedRenewal
AED 24,000/yr12 months · AED 50 per sqft
25 Jan 2020RentedNew contract
AED 22,500/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
3rd of 6
Parking
G-32
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 450K · October 2017
Building
MAG 555

About 311, MAG 555

311 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 4 October 2017 for AED 450,000, or AED 931 per sqft, in line with the AED 919 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 32,890 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 311 over time

Sales
Unit 311, 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, October 2017: AED 450,000 (AED 931 per sqft)

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

Rents
Unit 311, 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, January 2020: AED 22,500 a yearRenewal, January 2021: AED 24,000 a yearNew contract, February 2022: AED 25,000 a yearNew contract, January 2023: AED 26,000 a yearRenewal, January 2024: AED 26,000 a yearRenewal, January 2025: AED 29,900 a yearRenewal, January 2026: AED 32,890 a yearRenewal, January 2026: AED 12,000 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 311 sits

All 57 1-beds →

311 last sold in October 2017 at AED 931 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 919). 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. 311's AED 32,890 is in the lower 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
3061-bedAED 445K · Aug 2017
307StudioAED 372K · Jan 2018
1–7 of 21

311, MAG 555 in numbers

  • Sold once: by MAG on 4 October 2017 for AED 450,000, or AED 931 per sqft.
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 22,500 to AED 12,000 in 2026 and recovered to AED 32,890 by January 2026.
  • At AED 32,890 a year the gross yield on the 2017 price is 7.3%, 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 1 January 2026.

Questions about 311, MAG 555

What did unit 311 last sell for?

AED 450,000 on 4 October 2017, sold by the developer: AED 931 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 311?

AED 32,890 a year on the contract renewed on 1 January 2026. The previous contract, from January 2026, was AED 12,000; the unit has been rented since January 2020.

How big is unit 311?

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

What is unit 311 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 311, MAG 555

Starts from the last sale price (AED 450K, 4 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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