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1-bed · 656 sqftMAG 555, Dubai South · 3rd floor · completed 2020

312, MAG 555

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

Unit 312 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 565K26 September 2017
Current rentAED 60K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 312, MAG 555

What is 312 worth today?

Last sold for AED 565,343 in 2017

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1 Feb 2026RentedRenewal
AED 60,000/yr12 months · AED 91 per sqft
1 Feb 2026RentedRenewal
AED 40,000/yr12 months · AED 61 per sqft
1 Feb 2025RentedRenewal
AED 35,000/yr12 months · AED 53 per sqft
1 Feb 2024RentedRenewal
AED 30,000/yr12 months · AED 46 per sqft
1 Feb 2023RentedRenewal
AED 28,000/yr12 months · AED 43 per sqft
1 Feb 2022RentedRenewal
AED 26,250/yr12 months · AED 40 per sqft
1 Feb 2021RentedRenewal
AED 25,000/yr12 months · AED 38 per sqft
1 Feb 2020RentedNew contract
AED 25,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
3rd of 6
Parking
G-56
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 565K · September 2017
Building
MAG 555

About 312, MAG 555

312 is a one-bedroom apartment of 656 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 26 September 2017 for AED 565,343, or AED 861 per sqft, 6% below the AED 917 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 February 2026, is AED 60,000 a year: a gross yield of 10.6% on the 2017 price, before the service charge of about AED 9,800 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, September 2017: AED 565,343 (AED 861 per sqft)

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

Rents
Unit 312, each contractTypical one-bed in MAG 555
20K40K60K20192021202320252027Typical 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, February 2020: AED 25,000 a yearRenewal, February 2021: AED 25,000 a yearRenewal, February 2022: AED 26,250 a yearRenewal, February 2023: AED 28,000 a yearRenewal, February 2024: AED 30,000 a yearRenewal, February 2025: AED 35,000 a yearRenewal, February 2026: AED 60,000 a yearRenewal, February 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 312 sits

All 57 1-beds →

312 last sold in September 2017 at AED 861 per sqft, 6% below what one-beds in MAG 555 were fetching at the time (AED 917). 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. 312's AED 60,000 is at the top 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

312, MAG 555 in numbers

  • Sold once: by MAG on 26 September 2017 for AED 565,343, or AED 861 per sqft.
  • Rented since February 2020 on 8 Ejari contracts, from AED 25,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2017 price is 10.6%, before a service charge of about AED 9,800 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 February 2026.

Questions about 312, MAG 555

What did unit 312 last sell for?

AED 565,343 on 26 September 2017, sold by the developer: AED 861 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 312?

AED 60,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2026, was AED 40,000; the unit has been rented since February 2020.

How big is unit 312?

656 sqft (60.9 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 312 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 312, MAG 555

Starts from the last sale price (AED 565K, 26 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 565,343
Deposit, UAE resident (20%)
AED 113,069
Deposit, non-resident (40%)
AED 226,137
Monthly over 25 years at 3.7%
AED 2,313

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