1-bed · 622 sqftMAG 555, Dubai South · 3rd floor · completed 2020

313, MAG 555

Sold prices and rental history: sold once, by the developer in December 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 21 December 2020
Last soldAED 510K21 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, MAG 555

What is 313 worth today?

Last sold for AED 510,000 in 2020

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21 Dec 2020Sold by developerReady
AED 510,000AED 819 per sqft

Source: Dubai Land Department. Updated 21 December 2020.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
3rd of 6
Parking
G-57
Developer
MAG
Completed
2020
Service charge
AED 9,300 /yr
Last sold
AED 510K · December 2020
Building
MAG 555

About 313, MAG 555

313 is a one-bedroom apartment of 622 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 21 December 2020 for AED 510,000, or AED 819 per sqft, 11% below the AED 916 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 313 over time

Sales
Unit 313, 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, December 2020: AED 510,000 (AED 819 per sqft)

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

Rents
Unit 313, 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 48,000

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 313 sits

All 57 1-beds →

313 last sold in December 2020 at AED 819 per sqft, 11% below 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.

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

313, MAG 555 in numbers

  • Sold once: by MAG on 21 December 2020 for AED 510,000, or AED 819 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 21 December 2020.

Questions about 313, MAG 555

What did unit 313 last sell for?

AED 510,000 on 21 December 2020, sold by the developer: AED 819 per sqft for 622 sqft. It is the only registered sale of the unit.

How big is unit 313?

622 sqft (57.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 313 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 313, MAG 555

Starts from the last sale price (AED 510K, 21 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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