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Studio · 410 sqftMAG 555, Dubai South · 3rd floor · completed 2020

315, MAG 555

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 27 November 2025
Last soldAED 365K7 January 2018
Current rentAED 43K /yr27 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 315, MAG 555

What is 315 worth today?

Last sold for AED 365,000 in 2018

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27 Nov 2025RentedNew contract
AED 43,000/yr12 months · AED 105 per sqft
26 Nov 2024RentedNew contract
AED 38,000/yr12 months · AED 93 per sqft
23 Sep 2023RentedNew contract
AED 28,000/yr12 months · AED 68 per sqft
12 Aug 2022RentedNew contract
AED 22,000/yr12 months · AED 54 per sqft
5 May 2021RentedNew contract
AED 19,000/yr12 months · AED 46 per sqft
7 Jan 2018Sold by developerOff-plan
AED 365,000AED 890 per sqft

Source: Dubai Land Department. Updated 27 November 2025.

Key facts

Type
Studio apartment
Size
410 sqft
Floor
3rd of 6
Parking
G-59
Developer
MAG
Completed
2020
Service charge
AED 6,100 /yr
Last sold
AED 365K · January 2018
Building
MAG 555

About 315, MAG 555

315 is a studio of 410 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 7 January 2018 for AED 365,000, or AED 890 per sqft, in line with the AED 917 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 27 November 2025, is AED 43,000 a year: a gross yield of 11.8% on the 2018 price, before the service charge of about AED 6,100 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical studio in MAG 555
300K400K500K2017202020232026Typical sale price by year: 2017 AED 353,035; 2018 AED 365,000; 2019 AED 374,555; 2020 AED 316,750; 2023 AED 300,000; 2024 AED 400,000; 2025 AED 425,000; 2026 AED 473,500Sold by developer, January 2018: AED 365,000 (AED 890 per sqft)

315 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 315, each contractTypical studio in MAG 555
20K40K20192021202320252027Typical rent by year: 2019 AED 25,000; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 25,000; 2024 AED 34,000; 2025 AED 40,000; 2026 AED 39,000New contract, May 2021: AED 19,000 a yearNew contract, August 2022: AED 22,000 a yearNew contract, September 2023: AED 28,000 a yearNew contract, November 2024: AED 38,000 a yearNew contract, November 2025: AED 43,000 a year

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 315 sits

All 60 studios →

315 last sold in January 2018 at AED 890 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 917). 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. 315's AED 43,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
30 Jan 2026480,000
4 studio 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

315, MAG 555 in numbers

  • Sold once: by MAG on 7 January 2018 for AED 365,000, or AED 890 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 19,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2018 price is 11.8%, before a service charge of about AED 6,100 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 27 November 2025.

Questions about 315, MAG 555

What did unit 315 last sell for?

AED 365,000 on 7 January 2018, sold by the developer: AED 890 per sqft for 410 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 43,000 a year on the contract signed on 27 November 2025. The previous contract, from November 2024, was AED 38,000; the unit has been rented since May 2021.

How big is unit 315?

410 sqft (38.1 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 315 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 315, MAG 555

Starts from the last sale price (AED 365K, 7 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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