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Studio · 360 sqftMAG 555, Dubai South · 3rd floor · completed 2020

321, 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 321 · DLD and Ejari recordsUpdated 26 July 2026
Last soldAED 330K7 January 2018
Current rentAED 40K /yr26 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 321, MAG 555

What is 321 worth today?

Last sold for AED 330,000 in 2018

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26 Jul 2026RentedRenewal
AED 40,000/yr12 months · AED 113 per sqft
26 Jul 2025RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
10 Jul 2023RentedNew contract
AED 27,000/yr12 months · AED 75 per sqft
18 May 2022RentedNew contract
AED 18,375/yr12 months · AED 51 per sqft
18 May 2021RentedNew contract
AED 17,500/yr12 months · AED 49 per sqft
7 Jan 2018Sold by developerOff-plan
AED 330,000AED 916 per sqft

Source: Dubai Land Department. Updated 26 July 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
3rd of 6
Parking
G-65
Developer
MAG
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 330K · January 2018
Building
MAG 555

About 321, MAG 555

321 is a studio of 360 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 330,000, or AED 916 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, renewed on 26 July 2026, is AED 40,000 a year: a gross yield of 12.1% on the 2018 price, before the service charge of about AED 5,400 a year.

Sales and rents for 321 over time

Sales
Unit 321, 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 330,000 (AED 916 per sqft)

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

Rents
Unit 321, each contractTypical studio in MAG 555
20K40K201920222025Typical 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 17,500 a yearNew contract, May 2022: AED 18,375 a yearNew contract, July 2023: AED 27,000 a yearNew contract, July 2025: AED 40,000 a yearRenewal, July 2026: AED 40,000 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 321 sits

All 60 studios →

321 last sold in January 2018 at AED 916 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. 321's AED 40,000 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

321, MAG 555 in numbers

  • Sold once: by MAG on 7 January 2018 for AED 330,000, or AED 916 per sqft.
  • Rented since May 2021 on 5 Ejari contracts, from AED 17,500 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 12.1%, before a service charge of about AED 5,400 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 26 July 2026.

Questions about 321, MAG 555

What did unit 321 last sell for?

AED 330,000 on 7 January 2018, sold by the developer: AED 916 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 321?

AED 40,000 a year on the contract renewed on 26 July 2026. The previous contract, from July 2025, was AED 40,000; the unit has been rented since May 2021.

How big is unit 321?

360 sqft (33.4 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 321 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 321, MAG 555

Starts from the last sale price (AED 330K, 7 January 2018). 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 →