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1-bed · 628 sqftMAG 555, Dubai South · 4th floor · completed 2020

401, MAG 555

Sold prices and rental history: sold twice, last in November 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 490K1 November 2024
Current rentAED 45K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, MAG 555

What is 401 worth today?

Last sold for AED 490,000 in 2024

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1 Nov 2026RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
1 Nov 2025RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
1 Nov 2024SoldReady
AED 490,000AED 779 per sqft
1 Nov 2024RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
29 Mar 2021Sold by developerReady
AED 439,000AED 698 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
4th of 6
Parking
G-67
Developer
MAG
Completed
2020
Service charge
AED 9,400 /yr
Last sold
AED 490K · November 2024
Building
MAG 555

About 401, MAG 555

401 is a one-bedroom apartment of 628 sqft on the 4th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 November 2024 for AED 490,000, or AED 779 per sqft, 14% below the AED 901 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 November 2026, is AED 45,000 a year: a gross yield of 9.2% on the 2024 price, before the service charge of about AED 9,400 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, March 2021: AED 439,000 (AED 698 per sqft)Sold, November 2024: AED 490,000 (AED 779 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in MAG 555
20K40K201920222025Typical 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, November 2024: AED 45,000 a yearRenewal, November 2025: AED 45,000 a yearRenewal, November 2026: AED 45,000 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 401 sits

All 57 1-beds →

401 last sold in November 2024 at AED 779 per sqft, 14% below what one-beds in MAG 555 were fetching at the time (AED 901). 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. 401's AED 45,000 is in the upper 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 4th floor

All 129 units in MAG 555
Value
402StudioAED 360K · Sep 2019
403StudioAED 480K · Jan 2026
4041-bedAED 590K · Oct 2026
4052-bedAED 595K · Oct 2019
4061-bedAED 325K · Dec 2022
407StudioAED 355K · Oct 2017
408StudioAED 445K · Aug 2026
1–7 of 21

401, MAG 555 in numbers

  • Sold twice: first on 29 March 2021 for AED 439,000, last on 1 November 2024 for AED 490,000 (AED 779 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 9.2%, before a service charge of about AED 9,400 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 November 2026.

Questions about 401, MAG 555

What did unit 401 last sell for?

AED 490,000 on 1 November 2024: AED 779 per sqft for 628 sqft. The unit has 2 registered sales; the first was AED 439,000 in March 2021.

What is the rent for unit 401?

AED 45,000 a year on the contract renewed on 1 November 2026. The previous contract, from November 2025, was AED 45,000; the unit has been rented since November 2024.

How big is unit 401?

628 sqft (58.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 401 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 401, MAG 555

Starts from the last sale price (AED 490K, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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