Studio · 365 sqftMAG 555, Dubai South · 4th floor · completed 2020

403, MAG 555

Sold prices and rental history: sold twice, last in January 2026, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 30 January 2026
Last soldAED 480K30 January 2026
Current rentAED 31K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, MAG 555

What is 403 worth today?

Last sold for AED 480,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Jan 2026SoldReady
AED 480,000AED 1,315 per sqft
1 May 2024RentedNew contract
AED 31,000/yr12 months · AED 85 per sqft
5 Apr 2021RentedNew contract
AED 17,000/yr12 months · AED 46 per sqft
23 Aug 2017Sold by developerOff-plan
AED 339,000AED 928 per sqft

Source: Dubai Land Department. Updated 30 January 2026.

Key facts

Type
Studio apartment
Size
365 sqft
Floor
4th of 6
Parking
G-69
Developer
MAG
Completed
2020
Service charge
AED 5,500 /yr
Last sold
AED 480K · January 2026
Building
MAG 555

About 403, MAG 555

403 is a studio of 365 sqft on the 4th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 30 January 2026 for AED 480,000, or AED 1,315 per sqft, 15% above the AED 1,146 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 May 2024, is AED 31,000 a year: a gross yield of 6.5% on the 2026 price, before the service charge of about AED 5,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, August 2017: AED 339,000 (AED 928 per sqft)Sold, January 2026: AED 480,000 (AED 1,315 per sqft)

403 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 403, 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, April 2021: AED 17,000 a yearNew contract, May 2024: AED 31,000 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 403 sits

All 60 studios →

403 last sold in January 2026 at AED 1,315 per sqft, 15% above what studios in MAG 555 were fetching at the time (AED 1,146). 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. 403's AED 31,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
19 Sep 2025400,000
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 4th floor

All 129 units in MAG 555
Value
4011-bedAED 490K · Nov 2024
402StudioAED 360K · Sep 2019
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

403, MAG 555 in numbers

  • Sold twice: first on 23 August 2017 for AED 339,000, last on 30 January 2026 for AED 480,000 (AED 1,315 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 17,000 to AED 31,000 a year.
  • At AED 31,000 a year the gross yield on the 2026 price is 6.5%, before a service charge of about AED 5,500 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 30 January 2026.

Questions about 403, MAG 555

What did unit 403 last sell for?

AED 480,000 on 30 January 2026: AED 1,315 per sqft for 365 sqft. The unit has 2 registered sales; the first was AED 339,000 in August 2017.

What is the rent for unit 403?

AED 31,000 a year on the contract signed on 1 May 2024. The previous contract, from April 2021, was AED 17,000.

How big is unit 403?

365 sqft (33.9 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 403 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.

Selling 403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 403, MAG 555

Starts from the last sale price (AED 480K, 30 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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