405, MAG 555
Sold prices and rental history: sold once, by the developer in October 2019, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, MAG 555
What is 405 worth today?
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Source: Dubai Land Department. Updated 2 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 666 sqft
- Floor
- 4th of 6
- Parking
- G-71
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,000 /yr
- Last sold
- AED 595K · October 2019
- Building
- MAG 555
About 405, MAG 555
405 is a two-bedroom apartment of 666 sqft on the 4th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 22 October 2019 for AED 594,950, or AED 892 per sqft.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 2 October 2025, is AED 60,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 10,000 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 555, and where 405 sits
All 12 2-beds →405's AED 60,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Jul 202331 July 2023 | 665 sqft | 555,000 | 834 | ||
| 28 Dec 202228 December 2022 | 665 sqft | 413,460 | 621 | ||
| 15 Jul 202115 July 2021 | 665 sqft | 469,388 | 705 | ||
| 7 Nov 20197 November 2019 | 665 sqft | 497,000 | 747 |
MAG 555
Building129 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%
Other units on the 4th floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 490KAED 490,000 · Nov 2024November 2024 | 45,000 /yr | |
| 402 | Studio | 387 sqft | AED 360KAED 360,000 · Sep 2019September 2019 | 39,000 /yr | |
| 403 | Studio | 365 sqft | AED 480KAED 480,000 · Jan 2026January 2026 | 31,000 /yr | |
| 404 | 1-bed | 478 sqft | AED 590KAED 590,000 · Oct 2026October 2026 | 40,000 /yr | |
| 406 | 1-bed | 483 sqft | AED 325KAED 325,000 · Dec 2022December 2022 | 56,000 /yr | |
| 407 | Studio | 387 sqft | AED 355KAED 355,000 · Oct 2017October 2017 | 40,500 /yr | |
| 408 | Studio | 347 sqft | AED 445KAED 445,000 · Aug 2026August 2026 | 38,000 /yr | |
| 409 | 1-bed | 478 sqft | AED 450KAED 450,000 · Jan 2024January 2024 | ||
| 410 | 2-bed | 665 sqft | AED 630KAED 630,000 · Oct 2017October 2017 | 54,600 /yr | |
| 411 | 1-bed | 483 sqft | AED 610KAED 610,000 · Oct 2025October 2025 | 56,000 /yr | |
| 412 | 1-bed | 656 sqft | AED 469KAED 469,300 · Dec 2022December 2022 | 40,000 /yr | |
| 413 | 1-bed | 622 sqft | AED 500KAED 500,000 · Nov 2017November 2017 | 60,000 /yr | |
| 414 | 1-bed | 638 sqft | AED 500KAED 500,000 · Nov 2017November 2017 | 50,000 /yr | |
| 415 | Studio | 410 sqft | AED 300KAED 300,000 · Oct 2023October 2023 | 42,000 /yr | |
| 416 | Studio | 410 sqft | AED 372KAED 372,000 · Mar 2024March 2024 | 44,751 /yr | |
| 417 | Studio | 437 sqft | AED 392KAED 392,000 · Nov 2019November 2019 | 25,625 /yr | |
| 418 | Studio | 437 sqft | AED 400KAED 400,000 · Oct 2017October 2017 | 38,000 /yr | |
| 419 | 1-bed | 514 sqft | AED 462KAED 462,285 · Mar 2018March 2018 | 47,000 /yr | |
| 420 | 1-bed | 514 sqft | AED 590KAED 590,000 · Oct 2026October 2026 | 47,000 /yr | |
| 421 | Studio | 360 sqft | AED 300KAED 300,000 · Apr 2025April 2025 | 41,500 /yr | |
| 422 | Studio | 360 sqft | AED 467KAED 467,000 · Jun 2026June 2026 | 42,000 /yr |
405, MAG 555 in numbers
- Sold once: by MAG on 22 October 2019 for AED 594,950, or AED 892 per sqft.
- Rented since November 2020 on 3 Ejari contracts, from AED 29,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 10,000 a year (AED 14.96 per sqft).
Source: Dubai Land Department. Updated 2 October 2025.
Questions about 405, MAG 555
What did unit 405 last sell for?
AED 594,950 on 22 October 2019, sold by the developer: AED 892 per sqft for 666 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 60,000 a year on the contract renewed on 2 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since November 2020.
How big is unit 405?
666 sqft (61.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 405, MAG 555
Starts from the last sale price (AED 595K, 22 October 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 594,950
- Deposit, UAE resident (20%)
- AED 118,990
- Deposit, non-resident (40%)
- AED 237,980
- Monthly over 25 years at 3.7%
- AED 2,434
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →