1-bed · 478 sqftMAG 555, Dubai South · 4th floor · completed 2020

409, MAG 555

Sold prices and rental history: sold twice, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 450K12 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, MAG 555

What is 409 worth today?

Last sold for AED 450,000 in 2024

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12 Jan 2024SoldReady
AED 450,000AED 940 per sqft
26 Sep 2017Sold by developerOff-plan
AED 443,760AED 927 per sqft

Source: Dubai Land Department. Updated 12 January 2024.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
4th of 6
Parking
G-75
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 450K · January 2024
Building
MAG 555

About 409, MAG 555

409 is a one-bedroom apartment of 478 sqft on the 4th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 12 January 2024 for AED 450,000, or AED 940 per sqft, 29% above the AED 729 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, 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, September 2017: AED 443,760 (AED 927 per sqft)Sold, January 2024: AED 450,000 (AED 940 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in MAG 555
20K40K20192021202320252027Typical 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 48,000

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 409 sits

All 57 1-beds →

409 last sold in January 2024 at AED 940 per sqft, 29% above what one-beds in MAG 555 were fetching at the time (AED 729). 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.

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
4011-bedAED 490K · Nov 2024
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
1–7 of 21

409, MAG 555 in numbers

  • Sold twice: first on 26 September 2017 for AED 443,760, last on 12 January 2024 for AED 450,000 (AED 940 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 12 January 2024.

Questions about 409, MAG 555

What did unit 409 last sell for?

AED 450,000 on 12 January 2024: AED 940 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 443,760 in September 2017.

How big is unit 409?

478 sqft (44.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 409 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 409, MAG 555

Starts from the last sale price (AED 450K, 12 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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