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1-bed · 656 sqftMAG 555, Dubai South · 4th floor · completed 2020

412, MAG 555

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 31 August 2026
Last soldAED 469K7 December 2022
Current rentAED 40K /yr31 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, MAG 555

What is 412 worth today?

Last sold for AED 469,300 in 2022

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31 Aug 2026RentedRenewal
AED 40,000/yr12 months · AED 62 per sqft
31 Aug 2025RentedRenewal
AED 40,000/yr12 months · AED 62 per sqft
31 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
1 Sep 2023RentedNew contract
AED 30,000/yr12 months · AED 46 per sqft
7 Dec 2022Sold by developerReady
AED 469,300AED 715 per sqft
1 Sep 2022RentedRenewal
AED 25,000/yr12 months · AED 38 per sqft
1 Sep 2021RentedNew contract
AED 25,000/yr12 months · AED 38 per sqft

Source: Dubai Land Department. Updated 31 August 2026.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
4th of 6
Parking
G-78
Developer
MAG
Completed
2020
Service charge
AED 9,800 /yr
Last sold
AED 469K · December 2022
Building
MAG 555

About 412, MAG 555

412 is a one-bedroom apartment of 656 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 7 December 2022 for AED 469,300, or AED 715 per sqft, in line with the AED 714 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 31 August 2026, is AED 40,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 9,800 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, December 2022: AED 469,300 (AED 715 per sqft)

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

Rents
Unit 412, 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, September 2021: AED 25,000 a yearRenewal, September 2022: AED 25,000 a yearNew contract, September 2023: AED 30,000 a yearNew contract, August 2024: AED 40,000 a yearRenewal, August 2025: AED 40,000 a yearRenewal, August 2026: AED 40,000 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 412 sits

All 57 1-beds →

412 last sold in December 2022 at AED 715 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 714). 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. 412's AED 40,000 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
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

412, MAG 555 in numbers

  • Sold once: by MAG on 7 December 2022 for AED 469,300, or AED 715 per sqft.
  • Rented since September 2021 on 6 Ejari contracts, from AED 25,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 9,800 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 31 August 2026.

Questions about 412, MAG 555

What did unit 412 last sell for?

AED 469,300 on 7 December 2022, sold by the developer: AED 715 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 412?

AED 40,000 a year on the contract renewed on 31 August 2026. The previous contract, from August 2025, was AED 40,000; the unit has been rented since September 2021.

How big is unit 412?

656 sqft (60.9 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 412 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 412, MAG 555

Starts from the last sale price (AED 469K, 7 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 469,300
Deposit, UAE resident (20%)
AED 93,860
Deposit, non-resident (40%)
AED 187,720
Monthly over 25 years at 3.7%
AED 1,920

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