Studio · 437 sqftMAG 555, Dubai South · 4th floor · completed 2020

418, MAG 555

Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 400K24 October 2017
Current rentAED 38K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, MAG 555

What is 418 worth today?

Last sold for AED 400,000 in 2017

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1 Nov 2025RentedRenewal
AED 38,000/yr12 months · AED 87 per sqft
1 Nov 2024RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft
1 Nov 2023RentedRenewal
AED 29,000/yr12 months · AED 66 per sqft
1 Nov 2022RentedRenewal
AED 22,000/yr12 months · AED 50 per sqft
1 Nov 2021RentedRenewal
AED 20,500/yr12 months · AED 47 per sqft
1 Nov 2020RentedNew contract
AED 20,500/yr12 months · AED 47 per sqft
1 Nov 2019RentedNew contract
AED 24,000/yr12 months · AED 54 per sqft
24 Oct 2017Sold by developerOff-plan
AED 400,000AED 915 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
Studio apartment
Size
437 sqft
Floor
4th of 6
Parking
G-84
Developer
MAG
Completed
2020
Service charge
AED 6,500 /yr
Last sold
AED 400K · October 2017
Building
MAG 555

About 418, MAG 555

418 is a studio of 437 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 24 October 2017 for AED 400,000, or AED 915 per sqft, in line with the AED 917 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 38,000 a year: a gross yield of 9.5% on the 2017 price, before the service charge of about AED 6,500 a year.

Sales and rents for 418 over time

Sales
Unit 418, 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, October 2017: AED 400,000 (AED 915 per sqft)

418 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 418, each contractTypical studio in MAG 555
20K30K40K20192021202320252027Typical 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, November 2019: AED 24,000 a yearNew contract, November 2020: AED 20,500 a yearRenewal, November 2021: AED 20,500 a yearRenewal, November 2022: AED 22,000 a yearRenewal, November 2023: AED 29,000 a yearNew contract, November 2024: AED 32,000 a yearRenewal, November 2025: AED 38,000 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 418 sits

All 60 studios →

418 last sold in October 2017 at AED 915 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 917). 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. 418's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
30 Jan 2026480,000
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
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

418, MAG 555 in numbers

  • Sold once: by MAG on 24 October 2017 for AED 400,000, or AED 915 per sqft.
  • Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 24,000 to AED 20,500 in 2021 and recovered to AED 38,000 by November 2025.
  • At AED 38,000 a year the gross yield on the 2017 price is 9.5%, before a service charge of about AED 6,500 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 1 November 2025.

Questions about 418, MAG 555

What did unit 418 last sell for?

AED 400,000 on 24 October 2017, sold by the developer: AED 915 per sqft for 437 sqft. It is the only registered sale of the unit.

What is the rent for unit 418?

AED 38,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 32,000; the unit has been rented since November 2019.

How big is unit 418?

437 sqft (40.6 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 418 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.

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Mortgage on 418, MAG 555

Starts from the last sale price (AED 400K, 24 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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