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Studio · 360 sqftMAG 555, Dubai South · 4th floor · completed 2020

422, MAG 555

Sold prices and rental history: sold 3 times, last in June 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 4 June 2026
Last soldAED 467K4 June 2026
Current rentAED 42K /yr27 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 422, MAG 555

What is 422 worth today?

Last sold for AED 467,000 in 2026

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4 Jun 2026SoldReady
AED 467,000AED 1,297 per sqft
27 May 2025RentedNew contract
AED 42,000/yr12 months · AED 118 per sqft
5 Aug 2024RentedNew contract
AED 36,000/yr12 months · AED 101 per sqft
12 Jun 2024SoldReady
AED 380,000AED 1,055 per sqft
1 Jul 2020RentedNew contract
AED 18,000/yr12 months · AED 51 per sqft
26 Jun 2020RentedNew contract
AED 19,000/yr12 months · AED 53 per sqft
20 Feb 2019Sold by developerOff-plan
AED 327,500AED 909 per sqft

Source: Dubai Land Department. Updated 4 June 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
4th of 6
Parking
G-88
Developer
MAG
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 467K · June 2026
Building
MAG 555

About 422, MAG 555

422 is a studio of 360 sqft on the 4th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 4 June 2026 for AED 467,000, or AED 1,297 per sqft, in line with the AED 1,306 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 27 May 2025, is AED 42,000 a year: a gross yield of 9.0% on the 2026 price, before the service charge of about AED 5,400 a year.

Sales and rents for 422 over time

Sales
Unit 422, 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, February 2019: AED 327,500 (AED 909 per sqft)Sold, June 2024: AED 380,000 (AED 1,055 per sqft)Sold, June 2026: AED 467,000 (AED 1,297 per sqft)

422 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 422, 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, June 2020: AED 19,000 a yearNew contract, July 2020: AED 18,000 a yearNew contract, August 2024: AED 36,000 a yearNew contract, May 2025: AED 42,000 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 422 sits

All 60 studios →

422 last sold in June 2026 at AED 1,297 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 1,306). 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. 422's AED 42,000 is in the upper half of that range.

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

422, MAG 555 in numbers

  • Sold 3 times: first on 20 February 2019 for AED 327,500, last on 4 June 2026 for AED 467,000 (AED 1,297 per sqft).
  • Rented since June 2020 on 4 Ejari contracts, from AED 19,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2026 price is 9.0%, before a service charge of about AED 5,400 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 4 June 2026.

Questions about 422, MAG 555

What did unit 422 last sell for?

AED 467,000 on 4 June 2026: AED 1,297 per sqft for 360 sqft. The unit has 3 registered sales; the first was AED 327,500 in February 2019.

What is the rent for unit 422?

AED 42,000 a year on the contract signed on 27 May 2025. The previous contract, from August 2024, was AED 36,000; the unit has been rented since June 2020.

How big is unit 422?

360 sqft (33.4 sqm): a studio on the 4th floor of a 6-storey tower completed in 2020.

What is unit 422 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 422, MAG 555

Starts from the last sale price (AED 467K, 4 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 467,000
Deposit, UAE resident (20%)
AED 93,400
Deposit, non-resident (40%)
AED 186,800
Monthly over 25 years at 3.7%
AED 1,911

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