503, MAG 555
Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, MAG 555
What is 503 worth today?
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Source: Dubai Land Department. Updated 5 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 365 sqft
- Floor
- 5th of 6
- Parking
- G-91
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,500 /yr
- Last sold
- AED 336K · July 2019
- Building
- MAG 555
About 503, MAG 555
503 is a studio of 365 sqft on the 5th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 11 July 2019 for AED 336,296, or AED 921 per sqft, in line with the AED 913 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 5 October 2026, is AED 38,000 a year: a gross yield of 11.3% on the 2019 price, before the service charge of about AED 5,500 a year.
Sales and rents for 503 over time
503 has sold once; the dashed line is the studio median of each year in the building.
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 503 sits
All 60 studios →503 last sold in July 2019 at AED 921 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 913). 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. 503's AED 38,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 347 sqft | 445,000 | 1,281 | ||
| 4 Jun 20264 June 2026 | 360 sqft | 467,000 | 1,297 | ||
| 16 Feb 202616 February 2026 | 347 sqft | 540,000 | 1,554 | ||
| 30 Jan 202630 January 2026 | 365 sqft | 480,000 | 1,315 |
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 5th floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 629 sqft | AED 533KAED 533,000 · Dec 2017December 2017 | 50,000 /yr | |
| 502 | Studio | 389 sqft | AED 360KAED 360,000 · Sep 2017September 2017 | 30,000 /yr | |
| 504 | 1-bed | 478 sqft | AED 440KAED 440,000 · Nov 2019November 2019 | 50,000 /yr | |
| 505 | 2-bed | 666 sqft | AED 500KAED 500,000 · Jul 2017July 2017 | 51,282 /yr | |
| 506 | 1-bed | 483 sqft | AED 600KAED 600,000 · Jul 2025July 2025 | 50,000 /yr | |
| 507 | Studio | 389 sqft | AED 360KAED 360,000 · Sep 2017September 2017 | 18,000 /yr | |
| 508 | Studio | 349 sqft | AED 450KAED 450,000 · Apr 2025April 2025 | 36,000 /yr | |
| 509 | 1-bed | 478 sqft | AED 444KAED 443,758 · Jul 2017July 2017 | 39,690 /yr | |
| 510 | 2-bed | 665 sqft | AED 580KAED 580,000 · Aug 2018August 2018 | ||
| 511 | 1-bed | 483 sqft | AED 440KAED 439,517 · Aug 2017August 2017 | 50,000 /yr | |
| 512 | 1-bed | 657 sqft | AED 490KAED 490,000 · Jul 2019July 2019 | ||
| 513 | 1-bed | 623 sqft | AED 640KAED 640,000 · Jul 2025July 2025 | 52,000 /yr | |
| 514 | 1-bed | 638 sqft | AED 535KAED 535,000 · Dec 2019December 2019 | 55,000 /yr | |
| 515 | Studio | 410 sqft | AED 375KAED 375,000 · Sep 2017September 2017 | ||
| 516 | Studio | 410 sqft | AED 380KAED 380,000 · Dec 2017December 2017 | 40,000 /yr | |
| 517 | Studio | 437 sqft | AED 395KAED 395,000 · Aug 2017August 2017 | 44,000 /yr | |
| 518 | Studio | 437 sqft | AED 402KAED 402,000 · Sep 2019September 2019 | 31,500 /yr | |
| 519 | 1-bed | 514 sqft | AED 458KAED 458,000 · Mar 2018March 2018 | 53,000 /yr | |
| 520 | 1-bed | 514 sqft | AED 473KAED 472,558 · Feb 2018February 2018 | ||
| 521 | Studio | 360 sqft | AED 250KAED 250,000 · Apr 2020April 2020 | ||
| 522 | Studio | 360 sqft | AED 255KAED 255,000 · Mar 2020March 2020 | 36,000 /yr |
503, MAG 555 in numbers
- Sold once: by MAG on 11 July 2019 for AED 336,296, or AED 921 per sqft.
- Rented since December 2019 on 7 Ejari contracts. The rent fell from AED 21,000 to AED 17,000 in 2021 and recovered to AED 38,000 by October 2026.
- At AED 38,000 a year the gross yield on the 2019 price is 11.3%, before a service charge of about AED 5,500 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 5 October 2026.
Questions about 503, MAG 555
What did unit 503 last sell for?
AED 336,296 on 11 July 2019, sold by the developer: AED 921 per sqft for 365 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 38,000 a year on the contract renewed on 5 October 2026. The previous contract, from October 2025, was AED 38,000; the unit has been rented since December 2019.
How big is unit 503?
365 sqft (33.9 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.
What is unit 503 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 503, MAG 555
Starts from the last sale price (AED 336K, 11 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 336,296
- Deposit, UAE resident (20%)
- AED 67,259
- Deposit, non-resident (40%)
- AED 134,518
- Monthly over 25 years at 3.7%
- AED 1,376
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →