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1-bed · 478 sqftMAG 555, Dubai South · 5th floor · completed 2020

504, MAG 555

Sold prices and rental history: sold once, by the developer in November 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 20 February 2026
Last soldAED 440K24 November 2019
Current rentAED 50K /yr20 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, MAG 555

What is 504 worth today?

Last sold for AED 440,000 in 2019

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20 Feb 2026RentedRenewal
AED 50,000/yr12 months · AED 106 per sqft
20 Feb 2025RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
20 Feb 2025RentedNew contract
AED 50,000/yr12 months · AED 106 per sqft
1 Jun 2022RentedRenewal
AED 24,000/yr12 months · AED 51 per sqft
1 Jun 2021RentedRenewal
AED 24,000/yr12 months · AED 51 per sqft
1 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
24 Nov 2019Sold by developerOff-plan
AED 440,000AED 920 per sqft

Source: Dubai Land Department. Updated 20 February 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
5th of 6
Parking
G-92
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 440K · November 2019
Building
MAG 555

About 504, MAG 555

504 is a one-bedroom apartment of 478 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 24 November 2019 for AED 440,000, or AED 920 per sqft, 15% above the AED 797 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 20 February 2026, is AED 50,000 a year: a gross yield of 11.4% on the 2019 price, before the service charge of about AED 7,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, November 2019: AED 440,000 (AED 920 per sqft)

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

Rents
Unit 504, 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 48,000New contract, June 2020: AED 24,000 a yearRenewal, June 2021: AED 24,000 a yearRenewal, June 2022: AED 24,000 a yearNew contract, February 2025: AED 50,000 a yearNew contract, February 2025: AED 50,000 a yearRenewal, February 2026: AED 50,000 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 504 sits

All 57 1-beds →

504 last sold in November 2019 at AED 920 per sqft, 15% above what one-beds in MAG 555 were fetching at the time (AED 797). 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. 504's AED 50,000 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 5th floor

All 129 units in MAG 555
Value
5011-bedAED 533K · Dec 2017
502StudioAED 360K · Sep 2017
503StudioAED 336K · Jul 2019
5052-bedAED 500K · Jul 2017
5061-bedAED 600K · Jul 2025
507StudioAED 360K · Sep 2017
508StudioAED 450K · Apr 2025
1–7 of 21

504, MAG 555 in numbers

  • Sold once: by MAG on 24 November 2019 for AED 440,000, or AED 920 per sqft.
  • Rented since June 2020 on 6 Ejari contracts, from AED 24,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 11.4%, before a service charge of about AED 7,200 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 20 February 2026.

Questions about 504, MAG 555

What did unit 504 last sell for?

AED 440,000 on 24 November 2019, sold by the developer: AED 920 per sqft for 478 sqft. It is the only registered sale of the unit.

What is the rent for unit 504?

AED 50,000 a year on the contract renewed on 20 February 2026. The previous contract, from February 2025, was AED 50,000; the unit has been rented since June 2020.

How big is unit 504?

478 sqft (44.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 504 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 504, MAG 555

Starts from the last sale price (AED 440K, 24 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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