506, MAG 555
Sold prices and rental history: sold 3 times, last in July 2025, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, MAG 555
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 5th of 6
- Parking
- G-46
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,200 /yr
- Last sold
- AED 600K · July 2025
- Building
- MAG 555
About 506, MAG 555
506 is a one-bedroom apartment of 483 sqft on the 5th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 1 July 2025 for AED 600,000, or AED 1,242 per sqft, 19% above the AED 1,042 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, signed on 1 August 2026, is AED 50,000 a year: a gross yield of 8.3% on the 2025 price, before the service charge of about AED 7,200 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 57 1-beds →506 last sold in July 2025 at AED 1,242 per sqft, 19% above what one-beds in MAG 555 were fetching at the time (AED 1,042). 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. 506's AED 50,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 478 sqft | 590,000 | 1,233 | ||
| 22 Oct 202622 October 2026 | 514 sqft | 590,000 | 1,148 | ||
| 4 Sep 20264 September 2026 | 478 sqft | 600,000 | 1,254 | ||
| 18 Aug 202618 August 2026 | 629 sqft | 682,000 | 1,083 |
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 | |
| 503 | Studio | 365 sqft | AED 336KAED 336,296 · Jul 2019July 2019 | 38,000 /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 | |
| 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 |
506, MAG 555 in numbers
- Sold 3 times: first on 23 July 2017 for AED 435,600, last on 1 July 2025 for AED 600,000 (AED 1,242 per sqft).
- Rented since January 2022 on 5 Ejari contracts, from AED 30,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2025 price is 8.3%, 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 1 August 2026.
Questions about 506, MAG 555
What did unit 506 last sell for?
AED 600,000 on 1 July 2025: AED 1,242 per sqft for 483 sqft. The unit has 3 registered sales; the first was AED 435,600 in July 2017.
What is the rent for unit 506?
AED 50,000 a year on the contract signed on 1 August 2026. The previous contract, from March 2025, was AED 50,000; the unit has been rented since January 2022.
How big is unit 506?
483 sqft (44.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 506 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 506, MAG 555
Starts from the last sale price (AED 600K, 1 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →