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2-bed · 665 sqftMAG 555, Dubai South · 5th floor · completed 2020

510, MAG 555

Sold prices and rental history: sold once, by the developer in August 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 16 August 2018
Last soldAED 580K16 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 510, MAG 555

What is 510 worth today?

Last sold for AED 580,000 in 2018

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16 Aug 2018Sold by developerOff-plan
AED 580,000AED 872 per sqft

Source: Dubai Land Department. Updated 16 August 2018.

Key facts

Type
2-bed apartment
Size
665 sqft
Floor
5th of 6
Parking
G-98
Developer
MAG
Completed
2020
Service charge
AED 9,900 /yr
Last sold
AED 580K · August 2018
Building
MAG 555

About 510, MAG 555

510 is a two-bedroom apartment of 665 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 16 August 2018 for AED 580,000, or AED 872 per sqft, in line with the AED 874 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 510 over time

Sales
Unit 510, each saleTypical two-bed in MAG 555
580K590K2017201820192020Typical sale price by year: 2017 AED 577,500; 2018 AED 580,000; 2019 AED 594,950Sold by developer, August 2018: AED 580,000 (AED 872 per sqft)

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

Rents
Unit 510, each contractTypical two-bed in MAG 555
40K60K2020202220242026Typical rent by year: 2020 AED 32,000; 2021 AED 30,000; 2022 AED 33,500; 2023 AED 48,000; 2024 AED 60,000; 2025 AED 62,000; 2026 AED 64,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 555, and where 510 sits

All 12 2-beds →

510 last sold in August 2018 at AED 872 per sqft, in line with what two-beds in MAG 555 were fetching at the time (AED 874).

Recent 2-bed salesUnit no.Price (AED)Summary
31 Jul 2023555,000
28 Dec 2022413,460
15 Jul 2021469,388
7 Nov 2019497,000
0 2-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
5041-bedAED 440K · Nov 2019
5052-bedAED 500K · Jul 2017
5061-bedAED 600K · Jul 2025
507StudioAED 360K · Sep 2017
1–7 of 21

510, MAG 555 in numbers

  • Sold once: by MAG on 16 August 2018 for AED 580,000, or AED 872 per sqft.

Source: Dubai Land Department. Updated 16 August 2018.

Questions about 510, MAG 555

What did unit 510 last sell for?

AED 580,000 on 16 August 2018, sold by the developer: AED 872 per sqft for 665 sqft. It is the only registered sale of the unit.

How big is unit 510?

665 sqft (61.8 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 510 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 510, MAG 555

Starts from the last sale price (AED 580K, 16 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

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