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1-bed · 483 sqftMAG 555, Dubai South · 5th floor · completed 2020

511, MAG 555

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 440K3 August 2017
Current rentAED 50K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 511, MAG 555

What is 511 worth today?

Last sold for AED 439,517 in 2017

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15 Jan 2026RentedNew contract
AED 50,000/yr12 months · AED 104 per sqft
20 Oct 2023RentedNew contract
AED 32,000/yr12 months · AED 66 per sqft
4 Sep 2022RentedNew contract
AED 24,500/yr12 months · AED 51 per sqft
15 Aug 2020RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
3 Aug 2017Sold by developerOff-plan
AED 439,517AED 910 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
5th of 6
Parking
G-45
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 440K · August 2017
Building
MAG 555

About 511, MAG 555

511 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. The developer sold it on 3 August 2017 for AED 439,517, or AED 910 per sqft, in line with the AED 910 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 January 2026, is AED 50,000 a year: a gross yield of 11.4% on the 2017 price, before the service charge of about AED 7,200 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, August 2017: AED 439,517 (AED 910 per sqft)

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

Rents
Unit 511, 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, August 2020: AED 22,000 a yearNew contract, September 2022: AED 24,500 a yearNew contract, October 2023: AED 32,000 a yearNew contract, January 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 511 sits

All 57 1-beds →

511 last sold in August 2017 at AED 910 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 910). 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. 511'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
5041-bedAED 440K · Nov 2019
5052-bedAED 500K · Jul 2017
5061-bedAED 600K · Jul 2025
507StudioAED 360K · Sep 2017
1–7 of 21

511, MAG 555 in numbers

  • Sold once: by MAG on 3 August 2017 for AED 439,517, or AED 910 per sqft.
  • Rented since August 2020 on 4 Ejari contracts, from AED 22,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 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 15 January 2026.

Questions about 511, MAG 555

What did unit 511 last sell for?

AED 439,517 on 3 August 2017, sold by the developer: AED 910 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 50,000 a year on the contract signed on 15 January 2026. The previous contract, from October 2023, was AED 32,000; the unit has been rented since August 2020.

How big is unit 511?

483 sqft (44.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 511 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 511, MAG 555

Starts from the last sale price (AED 440K, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 439,517
Deposit, UAE resident (20%)
AED 87,903
Deposit, non-resident (40%)
AED 175,807
Monthly over 25 years at 3.7%
AED 1,798

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