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Studio · 360 sqftMAG 555, Dubai South · 5th floor · completed 2020

521, MAG 555

Sold prices and rental history: sold twice, last in April 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 521 · DLD and Ejari recordsUpdated 26 April 2020
Last soldAED 250K26 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 521, MAG 555

What is 521 worth today?

Last sold for AED 250,000 in 2020

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26 Apr 2020SoldReady
AED 250,000AED 694 per sqft
3 Mar 2019Sold by developerOff-plan
AED 327,500AED 909 per sqft

Source: Dubai Land Department. Updated 26 April 2020.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
5th of 6
Parking
G-109
Developer
MAG
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 250K · April 2020
Building
MAG 555

About 521, MAG 555

521 is a studio of 360 sqft on the 5th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 26 April 2020 for AED 250,000, or AED 694 per sqft, 24% below the AED 914 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 521 over time

Sales
Unit 521, each saleTypical studio in MAG 555
400K2017202020232026Typical sale price by year: 2017 AED 353,035; 2018 AED 365,000; 2019 AED 374,555; 2020 AED 316,750; 2023 AED 300,000; 2024 AED 400,000; 2025 AED 425,000; 2026 AED 473,500Sold by developer, March 2019: AED 327,500 (AED 909 per sqft)Sold, April 2020: AED 250,000 (AED 694 per sqft)

521 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 521, each contractTypical studio in MAG 555
20K30K40K20192021202320252027Typical rent by year: 2019 AED 25,000; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 25,000; 2024 AED 34,000; 2025 AED 40,000; 2026 AED 39,000

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 521 sits

All 60 studios →

521 last sold in April 2020 at AED 694 per sqft, 24% below what studios in MAG 555 were fetching at the time (AED 914). 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.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
30 Jan 2026480,000
4 studio 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

521, MAG 555 in numbers

  • Sold twice: first on 3 March 2019 for AED 327,500, last on 26 April 2020 for AED 250,000 (AED 694 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 26 April 2020.

Questions about 521, MAG 555

What did unit 521 last sell for?

AED 250,000 on 26 April 2020: AED 694 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 327,500 in March 2019.

How big is unit 521?

360 sqft (33.4 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 521 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 521, MAG 555

Starts from the last sale price (AED 250K, 26 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 250,000
Deposit, UAE resident (20%)
AED 50,000
Deposit, non-resident (40%)
AED 100,000
Monthly over 25 years at 3.7%
AED 1,023

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