1-bed · 629 sqftMAG 555, Dubai South · 6th floor · completed 2020

601, MAG 555

Sold prices and rental history: sold 3 times, last in August 2026, and rented once, from March 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 682K18 August 2026
Current rentAED 28K /yr15 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, MAG 555

What is 601 worth today?

Last sold for AED 682,000 in 2026

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18 Aug 2026SoldReady
AED 682,000AED 1,083 per sqft
24 Jun 2025SoldReady
AED 660,000AED 1,048 per sqft
15 Mar 2020RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
12 Jun 2019Sold by developerOff-plan
AED 504,000AED 800 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
1-bed apartment
Size
629 sqft
Floor
6th of 6
Parking
G-111
Developer
MAG
Completed
2020
Service charge
AED 9,400 /yr
Last sold
AED 682K · August 2026
Building
MAG 555

About 601, MAG 555

601 is a one-bedroom apartment of 629 sqft on the 6th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 August 2026 for AED 682,000, or AED 1,083 per sqft, 14% below the AED 1,263 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 March 2020. The current contract, signed on 15 March 2020, is AED 28,000 a year: a gross yield of 4.1% on the 2026 price, before the service charge of about AED 9,400 a year.

Sales and rents for 601 over time

Sales
Unit 601, 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, June 2019: AED 504,000 (AED 800 per sqft)Sold, June 2025: AED 660,000 (AED 1,048 per sqft)Sold, August 2026: AED 682,000 (AED 1,083 per sqft)

601 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 601, 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, March 2020: AED 28,000 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 601 sits

All 57 1-beds →

601 last sold in August 2026 at AED 1,083 per sqft, 14% below what one-beds in MAG 555 were fetching at the time (AED 1,263). 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. 601's AED 28,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026590,000
22 Oct 2026590,000
4 Sep 2026600,000
11 Aug 202621,564
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 6th floor

All 129 units in MAG 555
Value
602StudioAED 330K · Nov 2017
603StudioAED 336K · Oct 2017
6041-bedAED 406K · Nov 2017
6052-bedAED 600K · Oct 2019
6061-bedAED 223K · Apr 2024
607StudioAED 272K · Dec 2022
608StudioAED 318K · Aug 2017
1–7 of 20

601, MAG 555 in numbers

  • Sold 3 times: first on 12 June 2019 for AED 504,000, last on 18 August 2026 for AED 682,000 (AED 1,083 per sqft).
  • Rented since March 2020 on one Ejari contract, at AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2026 price is 4.1%, before a service charge of about AED 9,400 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 18 August 2026.

Questions about 601, MAG 555

What did unit 601 last sell for?

AED 682,000 on 18 August 2026: AED 1,083 per sqft for 629 sqft. The unit has 3 registered sales; the first was AED 504,000 in June 2019.

What is the rent for unit 601?

AED 28,000 a year on the contract signed on 15 March 2020.

How big is unit 601?

629 sqft (58.4 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 601 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 601, MAG 555

Starts from the last sale price (AED 682K, 18 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 682,000
Deposit, UAE resident (20%)
AED 136,400
Deposit, non-resident (40%)
AED 272,800
Monthly over 25 years at 3.7%
AED 2,790

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