1-bed · 241 sqftMAG 555, Dubai South · 6th floor · completed 2020

606, MAG 555

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 223K16 April 2024
Current rentAED 37K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, MAG 555

What is 606 worth today?

Last sold for AED 222,663 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Nov 2024RentedRenewal
AED 37,000/yr12 months · AED 77 per sqft
16 Apr 2024SoldReady
AED 222,663AED 922 per sqft
22 Nov 2023RentedNew contract
AED 37,000/yr12 months · AED 77 per sqft
25 Nov 2021RentedNew contract
AED 23,000/yr12 months · AED 48 per sqft
10 Nov 2020RentedRenewal
AED 23,000/yr12 months · AED 47 per sqft
10 Nov 2019RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
29 Aug 2017Sold by developerOff-plan
AED 445,325AED 922 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
1-bed apartment
Size
241 sqft
Floor
6th of 6
Parking
G-44
Developer
MAG
Completed
2020
Service charge
AED 3,600 /yr
Last sold
AED 223K · April 2024
Building
MAG 555

About 606, MAG 555

606 is a one-bedroom apartment of 241 sqft on the 6th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 16 April 2024 for AED 222,663, or AED 922 per sqft, in line with the AED 927 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 22 November 2024, is AED 37,000 a year: a gross yield of 16.6% on the 2024 price, before the service charge of about AED 3,600 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in MAG 555
200K400K600K2017202020232026Typical 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 445,325 (AED 922 per sqft)Sold, April 2024: AED 222,663 (AED 922 per sqft)

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

Rents
Unit 606, 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, November 2019: AED 24,000 a yearRenewal, November 2020: AED 23,000 a yearNew contract, November 2021: AED 23,000 a yearNew contract, November 2023: AED 37,000 a yearRenewal, November 2024: AED 37,000 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 606 sits

All 57 1-beds →

606 last sold in April 2024 at AED 922 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 927). 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. 606's AED 37,000 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 6th floor

All 129 units in MAG 555
Value
6011-bedAED 682K · Aug 2026
602StudioAED 330K · Nov 2017
603StudioAED 336K · Oct 2017
6041-bedAED 406K · Nov 2017
6052-bedAED 600K · Oct 2019
607StudioAED 272K · Dec 2022
608StudioAED 318K · Aug 2017
1–7 of 20

606, MAG 555 in numbers

  • Sold twice: first on 29 August 2017 for AED 445,325, last on 16 April 2024 for AED 222,663 (AED 922 per sqft).
  • Rented since November 2019 on 5 Ejari contracts, from AED 24,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2024 price is 16.6%, before a service charge of about AED 3,600 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 22 November 2024.

Questions about 606, MAG 555

What did unit 606 last sell for?

AED 222,663 on 16 April 2024: AED 922 per sqft for 241 sqft. The unit has 2 registered sales; the first was AED 445,325 in August 2017.

What is the rent for unit 606?

AED 37,000 a year on the contract renewed on 22 November 2024. The previous contract, from November 2023, was AED 37,000; the unit has been rented since November 2019.

How big is unit 606?

241 sqft (22.4 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 606 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.

Selling 606? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 606, MAG 555

Starts from the last sale price (AED 223K, 16 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 222,663
Deposit, UAE resident (20%)
AED 44,533
Deposit, non-resident (40%)
AED 89,065
Monthly over 25 years at 3.7%
AED 911

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