607, MAG 555
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, MAG 555
What is 607 worth today?
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Source: Dubai Land Department. Updated 15 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 389 sqft
- Floor
- 6th of 6
- Parking
- G-117
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,800 /yr
- Last sold
- AED 272K · December 2022
- Building
- MAG 555
About 607, MAG 555
607 is a studio of 389 sqft on the 6th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 December 2022 for AED 272,462, or AED 700 per sqft.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 15 June 2024, is AED 27,600 a year: a gross yield of 10.1% on the 2022 price, before the service charge of about AED 5,800 a year.
Sales and rents for 607 over time
607 has sold twice; the dashed line is the studio median of each year in the building.
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 607 sits
All 60 studios →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. 607's AED 27,600 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 347 sqft | 445,000 | 1,281 | ||
| 4 Jun 20264 June 2026 | 360 sqft | 467,000 | 1,297 | ||
| 16 Feb 202616 February 2026 | 347 sqft | 540,000 | 1,554 | ||
| 30 Jan 202630 January 2026 | 365 sqft | 480,000 | 1,315 |
MAG 555
Building129 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%
Other units on the 6th floor
All 129 units in MAG 555| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 682KAED 682,000 · Aug 2026August 2026 | 28,000 /yr | |
| 602 | Studio | 389 sqft | AED 330KAED 330,471 · Nov 2017November 2017 | 35,000 /yr | |
| 603 | Studio | 365 sqft | AED 336KAED 336,296 · Oct 2017October 2017 | 35,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 406KAED 405,586 · Nov 2017November 2017 | ||
| 605 | 2-bed | 666 sqft | AED 600KAED 600,000 · Oct 2019October 2019 | 30,000 /yr | |
| 606 | 1-bed | 241 sqft | AED 223KAED 222,663 · Apr 2024April 2024 | 37,000 /yr | |
| 608 | Studio | 349 sqft | AED 318KAED 317,646 · Aug 2017August 2017 | 45,000 /yr | |
| 609 | 1-bed | 478 sqft | AED 570KAED 570,000 · Feb 2025February 2025 | 45,000 /yr | |
| 610 | 2-bed | 665 sqft | AED 497KAED 497,000 · Nov 2019November 2019 | 63,000 /yr | |
| 611 | 1-bed | 483 sqft | AED 425KAED 425,000 · Jun 2024June 2024 | 50,000 /yr | |
| 613 | 1-bed | 623 sqft | AED 510KAED 510,253 · May 2018May 2018 | 32,000 /yr | |
| 614 | 1-bed | 319 sqft | AED 480KAED 480,000 · Jun 2019June 2019 | 47,000 /yr | |
| 615 | Studio | 410 sqft | AED 400KAED 400,000 · May 2024May 2024 | 37,000 /yr | |
| 616 | Studio | 410 sqft | AED 300KAED 300,000 · May 2023May 2023 | 41,000 /yr | |
| 617 | Studio | 437 sqft | AED 397KAED 397,000 · May 2019May 2019 | 40,000 /yr | |
| 618 | Studio | 437 sqft | AED 400KAED 400,000 · Jul 2019July 2019 | 26,450 /yr | |
| 619 | 1-bed | 514 sqft | AED 485KAED 485,000 · Mar 2019March 2019 | 46,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 365KAED 365,000 · Feb 2022February 2022 | 26,000 /yr | |
| 621 | Studio | 360 sqft | AED 328KAED 327,500 · Aug 2018August 2018 | 45,000 /yr | |
| 622 | Studio | 360 sqft | AED 328KAED 328,000 · May 2019May 2019 | 35,000 /yr |
607, MAG 555 in numbers
- Sold twice: first on 27 November 2017 for AED 278,380, last on 22 December 2022 for AED 272,462 (AED 700 per sqft).
- Rented since October 2020 on 5 Ejari contracts, from AED 19,000 to AED 27,600 a year.
- At AED 27,600 a year the gross yield on the 2022 price is 10.1%, before a service charge of about AED 5,800 a year (AED 14.96 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 15 June 2024.
Questions about 607, MAG 555
What did unit 607 last sell for?
AED 272,462 on 22 December 2022: AED 700 per sqft for 389 sqft. The unit has 2 registered sales; the first was AED 278,380 in November 2017.
What is the rent for unit 607?
AED 27,600 a year on the contract signed on 15 June 2024. The previous contract, from June 2023, was AED 24,000; the unit has been rented since October 2020.
How big is unit 607?
389 sqft (36.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 607 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 607, MAG 555
Starts from the last sale price (AED 272K, 22 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 272,462
- Deposit, UAE resident (20%)
- AED 54,492
- Deposit, non-resident (40%)
- AED 108,985
- Monthly over 25 years at 3.7%
- AED 1,115
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →