1-bed · 483 sqftMAG 555, Dubai South · 6th floor · completed 2020

611, MAG 555

Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 425K24 June 2024
Current rentAED 50K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, MAG 555

What is 611 worth today?

Last sold for AED 425,000 in 2024

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1 May 2026RentedNew contract
AED 50,000/yr12 months · AED 103 per sqft
1 Mar 2025RentedNew contract
AED 46,000/yr12 months · AED 95 per sqft
24 Jun 2024SoldReady
AED 425,000AED 879 per sqft
1 Mar 2023RentedRenewal
AED 20,000/yr12 months · AED 41 per sqft
1 Mar 2022RentedRenewal
AED 19,000/yr12 months · AED 39 per sqft
1 Mar 2021RentedNew contract
AED 19,000/yr12 months · AED 39 per sqft
29 Aug 2017Sold by developerOff-plan
AED 460,000AED 952 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
6th of 6
Parking
G-41
Developer
MAG
Completed
2020
Service charge
AED 7,200 /yr
Last sold
AED 425K · June 2024
Building
MAG 555

About 611, MAG 555

611 is a one-bedroom apartment of 483 sqft on the 6th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 24 June 2024 for AED 425,000, or AED 879 per sqft, in line with the AED 879 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 May 2026, is AED 50,000 a year: a gross yield of 11.8% on the 2024 price, before the service charge of about AED 7,200 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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 460,000 (AED 952 per sqft)Sold, June 2024: AED 425,000 (AED 879 per sqft)

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

Rents
Unit 611, 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 2021: AED 19,000 a yearRenewal, March 2022: AED 19,000 a yearRenewal, March 2023: AED 20,000 a yearNew contract, March 2025: AED 46,000 a yearNew contract, May 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 611 sits

All 57 1-beds →

611 last sold in June 2024 at AED 879 per sqft, in line with what one-beds in MAG 555 were fetching at the time (AED 879). 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. 611'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 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
6061-bedAED 223K · Apr 2024
607StudioAED 272K · Dec 2022
1–7 of 20

611, MAG 555 in numbers

  • Sold twice: first on 29 August 2017 for AED 460,000, last on 24 June 2024 for AED 425,000 (AED 879 per sqft).
  • Rented since March 2021 on 5 Ejari contracts, from AED 19,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 11.8%, 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 1 May 2026.

Questions about 611, MAG 555

What did unit 611 last sell for?

AED 425,000 on 24 June 2024: AED 879 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 460,000 in August 2017.

What is the rent for unit 611?

AED 50,000 a year on the contract signed on 1 May 2026. The previous contract, from March 2025, was AED 46,000; the unit has been rented since March 2021.

How big is unit 611?

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

What is unit 611 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 611, MAG 555

Starts from the last sale price (AED 425K, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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