1-bed · 319 sqftMAG 555, Dubai South · 6th floor · completed 2020

614, MAG 555

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 5 February 2026
Last soldAED 480K10 June 2019
Current rentAED 47K /yr5 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, MAG 555

What is 614 worth today?

Last sold for AED 480,000 in 2019

Unlock today's estimate, updated daily, with

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

5 Feb 2026RentedRenewal
AED 47,000/yr12 months · AED 74 per sqft
5 Feb 2025RentedRenewal
AED 37,000/yr12 months · AED 58 per sqft
5 Feb 2025RentedRenewal
AED 37,000/yr12 months · AED 58 per sqft
5 Feb 2024RentedRenewal
AED 35,000/yr12 months · AED 55 per sqft
5 Feb 2023RentedNew contract
AED 29,000/yr12 months · AED 46 per sqft
5 Feb 2022RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
25 Jan 2021RentedRenewal
AED 26,000/yr12 months · AED 41 per sqft
25 Jan 2020RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 5 February 2026.

Key facts

Type
1-bed apartment
Size
319 sqft
Floor
6th of 6
Parking
G-124
Developer
MAG
Completed
2020
Service charge
AED 4,800 /yr
Last sold
AED 480K · June 2019
Building
MAG 555

About 614, MAG 555

614 is a one-bedroom apartment of 319 sqft on the 6th floor of MAG 555, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 10 June 2019 for AED 480,000, or AED 752 per sqft, 18% below the AED 922 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 5 February 2026, is AED 47,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 4,800 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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 480,000 (AED 752 per sqft)

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

Rents
Unit 614, 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, January 2020: AED 26,000 a yearRenewal, January 2021: AED 26,000 a yearRenewal, February 2022: AED 26,000 a yearNew contract, February 2023: AED 29,000 a yearRenewal, February 2024: AED 35,000 a yearRenewal, February 2025: AED 37,000 a yearRenewal, February 2025: AED 37,000 a yearRenewal, February 2026: AED 47,000 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 614 sits

All 57 1-beds →

614 last sold in June 2019 at AED 752 per sqft, 18% below what one-beds in MAG 555 were fetching at the time (AED 922). 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. 614's AED 47,000 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

614, MAG 555 in numbers

  • Sold once: by MAG on 10 June 2019 for AED 480,000, or AED 752 per sqft.
  • Rented since January 2020 on 8 Ejari contracts, from AED 26,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 4,800 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 5 February 2026.

Questions about 614, MAG 555

What did unit 614 last sell for?

AED 480,000 on 10 June 2019, sold by the developer: AED 752 per sqft for 319 sqft. It is the only registered sale of the unit.

What is the rent for unit 614?

AED 47,000 a year on the contract renewed on 5 February 2026. The previous contract, from February 2025, was AED 37,000; the unit has been rented since January 2020.

How big is unit 614?

319 sqft (29.6 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 614 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 614? 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 614, MAG 555

Starts from the last sale price (AED 480K, 10 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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