Studio · 360 sqftMAG 555, Dubai South · 6th floor · completed 2020

621, MAG 555

Sold prices and rental history: sold once, by the developer in August 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 621 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 328K29 August 2018
Current rentAED 45K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 621, MAG 555

What is 621 worth today?

Last sold for AED 327,500 in 2018

Unlock today's estimate, updated daily, with

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

1 Jan 2026RentedNew contract
AED 45,000/yr12 months · AED 127 per sqft
26 Dec 2024RentedNew contract
AED 40,000/yr12 months · AED 113 per sqft
25 Dec 2023RentedNew contract
AED 37,000/yr12 months · AED 104 per sqft
15 Jun 2023RentedNew contract
AED 32,000/yr12 months · AED 90 per sqft
5 Jun 2022RentedNew contract
AED 24,000/yr12 months · AED 68 per sqft
8 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 67 per sqft
29 Aug 2018Sold by developerOff-plan
AED 327,500AED 909 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
6th of 6
Parking
G-131
Developer
MAG
Completed
2020
Service charge
AED 5,400 /yr
Last sold
AED 328K · August 2018
Building
MAG 555

About 621, MAG 555

621 is a studio of 360 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 29 August 2018 for AED 327,500, or AED 909 per sqft, in line with the AED 917 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 January 2026, is AED 45,000 a year: a gross yield of 13.7% on the 2018 price, before the service charge of about AED 5,400 a year.

Sales and rents for 621 over time

Sales
Unit 621, each saleTypical studio in MAG 555
300K400K500K2017202020232026Typical sale price by year: 2017 AED 353,035; 2018 AED 365,000; 2019 AED 374,555; 2020 AED 316,750; 2023 AED 300,000; 2024 AED 400,000; 2025 AED 425,000; 2026 AED 473,500Sold by developer, August 2018: AED 327,500 (AED 909 per sqft)

621 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 621, each contractTypical studio in MAG 555
20K40K20192021202320252027Typical rent by year: 2019 AED 25,000; 2020 AED 19,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 25,000; 2024 AED 34,000; 2025 AED 40,000; 2026 AED 39,000New contract, July 2020: AED 24,000 a yearNew contract, June 2022: AED 24,000 a yearNew contract, June 2023: AED 32,000 a yearNew contract, December 2023: AED 37,000 a yearNew contract, December 2024: AED 40,000 a yearNew contract, January 2026: AED 45,000 a year

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 621 sits

All 60 studios →

621 last sold in August 2018 at AED 909 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 917). 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. 621's AED 45,000 is at the top of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Aug 2026445,000
4 Jun 2026467,000
16 Feb 2026540,000
30 Jan 2026480,000
4 studio 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

621, MAG 555 in numbers

  • Sold once: by MAG on 29 August 2018 for AED 327,500, or AED 909 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 24,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 13.7%, before a service charge of about AED 5,400 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 1 January 2026.

Questions about 621, MAG 555

What did unit 621 last sell for?

AED 327,500 on 29 August 2018, sold by the developer: AED 909 per sqft for 360 sqft. It is the only registered sale of the unit.

What is the rent for unit 621?

AED 45,000 a year on the contract signed on 1 January 2026. The previous contract, from December 2024, was AED 40,000; the unit has been rented since July 2020.

How big is unit 621?

360 sqft (33.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.

What is unit 621 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.

Selling 621? 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 621, MAG 555

Starts from the last sale price (AED 328K, 29 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 327,500
Deposit, UAE resident (20%)
AED 65,500
Deposit, non-resident (40%)
AED 131,000
Monthly over 25 years at 3.7%
AED 1,340

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