622, MAG 555
Sold prices and rental history: sold once, by the developer in May 2019, 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 622, MAG 555
What is 622 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 6th of 6
- Parking
- G-132
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 5,400 /yr
- Last sold
- AED 328K · May 2019
- Building
- MAG 555
About 622, MAG 555
622 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 20 May 2019 for AED 328,000, or AED 910 per sqft, in line with the AED 910 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 35,000 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 5,400 a year.
Sales and rents for 622 over time
622 has sold once; 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 622 sits
All 60 studios →622 last sold in May 2019 at AED 910 per sqft, in line with what studios in MAG 555 were fetching at the time (AED 910). 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. 622's AED 35,000 is in the lower half 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 | |
| 607 | Studio | 389 sqft | AED 272KAED 272,462 · Dec 2022December 2022 | 27,600 /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, MAG 555 in numbers
- Sold once: by MAG on 20 May 2019 for AED 328,000, or AED 910 per sqft.
- Rented since April 2020 on 4 Ejari contracts, from AED 19,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2019 price is 10.7%, 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 15 February 2026.
Questions about 622, MAG 555
What did unit 622 last sell for?
AED 328,000 on 20 May 2019, sold by the developer: AED 910 per sqft for 360 sqft. It is the only registered sale of the unit.
What is the rent for unit 622?
AED 35,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2024, was AED 29,000; the unit has been rented since April 2020.
How big is unit 622?
360 sqft (33.4 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 622 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 622, MAG 555
Starts from the last sale price (AED 328K, 20 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 328,000
- Deposit, UAE resident (20%)
- AED 65,600
- Deposit, non-resident (40%)
- AED 131,200
- Monthly over 25 years at 3.7%
- AED 1,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →