PropertyIndex

MAG 555

Completed|132 units · 1 building

MAG 555 is a completed development by MAG 5 PROPERTY DEVELOPMENT L.L.C in Dubai South (Dubai World Central), comprising 132 registered units. 177 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,219 per sqft. At AED 1,219 per sqft, MAG 555 prices 13% above the Dubai South (Dubai World Central) median of AED 1,079 per sqft on registered sales.

PIX© price · 16.0% YoY
540KAED
Typical
1,219AED
PSF
Gross yield
8.3%
PIX© rent ÷ PIX© price
Sale records
177
DLD · all time
Rent contracts
602
Ejari · all time
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PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 2

Studio on Floor 2, MAG 555

Size
Record
Sep 2018 to Feb 2025
Owners
4
Tenants
3
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
4Owner 418 Feb 202519 mo
Current owner
Sold with tenant in place
Mortgage
3Tenant 327 Dec 202412 mo
Owner 3
3Owner 326 Sep 20245 mo
Sold with tenant in place
2Owner 221 May 20244 mo
Sold with tenant in place
2Tenant 21 Dec 202313 mo
Renewal
Owner 1
2Tenant 21 Dec 202212 mo
Owner 1
1Tenant 13 Nov 202110 mo
Renewal · Ended early
Owner 1
1Tenant 13 Nov 202012 mo
Owner 1
1Owner 110 Sep 20185.7 yrs
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Studio · Floor 2 · MAG 555
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MAG 555

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
347 - 666 sqft
132540K1,21916.0%45K8.3%
Studio · Apartment
347 - 437 sqft
60
1 Bed · Apartment
478 - 657 sqft
60
2 Bed · Apartment
665 - 666 sqft
12---
Sales - Project-Wide177 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
4 Sep 20261 BedMAG 555 · Floor 1478600,0001,255+37.0%StandardStandard Sale
18 Aug 20261 BedMAG 555 · Floor 6629682,0001,084-StandardStandard Sale
4 Aug 2026StudioMAG 555 · Floor 4347445,0001,281+11.3%StandardStandard Sale
Rentals - Project-Wide602 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Oct 20262 BedMAG 555 · Floor 666563,00095-StandardCERTIFICATE
16 Sep 20261 BedMAG 555 · Floor 562950,00079-StandardCERTIFICATE
15 Sep 2026StudioMAG 555 · Floor 236039,000108-StandardCONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai South (Dubai World Central)

The closest-priced registered projects in Dubai South (Dubai World Central).

Common questions about MAG 555

Answered from Dubai Land Department registered transactions.

How much does a property in MAG 555 cost?

Property in MAG 555 sells at a current PIX© price of AED 1,219 per sqft, or about AED 539,748 for a typical unit, based on 177 sales registered with the Dubai Land Department.

Is MAG 555 completed?

Yes. MAG 555 is recorded as completed in the Dubai Land Department project register.

Who is the developer of MAG 555?

MAG 555 is developed by MAG 5 PROPERTY DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in MAG 555?

MAG 555 yields 8.3% gross, calculated from current PIX© rent against current PIX© sale price, across 602 registered Ejari contracts.

How many units are in MAG 555?

MAG 555 holds 132 registered units, per the Dubai Land Department unit register.

Have prices in MAG 555 gone up or down?

Price per sqft has risen +16.0% over the last 12 months, to AED 1,219, across 177 registered sales.