MAG 555 rents
- 474 new leases and 414 renewals in 12 months
- Dubai South
A one-bed here leases for about AED 52,000 a year, 5% below the typical Dubai South one-bed. New tenants pay more than renewing ones, who pay AED 47,250.
1 bed · typical new lease
52,000AEDa year
AED 90/sqft · +4.0% on a year
- A month, roughly
- AED 4,333
- Renewal
- AED 47,250
- vs Dubai South 1 bed
- 5% below the median
- New leases, 12 months
- 240
What should a lease in MAG 555 cost?A one-bed leases for about AED 52,000 a year; new tenants pay 10.1% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Dubai South median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A one-bed here now costs 4.0% more than a year earlier: AED 52,000 against 50,000.
Chart data, 1 bed: 2019, AED 30,000; latest, 2026, AED 50,000; peak, 2025, AED 51,500.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About MAG 555An apartment building in Dubai South, a 30-minute drive from Dubai Marina
MAG 555 is an apartment building completed in 2020 in Dubai South. 888 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
Drive times · typical
- Downtown
- 34 min · 42 km
- DXB Airport
- 35 min · 51 km
- DIFC
- 32 min · 45 km
- Dubai Marina
- 30 min · 32 km
- Palm Jumeirah
- 36 min · 36 km
Nearest, as registered
- Landmark
- Expo 2020 Site
Letting a unit in MAG 555?New tenants pay more than renewing ones
- New tenant vs renewal
- +8.8%
- New leases AED 48,000, renewals 44,100, all types
- Short-let instead, one-bed
- AED 440
- a night on Airbnb; nets 1.7× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? MAG 555 sale prices →Comparables in Dubai South
Every Dubai South building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. MAG 555 places 15th of 224; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against MAG 555.
At 1 bed, MAG 555 ranks 4th of 36 by rent per square foot and 6th of 22 by gross yield in Dubai South.
Market context in Dubai South
Registered sales activity
888 ready apartment sales in the 12 months to 2026-10-12.
+7.3% in median AED/sqft versus the preceding year, supported by 888 current and 844 prior price observations.
Explore sales activityPlanned apartment projects
4,261 known registered units across 20 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
14,194 apartments are planned in Dubai South from 2026 to 2028, equal to 3.0 times the 4,798 homes let there today.
Ready prices per sqft fell in 9% of 22 buildings (counted once per bedroom type) in Dubai South with sales in both years; the typical one moved +7.7%.
New-lease rents fell in 6% of 17 buildings (counted once per bedroom type) with leases in both years; the typical one moved +1.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The MAG 5 Boulevard towers
13 towers in MAG 5 Boulevard, at the bedroom type above.
Ejari files MAG 5 Boulevard’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Dubai South: every development at this typeDubai South: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
Nearby in Dubai South
Prices per sq ft around MAG 555, on the mapPrices per sq ft around MAG 555, on the map
MAG 520
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
MAG 565
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
MAG 530
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
MAG 545
Dubai South · 474 contracts, 12 months
48,000
AED a year median · 93/sqft
Ask about MAG 555
Looking to buy or rent here? Tell us what you need: unit type, budget, timing.
We reply by phone, WhatsApp or email, and put you in touch with a licensed agent.
Common questions
- What is the registered annual rent for a 1 bedroom in MAG 555?
- The median new annual rent is AED 52,000, from 240 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in MAG 555 risen or fallen?
- The median new annual rent changed +4.0% in the trailing 12 months against the previous 12, using 240 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in MAG 555 pay more than sitting ones?
- A new tenant pays +10.1% against a renewing one, across 229 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in MAG 555?
- 4 sales were registered with the Dubai Land Department in the last 12 months, alongside 240 Ejari rental contracts. Every median on this page rests on those counts.
- What is the rental yield in MAG 555?
- MAG 555 returns 8.6% gross: a median new-contract rent of AED 52,000 a year (240 Ejari contracts in 12 months) over a price benchmark of AED 607,500 (median of 4 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
For agents
Send this page to a client as a branded report
MAG 555 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 188 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/dubai-south/mag-555
Cite as: Dubai Wealth Index. “MAG 555 rents and yield.” Dubai South, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/dubai-south/mag-555
Stable dataJSON