112, MAG 550
Sold prices and rental history: sold once, by the developer in April 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 112, MAG 550
What is 112 worth today?
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Source: Dubai Land Department. Updated 20 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 635 sqft
- Floor
- 1st of 6
- Parking
- G-12
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,600 /yr
- Last sold
- AED 528K · April 2018
- Building
- MAG 550
About 112, MAG 550
112 is a one-bedroom apartment of 635 sqft on the 1st floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 30 April 2018 for AED 528,000, or AED 831 per sqft, in line with the AED 831 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 20 September 2026, is AED 52,000 a year: a gross yield of 9.8% on the 2018 price, before the service charge of about AED 10,600 a year.
Sales and rents for 112 over time
112 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in MAG 550, and where 112 sits
All 48 1-beds →112 last sold in April 2018 at AED 831 per sqft, in line with what one-beds in MAG 550 were fetching at the time (AED 831). Over the last 12 months one-beds sold for AED 727,000 to 750,000, around AED 1,107 per sqft, and rent for AED 40,425 to 77,333 a year. 112's AED 52,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 May 20268 May 2026 | 667 sqft | 727,000 | 1,089 | ||
| 25 Dec 202525 December 2025 | 667 sqft | 750,000 | 1,124 | ||
| 8 Oct 20258 October 2025 | 635 sqft | 650,000 | 1,023 | ||
| 29 Jul 202529 July 2025 | 642 sqft | 700,000 | 1,089 |
MAG 550
Building86 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,062
- Typical sale
- AED 870K
- Typical rent
- AED 53K /yr
- Typical yield
- 7.7%
Other units on the 1st floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,040 sqft | No registered sale | 100,000 /yr | |
| 102 | 1-bed | 666 sqft | AED 545KAED 545,000 · Jul 2024July 2024 | 52,000 /yr | |
| 103 | Studio | 476 sqft | AED 381KAED 380,555 · Dec 2016December 2016 | 27,773 /yr | |
| 104 | 1-bed | 642 sqft | AED 556KAED 556,475 · Jul 2016July 2016 | 40,425 /yr | |
| 105 | 2-bed | 1,005 sqft | AED 716KAED 715,920 · Jun 2023June 2023 | 65,000 /yr | |
| 106 | 1-bed | 655 sqft | AED 521KAED 520,555 · Aug 2016August 2016 | 40,500 /yr | |
| 107 | Studio | 473 sqft | AED 386KAED 385,555 · Jul 2016July 2016 | 38,000 /yr | |
| 108 | 1-bed | 642 sqft | AED 550KAED 550,000 · May 2024May 2024 | 50,000 /yr | |
| 109 | 1-bed | 638 sqft | AED 520KAED 520,000 · Jun 2024June 2024 | 53,000 /yr | |
| 110 | 1-bed | 638 sqft | AED 529KAED 529,000 · Oct 2018October 2018 | 50,000 /yr | |
| 111 | 1-bed | 634 sqft | AED 539KAED 538,690 · May 2018May 2018 | 52,000 /yr | |
| 113 | 2-bed | 965 sqft | No registered sale | 75,000 /yr | |
| 114 | 2-bed | 965 sqft | AED 905KAED 905,000 · Jun 2024June 2024 | 78,000 /yr |
112, MAG 550 in numbers
- Sold once: by MAG on 30 April 2018 for AED 528,000, or AED 831 per sqft.
- Rented since May 2019 on 5 Ejari contracts. The rent fell from AED 44,759 to AED 32,000 in 2020 and recovered to AED 52,000 by September 2026.
- At AED 52,000 a year the gross yield on the 2018 price is 9.8%, before a service charge of about AED 10,600 a year (AED 16.63 per sqft).
- One-beds in MAG 550 sold for AED 727,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,062 per sqft.
Source: Dubai Land Department. Updated 20 September 2026.
Questions about 112, MAG 550
What did unit 112 last sell for?
AED 528,000 on 30 April 2018, sold by the developer: AED 831 per sqft for 635 sqft. It is the only registered sale of the unit.
What is the rent for unit 112?
AED 52,000 a year on the contract signed on 20 September 2026. The previous contract, from August 2025, was AED 55,000; the unit has been rented since May 2019.
How big is unit 112?
635 sqft (59.0 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 112 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 550 sold for AED 727,000 to 750,000 in the last 12 months, around AED 1,107 per sqft.
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Mortgage on 112, MAG 550
Starts from the last sale price (AED 528K, 30 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 528,000
- Deposit, UAE resident (20%)
- AED 105,600
- Deposit, non-resident (40%)
- AED 211,200
- Monthly over 25 years at 3.7%
- AED 2,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →