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2-bed · 965 sqftMAG 550, Dubai South · 1st floor · completed 2020

113, MAG 550

Sold prices and rental history: no registered sale, and rented once, from July 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 1 July 2019
Current rentAED 75K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 113, MAG 550

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1 Jul 2019RentedNew contract
AED 75,000/yr60 months · AED 77 per sqft

Source: Dubai Land Department. Updated 1 July 2019.

Key facts

Type
2-bed apartment
Size
965 sqft
Floor
1st of 6
Parking
G-13
Developer
MAG
Completed
2020
Service charge
AED 16,100 /yr
Last sold
No registered sale
Building
MAG 550

About 113, MAG 550

113 is a two-bedroom apartment of 965 sqft on the 1st floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. No sale of the unit is registered with the Dubai Land Department.

One Ejari contract is registered, from 1 July 2019. The current contract, signed on 1 July 2019, is AED 75,000 a year, before the service charge of about AED 16,100 a year.

Sales and rents for 113 over time

Sales
Unit 113, each saleTypical two-bed in MAG 550
800K2018202020222024Typical sale price by year: 2018 AED 674,000; 2023 AED 715,920; 2024 AED 915,000

No registered sale of 113; the dashed line is the two-bed median of each year in the building.

Rents
Unit 113, each contractTypical two-bed in MAG 550
40K60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 45,000; 2021 AED 38,000; 2022 AED 40,290; 2023 AED 54,000; 2024 AED 70,000; 2025 AED 71,000; 2026 AED 75,000New contract, July 2019: AED 75,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 550, and where 113 sits

All 24 2-beds →

Over the last 12 months two-beds sold for AED 990,000 to 1,100,000, around AED 1,035 per sqft, and rent for AED 55,000 to 80,000 a year. 113's AED 75,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 2026999,000
17 Dec 20251,100,000
12 Dec 2025990,000
17 Dec 2024926,100
3 2-bed sales in the last 12 months

MAG 550

Building

86 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%
MAG 550, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 86 units in MAG 550
Value
1012-bedNo registered sale
1021-bedAED 545K · Jul 2024
103StudioAED 381K · Dec 2016
1041-bedAED 556K · Jul 2016
1052-bedAED 716K · Jun 2023
1061-bedAED 521K · Aug 2016
107StudioAED 386K · Jul 2016
1–7 of 13

113, MAG 550 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since July 2019 on one Ejari contract, at AED 75,000 a year.
  • Two-beds in MAG 550 sold for AED 990,000–1,100,000 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 1 July 2019.

Questions about 113, MAG 550

What is the rent for unit 113?

AED 75,000 a year on the contract signed on 1 July 2019.

How big is unit 113?

965 sqft (89.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 113 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 550 sold for AED 990,000 to 1,100,000 in the last 12 months, around AED 1,035 per sqft.

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