2-bed apartments in MAG 550
Two-beds in Dubai South. 3 two-beds sold in the last 12 months; every sale, rent and unit is below.
About the two-beds in MAG 550
MAG 550 has 24 two-beds, 28% of its 86 apartments, at 965 to 1,041 sqft. They are the most traded homes in the building: 3 of the 6 sales registered in the last 12 months were two-beds. The service charge is AED 16.63 per sqft a year.
3 two-beds sold in the 12 months to October 2026, at a median of AED 1,035 per sqft. The median sale was AED 999,000, from AED 990,000 to 1,100,000, against a median of AED 1,062 per sqft for the building as a whole. 10 contracts registered over the same 12 months rented them for AED 55,000 to 80,000 a year, a gross yield of about 7.5% before the service charge.
- 2-beds
- 24
- Share of building
- 28%
- Size
- 965–1,041 sqft
- Last sale
- 26 October 2026
- Building
- MAG 550
Average prices in MAG 550
Two-beds in MAG 550 sell for around AED 999,000, or AED 1,035 per sqft, close to the building average. The other types: AED 430,000 for studios and AED 739,000 for one-beds.
Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.
2-bed price history in MAG 550
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
2-bed transactions in MAG 550
- Completed2-bed · 965 sqft 26 Oct 2026AED 999,0001,035 /sqft
- Completed2-bed · 965 sqft 17 Dec 2025AED 1,100,0001,140 /sqft
- Completed2-bed · 1,004 sqft 12 Dec 2025AED 990,000985 /sqft
- Completed2-bed · 965 sqft 17 Dec 2024AED 926,100959 /sqft
- Completed2-bed · 965 sqft 22 Aug 2024AED 925,000958 /sqft
- Completed2-bed · 965 sqft 10 Jun 2024AED 905,000938 /sqft
- Completed2-bed · 965 sqft 10 Jun 2024AED 905,000938 /sqft
- Completed2-bed · 1,004 sqft 22 Jun 2023AED 715,920712 /sqft
- Completed2-bed · 965 sqft 03 Feb 2023AED 685,000710 /sqft
- Completed2-bed · 1,039 sqft 03 Feb 2023AED 718,598691 /sqft
Over the last 12 months, MAG 550 has recorded 3 two-bed sales. Typical homes sold for around AED 999K (about AED 1,035 per sqft) with a median size of 965 sqft, from roughly AED 990K to AED 1.1M.
2-bed apartments in MAG 550
24 units- Unit 1012-bed · 1,040 sqftRented AED 100K/yr
- Unit 1052-bed · 1,005 sqftSold AED 716K, Jun 2023
- Unit 1132-bed · 965 sqftRented AED 75K/yr
- Unit 1142-bed · 965 sqftSold AED 905K, Jun 2024
- Unit 2012-bed · 1,040 sqftSold AED 700K, Feb 2020
- Unit 2052-bed · 1,005 sqftSold AED 990K, Dec 2025
- Unit 2132-bed · 965 sqftRented AED 80K/yr
- Unit 2142-bed · 965 sqftSold AED 926K, Dec 2024
- Unit 3012-bed · 1,040 sqftSold AED 719K, Feb 2023
- Unit 3052-bed · 1,005 sqftSold AED 850K, Oct 2021
Nearby buildings in Dubai South
All 125 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| MAG 555 | 2020 | AED 1,265 | AED 98 | 7.7% |
| MAG 545 | 2020 | AED 1,059 | AED 78 | 7.4% |
| MAG 560 | 2020 | AED 1,085 | AED 92 | 8.5% |
| MAG 525 | 2020 | AED 1,117 | AED 80 | 7.1% |
| MAG 515 | 2020 | AED 1,092 | AED 96 | 8.8% |
| MAG 540 | 2020 | AED 1,150 | AED 86 | 7.5% |
| MAG 520 | 2020 | AED 1,180 | AED 93 | 7.9% |
| South Living | 2020 | Few sales | ||
| MAG 530 | 2020 | AED 1,133 | AED 78 | 6.9% |
| MAG 535 | 2020 | AED 1,036 | AED 79 | 7.6% |
MAG 550 2-beds in numbers
- Across 3 DLD sales in the 12 months to October 2026, the median price in 2-bed apartments in MAG 550 was AED 1,035 per sqft and the typical home sold for about AED 999K.
- Completed in 2020 by MAG; 6 floors of studios to three-beds; service charge AED 16.63 per sqft a year.
- Two-beds of 965 to 1,041 sqft sold for AED 990,000 to 1,100,000 between December 2025 and October 2026, a median AED 1,035 per sqft.
- A two-bed of 965 to 1,041 sqft rents for AED 55,000 to 80,000 a year on the 10 contracts registered in the last 12 months.
- Gross rental yield 7.5%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 26 October 2026.
Questions about 2-beds in MAG 550
How much does a two-bed in MAG 550 cost?
3 two-beds sold in the 12 months to October 2026, for AED 990,000 to 1,100,000; the median was AED 999,000, or AED 1,035 per sqft.
How much is a two-bed for rent in MAG 550?
About AED 76,000 a year: that is the median of the 10 contracts for two-beds registered with Ejari in the 12 months to October 2026, from AED 55,000 to 80,000.
What is the rental yield in MAG 550?
About 7.5% gross for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in MAG 550?
AED 16.63 per sqft a year. For a typical 965 sqft home that is about AED 16,000 a year.
Who built MAG 550 and when?
MAG; completed in 2020; 6 floors; 86 apartments.
How many two-beds are there in MAG 550?
24, of 965 to 1,041 sqft, 28% of the building's 86 apartments.
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