2-bed · 1,005 sqftMAG 550, Dubai South · 2nd floor · completed 2020

205, MAG 550

Sold prices and rental history: sold once, by the developer in December 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 205 · DLD and Ejari recordsUpdated 25 June 2026

Last soldAED 990K12 December 2025

Current rentAED 75K /yr25 June 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 205, MAG 550

Today

What is 205 worth today?

Last sold for AED 990,000 in 2025

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25 Jun 2026

25 Jun 2026RentedNew contract

AED 75,000/yr12 months · AED 75 per sqft

31 Dec 2025

31 Dec 2025RentedNew contract

AED 80,000/yr12 months · AED 80 per sqft

12 Dec 2025

12 Dec 2025Sold by developerReady

AED 990,000AED 985 per sqft

1 Sep 2019

1 Sep 2019RentedNew contract

AED 70,000/yr60 months · AED 70 per sqft

Source: Dubai Land Department. Updated 25 June 2026.

Key facts

Type: 2-bed apartment
Size: 1,005 sqft
Floor: 2nd of 6
Parking: G-19
Developer: MAG
Completed: 2020
Service charge: AED 16,700 /yr
Last sold: AED 990K · December 2025
Building: MAG 550

About 205, MAG 550

205 is a two-bedroom apartment of 1,005 sqft on the 2nd floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 12 December 2025 for AED 990,000, or AED 985 per sqft.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 25 June 2026, is AED 75,000 a year: a gross yield of 7.6% on the 2025 price, before the service charge of about AED 16,700 a year.

Sales and rents for 205 over time

Sales

Unit 205, each saleTypical two-bed in MAG 550

205 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 205, each contractTypical two-bed in MAG 550

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 205 sits

All 24 2-beds →

2-beds in MAG 550 · last 12 months1,035 /sqft MAG 550 · all types1,062 /sqft

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. 205's AED 75,000 is in the upper half of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
26 Oct 202626 October 2026	965 sqft	999,000	1,035
17 Dec 202517 December 2025	965 sqft	1,100,000	1,139
17 Dec 202417 December 2024	965 sqft	926,100	959
22 Aug 202422 August 2024	965 sqft	925,000	958

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 2nd floor

All 86 units in MAG 550


201	2-bed	1,040 sqft	AED 700KAED 700,000 · Feb 2020February 2020	63,000 /yr
202	1-bed	666 sqft	AED 460KAED 460,000 · Jan 2024January 2024	54,000 /yr
203	Studio	476 sqft	AED 415KAED 415,000 · Jun 2024June 2024	21,000 /yr
204	1-bed	642 sqft	AED 440KAED 440,000 · Oct 2023October 2023	57,845 /yr
206	1-bed	655 sqft	AED 536KAED 535,555 · May 2016May 2016	60,000 /yr
207	Studio	473 sqft	AED 390KAED 390,000 · May 2024May 2024	44,000 /yr
208	1-bed	642 sqft	AED 550KAED 550,000 · Jul 2024July 2024	55,000 /yr
209	1-bed	638 sqft	AED 539KAED 538,790 · May 2018May 2018	60,000 /yr
210	1-bed	638 sqft	AED 490KAED 490,000 · Feb 2024February 2024	55,000 /yr
211	1-bed	634 sqft	AED 529KAED 528,550 · Mar 2018March 2018	52,000 /yr
212	1-bed	635 sqft	AED 520KAED 520,000 · Sep 2018September 2018	29,500 /yr
213	2-bed	965 sqft	No registered sale	80,000 /yr
214	2-bed	965 sqft	AED 926KAED 926,100 · Dec 2024December 2024	75,000 /yr

1–7 of 13

205, MAG 550 in numbers

Sold once: by MAG on 12 December 2025 for AED 990,000, or AED 985 per sqft.
Rented since September 2019 on 3 Ejari contracts, from AED 70,000 to AED 75,000 a year.
At AED 75,000 a year the gross yield on the 2025 price is 7.6%, before a service charge of about AED 16,700 a year (AED 16.63 per sqft).
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 25 June 2026.

Questions about 205, MAG 550

What did unit 205 last sell for?

AED 990,000 on 12 December 2025, sold by the developer: AED 985 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 75,000 a year on the contract signed on 25 June 2026. The previous contract, from December 2025, was AED 80,000; the unit has been rented since September 2019.

How big is unit 205?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 205 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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Mortgage on 205, MAG 550

Starts from the last sale price (AED 990K, 12 December 2025). Switch to today's estimate once you have unlocked it.

Price: AED 990,000
Deposit, UAE resident (20%): AED 198,000
Deposit, non-resident (40%): AED 396,000
Monthly over 25 years at 3.7%: AED 4,050

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →