211, MAG 550
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 211, MAG 550
What is 211 worth today?
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Source: Dubai Land Department. Updated 1 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 634 sqft
- Floor
- 2nd of 6
- Parking
- G-25
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,500 /yr
- Last sold
- AED 529K · March 2018
- Building
- MAG 550
About 211, MAG 550
211 is a one-bedroom apartment of 634 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 26 March 2018 for AED 528,550, or AED 833 per sqft, in line with the AED 832 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 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 10,500 a year.
Sales and rents for 211 over time
211 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 211 sits
All 48 1-beds →211 last sold in March 2018 at AED 833 per sqft, in line with what one-beds in MAG 550 were fetching at the time (AED 832). 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. 211'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 2nd floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 205 | 2-bed | 1,005 sqft | AED 990KAED 990,000 · Dec 2025December 2025 | 75,000 /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 | |
| 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 |
211, MAG 550 in numbers
- Sold once: by MAG on 26 March 2018 for AED 528,550, or AED 833 per sqft.
- Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 29,000 to AED 24,500 in 2021 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 10,500 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 1 September 2026.
Questions about 211, MAG 550
What did unit 211 last sell for?
AED 528,550 on 26 March 2018, sold by the developer: AED 833 per sqft for 634 sqft. It is the only registered sale of the unit.
What is the rent for unit 211?
AED 52,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 52,000; the unit has been rented since February 2020.
How big is unit 211?
634 sqft (58.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 211 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 211, MAG 550
Starts from the last sale price (AED 529K, 26 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 528,550
- Deposit, UAE resident (20%)
- AED 105,710
- Deposit, non-resident (40%)
- AED 211,420
- Monthly over 25 years at 3.7%
- AED 2,162
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →