307, MAG 550
Sold prices and rental history: sold 3 times, last in September 2025, 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 307, MAG 550
What is 307 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 15 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 3rd of 6
- Parking
- G-35
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,900 /yr
- Last sold
- AED 500K · September 2025
- Building
- MAG 550
About 307, MAG 550
307 is a studio of 473 sqft on the 3rd floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 September 2025 for AED 500,000, or AED 1,056 per sqft, 8% above the AED 982 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 15 October 2026, is AED 43,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 7,900 a year.
Sales and rents for 307 over time
307 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 550, and where 307 sits
All 12 studios →307 last sold in September 2025 at AED 1,056 per sqft, 8% above what studios in MAG 550 were fetching at the time (AED 982). Over the last 12 months studios sold for AED 430,000, around AED 902 per sqft, and rent for AED 27,773 to 48,000 a year. 307's AED 43,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 476 sqft | 430,000 | 902 | ||
| 31 Oct 202531 October 2025 | 476 sqft | 525,000 | 1,102 | ||
| 4 Jun 20254 June 2025 | 476 sqft | 400,000 | 839 | ||
| 21 Feb 202521 February 2025 | 473 sqft | 465,000 | 982 |
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 3rd floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,040 sqft | AED 719KAED 718,598 · Feb 2023February 2023 | 75,000 /yr | |
| 302 | 1-bed | 655 sqft | AED 521KAED 520,555 · Aug 2016August 2016 | 40,000 /yr | |
| 303 | Studio | 476 sqft | AED 386KAED 385,555 · Aug 2016August 2016 | 39,000 /yr | |
| 304 | 1-bed | 642 sqft | AED 450KAED 450,000 · Feb 2020February 2020 | 34,312 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 850KAED 850,000 · Oct 2021October 2021 | 70,000 /yr | |
| 306 | 1-bed | 666 sqft | AED 640KAED 640,000 · Aug 2024August 2024 | 56,000 /yr | |
| 308 | 1-bed | 642 sqft | AED 530KAED 530,000 · May 2024May 2024 | 26,861 /yr | |
| 309 | 1-bed | 638 sqft | AED 455KAED 455,000 · Feb 2019February 2019 | 48,500 /yr | |
| 310 | 1-bed | 638 sqft | AED 529KAED 529,259 · Nov 2017November 2017 | 47,000 /yr | |
| 311 | 1-bed | 634 sqft | AED 500KAED 499,999 · Sep 2018September 2018 | 26,000 /yr | |
| 312 | 1-bed | 635 sqft | AED 535KAED 535,000 · Sep 2024September 2024 | 30,000 /yr | |
| 313 | 2-bed | 965 sqft | AED 905KAED 905,000 · Jun 2024June 2024 | 80,000 /yr | |
| 314 | 2-bed | 965 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 71,000 /yr |
307, MAG 550 in numbers
- Sold 3 times: first on 19 June 2016 for AED 385,555, last on 18 September 2025 for AED 500,000 (AED 1,056 per sqft).
- Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 23,000 to AED 20,000 in 2021 and recovered to AED 43,000 by October 2026.
- At AED 43,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 7,900 a year (AED 16.63 per sqft).
- Studios in MAG 550 sold for AED 430,000–430,000 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 15 October 2026.
Questions about 307, MAG 550
What did unit 307 last sell for?
AED 500,000 on 18 September 2025: AED 1,056 per sqft for 473 sqft. The unit has 3 registered sales; the first was AED 385,555 in June 2016.
What is the rent for unit 307?
AED 43,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2025, was AED 45,000; the unit has been rented since November 2019.
How big is unit 307?
473 sqft (43.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 550 sold for AED 430,000 to 430,000 in the last 12 months, around AED 902 per sqft.
Selling 307? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 307, MAG 550
Starts from the last sale price (AED 500K, 18 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →