1-bed · 638 sqftMAG 550, Dubai South · 3rd floor · completed 2020

310, MAG 550

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 310 · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 529K21 November 2017
Current rentAED 47K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 310, MAG 550

What is 310 worth today?

Last sold for AED 529,259 in 2017

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20 Mar 2026RentedNew contract
AED 47,000/yr12 months · AED 74 per sqft
20 Mar 2024RentedNew contract
AED 46,000/yr12 months · AED 72 per sqft
12 Aug 2023RentedNew contract
AED 36,000/yr12 months · AED 57 per sqft
1 Jun 2022RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
1 Feb 2020RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
21 Nov 2017Sold by developerOff-plan
AED 529,259AED 830 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
3rd of 6
Parking
G-39
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 529K · November 2017
Building
MAG 550

About 310, MAG 550

310 is a one-bedroom apartment of 638 sqft on the 3rd floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 November 2017 for AED 529,259, or AED 830 per sqft, in line with the AED 808 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 20 March 2026, is AED 47,000 a year: a gross yield of 8.9% on the 2017 price, before the service charge of about AED 10,600 a year.

Sales and rents for 310 over time

Sales
Unit 310, each saleTypical one-bed in MAG 550
500K600K2016201920222025Typical sale price by year: 2016 AED 540,555; 2017 AED 515,000; 2018 AED 531,209; 2019 AED 515,555; 2023 AED 445,000; 2024 AED 535,000; 2025 AED 645,000Sold by developer, November 2017: AED 529,259 (AED 830 per sqft)

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

Rents
Unit 310, each contractTypical one-bed in MAG 550
20K40K20192021202320252027Typical rent by year: 2019 AED 30,000; 2020 AED 28,000; 2021 AED 27,000; 2022 AED 28,000; 2023 AED 33,000; 2024 AED 43,500; 2025 AED 50,000; 2026 AED 52,000New contract, February 2020: AED 24,000 a yearNew contract, June 2022: AED 27,000 a yearNew contract, August 2023: AED 36,000 a yearNew contract, March 2024: AED 46,000 a yearNew contract, March 2026: AED 47,000 a year

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 310 sits

All 48 1-beds →

310 last sold in November 2017 at AED 830 per sqft, in line with what one-beds in MAG 550 were fetching at the time (AED 808). 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. 310's AED 47,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 May 2026727,000
25 Dec 2025750,000
8 Oct 2025650,000
29 Jul 2025700,000
2 1-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 3rd floor

All 86 units in MAG 550
Value
3012-bedAED 719K · Feb 2023
3021-bedAED 521K · Aug 2016
303StudioAED 386K · Aug 2016
3041-bedAED 450K · Feb 2020
3052-bedAED 850K · Oct 2021
3061-bedAED 640K · Aug 2024
307StudioAED 500K · Sep 2025
1–7 of 13

310, MAG 550 in numbers

  • Sold once: by MAG on 21 November 2017 for AED 529,259, or AED 830 per sqft.
  • Rented since February 2020 on 5 Ejari contracts, from AED 24,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2017 price is 8.9%, before a service charge of about AED 10,600 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 20 March 2026.

Questions about 310, MAG 550

What did unit 310 last sell for?

AED 529,259 on 21 November 2017, sold by the developer: AED 830 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 310?

AED 47,000 a year on the contract signed on 20 March 2026. The previous contract, from March 2024, was AED 46,000; the unit has been rented since February 2020.

How big is unit 310?

638 sqft (59.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 310 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 310, MAG 550

Starts from the last sale price (AED 529K, 21 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 529,259
Deposit, UAE resident (20%)
AED 105,852
Deposit, non-resident (40%)
AED 211,704
Monthly over 25 years at 3.7%
AED 2,165

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