2-bed · 965 sqftMAG 550, Dubai South · 3rd floor · completed 2020

313, MAG 550

Sold prices and rental history: sold once, by the developer in June 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 905K10 June 2024
Current rentAED 80K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, MAG 550

What is 313 worth today?

Last sold for AED 905,000 in 2024

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15 Mar 2026RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
3 Sep 2024RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
10 Jun 2024Sold by developerReady
AED 905,000AED 937 per sqft
1 Sep 2019RentedNew contract
AED 75,000/yr60 months · AED 78 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
2-bed apartment
Size
965 sqft
Floor
3rd of 6
Parking
G-42
Developer
MAG
Completed
2020
Service charge
AED 16,100 /yr
Last sold
AED 905K · June 2024
Building
MAG 550

About 313, MAG 550

313 is a two-bedroom apartment of 965 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 10 June 2024 for AED 905,000, or AED 937 per sqft, in line with the AED 937 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 March 2026, is AED 80,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 16,100 a year.

Sales and rents for 313 over time

Sales
Unit 313, each saleTypical two-bed in MAG 550
800K2018202020222024Typical sale price by year: 2018 AED 674,000; 2023 AED 715,920; 2024 AED 915,000Sold by developer, June 2024: AED 905,000 (AED 937 per sqft)

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

Rents
Unit 313, each contractTypical two-bed in MAG 550
40K60K80K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 45,000; 2021 AED 38,000; 2022 AED 40,290; 2023 AED 54,000; 2024 AED 70,000; 2025 AED 71,000; 2026 AED 75,000New contract, September 2019: AED 75,000 a yearNew contract, September 2024: AED 70,000 a yearNew contract, March 2026: AED 80,000 a year

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 313 sits

All 24 2-beds →

313 last sold in June 2024 at AED 937 per sqft, in line with what two-beds in MAG 550 were fetching at the time (AED 937). 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. 313's AED 80,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 2026999,000
17 Dec 20251,100,000
12 Dec 2025990,000
17 Dec 2024926,100
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 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

313, MAG 550 in numbers

  • Sold once: by MAG on 10 June 2024 for AED 905,000, or AED 937 per sqft.
  • Rented since September 2019 on 3 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 8.8%, before a service charge of about AED 16,100 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 15 March 2026.

Questions about 313, MAG 550

What did unit 313 last sell for?

AED 905,000 on 10 June 2024, sold by the developer: AED 937 per sqft for 965 sqft. It is the only registered sale of the unit.

What is the rent for unit 313?

AED 80,000 a year on the contract signed on 15 March 2026. The previous contract, from September 2024, was AED 70,000; the unit has been rented since September 2019.

How big is unit 313?

965 sqft (89.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 313 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 313, MAG 550

Starts from the last sale price (AED 905K, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 905,000
Deposit, UAE resident (20%)
AED 181,000
Deposit, non-resident (40%)
AED 362,000
Monthly over 25 years at 3.7%
AED 3,703

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