314, MAG 550
Sold prices and rental history: sold twice, last in December 2025, 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 314, MAG 550
What is 314 worth today?
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Source: Dubai Land Department. Updated 17 December 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 965 sqft
- Floor
- 3rd of 6
- Parking
- G-43
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 1.1M · December 2025
- Building
- MAG 550
About 314, MAG 550
314 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. It last sold on 17 December 2025 for AED 1,100,000, or AED 1,139 per sqft, 16% above the AED 985 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 15 May 2025, is AED 71,000 a year: a gross yield of 6.5% on the 2025 price, before the service charge of about AED 16,100 a year.
Sales and rents for 314 over time
314 has sold twice; the dashed line is the two-bed median of each year in the building.
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 314 sits
All 24 2-beds →314 last sold in December 2025 at AED 1,139 per sqft, 16% above what two-beds in MAG 550 were fetching at the time (AED 985). 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. 314's AED 71,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Oct 202626 October 2026 | 965 sqft | 999,000 | 1,035 | ||
| 12 Dec 202512 December 2025 | 1,005 sqft | 990,000 | 985 | ||
| 17 Dec 202417 December 2024 | 965 sqft | 926,100 | 959 | ||
| 22 Aug 202422 August 2024 | 965 sqft | 925,000 | 958 |
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
- 7.6%
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 | |
| 307 | Studio | 473 sqft | AED 500KAED 500,000 · Sep 2025September 2025 | 43,000 /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, MAG 550 in numbers
- Sold twice: first on 30 September 2018 for AED 674,000, last on 17 December 2025 for AED 1,100,000 (AED 1,139 per sqft).
- Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 43,000 to AED 38,000 in 2021 and recovered to AED 71,000 by May 2025.
- At AED 71,000 a year the gross yield on the 2025 price is 6.5%, 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 17 December 2025.
Questions about 314, MAG 550
What did unit 314 last sell for?
AED 1,100,000 on 17 December 2025: AED 1,139 per sqft for 965 sqft. The unit has 2 registered sales; the first was AED 674,000 in September 2018.
What is the rent for unit 314?
AED 71,000 a year on the contract signed on 15 May 2025. The previous contract, from May 2025, was AED 71,000; the unit has been rented since February 2020.
How big is unit 314?
965 sqft (89.7 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 314 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 314, MAG 550
Starts from the last sale price (AED 1.1M, 17 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,100,000
- Deposit, UAE resident (20%)
- AED 220,000
- Deposit, non-resident (40%)
- AED 440,000
- Monthly over 25 years at 3.7%
- AED 4,500
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →