1-bed · 638 sqftMAG 550, Dubai South · 4th floor · completed 2020

410, MAG 550

Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 15 July 2026
Last soldAED 516K21 December 2016
Current rentAED 52K /yr15 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, MAG 550

What is 410 worth today?

Last sold for AED 515,555 in 2016

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15 Jul 2026RentedRenewal
AED 52,000/yr12 months · AED 82 per sqft
15 Jul 2025RentedRenewal
AED 52,000/yr12 months · AED 82 per sqft
15 Jul 2025RentedRenewal
AED 52,000/yr12 months · AED 82 per sqft
15 Jul 2024RentedNew contract
AED 52,000/yr12 months · AED 82 per sqft
1 Jul 2023RentedRenewal
AED 32,000/yr12 months · AED 50 per sqft
1 Jul 2022RentedRenewal
AED 28,000/yr12 months · AED 44 per sqft
1 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
1 Jul 2020RentedRenewal
AED 30,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 15 July 2026.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
4th of 6
Parking
G-53
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 516K · December 2016
Building
MAG 550

About 410, MAG 550

410 is a one-bedroom apartment of 638 sqft on the 4th floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 December 2016 for AED 515,555, or AED 808 per sqft, 4% below the AED 841 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 52,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 10,600 a year.

Sales and rents for 410 over time

Sales
Unit 410, 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, December 2016: AED 515,555 (AED 808 per sqft)

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

Rents
Unit 410, each contractTypical one-bed in MAG 550
20K40K201920222025Typical 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, July 2019: AED 30,000 a yearRenewal, July 2020: AED 30,000 a yearNew contract, July 2021: AED 24,000 a yearRenewal, July 2022: AED 28,000 a yearRenewal, July 2023: AED 32,000 a yearNew contract, July 2024: AED 52,000 a yearRenewal, July 2025: AED 52,000 a yearRenewal, July 2025: AED 52,000 a yearRenewal, July 2026: AED 52,000 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 410 sits

All 48 1-beds →

410 last sold in December 2016 at AED 808 per sqft, 4% below what one-beds in MAG 550 were fetching at the time (AED 841). 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. 410's AED 52,000 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 4th floor

All 86 units in MAG 550
Value
4012-bedAED 690K · Oct 2018
4021-bedAED 573K · Jul 2016
403StudioAED 313K · Sep 2022
4041-bedAED 630K · Apr 2025
4052-bedNo registered sale
4061-bedAED 573K · Jul 2016
407StudioAED 312K · Oct 2022
1–7 of 13

410, MAG 550 in numbers

  • Sold once: by MAG on 21 December 2016 for AED 515,555, or AED 808 per sqft.
  • Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 30,000 to AED 24,000 in 2021 and recovered to AED 52,000 by July 2026.
  • At AED 52,000 a year the gross yield on the 2016 price is 10.1%, 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 15 July 2026.

Questions about 410, MAG 550

What did unit 410 last sell for?

AED 515,555 on 21 December 2016, sold by the developer: AED 808 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 410?

AED 52,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 52,000; the unit has been rented since July 2019.

How big is unit 410?

638 sqft (59.3 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 410 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 410, MAG 550

Starts from the last sale price (AED 516K, 21 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 515,555
Deposit, UAE resident (20%)
AED 103,111
Deposit, non-resident (40%)
AED 206,222
Monthly over 25 years at 3.7%
AED 2,109

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