414, MAG 550
Sold prices and rental history: sold once, by the developer in September 2018, 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 414, MAG 550
What is 414 worth today?
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Source: Dubai Land Department. Updated 15 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 965 sqft
- Floor
- 4th of 6
- Parking
- G-57
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 674K · September 2018
- Building
- MAG 550
About 414, MAG 550
414 is a two-bedroom apartment of 965 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 30 September 2018 for AED 674,000, or AED 698 per sqft, in line with the AED 698 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 70,000 a year: a gross yield of 10.4% on the 2018 price, before the service charge of about AED 16,100 a year.
Sales and rents for 414 over time
414 has sold once; 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 414 sits
All 24 2-beds →414 last sold in September 2018 at AED 698 per sqft, in line with what two-beds in MAG 550 were fetching at the time (AED 698). 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. 414's AED 70,000 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 | ||
| 17 Dec 202517 December 2025 | 965 sqft | 1,100,000 | 1,139 | ||
| 12 Dec 202512 December 2025 | 1,005 sqft | 990,000 | 985 | ||
| 17 Dec 202417 December 2024 | 965 sqft | 926,100 | 959 |
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 4th floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,040 sqft | AED 690KAED 690,000 · Oct 2018October 2018 | 57,000 /yr | |
| 402 | 1-bed | 655 sqft | AED 573KAED 573,203 · Jul 2016July 2016 | 49,000 /yr | |
| 403 | Studio | 476 sqft | AED 313KAED 312,700 · Sep 2022September 2022 | 37,000 /yr | |
| 404 | 1-bed | 642 sqft | AED 630KAED 630,000 · Apr 2025April 2025 | 56,000 /yr | |
| 405 | 2-bed | 1,005 sqft | No registered sale | 75,000 /yr | |
| 406 | 1-bed | 655 sqft | AED 573KAED 573,203 · Jul 2016July 2016 | 28,000 /yr | |
| 407 | Studio | 473 sqft | AED 312KAED 312,000 · Oct 2022October 2022 | 30,800 /yr | |
| 408 | 1-bed | 642 sqft | AED 700KAED 700,000 · Jul 2025July 2025 | 60,000 /yr | |
| 409 | 1-bed | 638 sqft | AED 440KAED 440,000 · Jul 2023July 2023 | 32,813 /yr | |
| 410 | 1-bed | 638 sqft | AED 516KAED 515,555 · Dec 2016December 2016 | 52,000 /yr | |
| 411 | 1-bed | 634 sqft | AED 450KAED 450,000 · Oct 2023October 2023 | 50,000 /yr | |
| 412 | 1-bed | 635 sqft | AED 524KAED 524,000 · Mar 2018March 2018 | 42,000 /yr | |
| 413 | 2-bed | 965 sqft | AED 674KAED 674,000 · Sep 2018September 2018 | 72,000 /yr |
414, MAG 550 in numbers
- Sold once: by MAG on 30 September 2018 for AED 674,000, or AED 698 per sqft.
- Rented since February 2020 on 4 Ejari contracts, from AED 45,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2018 price is 10.4%, 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 October 2025.
Questions about 414, MAG 550
What did unit 414 last sell for?
AED 674,000 on 30 September 2018, sold by the developer: AED 698 per sqft for 965 sqft. It is the only registered sale of the unit.
What is the rent for unit 414?
AED 70,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 70,000; the unit has been rented since February 2020.
How big is unit 414?
965 sqft (89.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 414 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 414, MAG 550
Starts from the last sale price (AED 674K, 30 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 674,000
- Deposit, UAE resident (20%)
- AED 134,800
- Deposit, non-resident (40%)
- AED 269,600
- Monthly over 25 years at 3.7%
- AED 2,758
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →