601, MAG 550
Sold prices and rental history: no registered sale, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, MAG 550
What is 601 worth today?
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Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,041 sqft
- Floor
- 6th of 6
- Parking
- G-74
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 17,300 /yr
- Last sold
- No registered sale
- Building
- MAG 550
About 601, MAG 550
601 is a two-bedroom apartment of 1,041 sqft on the 6th floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. No sale of the unit is registered with the Dubai Land Department.
It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 80,000 a year, before the service charge of about AED 17,300 a year.
Sales and rents for 601 over time
No registered sale of 601; 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 601 sits
All 24 2-beds →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. 601's AED 80,000 is at the top 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
- 7.7%
Other units on the 6th floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 667 sqft | AED 727KAED 727,000 · May 2026May 2026 | 24,000 /yr | |
| 603 | Studio | 476 sqft | AED 430KAED 430,000 · May 2026May 2026 | 30,000 /yr | |
| 604 | 1-bed | 642 sqft | AED 470KAED 470,000 · May 2023May 2023 | 43,050 /yr | |
| 605 | 2-bed | 1,008 sqft | No registered sale | 75,000 /yr | |
| 606 | 1-bed | 667 sqft | AED 750KAED 750,000 · Dec 2025December 2025 | 45,000 /yr | |
| 607 | Studio | 473 sqft | AED 465KAED 465,000 · Feb 2025February 2025 | 40,000 /yr | |
| 608 | 1-bed | 642 sqft | AED 645KAED 645,000 · Jan 2025January 2025 | 58,000 /yr | |
| 609 | 1-bed | 639 sqft | AED 495KAED 495,000 · Jan 2025January 2025 | 50,000 /yr | |
| 610 | 1-bed | 638 sqft | AED 539KAED 538,824 · Mar 2018March 2018 | 27,000 /yr | |
| 611 | 1-bed | 634 sqft | AED 550KAED 550,000 · Mar 2018March 2018 | 37,000 /yr | |
| 612 | 1-bed | 635 sqft | AED 539KAED 538,824 · Mar 2018March 2018 | 51,000 /yr | |
| 613 | 2-bed | 965 sqft | AED 885KAED 885,329 · May 2022May 2022 | 75,000 /yr | |
| 614 | 2-bed | 965 sqft | AED 999KAED 999,000 · Oct 2026October 2026 | 75,000 /yr |
601, MAG 550 in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since October 2019 on 2 Ejari contracts, at AED 80,000 a year.
- 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 5 October 2024.
Questions about 601, MAG 550
What is the rent for unit 601?
AED 80,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2019, was AED 80,000.
How big is unit 601?
1,041 sqft (96.7 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 601 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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