2-bed · 1,008 sqftMAG 550, Dubai South · 6th floor · completed 2020

605, 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.

Unit 605 · DLD and Ejari recordsUpdated 15 September 2025
Current rentAED 75K /yr15 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, MAG 550

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15 Sep 2025RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
15 Sep 2024RentedRenewal
AED 75,000/yr12 months · AED 74 per sqft
15 Sep 2019RentedNew contract
AED 75,000/yr60 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 September 2025.

Key facts

Type
2-bed apartment
Size
1,008 sqft
Floor
6th of 6
Parking
G-78
Developer
MAG
Completed
2020
Service charge
AED 16,800 /yr
Last sold
No registered sale
Building
MAG 550

About 605, MAG 550

605 is a two-bedroom apartment of 1,008 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 3 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 75,000 a year, before the service charge of about AED 16,800 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in MAG 550
800K2018202020222024Typical sale price by year: 2018 AED 674,000; 2023 AED 715,920; 2024 AED 915,000

No registered sale of 605; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, 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 yearRenewal, September 2024: AED 75,000 a yearRenewal, September 2025: AED 75,000 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 605 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. 605's AED 75,000 is in the upper half 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 6th floor

All 86 units in MAG 550
Value
6012-bedNo registered sale
6021-bedAED 727K · May 2026
603StudioAED 430K · May 2026
6041-bedAED 470K · May 2023
6061-bedAED 750K · Dec 2025
607StudioAED 465K · Feb 2025
6081-bedAED 645K · Jan 2025
1–7 of 13

605, MAG 550 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since September 2019 on 3 Ejari contracts, at AED 75,000 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 15 September 2025.

Questions about 605, MAG 550

What is the rent for unit 605?

AED 75,000 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since September 2019.

How big is unit 605?

1,008 sqft (93.6 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 605 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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