1-bed · 667 sqftMAG 550, Dubai South · 6th floor · completed 2020

606, MAG 550

Sold prices and rental history: sold twice, last in December 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 750K25 December 2025
Current rentAED 45K /yr5 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, MAG 550

What is 606 worth today?

Last sold for AED 750,000 in 2025

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25 Dec 2025SoldReady
AED 750,000AED 1,124 per sqft
5 Mar 2025RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
5 Mar 2025RentedRenewal
AED 45,000/yr12 months · AED 67 per sqft
5 Mar 2024RentedRenewal
AED 40,000/yr12 months · AED 60 per sqft
5 Mar 2023RentedRenewal
AED 40,000/yr12 months · AED 60 per sqft
5 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
12 Nov 2020RentedNew contract
AED 29,000/yr12 months · AED 43 per sqft
15 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
1-bed apartment
Size
667 sqft
Floor
6th of 6
Parking
G-79
Developer
MAG
Completed
2020
Service charge
AED 11,100 /yr
Last sold
AED 750K · December 2025
Building
MAG 550

About 606, MAG 550

606 is a one-bedroom apartment of 667 sqft on the 6th floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 25 December 2025 for AED 750,000, or AED 1,124 per sqft, 12% above the AED 1,004 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 5 March 2025, is AED 45,000 a year: a gross yield of 6.0% on the 2025 price, before the service charge of about AED 11,100 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in MAG 550
400K600K800K2016201920222025Typical 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, April 2016: AED 585,000 (AED 877 per sqft)Sold, December 2025: AED 750,000 (AED 1,124 per sqft)

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

Rents
Unit 606, each contractTypical one-bed in MAG 550
40K20192021202320252027Typical 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, September 2019: AED 40,000 a yearNew contract, November 2020: AED 29,000 a yearNew contract, March 2022: AED 30,000 a yearRenewal, March 2023: AED 40,000 a yearRenewal, March 2024: AED 40,000 a yearRenewal, March 2025: AED 45,000 a yearRenewal, March 2025: AED 45,000 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 606 sits

All 48 1-beds →

606 last sold in December 2025 at AED 1,124 per sqft, 12% above what one-beds in MAG 550 were fetching at the time (AED 1,004). 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. 606's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 May 2026727,000
8 Oct 2025650,000
29 Jul 2025700,000
7 Apr 2025630,000
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 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
6052-bedNo registered sale
607StudioAED 465K · Feb 2025
6081-bedAED 645K · Jan 2025
1–7 of 13

606, MAG 550 in numbers

  • Sold twice: first on 27 April 2016 for AED 585,000, last on 25 December 2025 for AED 750,000 (AED 1,124 per sqft).
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 29,000 in 2020 and recovered to AED 45,000 by March 2025.
  • At AED 45,000 a year the gross yield on the 2025 price is 6.0%, before a service charge of about AED 11,100 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 25 December 2025.

Questions about 606, MAG 550

What did unit 606 last sell for?

AED 750,000 on 25 December 2025: AED 1,124 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 585,000 in April 2016.

What is the rent for unit 606?

AED 45,000 a year on the contract renewed on 5 March 2025. The previous contract, from March 2025, was AED 45,000; the unit has been rented since September 2019.

How big is unit 606?

667 sqft (62.0 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 606 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 606, MAG 550

Starts from the last sale price (AED 750K, 25 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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