607, MAG 550
Sold prices and rental history: sold twice, last in February 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, MAG 550
What is 607 worth today?
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Source: Dubai Land Department. Updated 10 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 6th of 6
- Parking
- G-80
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,900 /yr
- Last sold
- AED 465K · February 2025
- Building
- MAG 550
About 607, MAG 550
607 is a studio of 473 sqft on the 6th floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 21 February 2025 for AED 465,000, or AED 982 per sqft, 13% above the AED 871 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 10 August 2026, is AED 40,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 7,900 a year.
Sales and rents for 607 over time
607 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 550, and where 607 sits
All 12 studios →607 last sold in February 2025 at AED 982 per sqft, 13% above what studios in MAG 550 were fetching at the time (AED 871). Over the last 12 months studios sold for AED 430,000, around AED 902 per sqft, and rent for AED 27,773 to 48,000 a year. 607's AED 40,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 May 20266 May 2026 | 476 sqft | 430,000 | 902 | ||
| 31 Oct 202531 October 2025 | 476 sqft | 525,000 | 1,102 | ||
| 18 Sep 202518 September 2025 | 473 sqft | 500,000 | 1,056 | ||
| 4 Jun 20254 June 2025 | 476 sqft | 400,000 | 839 |
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 | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,041 sqft | No registered sale | 80,000 /yr | |
| 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 | |
| 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 |
607, MAG 550 in numbers
- Sold twice: first on 16 August 2016 for AED 410,555, last on 21 February 2025 for AED 465,000 (AED 982 per sqft).
- Rented since August 2020 on 3 Ejari contracts, from AED 22,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 7,900 a year (AED 16.63 per sqft).
- Studios in MAG 550 sold for AED 430,000–430,000 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 10 August 2026.
Questions about 607, MAG 550
What did unit 607 last sell for?
AED 465,000 on 21 February 2025: AED 982 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 410,555 in August 2016.
What is the rent for unit 607?
AED 40,000 a year on the contract renewed on 10 August 2026. The previous contract, from August 2025, was AED 40,000; the unit has been rented since August 2020.
How big is unit 607?
473 sqft (43.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 607 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 550 sold for AED 430,000 to 430,000 in the last 12 months, around AED 902 per sqft.
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Mortgage on 607, MAG 550
Starts from the last sale price (AED 465K, 21 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 465,000
- Deposit, UAE resident (20%)
- AED 93,000
- Deposit, non-resident (40%)
- AED 186,000
- Monthly over 25 years at 3.7%
- AED 1,902
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →