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1-bed · 638 sqftMAG 550, Dubai South · 6th floor · completed 2020

610, MAG 550

Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 26 February 2023
Last soldAED 539K26 March 2018
Current rentAED 27K /yr26 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 610, MAG 550

What is 610 worth today?

Last sold for AED 538,824 in 2018

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26 Feb 2023RentedNew contract
AED 27,000/yr12 months · AED 42 per sqft
26 Feb 2022RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
1 Aug 2021RentedRenewal
AED 25,000/yr6 months · AED 39 per sqft
1 Feb 2021RentedRenewal
AED 28,000/yr6 months · AED 44 per sqft
1 Feb 2020RentedNew contract
AED 28,000/yr12 months · AED 44 per sqft
26 Mar 2018Sold by developerOff-plan
AED 538,824AED 845 per sqft

Source: Dubai Land Department. Updated 26 February 2023.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
6th of 6
Parking
G-83
Developer
MAG
Completed
2020
Service charge
AED 10,600 /yr
Last sold
AED 539K · March 2018
Building
MAG 550

About 610, MAG 550

610 is a one-bedroom apartment of 638 sqft on the 6th floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 26 March 2018 for AED 538,824, or AED 845 per sqft, in line with the AED 832 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 26 February 2023, is AED 27,000 a year: a gross yield of 5.0% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 610 over time

Sales
Unit 610, each saleTypical one-bed in MAG 550
500K600K2016201920222025Typical 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, March 2018: AED 538,824 (AED 845 per sqft)

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

Rents
Unit 610, 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, February 2020: AED 28,000 a yearRenewal, February 2021: AED 28,000 a yearRenewal, August 2021: AED 25,000 a yearNew contract, February 2022: AED 27,000 a yearNew contract, February 2023: AED 27,000 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 610 sits

All 48 1-beds →

610 last sold in March 2018 at AED 845 per sqft, in line with what one-beds in MAG 550 were fetching at the time (AED 832). 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. 610's AED 27,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 May 2026727,000
25 Dec 2025750,000
8 Oct 2025650,000
29 Jul 2025700,000
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
6061-bedAED 750K · Dec 2025
607StudioAED 465K · Feb 2025
1–7 of 13

610, MAG 550 in numbers

  • Sold once: by MAG on 26 March 2018 for AED 538,824, or AED 845 per sqft.
  • Rented since February 2020 on 5 Ejari contracts, from AED 28,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2018 price is 5.0%, before a service charge of about AED 10,600 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 26 February 2023.

Questions about 610, MAG 550

What did unit 610 last sell for?

AED 538,824 on 26 March 2018, sold by the developer: AED 845 per sqft for 638 sqft. It is the only registered sale of the unit.

What is the rent for unit 610?

AED 27,000 a year on the contract signed on 26 February 2023. The previous contract, from February 2022, was AED 27,000; the unit has been rented since February 2020.

How big is unit 610?

638 sqft (59.3 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 610 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 610, MAG 550

Starts from the last sale price (AED 539K, 26 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 538,824
Deposit, UAE resident (20%)
AED 107,765
Deposit, non-resident (40%)
AED 215,530
Monthly over 25 years at 3.7%
AED 2,204

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