2-bed · 965 sqftMAG 550, Dubai South · 6th floor · completed 2020

613, MAG 550

Sold prices and rental history: sold once, by the developer in May 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 9 November 2025
Last soldAED 885K24 May 2022
Current rentAED 75K /yr9 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, MAG 550

What is 613 worth today?

Last sold for AED 885,329 in 2022

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9 Nov 2025RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
15 Aug 2024RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
1 Oct 2023RentedRenewal
AED 54,000/yr12 months · AED 56 per sqft
1 Oct 2022RentedNew contract
AED 44,000/yr12 months · AED 45 per sqft
24 May 2022Sold by developerReady
AED 885,329AED 917 per sqft
27 Sep 2019RentedNew contract
AED 75,000/yr60 months · AED 78 per sqft

Source: Dubai Land Department. Updated 9 November 2025.

Key facts

Type
2-bed apartment
Size
965 sqft
Floor
6th of 6
Parking
G-86
Developer
MAG
Completed
2020
Service charge
AED 16,100 /yr
Last sold
AED 885K · May 2022
Building
MAG 550

About 613, MAG 550

613 is a two-bedroom apartment of 965 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 24 May 2022 for AED 885,329, or AED 917 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 9 November 2025, is AED 75,000 a year: a gross yield of 8.5% on the 2022 price, before the service charge of about AED 16,100 a year.

Sales and rents for 613 over time

Sales
Unit 613, each saleTypical two-bed in MAG 550
800K2018202020222024Typical sale price by year: 2018 AED 674,000; 2023 AED 715,920; 2024 AED 915,000Sold by developer, May 2022: AED 885,329 (AED 917 per sqft)

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

Rents
Unit 613, 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 yearNew contract, October 2022: AED 44,000 a yearRenewal, October 2023: AED 54,000 a yearNew contract, August 2024: AED 70,000 a yearNew contract, November 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 613 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. 613'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
6052-bedNo registered sale
6061-bedAED 750K · Dec 2025
607StudioAED 465K · Feb 2025
1–7 of 13

613, MAG 550 in numbers

  • Sold once: by MAG on 24 May 2022 for AED 885,329, or AED 917 per sqft.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 44,000 in 2022 and recovered to AED 75,000 by November 2025.
  • At AED 75,000 a year the gross yield on the 2022 price is 8.5%, before a service charge of about AED 16,100 a year (AED 16.63 per sqft).
  • 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 9 November 2025.

Questions about 613, MAG 550

What did unit 613 last sell for?

AED 885,329 on 24 May 2022, sold by the developer: AED 917 per sqft for 965 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 75,000 a year on the contract signed on 9 November 2025. The previous contract, from August 2024, was AED 70,000; the unit has been rented since September 2019.

How big is unit 613?

965 sqft (89.7 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 613 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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Mortgage on 613, MAG 550

Starts from the last sale price (AED 885K, 24 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 885,329
Deposit, UAE resident (20%)
AED 177,066
Deposit, non-resident (40%)
AED 354,132
Monthly over 25 years at 3.7%
AED 3,622

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