614, MAG 550
Sold prices and rental history: sold once, by the developer in October 2026, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 614, MAG 550
What is 614 worth today?
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Source: Dubai Land Department. Updated 26 October 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 965 sqft
- Floor
- 6th of 6
- Parking
- G-87
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 16,100 /yr
- Last sold
- AED 999K · October 2026
- Building
- MAG 550
About 614, MAG 550
614 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 26 October 2026 for AED 999,000, or AED 1,035 per sqft, in line with the AED 1,035 two-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 75,000 a year: a gross yield of 7.5% on the 2026 price, before the service charge of about AED 16,100 a year.
Sales and rents for 614 over time
614 has sold once; the dashed line is the two-bed median of each year in the building.
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 614 sits
All 24 2-beds →614 last sold in October 2026 at AED 1,035 per sqft, in line with what two-beds in MAG 550 were fetching at the time (AED 1,035). 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. 614's AED 75,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Dec 202517 December 2025 | 965 sqft | 1,100,000 | 1,139 | ||
| 12 Dec 202512 December 2025 | 1,005 sqft | 990,000 | 985 | ||
| 17 Dec 202417 December 2024 | 965 sqft | 926,100 | 959 | ||
| 22 Aug 202422 August 2024 | 965 sqft | 925,000 | 958 |
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 | |
| 607 | Studio | 473 sqft | AED 465KAED 465,000 · Feb 2025February 2025 | 40,000 /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, MAG 550 in numbers
- Sold once: by MAG on 26 October 2026 for AED 999,000, or AED 1,035 per sqft.
- Rented since September 2019 on 2 Ejari contracts, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2026 price is 7.5%, 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 26 October 2026.
Questions about 614, MAG 550
What did unit 614 last sell for?
AED 999,000 on 26 October 2026, sold by the developer: AED 1,035 per sqft for 965 sqft. It is the only registered sale of the unit.
What is the rent for unit 614?
AED 75,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2019, was AED 75,000.
How big is unit 614?
965 sqft (89.7 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 614 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 614, MAG 550
Starts from the last sale price (AED 999K, 26 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 999,000
- Deposit, UAE resident (20%)
- AED 199,800
- Deposit, non-resident (40%)
- AED 399,600
- Monthly over 25 years at 3.7%
- AED 4,087
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →