Studios in MAG 550
Studios in Dubai South. 1 studio sold in the last 12 months; every sale, rent and unit is below.
About the studios in MAG 550
MAG 550 has 12 studios, 14% of its 86 apartments, at 473 to 476 sqft. 1 of the building's 6 sales in the last 12 months were studios. The service charge is AED 16.63 per sqft a year.
1 studio sold in the 12 months to October 2026, at a median of AED 902 per sqft. The median sale was AED 430,000, against a median of AED 1,062 per sqft for the building as a whole. 9 contracts registered over the same 12 months rented them for AED 27,773 to 48,000 a year, a gross yield of about 9.4% before the service charge.
- Studios
- 12
- Share of building
- 14%
- Size
- 473–476 sqft
- Last sale
- 6 May 2026
- Building
- MAG 550
Average prices in MAG 550
Studios in MAG 550 sell for around AED 430,000, or AED 902 per sqft, 15% less per sqft than the building average. The other types: AED 739,000 for one-beds and AED 999,000 for two-beds.
Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.
Studio price history in MAG 550
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Studio transactions in MAG 550
- CompletedStudio · 476 sqft 06 May 2026AED 430,000903 /sqft
- CompletedStudio · 476 sqft 31 Oct 2025AED 525,0001,102 /sqft
- CompletedStudio · 473 sqft 18 Sep 2025AED 500,0001,056 /sqft
- CompletedStudio · 476 sqft 04 Jun 2025AED 400,000840 /sqft
- CompletedStudio · 473 sqft 21 Feb 2025AED 465,000982 /sqft
- CompletedStudio · 476 sqft 03 Jun 2024AED 415,000871 /sqft
- CompletedStudio · 473 sqft 10 May 2024AED 390,000824 /sqft
- CompletedStudio · 476 sqft 23 Jan 2024AED 375,000787 /sqft
- CompletedStudio · 473 sqft 08 Jun 2023AED 310,000655 /sqft
- CompletedStudio · 473 sqft 14 Oct 2022AED 312,000659 /sqft
Over the last 12 months, MAG 550 has recorded 1 studio sale. Typical homes sold for around AED 430K (about AED 902 per sqft) with a median size of 476 sqft.
Studios in MAG 550
12 units- Unit 103Studio · 476 sqftSold AED 381K, Dec 2016
- Unit 107Studio · 473 sqftSold AED 386K, Jul 2016
- Unit 203Studio · 476 sqftSold AED 415K, Jun 2024
- Unit 207Studio · 473 sqftSold AED 390K, May 2024
- Unit 303Studio · 476 sqftSold AED 386K, Aug 2016
- Unit 307Studio · 473 sqftSold AED 500K, Sep 2025
- Unit 403Studio · 476 sqftSold AED 313K, Sep 2022
- Unit 407Studio · 473 sqftSold AED 312K, Oct 2022
- Unit 503Studio · 476 sqftSold AED 525K, Oct 2025
- Unit 507Studio · 473 sqftSold AED 490K, Apr 2016
Nearby buildings in Dubai South
All 125 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| MAG 555 | 2020 | AED 1,265 | AED 98 | 7.7% |
| MAG 545 | 2020 | AED 1,059 | AED 78 | 7.4% |
| MAG 560 | 2020 | AED 1,085 | AED 92 | 8.5% |
| MAG 525 | 2020 | AED 1,117 | AED 80 | 7.1% |
| MAG 515 | 2020 | AED 1,092 | AED 96 | 8.8% |
| MAG 540 | 2020 | AED 1,150 | AED 86 | 7.5% |
| MAG 520 | 2020 | AED 1,180 | AED 93 | 7.9% |
| South Living | 2020 | Few sales | ||
| MAG 530 | 2020 | AED 1,133 | AED 78 | 6.9% |
| MAG 535 | 2020 | AED 1,036 | AED 79 | 7.6% |
MAG 550 studios in numbers
- Across 1 DLD sale in the 12 months to October 2026, the median price in Studios in MAG 550 was AED 902 per sqft and the typical home sold for about AED 430K.
- Completed in 2020 by MAG; 6 floors of studios to three-beds; service charge AED 16.63 per sqft a year.
- A studio of 473 to 476 sqft rents for AED 27,773 to 48,000 a year on the 9 contracts registered in the last 12 months.
- Gross rental yield 9.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 15 October 2026.
Questions about studios in MAG 550
How much does a studio in MAG 550 cost?
1 studio sold in the 12 months to October 2026; the median was AED 430,000, or AED 902 per sqft.
How much is a studio for rent in MAG 550?
About AED 40,000 a year: that is the median of the 9 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 27,773 to 48,000.
What is the rental yield in MAG 550?
About 9.4% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in MAG 550?
AED 16.63 per sqft a year. For a typical 473 sqft home that is about AED 7,900 a year.
Who built MAG 550 and when?
MAG; completed in 2020; 6 floors; 86 apartments.
How many studios are there in MAG 550?
12, of 473 to 476 sqft, 14% of the building's 86 apartments.
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