110, MAG 550
Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 110, MAG 550
What is 110 worth today?
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Source: Dubai Land Department. Updated 10 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 1st of 6
- Parking
- G-10
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,600 /yr
- Last sold
- AED 529K · October 2018
- Building
- MAG 550
About 110, MAG 550
110 is a one-bedroom apartment of 638 sqft on the 1st floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 17 October 2018 for AED 529,000, or AED 829 per sqft, in line with the AED 833 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 10 March 2025, is AED 50,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 10,600 a year.
Sales and rents for 110 over time
110 has sold once; the dashed line is the one-bed median of each year in the building.
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 110 sits
All 48 1-beds →110 last sold in October 2018 at AED 829 per sqft, in line with what one-beds in MAG 550 were fetching at the time (AED 833). Over the last 12 months one-beds sold for AED 750,000, around AED 1,124 per sqft, and rent for AED 40,500 to 55,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 667 sqft | 750,000 | 1,124 | ||
| 8 Oct 20258 October 2025 | 635 sqft | 650,000 | 1,023 | ||
| 29 Jul 202529 July 2025 | 642 sqft | 700,000 | 1,089 | ||
| 7 Apr 20257 April 2025 | 642 sqft | 630,000 | 980 |
MAG 550
Building86 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,124
- Typical sale
- AED 990K
- Typical rent
- AED 55K /yr
- Typical yield
- 7.1%
Other units on the 1st floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,040 sqft | No registered sale | 100,000 /yr | |
| 102 | 1-bed | 666 sqft | AED 545KAED 545,000 · Jul 2024July 2024 | 52,000 /yr | |
| 103 | Studio | 476 sqft | AED 381KAED 380,555 · Dec 2016December 2016 | 24,150 /yr | |
| 104 | 1-bed | 642 sqft | AED 556KAED 556,475 · Jul 2016July 2016 | 36,750 /yr | |
| 105 | 2-bed | 1,005 sqft | AED 716KAED 715,920 · Jun 2023June 2023 | 65,000 /yr | |
| 106 | 1-bed | 655 sqft | AED 521KAED 520,555 · Aug 2016August 2016 | 40,500 /yr | |
| 107 | Studio | 473 sqft | AED 386KAED 385,555 · Jul 2016July 2016 | 38,000 /yr | |
| 108 | 1-bed | 642 sqft | AED 550KAED 550,000 · May 2024May 2024 | 50,000 /yr | |
| 109 | 1-bed | 638 sqft | AED 520KAED 520,000 · Jun 2024June 2024 | 53,000 /yr | |
| 111 | 1-bed | 634 sqft | AED 539KAED 538,690 · May 2018May 2018 | 52,000 /yr | |
| 112 | 1-bed | 635 sqft | AED 528KAED 528,000 · Apr 2018April 2018 | 55,000 /yr | |
| 113 | 2-bed | 965 sqft | No registered sale | 75,000 /yr | |
| 114 | 2-bed | 965 sqft | AED 905KAED 905,000 · Jun 2024June 2024 | 70,000 /yr |
110, MAG 550 in numbers
- Sold once: by MAG on 17 October 2018 for AED 529,000, or AED 829 per sqft.
- Rented since March 2020 on 5 Ejari contracts. The rent fell from AED 34,000 to AED 30,000 in 2022 and recovered to AED 50,000 by March 2025.
- At AED 50,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 10,600 a year (AED 16.63 per sqft).
- One-beds in MAG 550 sold for AED 750,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,124 per sqft.
Source: Dubai Land Department. Updated 10 March 2025.
Questions about 110, MAG 550
What did unit 110 last sell for?
AED 529,000 on 17 October 2018, sold by the developer: AED 829 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 110?
AED 50,000 a year on the contract signed on 10 March 2025. The previous contract, from April 2024, was AED 42,000; the unit has been rented since March 2020.
How big is unit 110?
638 sqft (59.3 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 110 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 750,000 to 750,000 in the last 12 months, around AED 1,124 per sqft.
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Mortgage on 110, MAG 550
Starts from the last sale price (AED 529K, 17 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 529,000
- Deposit, UAE resident (20%)
- AED 105,800
- Deposit, non-resident (40%)
- AED 211,600
- Monthly over 25 years at 3.7%
- AED 2,164
Plus AED 27,228 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →