2-bed · 1,005 sqftMAG 550, Dubai South · 2nd floor · completed 2020

205, MAG 550

Sold prices and rental history: sold once, by the developer in December 2025, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 31 December 2025
Last soldAED 990K12 December 2025
Current rentAED 80K /yr31 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, MAG 550

What is 205 worth today?

Last sold for AED 990,000 in 2025

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31 Dec 2025RentedNew contract
AED 80,000/yr12 months · AED 80 per sqft
12 Dec 2025Sold by developerReady
AED 990,000AED 985 per sqft
1 Sep 2019RentedNew contract
AED 70,000/yr60 months · AED 70 per sqft

Source: Dubai Land Department. Updated 31 December 2025.

Key facts

Type
2-bed apartment
Size
1,005 sqft
Floor
2nd of 6
Parking
G-19
Developer
MAG
Completed
2020
Service charge
AED 16,700 /yr
Last sold
AED 990K · December 2025
Building
MAG 550

About 205, MAG 550

205 is a two-bedroom apartment of 1,005 sqft on the 2nd floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 12 December 2025 for AED 990,000, or AED 985 per sqft.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 31 December 2025, is AED 80,000 a year: a gross yield of 8.1% on the 2025 price, before the service charge of about AED 16,700 a year.

Sales and rents for 205 over time

Sales
Unit 205, each saleTypical two-bed in MAG 550
800K1M201820212024Typical sale price by year: 2018 AED 674,000; 2023 AED 715,920; 2024 AED 915,000Sold by developer, December 2025: AED 990,000 (AED 985 per sqft)

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

Rents
Unit 205, each contractTypical two-bed in MAG 550
40K60K80K2019202120232025Typical rent by year: 2019 AED 75,000; 2020 AED 45,000; 2021 AED 38,000; 2022 AED 40,095; 2023 AED 54,000; 2024 AED 70,000; 2025 AED 71,500New contract, September 2019: AED 70,000 a yearNew contract, December 2025: AED 80,000 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 205 sits

All 24 2-beds →

Over the last 12 months two-beds sold for AED 990,000 to 1,100,000, around AED 1,062 per sqft, and rent for AED 76,000 to 80,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Dec 20251,100,000
17 Dec 2024926,100
22 Aug 2024925,000
10 Jun 2024905,000
2 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. 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%
MAG 550, Dubai South: prices, sales and rents →

Other units on the 2nd floor

All 86 units in MAG 550
Value
2012-bedAED 700K · Feb 2020
2021-bedAED 460K · Jan 2024
203StudioAED 415K · Jun 2024
2041-bedAED 440K · Oct 2023
2061-bedAED 536K · May 2016
207StudioAED 390K · May 2024
2081-bedAED 550K · Jul 2024
1–7 of 13

205, MAG 550 in numbers

  • Sold once: by MAG on 12 December 2025 for AED 990,000, or AED 985 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2025 price is 8.1%, before a service charge of about AED 16,700 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 1,124 per sqft.

Source: Dubai Land Department. Updated 31 December 2025.

Questions about 205, MAG 550

What did unit 205 last sell for?

AED 990,000 on 12 December 2025, sold by the developer: AED 985 per sqft for 1,005 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 80,000 a year on the contract signed on 31 December 2025. The previous contract, from September 2019, was AED 70,000.

How big is unit 205?

1,005 sqft (93.4 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 205 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 1,062 per sqft.

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Mortgage on 205, MAG 550

Starts from the last sale price (AED 990K, 12 December 2025). Switch to today's estimate once you have unlocked it.
Price
AED 990,000
Deposit, UAE resident (20%)
AED 198,000
Deposit, non-resident (40%)
AED 396,000
Monthly over 25 years at 3.7%
AED 4,050

Plus AED 46,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →