307, MAG 550
Sold prices and rental history: sold 3 times, last in September 2025, 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 307, MAG 550
What is 307 worth today?
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Source: Dubai Land Department. Updated 6 October 2025.
Key facts
- Type
- Apartment
- Size
- 473 sqft
- Floor
- 3rd of 6
- Parking
- G-35
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,900 /yr
- Last sold
- AED 500K · September 2025
- Building
- MAG 550
About 307, MAG 550
307 is an apartment of 473 sqft on the 3rd floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 18 September 2025 for AED 500,000, or AED 1,056 per sqft.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 6 October 2025, is AED 45,000 a year: a gross yield of 9.0% on the 2025 price, before the service charge of about AED 7,900 a year.
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 3rd floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,040 sqft | AED 719KAED 718,598 · Feb 2023February 2023 | 75,000 /yr | |
| 302 | 1-bed | 655 sqft | AED 521KAED 520,555 · Aug 2016August 2016 | 40,000 /yr | |
| 303 | Studio | 476 sqft | AED 386KAED 385,555 · Aug 2016August 2016 | 36,750 /yr | |
| 304 | 1-bed | 642 sqft | AED 450KAED 450,000 · Feb 2020February 2020 | 34,312 /yr | |
| 305 | 2-bed | 1,005 sqft | AED 850KAED 850,000 · Oct 2021October 2021 | 70,000 /yr | |
| 306 | 1-bed | 666 sqft | AED 640KAED 640,000 · Aug 2024August 2024 | 58,000 /yr | |
| 308 | 1-bed | 642 sqft | AED 530KAED 530,000 · May 2024May 2024 | 26,861 /yr | |
| 309 | 1-bed | 638 sqft | AED 455KAED 455,000 · Feb 2019February 2019 | 46,200 /yr | |
| 310 | 1-bed | 638 sqft | AED 529KAED 529,259 · Nov 2017November 2017 | 46,000 /yr | |
| 311 | 1-bed | 634 sqft | AED 500KAED 499,999 · Sep 2018September 2018 | 26,000 /yr | |
| 312 | 1-bed | 635 sqft | AED 535KAED 535,000 · Sep 2024September 2024 | 30,000 /yr | |
| 313 | 2-bed | 965 sqft | AED 905KAED 905,000 · Jun 2024June 2024 | 70,000 /yr | |
| 314 | 2-bed | 965 sqft | AED 1.1MAED 1,100,000 · Dec 2025December 2025 | 71,000 /yr |
307, MAG 550 in numbers
- Sold 3 times: first on 19 June 2016 for AED 385,555, last on 18 September 2025 for AED 500,000 (AED 1,056 per sqft).
- Rented since November 2020 on 5 Ejari contracts, from AED 20,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2025 price is 9.0%, before a service charge of about AED 7,900 a year (AED 16.63 per sqft).
Source: Dubai Land Department. Updated 6 October 2025.
Questions about 307, MAG 550
What did unit 307 last sell for?
AED 500,000 on 18 September 2025: AED 1,056 per sqft for 473 sqft. The unit has 3 registered sales; the first was AED 385,555 in June 2016.
What is the rent for unit 307?
AED 45,000 a year on the contract signed on 6 October 2025. The previous contract, from July 2024, was AED 37,714; the unit has been rented since November 2020.
How big is unit 307?
473 sqft (43.9 sqm): an apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 307 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 307, MAG 550
Starts from the last sale price (AED 500K, 18 September 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →