310, MAG 550
Sold prices and rental history: sold once, by the developer in November 2017, 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 310, MAG 550
What is 310 worth today?
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Source: Dubai Land Department. Updated 20 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 638 sqft
- Floor
- 3rd of 6
- Parking
- G-39
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 10,600 /yr
- Last sold
- AED 529K · November 2017
- Building
- MAG 550
About 310, MAG 550
310 is a one-bedroom apartment of 638 sqft on the 3rd floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 21 November 2017 for AED 529,259, or AED 830 per sqft, in line with the AED 808 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 20 March 2024, is AED 46,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 10,600 a year.
Sales and rents for 310 over time
310 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 310 sits
All 48 1-beds →310 last sold in November 2017 at AED 830 per sqft, in line with what one-beds in MAG 550 were fetching at the time (AED 808). 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 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 | |
| 307 | 473 sqft | AED 500KAED 500,000 · Sep 2025September 2025 | 45,000 /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 | |
| 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 |
310, MAG 550 in numbers
- Sold once: by MAG on 21 November 2017 for AED 529,259, or AED 830 per sqft.
- Rented since February 2020 on 4 Ejari contracts, from AED 24,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2017 price is 8.7%, 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 20 March 2024.
Questions about 310, MAG 550
What did unit 310 last sell for?
AED 529,259 on 21 November 2017, sold by the developer: AED 830 per sqft for 638 sqft. It is the only registered sale of the unit.
What is the rent for unit 310?
AED 46,000 a year on the contract signed on 20 March 2024. The previous contract, from August 2023, was AED 36,000; the unit has been rented since February 2020.
How big is unit 310?
638 sqft (59.3 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 310 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 310, MAG 550
Starts from the last sale price (AED 529K, 21 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 529,259
- Deposit, UAE resident (20%)
- AED 105,852
- Deposit, non-resident (40%)
- AED 211,704
- Monthly over 25 years at 3.7%
- AED 2,165
Plus AED 27,239 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →