607, MAG 550
Sold prices and rental history: sold twice, last in February 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, MAG 550
What is 607 worth today?
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Source: Dubai Land Department. Updated 10 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 473 sqft
- Floor
- 6th of 6
- Parking
- G-80
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,900 /yr
- Last sold
- AED 465K · February 2025
- Building
- MAG 550
About 607, MAG 550
607 is a studio of 473 sqft on the 6th floor of MAG 550, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 21 February 2025 for AED 465,000, or AED 982 per sqft, 13% above the AED 871 studios in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 10 August 2025, is AED 40,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 7,900 a year.
Sales and rents for 607 over time
607 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 550, and where 607 sits
All 11 studios →607 last sold in February 2025 at AED 982 per sqft, 13% above what studios in MAG 550 were fetching at the time (AED 871).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Oct 202531 October 2025 | 476 sqft | 525,000 | 1,102 | ||
| 4 Jun 20254 June 2025 | 476 sqft | 400,000 | 839 | ||
| 3 Jun 20243 June 2024 | 476 sqft | 415,000 | 871 | ||
| 10 May 202410 May 2024 | 473 sqft | 390,000 | 823 |
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 6th floor
All 86 units in MAG 550| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,041 sqft | No registered sale | 80,000 /yr | |
| 602 | 1-bed | 667 sqft | AED 585KAED 585,000 · Apr 2016April 2016 | 24,000 /yr | |
| 603 | Studio | 476 sqft | AED 375KAED 375,000 · Jan 2024January 2024 | 29,920 /yr | |
| 604 | 1-bed | 642 sqft | AED 470KAED 470,000 · May 2023May 2023 | 41,000 /yr | |
| 605 | 2-bed | 1,008 sqft | No registered sale | 75,000 /yr | |
| 606 | 1-bed | 667 sqft | AED 750KAED 750,000 · Dec 2025December 2025 | 45,000 /yr | |
| 608 | 1-bed | 642 sqft | AED 645KAED 645,000 · Jan 2025January 2025 | 32,100 /yr | |
| 609 | 1-bed | 639 sqft | AED 495KAED 495,000 · Jan 2025January 2025 | 50,000 /yr | |
| 610 | 1-bed | 638 sqft | AED 539KAED 538,824 · Mar 2018March 2018 | 27,000 /yr | |
| 611 | 1-bed | 634 sqft | AED 550KAED 550,000 · Mar 2018March 2018 | 37,000 /yr | |
| 612 | 1-bed | 635 sqft | AED 539KAED 538,824 · Mar 2018March 2018 | 52,000 /yr | |
| 613 | 2-bed | 965 sqft | AED 885KAED 885,329 · May 2022May 2022 | 75,000 /yr | |
| 614 | 2-bed | 965 sqft | No registered sale | 75,000 /yr |
607, MAG 550 in numbers
- Sold twice: first on 16 August 2016 for AED 410,555, last on 21 February 2025 for AED 465,000 (AED 982 per sqft).
- Rented since August 2020 on 2 Ejari contracts, from AED 22,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 7,900 a year (AED 16.63 per sqft).
Source: Dubai Land Department. Updated 10 August 2025.
Questions about 607, MAG 550
What did unit 607 last sell for?
AED 465,000 on 21 February 2025: AED 982 per sqft for 473 sqft. The unit has 2 registered sales; the first was AED 410,555 in August 2016.
What is the rent for unit 607?
AED 40,000 a year on the contract signed on 10 August 2025. The previous contract, from August 2020, was AED 22,000.
How big is unit 607?
473 sqft (43.9 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 607 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 607, MAG 550
Starts from the last sale price (AED 465K, 21 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 465,000
- Deposit, UAE resident (20%)
- AED 93,000
- Deposit, non-resident (40%)
- AED 186,000
- Monthly over 25 years at 3.7%
- AED 1,902
Plus AED 22,440 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →