MAG 550
A 2 bed in MAG 550 costs a median AED 999,000, rents long-let for AED 67,000/yr (6.7% gross), and returns 13.5% short-term at the assumed 70% occupancy.
2 bed · typical price
999,000AED
AED 1,035/sqft
- Rent a year
- AED 67,000
- Gross yield
- 6.7%
- vs Dubai South
- 23% below the median
Cost to buy, all inAED 1.06M
- Price
- AED 999,000
- DLD fee 4%
- AED 39,960
- Agent 2% + VAT
- AED 20,979
- Trustee
- AED 4,200
Fees repaid by rent12 months
Is MAG 550 a good investment?Prices rising; lots of new supply is coming
- Does it pay a good rent?6.7% gross, before the service charge (not on file) (Dubai median 6.8%)6.7%Fair
- Are rents going up?New 2 bed leases: AED 68,000 a year ago, AED 67,000 now (pooled across the project)-1.5%
- Are prices going up?All types: AED 993/sqft a year ago, 1,090 now+9.7%Strength
- How fast do fees pay back?AED 65,139 in fees to buy a 2 bed; rent covers it in 1.0 years1.0 yrs
- Can I sell easily?7 sales in 12 months (10 the year before)7
- Is a lot being built nearby?14,194 apartments are planned in Dubai South from 2026 to 2028, equal to 3.0 times the 4,798 homes let there today. A further 7,808 are past their planned date. Dubai South supply by year →296%Watch
- Did earlier buyers gain?Up 29% for buyers 5 years ago; up 32% for launch buyers, before fees+28.9%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
MAG 550 prices and rents by unit typeA two-bed costs about AED 999,000 and rents for about AED 67,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Dubai South · area median AED 1,350/sqft
- vs area median
- -23.3%
- Rank by price per sqft
- 93rd of 108
- Off-plan price gain, 2018–2018
- +48.0% · +5.0%/yr
Rental income
2 bed · Dubai South
- Gross yield
- 6.7%
- Median new rent
- AED 67,000/yr
- Yield vs area median
- +0.0 pts
- Yield vs Dubai (6.8%)
- -0.1 pts
- Yield rank
- 8th of 16
- Renewal rent
- AED 61,750/yr
- New tenants pay vs sitting (56 renewals)
- +8.5%
Short-term income
2 bed · 70% occupancy · 7-night stays · within 500 m
- Median nightly rate
- AED 700
- Net revenue
- AED 134,831/yr
- vs long-let rent
- 2.0×
- Listings seen
- 6+
Read with care
- Rental data covers the whole MAG 5 Boulevard project, not this tower alone.
- Thin sample — 3 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 2 bed: Sep 2018, AED 674,000; latest, Oct 2026, AED 999,000; peak, Dec 2025, AED 1,045,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,090 · before fees
- Launch, 2016–19
- 826
- +32%
- 40 sales
- 5 years ago
- 846
- +29%
- 1 sale
- 3 years ago
- 700
- +56%
- 8 sales
- Previous 12 months
- 993
- +10%
- 10 sales
- Last 12 months
- 1,090
- today
- 7 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
7 resales in the last 12 months, against 13 a year on average over 2023–2025.
7 resales in the last 12 months.
Short-term rates around MAG 550
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai South
Every Dubai South building with a page, ranked by price per sqft over the same 12 months, all unit types. MAG 550 places 130th of 157; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against MAG 550 (AED 1,090/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, MAG 550 has registered sale prices 23% below the Dubai South median price per square foot of 1,350 AED, across 108 eligible buildings. It ranks 93rd of 108 by price per square foot and 8th of 16 by gross yield in Dubai South.
Market context in Dubai South
Registered sales activity
888 ready apartment sales in the 12 months to 2026-10-12.
+7.3% in median AED/sqft versus the preceding year, supported by 888 current and 844 prior price observations.
Explore sales activityPlanned apartment projects
4,261 known registered units across 20 pending projects planned within one year of the 2026-07-06 register.
10 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
14,194 apartments are planned in Dubai South from 2026 to 2028, equal to 3.0 times the 4,798 homes let there today.
Ready prices per sqft fell in 9% of 22 buildings (counted once per bedroom type) in Dubai South with sales in both years; the typical one moved +7.7%.
New-lease rents fell in 6% of 17 buildings (counted once per bedroom type) with leases in both years; the typical one moved +1.7%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The MAG 5 Boulevard towers
13 towers in MAG 5 Boulevard, at the bedroom type above.
Ejari files MAG 5 Boulevard’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
Dubai South: every development at this typeDubai South: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 2 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About MAG 550
MAG 550 is an apartment building completed in 2020 in Dubai South. 115 sales are registered with the Dubai Land Department.
Drive times · typical
- Downtown
- 35 min · 42 km
- DXB Airport
- 36 min · 51 km
- DIFC
- 32 min · 45 km
- Dubai Marina
- 31 min · 32 km
- Palm Jumeirah
- 37 min · 36 km
Nearest, as registered
- Landmark
- Expo 2020 Site
MAG 550: AED 1,090 per sq ft, 22% below the median Dubai South building, and a 6.4% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- MAG 550AED 1,090
- Dubai South, readyAED 1,078
- Dubai South, off-planAED 1,658
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
MAG 550Dubai South median building
- Dubai South6.4% vs 7.0%
Nearby in Dubai South
Prices per sq ft around MAG 550, on the mapPrices per sq ft around MAG 550, on the map
MAG 520
Dubai South · 9 sales, 12 months
590,000
AED, resale median · 1,234/sqft
MAG 525
Dubai South · 9 sales, 12 months
730,000
AED, resale median · 1,072/sqft
MAG 555
Dubai South · 8 sales, 12 months
570,000
AED, resale median · 1,273/sqft
MAG 535
Dubai South · 8 sales, 12 months
902,500
AED, resale median · 1,028/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedRead with care
- Rental evidence · 2 bedRead with care
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- Short-term assumptionRead with care
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from MAG 550’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 4,442AED
- 4.5% over 25 years
- Monthly rent
- 5,583AED
- AED 67,000 a year
- Cash needed at purchase
- 277,929AED
- 20% down plus AED 78,129 in fees
Owning costs AED 244,041 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in MAG 550?
- MAG 550 returns 6.7% gross: a median new-contract rent of AED 67,000 a year (46 Ejari contracts in 12 months) over a price benchmark of AED 999,000 (median of 3 sales in the last 12 months, latest Oct 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in MAG 550 cost?
- The median registered sale price is AED 999,000 (1,035 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What is the registered annual rent for a 2 bedroom in MAG 550?
- The median new annual rent is AED 67,000, from 46 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in MAG 550 risen or fallen?
- The median new annual rent changed -1.5% in the trailing 12 months against the previous 12, using 46 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Does MAG 550 earn more short-term than long-let?
- A night asks a median of AED 700, which models to 13.5% net at an assumed 70% occupancy for a self-managed unit, after platform fees, cleaning and utilities — against 6.7% gross on the registered long lease. Nightly rates are asking rates sampled across the next 12 months, not registered income.
For agents
Send this page to a client as a branded report
MAG 550 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 3 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/dubai-south/mag-550
Cite as: Dubai Wealth Index. “MAG 550 sale prices and yield.” Dubai South, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-south/mag-550
Stable dataJSON