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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.

Satellite view of MAG 550, Dubai South, Dubai, centred on its registered pin. Apple Maps.
Satellite view of the registered pin · Apple Maps

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

Against this building’s registered sales of the same type.

Ask about MAG 550 →

Is MAG 550 a good investment?Prices rising; lots of new supply is coming

  1. Does it pay a good rent?6.7% gross, before the service charge (not on file) (Dubai median 6.8%)6.7%Fair
  2. Are rents going up?New 2 bed leases: AED 68,000 a year ago, AED 67,000 now (pooled across the project)-1.5%
  3. Are prices going up?All types: AED 993/sqft a year ago, 1,090 now+9.7%Strength
  4. 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
  5. Can I sell easily?7 sales in 12 months (10 the year before)7
  6. 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
  7. 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

Check an asking price →How each reading works →

MAG 550 prices and rents by unit typeA two-bed costs about AED 999,000 and rents for about AED 67,000 a year

TypeMedian priceGross yieldNew rent12-month changeSales
StudioAED 477,5001,003/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
1 bedAED 738,5001,107/sqftpooled rent, not per buildingpooled rent, not per buildingunder 5 sales in a year2
2 bedAED 999,0001,035/sqft6.7%+0.0 ptsAED 67,00046 contractsunder 5 sales in a year3
Appreciation, rental income and short-term detail, by unit type

Appreciation

2 bed · price per sqft · Dubai South · area median AED 1,350/sqft

Rank by price per sqft
93rd of 108

Rental income

2 bed · Dubai South

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.

Median price paid, 2 bed, as a rolling 3-month median. The band along the bottom is the number of records each month.

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%
5 years ago
846
+29%
3 years ago
700
+56%
Previous 12 months
993
+10%
Last 12 months
1,090
today

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.

DateTypeSqftPriceAED/sqft
7 Oct 20262 bed965AED 999,0001,035
8 May 20261 bed667AED 727,0001,090
7 May 2026Studio476AED 430,000903
25 Dec 20251 bed667AED 750,0001,124
17 Dec 20252 bed965AED 1,100,0001,140
15 Dec 20252 bed1,005AED 990,000985
31 Oct 2025Studio476AED 525,0001,102

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.

70%
TypeNightly, AEDNet revenue at 70%Long-let rentUpliftNet yield
1 bed500 m cluster · 5+ listings seen4090.61/sqftAED 77,114AED 52,0001.5×—
2 bed500 m cluster · 6+ listings seen7000.72/sqftAED 134,831AED 67,0002.0×13.5%

Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.

Nightly 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.

RankBuildingMedian priceAED/sqftGross yield12-month changeSales
126Avion Residence0% · Q1 2027 · off-plan 1,113/sqftAED 1.01M1,105+1.4%—-1.5%32
127Anchorage ResidencesAED 827,5001,097+0.7%——32
128MAG 515Completed 2020 · off-plan 918/sqftAED 595,0001,092+0.2%8.1%+4.5%6
129The Pulse Residence (B2)Completed 2019 · off-plan 703/sqftAED 687,5001,091+0.1%8.7%—4
130MAG 550 · this buildingCompleted 2020 · off-plan 829/sqftAED 750,0001,0906.4%+9.7%7
131MAG 560Completed 2020 · off-plan 899/sqftAED 557,5001,085-0.4%8.6%—4
132Views 1AED 960,5001,073-1.6%—+11.8%10
133MAG 525Completed 2020 · off-plan 846/sqftAED 730,0001,072-1.7%6.6%+8.4%9
134MAG 545Completed 2020 · off-plan 816/sqftAED 680,0001,067-2.1%7.1%+5.3%5

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 activity

Planned 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 supply

Supply 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 counted
Find service-charge budget evidence for MAG 550

Direct 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.

TowerPriceAED/sqftRent a yearGross yield
MAG 505—2 sales, too few—AED 67,000project pool—
MAG 510—1 sale, too few—AED 67,000project pool—
MAG 515—2 sales, too few—AED 67,000project pool—
MAG 520—1 sale, too few—AED 67,000project pool—
MAG 525—none—AED 67,000project pool—
MAG 530AED 1.08M3 sales1,046AED 67,000project pool6.2%
MAG 535AED 1.02M3 sales1,020AED 67,000project pool6.5%
MAG 540—1 sale, too few—AED 67,000project pool—
MAG 545—1 sale, too few—AED 67,000project pool—
MAG 550 · this buildingAED 999,0003 sales1,035AED 67,000project pool6.7%
MAG 555—none—AED 67,000project pool—
MAG 560—none—AED 67,000project pool—
MAG 565—1 sale, too few—AED 67,000project pool—

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 type
DevelopmentRent a yearPriceAED/sqftGross yield
Waada4 developments, pooled—noneAED 1.45M35 sales1,161—
Altura 11 tower—none—1 sale, too few——
Altura 21 tower—noneAED 1.50M5 sales1,204—
Cascada 11 tower—noneAED 1.39M25 sales1,161—
Cascada 21 tower—noneAED 1.39M4 sales1,201—
Avenew888-Loom3 towers—noneAED 1.50M60 sales1,492—
Azizi Venice 32 towers—noneAED 1.62M6 sales1,494—
Azizi Venice 42 towers—noneAED 1.51M7 sales1,493—
Azizi Venice 52 towers—noneAED 1.96M4 sales1,861—
Azizi Venice 67 towers—noneAED 2.25M12 sales1,915—
Azizi Venice 75 towers—noneAED 2.25M16 sales2,080—
Azizi Venice 82 towers—noneAED 1.70M5 sales1,661—
Azizi Venice 92 towers—noneAED 1.81M8 sales1,813—
Azizi Venice 102 towers—noneAED 2.13M25 sales1,895—
Azizi Venice 122 towers—noneAED 2.13M20 sales1,498—
Azizi Venice 132 towers—noneAED 2.05M4 sales1,693—
Azizi Venice 147 towers—noneAED 2.00M7 sales1,853—
Azizi Venice 152 towers—noneAED 1.70M78 sales1,466—
Celestia2 towers · rent filed for the projectAED 78,00027 contractsAED 1.17M9 sales1,0446.7%
Expo Valley Views3 towers—noneAED 2.62M133 sales1,920—
Golf Dale3 towers—none—1 sale, too few——
Golf Point2 towers—noneAED 1.36M10 sales1,326—
Golf Verge3 towers—noneAED 2.59M10 sales1,865—
Golf Views3 towers · rent filed for the projectAED 80,00045 contractsAED 1.46M11 sales1,4735.5%
Grove Ridge2 towers—noneAED 2.09M88 sales1,469—
MAG 5 Boulevard · this development13 towers · rent filed for the projectAED 67,00046 contractsAED 970,00018 sales1,0616.9%
South Square3 towers—noneAED 1.95M84 sales1,461—
The Harmony2 towers—noneAED 1.32M21 sales1,380—
The Pulse Residence3 towers · rent filed for the projectAED 80,00021 contractsAED 1.05M7 sales9667.6%
The Pulse Residence Park3 towers · rent filed for the projectAED 80,00023 contractsAED 1.11M5 sales1,0507.2%
The Pulse Residence Plaza3 towers · rent filed for the projectAED 80,00023 contractsAED 1.10M8 sales9467.3%
The Pulse Townhouses40 towers · rent filed for the projectAED 110,00050 contractsAED 2.05M7 sales1,0165.4%
Urbana46 towers · rent filed for the projectAED 85,00079 contractsAED 1.58M14 sales1,1535.4%
Urbana II41 towers · rent filed for the projectAED 80,00055 contractsAED 1.45M11 sales1,1105.5%
Urbana III55 towers · rent filed for the projectAED 83,00073 contractsAED 1.58M16 sales1,1405.2%
Vista Ridge2 towers—noneAED 2.11M93 sales1,491—
Windsor House2 towers—noneAED 1.64M170 sales1,436—
Windsor House II2 towers—noneAED 1.74M170 sales1,512—
All of Dubai Southevery building, in a project or notAED 80,000621 contractsAED 1.68M2,273 sales1,4614.8%

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.

Pinned from Google's place record for the registered name.Open in Google Maps

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

  1. MAG 550AED 1,090
  2. Dubai South, readyAED 1,078
  3. Dubai South, off-planAED 1,658
  4. Dubai, readyAED 1,421
Dark: this building. Grey: the area's ready and off-plan medians, and Dubai's ready median. Source: DLD registered sales.

Gross yield against the area's buildings

Axis: gross yield, % of price

MAG 550Dubai South median building

  1. Dubai South6.4% vs 7.0%
Line: the 10th to 90th percentile of 39 buildings in Dubai South. Gross: before service charge, vacancy and fees. Sources: DLD, Ejari.

Upcoming supply in Dubai South, by handover quarter

Prices per sq ft around MAG 550, on the map
Pills show median sale price, AED. 78 buildings pinned from Google place records and Apple geocoding · MAG 550 is the inverted pinOpen in Apple Maps

Before you decide

The facts that can change the return, each with the date it rests on.

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 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.

Residency
More 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.

Cumulative cost by year: renting (solid) against owning net of a sale that year (dashed), at the assumptions above.

Ask about MAG 550

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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.

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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
Method
Definitions and calculations

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