MAG 550

Completed|86 units · 1 building

MAG 550 is a completed development by MAG 5 PROPERTY DEVELOPMENT L.L.C in Dubai South (Dubai World Central), comprising 86 registered units. 114 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,057 per sqft. At AED 1,057 per sqft, MAG 550 prices in line with the Dubai South (Dubai World Central) median of AED 1,063 per sqft on registered sales.

PIX© price · ↑3.1% YoY

776KAED

Typical

1,057AED

PSF

Gross yield

7.5%

PIX© rent ÷ PIX© price

Sale records

114

DLD · all time

Rent contracts

411

Ejari · all time

SATELLITE

LocationDubai South (Dubai World Central)

Drive times · typical

Downtown Dubai34 min · 36.7 km

DXB Airport39 min · 49.6 km

DIFC39 min · 40.6 km

Dubai Marina34 min · 35.4 km

Palm Jumeirah37 min · 37.2 km

Nearest · straight-line

Metro stationEXPO 2020 Metro Station 28.6 km

MallPulse Mall (Upcoming)1.1 km

SchoolCherry Tree Nursery - Dubai South - DWC0.6 km

HospitalAl Noor South Polyclinic1 km

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Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor

Units on floor 6

…

Studio on Floor 6, MAG 550

Size
Record: Aug 2016 to Aug 2026
Owners: 4
Tenants: 5
Price change
Yield on cost

Sale price by owner

Party	Date	Held	Note
5Tenant 5	1 Aug 2026		Owner 4
4Owner 4	6 May 2026	4 mo	Current owner Sold with tenant in place
4Tenant 4	1 Aug 2025	12 mo	Renewal Owner 3
4Tenant 4	31 Jul 2024	12 mo	Renewal Owner 3
3Owner 3	23 Jan 2024	2.3 yrs	Sold with tenant in place
4Tenant 4	1 Jul 2023	13 mo	Owner 2
3Tenant 3	21 Mar 2022	12 mo	Owner 2
2Owner 2	11 Mar 2022	22 mo	Sold with tenant in place
2Tenant 2	1 Mar 2021	12 mo	Renewal Owner 1
2Tenant 2	1 Mar 2020	12 mo	Owner 1
1Tenant 1	1 Aug 2019	7 mo	Ended early Owner 1
1Owner 1	25 Aug 2016	5.5 yrs

PIX© Airbnb Calculator

Your nightly rate and occupancy, against this unit’s registered record.

Studio · Floor 6 · MAG 550

Nightly rateAED

Occupancy (237 nights)

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MAG 5501,057AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 473 - 2,522 sqft	86	776K	1,057	↑3.1%		58K	7.5%
Studio · Apartment 473 - 476 sqft	12
1 Bed · Apartment 634 - 667 sqft	48
2 Bed · Apartment 965 - 1,041 sqft	24
3 Bed · Apartment 2,519 - 2,522 sqft	2	-	-	-	-	-	-

Sales - Project-Wide114 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Beds	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
8 May 2026	1 Bed	MAG 550 · Floor 6	667	727,000	1,090	+24.3%	Standard	Standard Sale
6 May 2026	Studio	MAG 550 · Floor 6	476	430,000	903	+14.7%	Standard	Standard Sale
25 Dec 2025	1 Bed	MAG 550 · Floor 6	667	750,000	1,124	+28.2%	Premium	Standard Sale

Rentals - Project-Wide411 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Latest contracts

Start Date	Beds	Position	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
12 Sep 2026	2 Bed	MAG 550 · Floor 1	965	78,000	81	-	Standard	CERTIFICATE
8 Sep 2026	2 Bed	MAG 550 · Floor 3	1,040	75,000	72	-	Entry Level	CONTRACT
1 Sep 2026	1 Bed	MAG 550 · Floor 2	634	52,000	82	-	Standard	CONTRACT

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare4 peers could not be placed

This project

MAG 550

Compared with

MAG 525

PIX© PSF

1,040

Rank

#24 of 38

#23 of 38

Typical price

732K

Yield

7.5%

Units

Sales

Rents

225

237

Developer

MAG 5 PROPERTY DEVELOPMENT L.L.C

Handover

Completed

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	The Pulse Residence Park B4 DUBAI SOUTH PROPERTIES DWC LLC · Completed	87					13	210
	The Pulse Residence Plaza DUBAI SOUTH PROPERTIES DWC LLC · Completed	194					52	508
	Celestia A DAMAC · Completed	509					221	1,479
	The Pulse Residence Plaza B9 DUBAI SOUTH PROPERTIES DWC LLC · Completed	90					27	248
	MAG 525 MAG 5 PROPERTY DEVELOPMENT L.L.C · Completed	92					37	237
24	MAG 550 MAG 5 PROPERTY DEVELOPMENT L.L.C · Completed	86	1,040	Subject	732K	7.5%	43	225
	The Pulse Residence Plaza B8 DUBAI SOUTH PROPERTIES DWC LLC · Completed	87					24	219
	The Pulse Residence B2 DUBAI SOUTH PROPERTIES DWC LLC · Completed	85					32	180
	MAG 545 MAG 5 PROPERTY DEVELOPMENT L.L.C · Completed	86					28	198
	The Pulse Residence Icon DUBAI SOUTH PROPERTIES DWC LLC · Completed	99					31	237
	The Pulse Boulevard Apartments (C2) DUBAI SOUTH PROPERTIES DWC LLC · Completed	171					58	453

Community median 1,063 AED/sqft. Showing the closest-ranked peers of 38 ranked projects in the community. 15 community projects excluded for insufficient recorded sales. 140 excluded for trading only in the off-plan market. 15 excluded for insufficient unit-mix overlap. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Dubai South (Dubai World Central)

The closest-priced registered projects in Dubai South (Dubai World Central).

The Pulse Residence PlazaAED 1,059/sqft
Celestia AAED 1,053/sqft
The Pulse Residence Plaza B9AED 1,053/sqft
The Pulse Residence Park B4AED 1,063/sqft
CelestiaAED 1,066/sqft
MAG 525AED 1,044/sqft

Common questions about MAG 550

Answered from Dubai Land Department registered transactions.

How much does a property in MAG 550 cost?

Property in MAG 550 sells at a current PIX© price of AED 1,057 per sqft, or about AED 776,178 for a typical unit, based on 114 sales registered with the Dubai Land Department.

Is MAG 550 completed?

Yes. MAG 550 is recorded as completed in the Dubai Land Department project register.

Who is the developer of MAG 550?

MAG 550 is developed by MAG 5 PROPERTY DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in MAG 550?

MAG 550 yields 7.5% gross, calculated from current PIX© rent against current PIX© sale price, across 411 registered Ejari contracts.

How many units are in MAG 550?

MAG 550 holds 86 registered units, per the Dubai Land Department unit register.

Have prices in MAG 550 gone up or down?

Price per sqft has risen +3.1% over the last 12 months, to AED 1,057, across 114 registered sales.