Properties for rent in MAG 550

What is the asking rent for a property in MAG 550?

You can find rental properties listed for an average of AED 60,992 per year. Property type, size, features and location can impact the rental price. 

How many properties for rent are there in MAG 550?

As of now, the number of advertised residential properties available is 10 on Bayut.

What is the range of asking rents for MAG 550's properties?

You can find rental properties in MAG 550 for a price between AED 48,000 and AED 75,000 per annum.

How much did the rental prices change for properties in MAG 550? 

Recent trends depict a change of +16% over the past 6 months in the asking annual rent for residential properties. New developments and changing market dynamics can impact the prices of properties. 

Which reputable schools are near MAG 550?

If you are looking for top-rated schools near MAG 550, consider the following:

• Greenfield International School
• South View School
• The International School of Choueifat DIP

Which childcare nurseries are situated near MAG 550?

Consider the following when looking for nurseries located in the vicinity of MAG 550:

• The Wonder Years Nursery Remraam
• CreaKids Nurseries DAMAC Hills
• Chubby Cheeks DIP

Which neighbouring areas can be explored for renting properties?

These areas close to MAG 550 are highly preferred by renters:

• Remraam
• Dubai Investment Park (DIP)
• Expo City

Who ranks among the top real estate agencies in MAG 550 with rental properties?

These agencies are in the lead with the highest number of residential properties listed in MAG 550:

• Gem Homes Real Estate
• Homes 4 Life Real Estate 71
• Irenic Real Estate

What is the volume of transactions for properties in MAG 550?

During the past year, the transaction volume of new contracts registered for rental properties in MAG 550 was 32.

What is the average annual rent for MAG 550 properties?

The average rental price for residential properties is AED 57,295 according to DLD’s transactional data from the past 12 months. The rental price of a property depends on various factors such as size, location, amenities, etc.

Did average rent increase or decrease for properties in MAG 550?

The average rent changed by +3% over the last 6 months as per the transactional data from DLD. Change in property prices can be due to the prevailing market conditions.