Unit 201 at MAG 550 is a 2 bed of 1,040 sq ft. It last sold for AED 700,000 on 26 Feb 2020. At AED 1,035 per sq ft, from 3 sales in the building in the last 12 months (2 bed), it is worth about AED 1,077,000 today.
| Bedrooms | 2 bed |
|---|---|
| Size | 1,040 sq ft |
| Floor | 2 (from the unit number) |
| Position in the tower | Stack 01: units ending 01 share the same layout and view |
| Building | MAG 550 by MAG Property Development, handed over 2019 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 26 Feb 2020 | AED 700,000 | 1,040 sq ft | 673 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 301 | 3 Feb 2023 | AED 718,598 | 1,040 sq ft | 691 | Resale |
| 501 | 14 Dec 2022 | AED 697,881 | 1,041 sq ft | 670 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 614 | 7 Oct 2026 | AED 999,000 | 965 sq ft | 1,035 | Resale |
| 314 | 17 Dec 2025 | AED 1,100,000 | 965 sq ft | 1,140 | Resale |
| 205 | 12 Dec 2025 | AED 990,000 | 1,005 sq ft | 985 | Resale |
| 214 | 17 Dec 2024 | AED 926,100 | 965 sq ft | 960 | Resale |
| 514 | 22 Aug 2024 | AED 925,000 | 965 sq ft | 959 | Resale |
| 114 | 10 Jun 2024 | AED 905,000 | 965 sq ft | 938 | Resale |
| 313 | 10 Jun 2024 | AED 905,000 | 965 sq ft | 938 | Resale |
| 105 | 22 Jun 2023 | AED 715,920 | 1,005 sq ft | 712 | Resale |
We took the 3 sales in MAG 550 in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,035). We multiplied it by the size of this unit (1,040 sq ft). The range uses the middle half of those sales (AED 1,010 to AED 1,088 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 7 Oct 2026, from the Dubai Land Department register.
About AED 1,077,000 (range AED 1,051,000 to AED 1,131,000), based on AED 1,035 per sq ft from registered sales up to 7 Oct 2026.
26 Feb 2020, for AED 700,000 (resale). It has 1 registered sale.
A 2 bed in MAG 550 rents for about AED 75,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.