Unit 407 at MAG 550 is a studio of 473 sq ft. It last sold for AED 312,000 on 14 Oct 2022. At AED 983 per sq ft, from 5 sales in the building in the last 24 months (studio), it is worth about AED 465,000 today.
| Bedrooms | studio |
|---|---|
| Size | 473 sq ft |
| Floor | 4 (from the unit number) |
| Position in the tower | Stack 07: units ending 07 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 |
|---|---|---|---|---|
| 14 Oct 2022 | AED 312,000 | 473 sq ft | 660 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 307 | 18 Sep 2025 | AED 500,000 | 473 sq ft | 1,057 | Resale |
| 607 | 21 Feb 2025 | AED 465,000 | 473 sq ft | 983 | Resale |
| 207 | 10 May 2024 | AED 390,000 | 473 sq ft | 825 | Resale |
| 307 | 8 Jun 2023 | AED 310,000 | 473 sq ft | 655 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 603 | 6 May 2026 | AED 430,000 | 476 sq ft | 903 | Resale |
| 503 | 31 Oct 2025 | AED 525,000 | 476 sq ft | 1,103 | Resale |
| 307 | 18 Sep 2025 | AED 500,000 | 473 sq ft | 1,057 | Resale |
| 503 | 4 Jun 2025 | AED 400,000 | 476 sq ft | 840 | Resale |
| 607 | 21 Feb 2025 | AED 465,000 | 473 sq ft | 983 | Resale |
| 203 | 3 Jun 2024 | AED 415,000 | 476 sq ft | 872 | Resale |
| 207 | 10 May 2024 | AED 390,000 | 473 sq ft | 825 | Resale |
| 603 | 23 Jan 2024 | AED 375,000 | 476 sq ft | 788 | Resale |
We took the 5 sales in MAG 550 in the last 24 months (studio), worked out the price per sq ft of each, and used the middle value (AED 983). We multiplied it by the size of this unit (473 sq ft). The range uses the middle half of those sales (AED 903 to AED 1,057 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 487,058. 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 465,000 (range AED 427,000 to AED 500,000), based on AED 983 per sq ft from registered sales up to 7 Oct 2026.
14 Oct 2022, for AED 312,000 (resale). It has 1 registered sale.