Unit 506 at MAG 550 is a 1 bed of 667 sq ft. It last sold for AED 400,000 on 4 Mar 2024. At AED 1,090 per sq ft, from 3 sales in the building in the last 12 months (1 bed), it is worth about AED 727,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 667 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 06: units ending 06 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 |
|---|---|---|---|---|
| 4 Mar 2024 | AED 400,000 | 667 sq ft | 600 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 606 | 25 Dec 2025 | AED 750,000 | 667 sq ft | 1,124 | Resale |
| 306 | 23 Aug 2024 | AED 640,000 | 666 sq ft | 961 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 602 | 8 May 2026 | AED 727,000 | 667 sq ft | 1,090 | Resale |
| 606 | 25 Dec 2025 | AED 750,000 | 667 sq ft | 1,124 | Resale |
| 512 | 8 Oct 2025 | AED 650,000 | 635 sq ft | 1,024 | Resale |
| 408 | 29 Jul 2025 | AED 700,000 | 642 sq ft | 1,090 | Resale |
| 404 | 7 Apr 2025 | AED 630,000 | 642 sq ft | 981 | Resale |
| 608 | 31 Jan 2025 | AED 645,000 | 642 sq ft | 1,005 | Resale |
| 609 | 31 Jan 2025 | AED 495,000 | 639 sq ft | 775 | Resale |
| 508 | 7 Jan 2025 | AED 645,000 | 642 sq ft | 1,005 | Resale |
We took the 3 sales in MAG 550 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,090). We multiplied it by the size of this unit (667 sq ft). The range uses the middle half of those sales (AED 1,057 to AED 1,107 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 515,494. 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 727,000 (range AED 705,000 to AED 739,000), based on AED 1,090 per sq ft from registered sales up to 7 Oct 2026.
4 Mar 2024, for AED 400,000 (resale). It has 1 registered sale.
A 1 bed in MAG 550 rents for about AED 55,000 a year (median asking rent). That is a gross yield of 7.6% on the estimate.