Unit 512 at MAG 550 is a 1 bed of 635 sq ft. It last sold for AED 650,000 on 8 Oct 2025. 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 692,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 635 sq ft |
| Floor | 5 (from the unit number) |
| Position in the tower | Stack 12: units ending 12 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 |
|---|---|---|---|---|
| 8 Oct 2025 | AED 650,000 | 635 sq ft | 1,024 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 312 | 18 Sep 2024 | AED 535,000 | 635 sq ft | 843 | 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 |
| 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 |
| 312 | 18 Sep 2024 | AED 535,000 | 635 sq ft | 843 | 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 (635 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 643,269. 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 692,000 (range AED 671,000 to AED 703,000), based on AED 1,090 per sq ft from registered sales up to 7 Oct 2026.
8 Oct 2025, for AED 650,000 (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 7.9% on the estimate.