Unit 607, MAG 550: what it sold for and what it is worth now

Unit 607 at MAG 550 is a studio of 473 sq ft. It last sold for AED 465,000 on 21 Feb 2025. 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.

Value todayAED 465,000AED 427,000 to AED 500,000
Last saleAED 465,00021 Feb 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 514,179
Bedroomsstudio
Size473 sq ft
Floor6 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingMAG 550 by MAG Property Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 607

DatePriceSizeAED/sq ftType
21 Feb 2025AED 465,000473 sq ft983Resale

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30718 Sep 2025AED 500,000473 sq ft1,057Resale
20710 May 2024AED 390,000473 sq ft825Resale
3078 Jun 2023AED 310,000473 sq ft655Resale
40714 Oct 2022AED 312,000473 sq ft660Resale

Latest studio sales in MAG 550

UnitDatePriceSizeAED/sq ftType
6036 May 2026AED 430,000476 sq ft903Resale
50331 Oct 2025AED 525,000476 sq ft1,103Resale
30718 Sep 2025AED 500,000473 sq ft1,057Resale
5034 Jun 2025AED 400,000476 sq ft840Resale
2033 Jun 2024AED 415,000476 sq ft872Resale
20710 May 2024AED 390,000473 sq ft825Resale
60323 Jan 2024AED 375,000476 sq ft788Resale
3078 Jun 2023AED 310,000473 sq ft655Resale

How we worked out the value

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 514,179. Floor, view, condition and upgrades can move the price either way. Sales data to 7 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 607 at MAG 550 worth?

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.

When did unit 607 last sell?

21 Feb 2025, for AED 465,000 (resale). It has 1 registered sale.

Sales alert for MAG 550All sales in MAG 550

Unit 606 · Unit 608