Unit 101, MAG 555: what it sold for and what it is worth now

Unit 101 at MAG 555 is a 1 bed of 628 sq ft. It last sold for AED 420,000 on 17 May 2024. At AED 1,049 per sq ft, from 3 sales of units ending 01 (same position in the tower), it is worth about AED 659,000 today.

Value todayAED 659,000AED 574,000 to AED 670,000
Last saleAED 420,00017 May 2024 · Resale
Change since last sale+56.9%Building trend alone: AED 546,474
Rent (median asking, 1 bed)AED 54,950Gross yield 8.3%
Bedrooms1 bed
Size628 sq ft
Floor1 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingMAG 555 by MAG Property Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 101

DatePriceSizeAED/sq ftType
17 May 2024AED 420,000628 sq ft669Resale
10 Oct 2022AED 449,173628 sq ft715Resale

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60118 Aug 2026AED 682,000629 sq ft1,084Resale
60124 Jun 2025AED 660,000629 sq ft1,049Resale
4011 Nov 2024AED 490,000628 sq ft780Resale
2017 Nov 2021AED 413,820628 sq ft659Resale
40129 Mar 2021AED 439,000628 sq ft699Resale

Latest 1 bed sales in MAG 555

UnitDatePriceSizeAED/sq ftType
1044 Sep 2026AED 600,000478 sq ft1,255Resale
60118 Aug 2026AED 682,000629 sq ft1,084Resale
3092 Feb 2026AED 605,000478 sq ft1,266Resale
41130 Oct 2025AED 610,000483 sq ft1,263Resale
11231 Jul 2025AED 680,000656 sq ft1,037Resale
51330 Jul 2025AED 640,000623 sq ft1,027Resale
5061 Jul 2025AED 600,000483 sq ft1,242Resale
60124 Jun 2025AED 660,000629 sq ft1,049Resale

How we worked out the value

We took the 3 resale sales of units ending 01 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,049). We multiplied it by the size of this unit (628 sq ft). The range uses the middle half of those sales (AED 915 to AED 1,067 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 546,474. Floor, view, condition and upgrades can move the price either way. Sales data to 4 Sep 2026, from the Dubai Land Department register.

Questions

What is unit 101 at MAG 555 worth?

About AED 659,000 (range AED 574,000 to AED 670,000), based on AED 1,049 per sq ft from registered sales up to 4 Sep 2026.

When did unit 101 last sell?

17 May 2024, for AED 420,000 (resale). It has 2 registered sales.

What rent can unit 101 make?

A 1 bed in MAG 555 rents for about AED 54,950 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for MAG 555All sales in MAG 555

Unit 104