Unit 114, MAG 555: what it sold for and what it is worth now

Unit 114 at MAG 555 is a 1 bed of 638 sq ft. It last sold for AED 475,000 on 23 Apr 2024. At AED 1,259 per sq ft, from 4 sales in the building in the last 12 months (1 bed), it is worth about AED 803,000 today.

Value todayAED 803,000AED 774,000 to AED 806,000
Last saleAED 475,00023 Apr 2024 · Resale
Change since last sale+69.1%Building trend alone: AED 617,133
Rent (median asking, 1 bed)AED 54,950Gross yield 6.8%
Bedrooms1 bed
Size638 sq ft
Floor1 (from the unit number)
Position in the towerStack 14: units ending 14 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 114

DatePriceSizeAED/sq ftType
23 Apr 2024AED 475,000638 sq ft745Resale
30 Jan 2023AED 455,485638 sq ft714Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31415 May 2025AED 650,000638 sq ft1,019Resale

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 4 sales in MAG 555 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,259). We multiplied it by the size of this unit (638 sq ft). The range uses the middle half of those sales (AED 1,212 to AED 1,264 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 617,133. 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 114 at MAG 555 worth?

About AED 803,000 (range AED 774,000 to AED 806,000), based on AED 1,259 per sq ft from registered sales up to 4 Sep 2026.

When did unit 114 last sell?

23 Apr 2024, for AED 475,000 (resale). It has 2 registered sales.

What rent can unit 114 make?

A 1 bed in MAG 555 rents for about AED 54,950 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for MAG 555All sales in MAG 555

Unit 113 · Unit 116