Unit 204, MAG 555: what it sold for and what it is worth now

Unit 204 at MAG 555 is a 1 bed of 478 sq ft. It last sold for AED 350,000 on 24 Jun 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 602,000 today.

Value todayAED 602,000AED 580,000 to AED 604,000
Last saleAED 350,00024 Jun 2024 · Resale
Change since last sale+72.0%Building trend alone: AED 456,280
Rent (median asking, 1 bed)AED 54,950Gross yield 9.1%
Bedrooms1 bed
Size478 sq ft
Floor2 (from the unit number)
Position in the towerStack 04: units ending 04 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 204

DatePriceSizeAED/sq ftType
24 Jun 2024AED 350,000478 sq ft732Resale
24 Dec 2020AED 422,675478 sq ft884Resale

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1044 Sep 2026AED 600,000478 sq ft1,255Resale
40416 Dec 2022AED 335,000478 sq ft701Resale
4049 Feb 2020AED 437,500478 sq ft915Resale

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 (478 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 456,280. 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 204 at MAG 555 worth?

About AED 602,000 (range AED 580,000 to AED 604,000), based on AED 1,259 per sq ft from registered sales up to 4 Sep 2026.

When did unit 204 last sell?

24 Jun 2024, for AED 350,000 (resale). It has 2 registered sales.

What rent can unit 204 make?

A 1 bed in MAG 555 rents for about AED 54,950 a year (median asking rent). That is a gross yield of 9.1% on the estimate.

Sales alert for MAG 555All sales in MAG 555

Unit 203 · Unit 206