Unit 216 at MAG 555 is a studio of 410 sq ft. It last sold for AED 400,000 on 20 Sep 2024. At AED 1,297 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 532,000 today.
| Bedrooms | studio |
|---|---|
| Size | 410 sq ft |
| Floor | 2 (from the unit number) |
| Position in the tower | Stack 16: units ending 16 share the same layout and view |
| Building | MAG 555 by MAG Property Development, handed over 2019 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 20 Sep 2024 | AED 400,000 | 410 sq ft | 976 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 416 | 14 Mar 2024 | AED 372,000 | 410 sq ft | 907 | Resale |
| 616 | 19 May 2023 | AED 300,000 | 410 sq ft | 732 | Resale |
| 116 | 11 Feb 2020 | AED 378,500 | 410 sq ft | 923 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 408 | 4 Aug 2026 | AED 445,000 | 347 sq ft | 1,282 | Resale |
| 422 | 4 Jun 2026 | AED 467,000 | 360 sq ft | 1,297 | Resale |
| 208 | 16 Feb 2026 | AED 540,000 | 347 sq ft | 1,556 | Resale |
| 403 | 30 Jan 2026 | AED 480,000 | 365 sq ft | 1,315 | Resale |
| 107 | 19 Sep 2025 | AED 400,000 | 387 sq ft | 1,034 | Resale |
| 508 | 3 Apr 2025 | AED 450,000 | 349 sq ft | 1,289 | Resale |
| 421 | 3 Apr 2025 | AED 300,000 | 360 sq ft | 833 | Resale |
| 215 | 18 Feb 2025 | AED 470,000 | 410 sq ft | 1,146 | Resale |
We took the 5 sales in MAG 555 in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,297). We multiplied it by the size of this unit (410 sq ft). The range uses the middle half of those sales (AED 1,282 to AED 1,315 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 518,933. Floor, view, condition and upgrades can move the price either way. Sales data to 4 Sep 2026, from the Dubai Land Department register.
About AED 532,000 (range AED 526,000 to AED 539,000), based on AED 1,297 per sq ft from registered sales up to 4 Sep 2026.
20 Sep 2024, for AED 400,000 (resale). It has 1 registered sale.
A studio in MAG 555 rents for about AED 38,950 a year (median asking rent). That is a gross yield of 7.3% on the estimate.