Unit 218, MAG 555: what it sold for and what it is worth now

Unit 218 at MAG 555 is a studio of 437 sq ft. It last sold for AED 430,000 on 15 Oct 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 567,000 today.

Value todayAED 567,000AED 560,000 to AED 575,000
Last saleAED 430,00015 Oct 2024 · Resale
Change since last sale+31.9%Building trend alone: AED 557,853
Rent (median asking, studio)AED 38,950Gross yield 6.9%
Bedroomsstudio
Size437 sq ft
Floor2 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingMAG 555 by MAG Property Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 218

DatePriceSizeAED/sq ftType
15 Oct 2024AED 430,000437 sq ft984Resale

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31810 Jul 2023AED 325,000437 sq ft744Resale

Latest studio sales in MAG 555

UnitDatePriceSizeAED/sq ftType
4084 Aug 2026AED 445,000347 sq ft1,282Resale
4224 Jun 2026AED 467,000360 sq ft1,297Resale
20816 Feb 2026AED 540,000347 sq ft1,556Resale
40330 Jan 2026AED 480,000365 sq ft1,315Resale
10719 Sep 2025AED 400,000387 sq ft1,034Resale
5083 Apr 2025AED 450,000349 sq ft1,289Resale
4213 Apr 2025AED 300,000360 sq ft833Resale
21518 Feb 2025AED 470,000410 sq ft1,146Resale

How we worked out the value

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 (437 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 557,853. 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 218 at MAG 555 worth?

About AED 567,000 (range AED 560,000 to AED 575,000), based on AED 1,297 per sq ft from registered sales up to 4 Sep 2026.

When did unit 218 last sell?

15 Oct 2024, for AED 430,000 (resale). It has 1 registered sale.

What rent can unit 218 make?

A studio in MAG 555 rents for about AED 38,950 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for MAG 555All sales in MAG 555

Unit 216 · Unit 220