Unit 406, MAG 555: what it sold for and what it is worth now

Unit 406 at MAG 555 is a 1 bed of 483 sq ft. It last sold for AED 325,000 on 14 Dec 2022. 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 608,000 today.

Value todayAED 608,000AED 586,000 to AED 610,000
Last saleAED 325,00014 Dec 2022 · Resale
Change since last sale+87.1%Building trend alone: AED 575,549
Rent (median asking, 1 bed)AED 54,950Gross yield 9.0%
Bedrooms1 bed
Size483 sq ft
Floor4 (from the unit number)
Position in the towerStack 06: units ending 06 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 406

DatePriceSizeAED/sq ftType
14 Dec 2022AED 325,000483 sq ft673Resale
9 Feb 2020AED 443,500483 sq ft918Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
5061 Jul 2025AED 600,000483 sq ft1,242Resale
20620 Aug 2024AED 500,000483 sq ft1,035Resale
60616 Apr 2024AED 222,663483 sq ft461Resale
5062 Feb 2024AED 450,000483 sq ft932Resale
1068 Mar 2020AED 450,000483 sq ft932Off-plan

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 (483 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 575,549. 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 406 at MAG 555 worth?

About AED 608,000 (range AED 586,000 to AED 610,000), based on AED 1,259 per sq ft from registered sales up to 4 Sep 2026.

When did unit 406 last sell?

14 Dec 2022, for AED 325,000 (resale). It has 2 registered sales.

What rent can unit 406 make?

A 1 bed in MAG 555 rents for about AED 54,950 a year (median asking rent). That is a gross yield of 9.0% on the estimate.

Sales alert for MAG 555All sales in MAG 555

Unit 404 · Unit 408