Unit 420, MAG 555: what it sold for and what it is worth now

Unit 420 at MAG 555 is a 1 bed of 514 sq ft. It last sold for AED 465,285 on 28 Sep 2020. 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 647,000 today.

Value todayAED 647,000AED 623,000 to AED 650,000
Last saleAED 465,28528 Sep 2020 · Off-plan
Change since last sale+39.1% 
Rent (median asking, 1 bed)AED 54,950Gross yield 8.5%
Bedrooms1 bed
Size514 sq ft
Floor4 (from the unit number)
Position in the towerStack 20: units ending 20 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 420

DatePriceSizeAED/sq ftType
28 Sep 2020AED 465,285514 sq ft905Off-plan

Units ending 20 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
22020 Jun 2023AED 375,000514 sq ft730Resale
6208 Feb 2022AED 365,000514 sq ft710Resale
12026 Feb 2020AED 472,000514 sq ft918Off-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 (514 sq ft). The range uses the middle half of those sales (AED 1,212 to AED 1,264 per sq ft). 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 420 at MAG 555 worth?

About AED 647,000 (range AED 623,000 to AED 650,000), based on AED 1,259 per sq ft from registered sales up to 4 Sep 2026.

When did unit 420 last sell?

28 Sep 2020, for AED 465,285 (off-plan). It has 1 registered sale.

What rent can unit 420 make?

A 1 bed in MAG 555 rents for about AED 54,950 a year (median asking rent). That is a gross yield of 8.5% on the estimate.

Sales alert for MAG 555All sales in MAG 555

Unit 416 · Unit 421