Unit 506, MAG 555: what it sold for and what it is worth now

Unit 506 at MAG 555 is a 1 bed of 483 sq ft. It last sold for AED 600,000 on 1 Jul 2025. 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 600,0001 Jul 2025 · Resale
Change since last sale+1.3%Building trend alone: AED 691,752
Rent (median asking, 1 bed)AED 54,950Gross yield 9.0%
Bedrooms1 bed
Size483 sq ft
Floor5 (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 506

DatePriceSizeAED/sq ftType
1 Jul 2025AED 600,000483 sq ft1,242Resale
2 Feb 2024AED 450,000483 sq ft932Resale

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20620 Aug 2024AED 500,000483 sq ft1,035Resale
60616 Apr 2024AED 222,663483 sq ft461Resale
40614 Dec 2022AED 325,000483 sq ft673Resale
1068 Mar 2020AED 450,000483 sq ft932Off-plan
4069 Feb 2020AED 443,500483 sq ft918Resale

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
60124 Jun 2025AED 660,000629 sq ft1,049Resale
31415 May 2025AED 650,000638 sq ft1,019Resale

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 691,752. 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 506 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 506 last sell?

1 Jul 2025, for AED 600,000 (resale). It has 2 registered sales.

What rent can unit 506 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 422 · Unit 508