Unit 508, MAG 555: what it sold for and what it is worth now

Unit 508 at MAG 555 is a studio of 349 sq ft. It last sold for AED 450,000 on 3 Apr 2025. At AED 1,289 per sq ft, from 3 sales of units ending 08 (same position in the tower), it is worth about AED 450,000 today.

Value todayAED 450,000AED 449,000 to AED 497,000
Last saleAED 450,0003 Apr 2025 · Resale
Change since last sale+0.0%Building trend alone: AED 549,459
Rent (median asking, studio)AED 38,950Gross yield 8.7%
Bedroomsstudio
Size349 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 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 508

DatePriceSizeAED/sq ftType
3 Apr 2025AED 450,000349 sq ft1,289Resale

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
4084 Aug 2026AED 445,000347 sq ft1,282Resale
20816 Feb 2026AED 540,000347 sq ft1,556Resale
40814 Aug 2024AED 400,000347 sq ft1,153Resale
20822 Dec 2023AED 390,000347 sq ft1,124Resale
20818 Jan 2023AED 260,000347 sq ft749Resale

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
4213 Apr 2025AED 300,000360 sq ft833Resale
21518 Feb 2025AED 470,000410 sq ft1,146Resale
21815 Oct 2024AED 430,000437 sq ft984Resale

How we worked out the value

We took the 3 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,289). We multiplied it by the size of this unit (349 sq ft). The range uses the middle half of those sales (AED 1,286 to AED 1,423 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 549,459. 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 508 at MAG 555 worth?

About AED 450,000 (range AED 449,000 to AED 497,000), based on AED 1,289 per sq ft from registered sales up to 4 Sep 2026.

When did unit 508 last sell?

3 Apr 2025, for AED 450,000 (resale). It has 1 registered sale.

What rent can unit 508 make?

A studio in MAG 555 rents for about AED 38,950 a year (median asking rent). That is a gross yield of 8.7% on the estimate.

Sales alert for MAG 555All sales in MAG 555

Unit 506 · Unit 513