Unit 611, MAG 555: what it sold for and what it is worth now

Unit 611 at MAG 555 is a 1 bed of 483 sq ft. It last sold for AED 425,000 on 24 Jun 2024. 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 425,00024 Jun 2024 · Resale
Change since last sale+43.1%Building trend alone: AED 554,054
Rent (median asking, 1 bed)AED 54,950Gross yield 9.0%
Bedrooms1 bed
Size483 sq ft
Floor6 (from the unit number)
Position in the towerStack 11: units ending 11 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 611

DatePriceSizeAED/sq ftType
24 Jun 2024AED 425,000483 sq ft880Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41130 Oct 2025AED 610,000483 sq ft1,263Resale

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 554,054. 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 611 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 611 last sell?

24 Jun 2024, for AED 425,000 (resale). It has 1 registered sale.

What rent can unit 611 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 609 · Unit 615