MAG 555

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by MAG
132
Total Units
128
Sold
AED 427,500
Median Price
AED 910
Median Price /sqft
Construction progress: 100%
Start: Aug, 2015Completion: Feb, 2020

MAG 555 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio60350 sqft - 440 sqftAED 0.5M (1,310 /sqft)AED 1,750 /sqft
-25.3
1 Bed60480 sqft - 660 sqftAED 0.3M (590 /sqft)AED 1,580 /sqft
-62.69
2 Beds12660 sqft - 670 sqftAED 1,520 /sqft
0

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSize Balcony
StudioApartment, 1031365 sqft0 sqft Check Availability
1Apartment, 2122656 sqft7.6 sqft Check Availability
1Apartment, 2142638 sqft12.03 sqft Check Availability
1Apartment, 6126657 sqft7.6 sqft Check Availability

Sold properties

BedsCategorySize BalconyFloorPricePrice /sqftDate
1Apartment656 sqft7.6 sqft 1AED 680,000AED 1,037 /sqft 31, Jul 2025
1Apartment478 sqft5.6 sqft 1AED 600,000AED 1,255 /sqft 04, Sep 2026
1Apartment638 sqft12.03 sqft 1AED 475,000AED 745 /sqft 23, Apr 2024
1Apartment514 sqft5.35 sqft 1AED 474,000AED 922 /sqft 17, Sep 2017
1Apartment514 sqft5.35 sqft 1AED 472,000AED 918 /sqft 26, Feb 2020
1Apartment483 sqft0 sqft 1AED 450,000AED 932 /sqft 08, Mar 2020
1Apartment483 sqft0 sqft 1AED 447,746AED 927 /sqft 15, Oct 2017
1Apartment622 sqft12.03 sqft 1AED 444,548AED 715 /sqft 21, Feb 2023
1Apartment628 sqft9.46 sqft 1AED 420,000AED 669 /sqft 17, May 2024
1Apartment478 sqft5.6 sqft 1AED 21,564AED 45 /sqft 11, Aug 2026
2Apartment665 sqft11.72 sqft 1AED 582,000AED 875 /sqft 07, Jan 2018
2Apartment666 sqft11.7 sqft 1AED 565,800AED 850 /sqft 13, Jun 2018
StudioApartment437 sqft6.66 sqft 1AED 404,500AED 928 /sqft 12, Apr 2018
StudioApartment387 sqft4.85 sqft 1AED 400,000AED 1,034 /sqft 19, Sep 2025
StudioApartment437 sqft6.66 sqft 1AED 399,000AED 915 /sqft 09, Apr 2018

MAG 555 Real Estate Data – FAQ

  • What is the current property supply in MAG 555?

    MAG 555 has a total residential supply of approximately 35 units. This represents completed and available inventory within the area.

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  • How active is the real estate market in MAG 555?

    MAG 555 recorded 12 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

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  • What is the average price /sqft in MAG 555?

    The median transaction price in MAG 555 is AED 1,260 /sqft , based on actual recorded sales transactions, not listing prices.

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  • What rental yield can investors expect in MAG 555?

    The gross rental yield in MAG 555 is approximately 10%, calculated using median rental income divided by median sale prices for comparable properties.

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  • How much have property prices increased in MAG 555?

    Property prices in MAG 555 have shown a capital appreciation of 0% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

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  • How many off-plan projects are currently in MAG 555?

    There are currently 0 active off-plan projects in MAG 555, reflecting strong developer activity and future supply pipeline.

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  • What is the future supply pipeline in MAG 555?

    The total off-plan pipeline in MAG 555 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

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  • Is MAG 555 a good area for property investment?

    MAG 555 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around %, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

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  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

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  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

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  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In MAG 555, this is %, indicating relatively strong income performance compared to global markets.

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