Building · MAG 5 Boulevard, Dubai South · Sale prices

MAG 550 Apartments Prices 2026

The median sale price of an apartment in MAG 550 was AED 750,000 in the 12 months to 19 Oct 2026, based on 7 registered sales — 17.6% higher than the same 12 months a year earlier. The median price per square foot was AED 1,090 (+9.7% year on year). That is 39.3% below the Dubai-wide median of AED 1,236,000 for the same apartment mix.

Period: 12 months to 19 Oct 2026Compared with: same 12 months a year earlierSample: 7 salesUpdated: 20 Oct 2026
Median sale price
AED 750,000
+17.6% YoY
7 sales · the 12 months to 19 Oct 2026
Median price per sq ft
AED 1,090
+9.7% YoY
7 sales · the 12 months to 19 Oct 2026
Registered sales
7
−30.0% YoY
worth AED 5.52M · the 12 months to 19 Oct 2026
Gross rental yield
7.33%
median rent AED 55,000/yr · yield details

What are the key price figures for apartments in MAG 550?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 19 Oct 2026.
MetricValuePeriodBasis
Median sale priceAED 750,00012 months to 19 Oct 20267 sales; +17.6% vs the same 12 months a year earlier
Median price per sq ftAED 1,09012 months to 19 Oct 20267 sales; +9.7% vs the same 12 months a year earlier
Number of sales712 months to 19 Oct 2026−30.0% vs the same 12 months a year earlier
Total sales valueAED 5,521,00012 months to 19 Oct 2026−8.8% vs the same 12 months a year earlier
Lowest / highest saleAED 430K – AED 1.1M12 months to 19 Oct 2026single registered sales (not typical prices)
Unit size range470 – 2,520 sq ftall units on record86 units
Median annual rentAED 55,00012 months to 19 Oct 202654 units currently rented
Gross rental yield7.33%12 months to 19 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+13.0%12 months to 19 Oct 2026change in property value over the period
Units on record86current7 sold in the 12 months to 19 Oct 2026 (8.1% of stock)
Units available for sale24currentactive listings matched to units
Developer (primary) median priceAED 539,000all time77 developer sales; AED 830 per sq ft
Launch date16/08/2015—project record
Completion / handover date06/02/2020—project record

How much does each bedroom size cost in MAG 550?

Medians over the 12 months to 19 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 19 Oct 2026. YoY = median price vs the same 12 months a year earlier.
UnitMedian priceYoYPer sq ftSalesGross yield
Studio apartmentAED 478,000+2.7%AED 1,00027.95%
1-bedroom apartmentAED 739,000+14.5%AED 1,11027.31%
2-bedroom apartmentAED 999,000+7.9%AED 1,04037.51%

How have apartment prices in MAG 550 changed since 2016?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2016–2026 (to 19 Oct 2026)
MAG 550 median price per sq ft and sales by year
SalesMedian price per sq ft (AED)
201639824
20173807
201820831
20193803
20202687
20211846
20225660
20238700
202418850
2025131,005
2026 YTD31,035
Registered sales and median price per sq ft by year, MAG 550, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 19 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 19 Oct 2026)3part yearAED 2.16MAED 727,000AED 1,035+3.0%
202513−27.8%AED 8.49MAED 645,000AED 1,005+18.3%
202418+125.0%AED 10.66MAED 540,000AED 850+21.3%
20238+60.0%AED 4.23MAED 460,000AED 700+6.2%
20225+400.0%AED 2.51MAED 312,700AED 660−22.0%
20211−50.0%AED 850KAED 850,000AED 846+23.1%
20202−33.3%AED 1.15MAED 575,000AED 687−14.4%
20193−85.0%AED 1.57MAED 515,555AED 803−3.4%
201820+566.7%AED 11.24MAED 538,740AED 831+2.9%
20173−92.3%AED 1.54MAED 515,000AED 807−2.0%
201639—AED 19.4MAED 520,555AED 824—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does MAG 550 compare with MAG 5 Boulevard and Dubai?

Same property mix, same window (the 12 months to 19 Oct 2026).

MetricMAG 550MAG 5 BoulevardDubai
Median sale priceAED 750,000AED 623,000AED 1,236,000
Median price per sq ftAED 1,090AED 1,110AED 1,730
Price per sq ft YoY+9.7%+6.6%+1.7%
Sales794142,759
Gross rental yield7.33%7.22%4.94%

What are the latest registered sales of apartments in MAG 550?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
07/10/2026MAG 5502 beds · Apartment965 sq ftAED 999,000AED 1,035Primary · Ready
08/05/2026MAG 5501 bed · Apartment667 sq ftAED 727,000AED 1,090Resale · Ready
06/05/2026MAG 550Studio Apartment476 sq ftAED 430,000AED 903Resale · Ready

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 19 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/mag-550/apartments
MAG 550 Apartments Prices 2026. DXBinteract, data to 19 Oct 2026. https://dxbinteract.com/dubai-property-prices/mag-550/apartments

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in MAG 550 for apartments?
The median sale price of an apartment in MAG 550 was AED 750,000 in the 12 months to 19 Oct 2026, from 7 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in MAG 550 for apartments?
The median price per square foot of apartments in MAG 550 was AED 1,090 in the 12 months to 19 Oct 2026, +9.7% compared with the same 12 months a year earlier.
How many properties were sold in MAG 550 in the last 12 months?
7 sales of apartments worth AED 5,521,000 were registered in MAG 550 in the 12 months to 19 Oct 2026 (−30.0% year on year).
Are property prices in MAG 550 going up?
Over the 12 months to 19 Oct 2026 the median price per square foot of apartments in MAG 550 changed +9.7%. In calendar year 2025 it was AED 1,005 (+18.3% on 2024), and AED 1,035 so far in 2026.
What is the rental yield in MAG 550 for apartments?
The gross rental yield of apartments in MAG 550 is 7.33% (the 12 months to 19 Oct 2026), with a median annual rent of AED 55,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 19 Oct 2026 · https://dxbinteract.com/dubai-property-prices/mag-550/apartments