Building · MAG 5 Boulevard, Dubai South · Sale prices

1-bedroom Apartment Prices in MAG 550 2026

The median sale price of a 1-bedroom apartment in MAG 550 was ⃃ 739,000 in the 12 months to 16 Oct 2026, based on 2 registered sales — 14.5% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 1,110 (+10.2% year on year). That is 40.9% below the Dubai-wide median of ⃃ 1,250,000 for the same 1-bedroom apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 2 salesUpdated: 18 Oct 2026
Median sale price
⃃ 739,000
+14.5% YoY
2 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,110
+10.2% YoY
2 sales · the 12 months to 16 Oct 2026
Registered sales
2
−66.7% YoY
worth ⃃ 1.48M · the 12 months to 16 Oct 2026
Gross rental yield
7.31%
median rent ⃃ 54,000/yr · yield details

What are the key price figures for 1-bedroom 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 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 739,00012 months to 16 Oct 20262 sales; +14.5% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,11012 months to 16 Oct 20262 sales; +10.2% vs the same 12 months a year earlier
Number of sales212 months to 16 Oct 2026−66.7% vs the same 12 months a year earlier
Total sales value⃃ 1,477,00012 months to 16 Oct 2026−60.8% vs the same 12 months a year earlier
Lowest / highest sale⃃ 727K – ⃃ 750K12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range630 – 670 sq ftall units on record48 units
Median annual rent⃃ 54,00012 months to 16 Oct 202631 units currently rented
Gross rental yield7.31%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+14.0%12 months to 16 Oct 2026change in property value over the period
Units on record48current2 sold in the 12 months to 16 Oct 2026 (4.2% of stock)
Units available for sale17currentactive listings matched to units
Developer (primary) median price⃃ 536,000all time48 developer sales; ⃃ 830 per sq ft
Launch date16/08/2015—project record
Completion / handover date06/02/2020—project record

How have apartment prices in MAG 550 changed since 2016?

Calendar-year figures for all apartments in MAG 550 (a bedroom-level yearly series is not published).

2016–2026 (to 16 Oct 2026)
MAG 550 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
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 16 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 16 Oct 2026)3part year⃃ 2.16M⃃ 727,000⃃ 1,035+3.0%
202513−27.8%⃃ 8.49M⃃ 645,000⃃ 1,005+18.3%
202418+125.0%⃃ 10.66M⃃ 540,000⃃ 850+21.3%
20238+60.0%⃃ 4.23M⃃ 460,000⃃ 700+6.2%
20225+400.0%⃃ 2.51M⃃ 312,700⃃ 660−22.0%
20211−50.0%⃃ 850K⃃ 850,000⃃ 846+23.1%
20202−33.3%⃃ 1.15M⃃ 575,000⃃ 687−14.4%
20193−85.0%⃃ 1.57M⃃ 515,555⃃ 803−3.4%
201820+566.7%⃃ 11.24M⃃ 538,740⃃ 831+2.9%
20173−92.3%⃃ 1.54M⃃ 515,000⃃ 807−2.0%
201639—⃃ 19.4M⃃ 520,555⃃ 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 16 Oct 2026).

MetricMAG 550MAG 5 BoulevardDubai
Median sale price⃃ 739,000⃃ 643,000⃃ 1,250,000
Median price per sq ft⃃ 1,110⃃ 1,110⃃ 1,640
Price per sq ft YoY+10.2%+8.8%+1.8%
Sales25058,489
Gross rental yield7.31%7.78%4.64%

What are the latest registered sales of 1-bedroom apartments in MAG 550?

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

DatePropertyTypeSizePricePer sq ftMarket
08/05/2026MAG 5501 bed · Apartment667 sq ft⃃ 727,000⃃ 1,090Resale · Ready

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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 16 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 with 1-bedroom layouts, 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/1-bedroom
1-bedroom Apartment Prices in MAG 550 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/mag-550/apartments/1-bedroom

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 1-bedroom apartments?
The median sale price of a 1-bedroom apartment in MAG 550 was ⃃ 739,000 in the 12 months to 16 Oct 2026, from 2 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 1-bedroom apartments in MAG 550 was ⃃ 1,110 in the 12 months to 16 Oct 2026, +10.2% compared with the same 12 months a year earlier.
How many properties were sold in MAG 550 in the last 12 months?
2 sales of 1-bedroom apartments worth ⃃ 1,477,000 were registered in MAG 550 in the 12 months to 16 Oct 2026 (−66.7% year on year).
Are property prices in MAG 550 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of 1-bedroom apartments in MAG 550 changed +10.2%. In calendar year 2025 it was ⃃ 1,005 (+18.3% on 2024), and ⃃ 1,035 so far in 2026.
What is the rental yield in MAG 550 for apartments?
The gross rental yield of 1-bedroom apartments in MAG 550 is 7.31% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 54,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/mag-550/apartments/1-bedroom