MAG 550

114 sales registered with the Land Department between 2016 and 2026, in Dubai South · part of Mag 5 Boulevard by MAG 5 PROPERTY DEVELOPMENT L.L.C.

Median, last 12 months

AED 1,073/sqft

AED 830/sqft across the whole record since 2016

Sales in the last year

114 since 2016

Against Dubai South

-34%

Area median AED 1,638/sqft over the same year

Sold before completion

56%

Share of registrations made off-plan

What each size has sold for

Median of every registered sale in MAG 550, by the bedroom count on the registration. Sizes below eight sales are left out rather than shown with a median nobody should rely on.

Size	Median price	Typical size	Per area	Sales
studio	AED 385,555	475 sqft	AED 811/sqft	24
1-bed	AED 535,555	639 sqft	AED 835/sqft	73
2-bed	AED 718,598	965 sqft	AED 712/sqft	17

Rent registered across Mag 5 Boulevard

Not MAG 550’s own figure. Ejari records the project on a tenancy, not the building, so this is every new let registered across Mag 5 Boulevard in the twelve months to Sept 2026. Renewals are excluded — they are priced off an older contract under Decree 43’s increase bands, not by today’s market.

Studio

AED 40,000/yr

199 new lets

1-bed

AED 52,800/yr

255 new lets

2-bed

AED 70,000/yr

49 new lets

Price per square foot by year

Median of MAG 550’s own registered sales. Years with fewer than five sales are left out rather than plotted as a point.

2016AED 837/sqft36 sales
2017AED 808/sqft6 sales
2018AED 830/sqft20 sales
2022AED 659/sqft5 sales
2023AED 700/sqft8 sales
2024AED 849/sqft18 sales
2025AED 1,004/sqft13 sales

Recent registered sales

The 20 most recent registrations in MAG 550, as published by the Land Department.

Registered	Home	Size	Price	Per area
8 May 2026	1 B/R	667 sqft	AED 727,000	AED 1,090/sqft
7 May 2026	Studio	476 sqft	AED 430,000	AED 903/sqft
25 Dec 2025	1 B/R	667 sqft	AED 750,000	AED 1,124/sqft
17 Dec 2025	2 B/R	965 sqft	AED 1,100,000	AED 1,140/sqft
15 Dec 2025	2 B/R	1,005 sqft	AED 990,000	AED 985/sqft
31 Oct 2025	Studio	476 sqft	AED 525,000	AED 1,102/sqft
8 Oct 2025

Other buildings in Dubai South

Celestia a 750 Azizi Venice 15 - Building B 696 Celestia B 661 Azizi Venice 14-Building a 583 Azizi Venice 11 580 Azizi Venice 6 - Building A 570 Azizi Venice 14-Building G 494 Azizi Venice 13 ? Building B 487 Azizi Venice 14-Building F 480 Azizi Venice 14-Building E 460 Azizi Venice 10 - Building B 429 Azizi Venice 12 - Building A

Buying in MAG 550?

Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.

Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample

Figures are medians of registered sale prices published by the Dubai Land Department, matched to this building by the name written on each registration. They are what buyers paid, not what sellers are asking. Sizes are as registered.