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MAG 550

Apartment 1 BR MAG Group

BELOW MARKET

Total Price

AED 727,000

Rate

1,090 AED/sqft

Size

667 sqft

Comparable sales

View area trends

Verdict logic

This transaction cleared at 1,090 AED/sqft, below market compared with the median of comparable apartment sales in Dubai South.

  • Comparable median: 1,712 AED/sqft across 6arm's-length sales weighted by location, size, beds and recency.
  • Delta vs comparable median: −36.3%.
  • Gifts and mortgages excluded.
highSale

Location context

Dubai South · MAG Group

Centroid shown — DLD parcel coordinates ship with the live data feed.

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Verify & cross-reference

DXB Interact's building page lists every registered sale — filter by date or price to find this one. DLD's property enquiry is the authoritative source: fill the form with the property's title deed, Makani, or land + unit number to retrieve the registered record. The “DLD ref” below is the transaction id from DLD's open dataset for your own records.

Building
MAG 550, Dubai South
in Dubai South Residential District · project: MAG 5 BOULEVARD
Sale date
08 May 2026
Procedure
Sell · Ready · arm's-length
DLD ref
DLD-1-11-2026-15661
DLD AED/sqm
11,731(our derived AED/sqft: 1,090)
Publishedby DLD on 20 May 2026
▸ Raw DLD record
transaction_id
dld-1-11-2026-15661
instance_date
2026-05-08
area_name_en
Dubai South
master_project_en
Dubai South Residential District
project_name_en
MAG 5 BOULEVARD
building_name_en
MAG 550
property_type_en
Apartment
rooms
1 BR
size_sqft
667
actual_worth
AED 727,000
meter_sale_price
11,731 AED/sqm
procedure_name_en
Sell
reg_type_en
Existing Properties
property_usage_en
Residential
has_parking
yes
parties (seller / buyer)
1 / 1
nearest_landmark_en
Expo 2020 Site
nearest_metro_en
nearest_mall_en
load_timestamp
2026-05-20T13:18:43.000Z

This record is pulled directly from the Dubai Land Department's open data portal. The “DLD ref” field above is the registered DLD transaction id — to verify, use the DXB Interact lookup or paste the ref into DLD's inquiry tool. The building, area, date and price will match the public record. Heart Homes is not affiliated with the Department.DLD open-data home ↗