MAG 505
Studios to two-beds in Dubai South. 6 apartments sold in the last 12 months; every sale, rent and unit is below.
About MAG 505
MAG 505 is an apartment building in Dubai South, completed in 2020 by MAG. It has six storeys and 132 apartments, ranging from studios to two-bedroom units. Sizes run from 347 to 668 sqft. The building stands close to MAG 510, MAG 565 and South Living. Talal Market is within walking distance, about 100 m away. Two education options, SPI Sport Performance Institute and Cherry Tree Nursery, are also within walking distance at about 500 m. A splash park is about 700 m away, and Al Noor South Polyclinic is about 1.1 km away. Pulse Mall, listed as upcoming, is about 1.3 km away.
132 apartments over 6 floors: 60 studios of 347 to 437 sqft, 60 one-beds of 478 to 657 sqft and 12 two-beds of 666 to 668 sqft. The service charge is AED 16.40 per sqft a year.
6 apartments sold in the 12 months to November 2026, at a median of AED 1,107 per sqft. Most of the trading is in studios: 3 of the 6 sales, at AED 420,000 to 550,000, which is why the typical sale sits below the price of its larger homes. 74 rental contracts were registered over the same 12 months, at a typical AED 42,000 a year.
- Developer
- MAG
- Completed
- 2020
- Floors
- 6
- Units
- 132
- Unit types
- Studio to 2-bed
Average prices in MAG 505
In MAG 505, typical sale prices over the last 12 months were around AED 485,000 for studios, AED 645,000 for one-beds and AED 710,000 for two-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in MAG 505
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Transaction history in MAG 505
- CompletedStudio · 436 sqft 07 Aug 2026AED 19,93646 /sqft
- Completed1-bed · 623 sqft 16 Jul 2026AED 690,0001,107 /sqft
- CompletedStudio · 410 sqft 05 Jun 2026AED 420,0001,024 /sqft
- Completed2-bed · 666 sqft 30 Mar 2026AED 710,0001,065 /sqft
- Completed1-bed · 478 sqft 20 Jan 2026AED 600,0001,255 /sqft
- CompletedStudio · 410 sqft 03 Dec 2025AED 550,0001,341 /sqft
- Completed1-bed · 513 sqft 22 Oct 2025AED 570,0001,109 /sqft
- Completed2-bed · 667 sqft 20 Oct 2025AED 770,0001,153 /sqft
- Completed1-bed · 637 sqft 30 Sep 2025AED 714,0001,120 /sqft
- Completed1-bed · 637 sqft 22 Aug 2025AED 650,0001,019 /sqft
Over the last 12 months, MAG 505 has recorded 6 apartment sales. Typical homes sold for around AED 600K (about AED 1,107 per sqft) with a median size of 478 sqft; most were studios, from roughly AED 420K to AED 710K.
Units in MAG 505
132 units- Unit 1011-bed · 628 sqftSold AED 480K, Sep 2019
- Unit 102Studio · 387 sqftSold AED 378K, Jun 2019
- Unit 103Studio · 365 sqftSold AED 340K, Jun 2018
- Unit 1041-bed · 478 sqftSold AED 600K, Jan 2026
- Unit 1052-bed · 668 sqftSold AED 630K, Aug 2024
- Unit 1061-bed · 483 sqftSold AED 455K, Oct 2018
- Unit 107Studio · 387 sqftSold AED 340K, Jun 2018
- Unit 108Studio · 347 sqftSold AED 220K, May 2020
- Unit 1091-bed · 478 sqftSold AED 425K, May 2018
- Unit 1102-bed · 666 sqftSold AED 490K, Jul 2019
Every unit in MAG 505, by number
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 311
- 312
- 313
- 314
- 315
- 316
- 317
- 318
- 319
- 320
- 321
- 322
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 412
- 413
- 414
- 415
- 416
- 417
- 418
- 419
- 420
- 421
- 422
- 501
- 502
- 503
- 504
- 505
- 506
- 507
- 508
- 509
- 510
- 511
- 512
- 513
- 514
- 515
- 516
- 517
- 518
- 519
- 520
- 521
- 522
- 601
- 602
- 603
- 604
- 605
- 606
- 607
- 608
- 609
- 610
- 611
- 612
- 613
- 614
- 615
- 616
- 617
- 618
- 619
- 620
- 621
- 622
Nearby buildings in Dubai South
All 125 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| MAG 510 | 2020 | AED 1,213 | AED 93 | 7.7% |
| MAG 565 | 2020 | AED 1,206 | AED 93 | 7.8% |
| South Living | 2020 | Few sales | ||
| MAG 515 | 2020 | AED 1,092 | AED 96 | 8.8% |
| MAG 560 | 2020 | AED 1,085 | AED 92 | 8.5% |
| MAG 520 | 2020 | AED 1,180 | AED 93 | 7.9% |
| MAG 555 | 2020 | AED 1,265 | AED 98 | 7.7% |
| MAG 525 | 2020 | AED 1,117 | AED 80 | 7.1% |
| MAG 550 | 2020 | AED 1,062 | AED 81 | 7.7% |
| MAG 530 | 2020 | AED 1,133 | AED 78 | 6.9% |
MAG 505 in numbers
- Across 6 DLD sales in the 12 months to November 2026, the median price in MAG 505 was AED 1,107 per sqft and the typical home sold for about AED 600K.
- Completed in 2020 by MAG; 6 floors of studios to two-beds; service charge AED 16.40 per sqft a year.
- Studios of 347 to 437 sqft sold for AED 420,000 to 550,000 between December 2025 and August 2026, a median AED 1,182 per sqft.
- A studio of 347 to 437 sqft rents for AED 26,000 to 50,000 a year on the 36 contracts registered in the last 12 months.
- Gross rental yield 8.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 10 November 2026.
Questions about MAG 505
How much does a studio in MAG 505 cost?
3 studios sold in the 12 months to November 2026, for AED 420,000 to 550,000; the median was AED 485,000, or AED 1,182 per sqft.
How much is a studio for rent in MAG 505?
About AED 38,000 a year: that is the median of the 36 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 26,000 to 50,000.
What is the rental yield in MAG 505?
About 8.4% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in MAG 505?
AED 16.40 per sqft a year. For a typical 478 sqft home that is about AED 7,800 a year.
Who built MAG 505 and when?
MAG; completed in 2020; 6 floors; 132 apartments.
How many apartments are there in MAG 505?
132, studios to two-beds. Each has its own page with its full sales and rental history.
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