1-bed · 483 sqftMAG 505, Dubai South · 1st floor · completed 2020

106, MAG 505

Sold prices and rental history: sold once, by the developer in October 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 15 October 2018
Last soldAED 455K15 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, MAG 505

What is 106 worth today?

Last sold for AED 455,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2018Sold by developerOff-plan
AED 455,000AED 942 per sqft

Source: Dubai Land Department. Updated 15 October 2018.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
1st of 6
Parking
G-27
Developer
MAG
Completed
2020
Service charge
AED 7,900 /yr
Last sold
AED 455K · October 2018
Building
MAG 505

About 106, MAG 505

106 is a one-bedroom apartment of 483 sqft on the 1st floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 15 October 2018 for AED 455,000, or AED 942 per sqft, 6% above the AED 891 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in MAG 505
400K500K600K20182020202220242026Typical sale price by year: 2018 AED 452,000; 2019 AED 478,240; 2020 AED 448,001; 2022 AED 455,485; 2023 AED 400,418; 2024 AED 495,000; 2025 AED 620,000Sold by developer, October 2018: AED 455,000 (AED 942 per sqft)

106 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 106, each contractTypical one-bed in MAG 505
20K30K40K2020202220242026Typical rent by year: 2020 AED 23,500; 2021 AED 23,500; 2022 AED 26,000; 2023 AED 29,000; 2024 AED 40,000; 2025 AED 45,000; 2026 AED 45,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in MAG 505, and where 106 sits

All 60 1-beds →

106 last sold in October 2018 at AED 942 per sqft, 6% above what one-beds in MAG 505 were fetching at the time (AED 891). Over the last 12 months one-beds sold for AED 600,000 to 690,000, around AED 1,181 per sqft, and rent for AED 25,000 to 72,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jul 2026690,000
20 Jan 2026600,000
22 Oct 2025570,000
30 Sep 2025714,000
2 1-bed sales in the last 12 months

MAG 505

Building

132 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.

Typical price per sqft
AED 1,107
Typical sale
AED 600K
Typical rent
AED 42K /yr
Typical yield
8.4%
MAG 505, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 505
Value
1011-bedAED 480K · Sep 2019
102StudioAED 378K · Jun 2019
103StudioAED 340K · Jun 2018
1041-bedAED 600K · Jan 2026
1052-bedAED 630K · Aug 2024
107StudioAED 340K · Jun 2018
108StudioAED 220K · May 2020
1–7 of 21

106, MAG 505 in numbers

  • Sold once: by MAG on 15 October 2018 for AED 455,000, or AED 942 per sqft.
  • One-beds in MAG 505 sold for AED 600,000–690,000 in the 12 months to November 2026; the building's median across all types is AED 1,107 per sqft.

Source: Dubai Land Department. Updated 15 October 2018.

Questions about 106, MAG 505

What did unit 106 last sell for?

AED 455,000 on 15 October 2018, sold by the developer: AED 942 per sqft for 483 sqft. It is the only registered sale of the unit.

How big is unit 106?

483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 505 sold for AED 600,000 to 690,000 in the last 12 months, around AED 1,181 per sqft.

Selling 106? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 106, MAG 505

Starts from the last sale price (AED 455K, 15 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →