2-bed · 666 sqftMAG 505, Dubai South · 1st floor · completed 2020

110, MAG 505

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 110 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 490K22 July 2019
Current rentAED 70K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 110, MAG 505

What is 110 worth today?

Last sold for AED 490,000 in 2019

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1 Mar 2025RentedNew contract
AED 69,500/yr12 months · AED 104 per sqft
1 Mar 2025RentedNew contract
AED 69,500/yr12 months · AED 104 per sqft
10 Mar 2023RentedRenewal
AED 39,000/yr12 months · AED 59 per sqft
10 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
22 Jul 2019Sold by developerOff-plan
AED 490,000AED 735 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
1st of 6
Parking
G-10
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 490K · July 2019
Building
MAG 505

About 110, MAG 505

110 is a two-bedroom apartment of 666 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 22 July 2019 for AED 490,000, or AED 735 per sqft, 11% below the AED 823 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 March 2025, is AED 69,500 a year: a gross yield of 14.2% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 110 over time

Sales
Unit 110, each saleTypical two-bed in MAG 505
500K550K201820192020Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, July 2019: AED 490,000 (AED 735 per sqft)

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

Rents
Unit 110, each contractTypical two-bed in MAG 505
40K60K2021202320252027Typical rent by year: 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,750; 2024 AED 43,000; 2025 AED 59,500; 2026 AED 60,000New contract, March 2022: AED 35,000 a yearRenewal, March 2023: AED 39,000 a yearNew contract, March 2025: AED 69,500 a yearNew contract, March 2025: AED 69,500 a year

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

2-beds in MAG 505, and where 110 sits

All 12 2-beds →

110 last sold in July 2019 at AED 735 per sqft, 11% below what two-beds in MAG 505 were fetching at the time (AED 823). Over the last 12 months two-beds sold for AED 710,000, around AED 1,065 per sqft, and rent for AED 55,000 to 64,000 a year. 110's AED 69,500 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Mar 2026710,000
20 Oct 2025770,000
31 Jan 2025700,000
29 Aug 2024630,000
1 2-bed sale 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
1061-bedAED 455K · Oct 2018
107StudioAED 340K · Jun 2018
1–7 of 21

110, MAG 505 in numbers

  • Sold once: by MAG on 22 July 2019 for AED 490,000, or AED 735 per sqft.
  • Rented since March 2022 on 4 Ejari contracts, from AED 35,000 to AED 69,500 a year.
  • At AED 69,500 a year the gross yield on the 2019 price is 14.2%, before a service charge of about AED 10,900 a year (AED 16.40 per sqft).
  • Two-beds in MAG 505 sold for AED 710,000–710,000 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 1 March 2025.

Questions about 110, MAG 505

What did unit 110 last sell for?

AED 490,000 on 22 July 2019, sold by the developer: AED 735 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 110?

AED 69,500 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 69,500; the unit has been rented since March 2022.

How big is unit 110?

666 sqft (61.9 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 110 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 505 sold for AED 710,000 to 710,000 in the last 12 months, around AED 1,065 per sqft.

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Mortgage on 110, MAG 505

Starts from the last sale price (AED 490K, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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