111, MAG 505
Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, MAG 505
What is 111 worth today?
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Source: Dubai Land Department. Updated 26 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 483 sqft
- Floor
- 1st of 6
- Parking
- G-28
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,900 /yr
- Last sold
- AED 530K · September 2024
- Building
- MAG 505
About 111, MAG 505
111 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. It last sold on 27 September 2024 for AED 530,000, or AED 1,097 per sqft, 41% above the AED 779 one-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 26 September 2025, is AED 49,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 7,900 a year.
Sales and rents for 111 over time
111 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 111 sits
All 60 1-beds →111 last sold in September 2024 at AED 1,097 per sqft, 41% above what one-beds in MAG 505 were fetching at the time (AED 779). 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. 111's AED 49,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 623 sqft | 690,000 | 1,107 | ||
| 20 Jan 202620 January 2026 | 478 sqft | 600,000 | 1,254 | ||
| 22 Oct 202522 October 2025 | 514 sqft | 570,000 | 1,109 | ||
| 30 Sep 202530 September 2025 | 638 sqft | 714,000 | 1,119 |
MAG 505
Building132 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%
Other units on the 1st floor
All 132 units in MAG 505| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 628 sqft | AED 480KAED 480,000 · Sep 2019September 2019 | 27,000 /yr | |
| 102 | Studio | 387 sqft | AED 378KAED 378,280 · Jun 2019June 2019 | 36,000 /yr | |
| 103 | Studio | 365 sqft | AED 340KAED 340,000 · Jun 2018June 2018 | 41,000 /yr | |
| 104 | 1-bed | 478 sqft | AED 600KAED 600,000 · Jan 2026January 2026 | 46,000 /yr | |
| 105 | 2-bed | 668 sqft | AED 630KAED 630,000 · Aug 2024August 2024 | 63,000 /yr | |
| 106 | 1-bed | 483 sqft | AED 455KAED 455,000 · Oct 2018October 2018 | ||
| 107 | Studio | 387 sqft | AED 340KAED 340,000 · Jun 2018June 2018 | 25,000 /yr | |
| 108 | Studio | 347 sqft | AED 220KAED 220,000 · May 2020May 2020 | 32,000 /yr | |
| 109 | 1-bed | 478 sqft | AED 425KAED 425,000 · May 2018May 2018 | 42,000 /yr | |
| 110 | 2-bed | 666 sqft | AED 490KAED 490,000 · Jul 2019July 2019 | 69,500 /yr | |
| 112 | 1-bed | 656 sqft | AED 460KAED 460,000 · Jan 2022January 2022 | 34,729 /yr | |
| 113 | 1-bed | 622 sqft | AED 466KAED 466,000 · Jun 2018June 2018 | 50,000 /yr | |
| 114 | 1-bed | 638 sqft | AED 537KAED 537,000 · Oct 2024October 2024 | 48,000 /yr | |
| 115 | Studio | 410 sqft | AED 290KAED 290,000 · Feb 2024February 2024 | 40,000 /yr | |
| 116 | Studio | 410 sqft | AED 420KAED 420,000 · Jun 2026June 2026 | 36,000 /yr | |
| 117 | Studio | 437 sqft | AED 395KAED 395,000 · Jun 2018June 2018 | 38,000 /yr | |
| 118 | Studio | 437 sqft | AED 395KAED 395,000 · Jun 2018June 2018 | 42,000 /yr | |
| 119 | 1-bed | 514 sqft | AED 570KAED 570,000 · Oct 2025October 2025 | 23,500 /yr | |
| 120 | 1-bed | 514 sqft | AED 458KAED 458,000 · May 2018May 2018 | 46,200 /yr | |
| 121 | Studio | 360 sqft | AED 375KAED 375,000 · Jun 2019June 2019 | 35,000 /yr | |
| 122 | Studio | 360 sqft | AED 345KAED 345,000 · Jun 2024June 2024 | 32,000 /yr |
111, MAG 505 in numbers
- Sold 3 times: first on 24 November 2019 for AED 478,240, last on 27 September 2024 for AED 530,000 (AED 1,097 per sqft).
- Rented since June 2021 on 5 Ejari contracts, from AED 22,000 to AED 49,000 a year.
- At AED 49,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 7,900 a year (AED 16.40 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 26 September 2025.
Questions about 111, MAG 505
What did unit 111 last sell for?
AED 530,000 on 27 September 2024: AED 1,097 per sqft for 483 sqft. The unit has 3 registered sales; the first was AED 478,240 in November 2019.
What is the rent for unit 111?
AED 49,000 a year on the contract signed on 26 September 2025. The previous contract, from September 2024, was AED 46,000; the unit has been rented since June 2021.
How big is unit 111?
483 sqft (44.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.
What is unit 111 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.
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Mortgage on 111, MAG 505
Starts from the last sale price (AED 530K, 27 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 530,000
- Deposit, UAE resident (20%)
- AED 106,000
- Deposit, non-resident (40%)
- AED 212,000
- Monthly over 25 years at 3.7%
- AED 2,168
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →