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1-bed · 656 sqftMAG 505, Dubai South · 1st floor · completed 2020

112, MAG 505

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

Unit 112 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 460K26 January 2022
Current rentAED 35K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 112, MAG 505

What is 112 worth today?

Last sold for AED 460,000 in 2022

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1 May 2025RentedRenewal
AED 34,729/yr12 months · AED 53 per sqft
1 May 2024RentedRenewal
AED 33,075/yr12 months · AED 50 per sqft
1 May 2023RentedRenewal
AED 31,500/yr12 months · AED 48 per sqft
1 May 2022RentedNew contract
AED 29,000/yr12 months · AED 44 per sqft
26 Jan 2022Sold by developerReady
AED 460,000AED 701 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
1st of 6
Parking
G-12
Developer
MAG
Completed
2020
Service charge
AED 10,800 /yr
Last sold
AED 460K · January 2022
Building
MAG 505

About 112, MAG 505

112 is a one-bedroom apartment of 656 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 26 January 2022 for AED 460,000, or AED 701 per sqft, in line with the AED 701 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 34,729 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 10,800 a year.

Sales and rents for 112 over time

Sales
Unit 112, 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, January 2022: AED 460,000 (AED 701 per sqft)

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

Rents
Unit 112, 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 45,000New contract, May 2022: AED 29,000 a yearRenewal, May 2023: AED 31,500 a yearRenewal, May 2024: AED 33,075 a yearRenewal, May 2025: AED 34,729 a year

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 112 sits

All 60 1-beds →

112 last sold in January 2022 at AED 701 per sqft, in line with what one-beds in MAG 505 were fetching at the time (AED 701). 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. 112's AED 34,729 is in the lower half of that range.

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
1061-bedAED 455K · Oct 2018
107StudioAED 340K · Jun 2018
1–7 of 21

112, MAG 505 in numbers

  • Sold once: by MAG on 26 January 2022 for AED 460,000, or AED 701 per sqft.
  • Rented since May 2022 on 4 Ejari contracts, from AED 29,000 to AED 34,729 a year.
  • At AED 34,729 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 10,800 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 1 May 2025.

Questions about 112, MAG 505

What did unit 112 last sell for?

AED 460,000 on 26 January 2022, sold by the developer: AED 701 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 34,729 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 33,075; the unit has been rented since May 2022.

How big is unit 112?

656 sqft (60.9 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 112 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 112, MAG 505

Starts from the last sale price (AED 460K, 26 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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