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1-bed · 622 sqftMAG 505, Dubai South · 1st floor · completed 2020

113, MAG 505

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 26 September 2026
Last soldAED 466K18 June 2018
Current rentAED 50K /yr26 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 113, MAG 505

What is 113 worth today?

Last sold for AED 466,000 in 2018

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26 Sep 2026RentedRenewal
AED 50,000/yr5 months · AED 80 per sqft
26 Sep 2025RentedRenewal
AED 50,000/yr12 months · AED 80 per sqft
26 Sep 2024RentedNew contract
AED 50,000/yr12 months · AED 80 per sqft
20 Sep 2023RentedRenewal
AED 26,000/yr12 months · AED 42 per sqft
20 Sep 2022RentedRenewal
AED 26,000/yr12 months · AED 42 per sqft
20 Sep 2021RentedRenewal
AED 26,000/yr12 months · AED 42 per sqft
20 Sep 2020RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
18 Jun 2018Sold by developerOff-plan
AED 466,000AED 748 per sqft

Source: Dubai Land Department. Updated 26 September 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
1st of 6
Parking
G-13
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 466K · June 2018
Building
MAG 505

About 113, MAG 505

113 is a one-bedroom apartment of 622 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 18 June 2018 for AED 466,000, or AED 748 per sqft, 17% below the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 26 September 2026, is AED 50,000 a year: a gross yield of 10.7% on the 2018 price, before the service charge of about AED 10,200 a year.

Sales and rents for 113 over time

Sales
Unit 113, 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, June 2018: AED 466,000 (AED 748 per sqft)

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

Rents
Unit 113, each contractTypical one-bed in MAG 505
20K40K2020202220242026Typical 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, September 2020: AED 26,000 a yearRenewal, September 2021: AED 26,000 a yearRenewal, September 2022: AED 26,000 a yearRenewal, September 2023: AED 26,000 a yearNew contract, September 2024: AED 50,000 a yearRenewal, September 2025: AED 50,000 a yearRenewal, September 2026: AED 50,000 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 113 sits

All 60 1-beds →

113 last sold in June 2018 at AED 748 per sqft, 17% below what one-beds in MAG 505 were fetching at the time (AED 903). 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. 113's AED 50,000 is in the upper 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

113, MAG 505 in numbers

  • Sold once: by MAG on 18 June 2018 for AED 466,000, or AED 748 per sqft.
  • Rented since September 2020 on 7 Ejari contracts, from AED 26,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 10.7%, before a service charge of about AED 10,200 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 2026.

Questions about 113, MAG 505

What did unit 113 last sell for?

AED 466,000 on 18 June 2018, sold by the developer: AED 748 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 113?

AED 50,000 a year on the contract renewed on 26 September 2026. The previous contract, from September 2025, was AED 50,000; the unit has been rented since September 2020.

How big is unit 113?

622 sqft (57.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 113 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 113, MAG 505

Starts from the last sale price (AED 466K, 18 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 466,000
Deposit, UAE resident (20%)
AED 93,200
Deposit, non-resident (40%)
AED 186,400
Monthly over 25 years at 3.7%
AED 1,907

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