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1-bed · 514 sqftMAG 505, Dubai South · 1st floor · completed 2020

119, MAG 505

Sold prices and rental history: sold twice, last in October 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 119 · DLD and Ejari recordsUpdated 22 October 2025
Last soldAED 570K22 October 2025
Current rentAED 24K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 119, MAG 505

What is 119 worth today?

Last sold for AED 570,000 in 2025

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22 Oct 2025SoldReady
AED 570,000AED 1,109 per sqft
1 Mar 2024RentedRenewal
AED 23,500/yr12 months · AED 45 per sqft
1 Mar 2024RentedRenewal
AED 23,500/yr12 months · AED 46 per sqft
1 Mar 2023RentedRenewal
AED 23,500/yr12 months · AED 45 per sqft
1 Mar 2022RentedNew contract
AED 23,500/yr12 months · AED 45 per sqft
30 Sep 2020RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
16 Oct 2018Sold by developerOff-plan
AED 448,000AED 871 per sqft

Source: Dubai Land Department. Updated 22 October 2025.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
1st of 6
Parking
G-19
Developer
MAG
Completed
2020
Service charge
AED 8,400 /yr
Last sold
AED 570K · October 2025
Building
MAG 505

About 119, MAG 505

119 is a one-bedroom apartment of 514 sqft on the 1st floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 October 2025 for AED 570,000, or AED 1,109 per sqft, 4% above the AED 1,064 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 23,500 a year: a gross yield of 4.1% on the 2025 price, before the service charge of about AED 8,400 a year.

Sales and rents for 119 over time

Sales
Unit 119, each saleTypical one-bed in MAG 505
400K500K600K201820212024Typical 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 448,000 (AED 871 per sqft)Sold, October 2025: AED 570,000 (AED 1,109 per sqft)

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

Rents
Unit 119, 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 22,000 a yearNew contract, March 2022: AED 23,500 a yearRenewal, March 2023: AED 23,500 a yearRenewal, March 2024: AED 23,500 a yearRenewal, March 2024: AED 23,500 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 119 sits

All 60 1-beds →

119 last sold in October 2025 at AED 1,109 per sqft, 4% above what one-beds in MAG 505 were fetching at the time (AED 1,064). 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. 119's AED 23,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jul 2026690,000
20 Jan 2026600,000
30 Sep 2025714,000
22 Aug 2025650,000
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

119, MAG 505 in numbers

  • Sold twice: first on 16 October 2018 for AED 448,000, last on 22 October 2025 for AED 570,000 (AED 1,109 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 22,000 to AED 23,500 a year.
  • At AED 23,500 a year the gross yield on the 2025 price is 4.1%, before a service charge of about AED 8,400 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 22 October 2025.

Questions about 119, MAG 505

What did unit 119 last sell for?

AED 570,000 on 22 October 2025: AED 1,109 per sqft for 514 sqft. The unit has 2 registered sales; the first was AED 448,000 in October 2018.

What is the rent for unit 119?

AED 23,500 a year on the contract renewed on 1 March 2024. The previous contract, from March 2024, was AED 23,500; the unit has been rented since September 2020.

How big is unit 119?

514 sqft (47.8 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 119 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 119, MAG 505

Starts from the last sale price (AED 570K, 22 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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