Home
Dubai prices
About
Research
1-bed · 628 sqftMAG 505, Dubai South · 2nd floor · completed 2020

201, MAG 505

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

Unit 201 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 533K17 May 2018
Current rentAED 45K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 201

Property timeline for 201, MAG 505

What is 201 worth today?

Last sold for AED 533,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Aug 2025RentedRenewal
AED 45,000/yr12 months · AED 72 per sqft
15 Aug 2024RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
1 Aug 2023RentedRenewal
AED 36,000/yr12 months · AED 58 per sqft
1 Aug 2022RentedNew contract
AED 25,000/yr12 months · AED 40 per sqft
1 Jul 2021RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
1 Jul 2020RentedNew contract
AED 24,000/yr12 months · AED 38 per sqft
17 May 2018Sold by developerOff-plan
AED 533,000AED 848 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
1-bed apartment
Size
628 sqft
Floor
2nd of 6
Parking
G-23
Developer
MAG
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 533K · May 2018
Building
MAG 505

About 201, MAG 505

201 is a one-bedroom apartment of 628 sqft on the 2nd floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 17 May 2018 for AED 533,000, or AED 848 per sqft, 8% below the AED 921 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 45,000 a year: a gross yield of 8.4% on the 2018 price, before the service charge of about AED 10,300 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, May 2018: AED 533,000 (AED 848 per sqft)

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

Rents
Unit 201, 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, July 2020: AED 24,000 a yearNew contract, July 2021: AED 24,000 a yearNew contract, August 2022: AED 25,000 a yearRenewal, August 2023: AED 36,000 a yearNew contract, August 2024: AED 45,000 a yearRenewal, August 2025: AED 45,000 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 201 sits

All 60 1-beds →

201 last sold in May 2018 at AED 848 per sqft, 8% below what one-beds in MAG 505 were fetching at the time (AED 921). 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. 201's AED 45,000 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 2nd floor

All 132 units in MAG 505
Value
202StudioAED 380K · Apr 2018
203StudioAED 384K · Jul 2018
2041-bedAED 240K · Mar 2021
2052-bedAED 770K · Oct 2025
2061-bedAED 420K · Jun 2018
207StudioAED 385K · Mar 2018
208StudioAED 350K · Sep 2019
1–7 of 21

201, MAG 505 in numbers

  • Sold once: by MAG on 17 May 2018 for AED 533,000, or AED 848 per sqft.
  • Rented since July 2020 on 6 Ejari contracts, from AED 24,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 8.4%, before a service charge of about AED 10,300 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 15 August 2025.

Questions about 201, MAG 505

What did unit 201 last sell for?

AED 533,000 on 17 May 2018, sold by the developer: AED 848 per sqft for 628 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 45,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 45,000; the unit has been rented since July 2020.

How big is unit 201?

628 sqft (58.3 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 201 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.

Selling 201? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 201, MAG 505

Starts from the last sale price (AED 533K, 17 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 533,000
Deposit, UAE resident (20%)
AED 106,600
Deposit, non-resident (40%)
AED 213,200
Monthly over 25 years at 3.7%
AED 2,181

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