204, MAG 505
Sold prices and rental history: sold twice, last in March 2021, 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 204, MAG 505
What is 204 worth today?
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Source: Dubai Land Department. Updated 25 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 2nd of 6
- Parking
- G-26
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,800 /yr
- Last sold
- AED 240K · March 2021
- Building
- MAG 505
About 204, MAG 505
204 is a one-bedroom apartment of 478 sqft on the 2nd floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 21 March 2021 for AED 240,000, or AED 501 per sqft.
It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 25 October 2026, is AED 46,000 a year: a gross yield of 19.2% on the 2021 price, before the service charge of about AED 7,800 a year.
Sales and rents for 204 over time
204 has sold twice; 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 204 sits
All 60 1-beds →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. 204's AED 46,000 is in the lower 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 2nd floor
All 132 units in MAG 505| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 628 sqft | AED 533KAED 533,000 · May 2018May 2018 | 45,000 /yr | |
| 202 | Studio | 387 sqft | AED 380KAED 380,000 · Apr 2018April 2018 | 38,000 /yr | |
| 203 | Studio | 365 sqft | AED 384KAED 383,817 · Jul 2018July 2018 | 18,000 /yr | |
| 205 | 2-bed | 668 sqft | AED 770KAED 770,000 · Oct 2025October 2025 | 55,000 /yr | |
| 206 | 1-bed | 483 sqft | AED 420KAED 420,000 · Jun 2018June 2018 | 45,000 /yr | |
| 207 | Studio | 387 sqft | AED 385KAED 385,000 · Mar 2018March 2018 | 25,000 /yr | |
| 208 | Studio | 347 sqft | AED 350KAED 350,000 · Sep 2019September 2019 | 38,000 /yr | |
| 209 | 1-bed | 478 sqft | AED 345KAED 345,000 · Jun 2023June 2023 | 40,000 /yr | |
| 210 | 2-bed | 666 sqft | AED 562KAED 562,000 · Feb 2020February 2020 | 28,000 /yr | |
| 211 | 1-bed | 483 sqft | AED 340KAED 340,000 · Nov 2021November 2021 | 45,000 /yr | |
| 212 | 1-bed | 656 sqft | AED 508KAED 508,000 · Apr 2019April 2019 | 25,000 /yr | |
| 213 | 1-bed | 622 sqft | AED 466KAED 466,000 · Jun 2018June 2018 | 55,000 /yr | |
| 214 | 1-bed | 638 sqft | AED 495KAED 495,000 · Jul 2024July 2024 | 52,000 /yr | |
| 215 | Studio | 410 sqft | AED 394KAED 394,000 · Mar 2018March 2018 | 38,000 /yr | |
| 216 | Studio | 410 sqft | AED 409KAED 409,350 · Apr 2018April 2018 | 56,400 /yr | |
| 217 | Studio | 437 sqft | AED 395KAED 395,000 · Jun 2018June 2018 | 37,000 /yr | |
| 218 | Studio | 437 sqft | AED 395KAED 395,000 · Jul 2018July 2018 | 26,000 /yr | |
| 219 | 1-bed | 514 sqft | AED 458KAED 458,000 · May 2018May 2018 | 47,000 /yr | |
| 220 | 1-bed | 514 sqft | AED 458KAED 458,000 · May 2018May 2018 | ||
| 221 | Studio | 360 sqft | AED 375KAED 375,000 · Sep 2020September 2020 | 34,000 /yr | |
| 222 | Studio | 360 sqft | AED 260KAED 260,000 · Nov 2022November 2022 | 40,000 /yr |
204, MAG 505 in numbers
- Sold twice: first on 9 May 2018 for AED 442,000, last on 21 March 2021 for AED 240,000 (AED 501 per sqft).
- Rented since April 2021 on 7 Ejari contracts, from AED 22,000 to AED 46,000 a year.
- At AED 46,000 a year the gross yield on the 2021 price is 19.2%, before a service charge of about AED 7,800 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 25 October 2026.
Questions about 204, MAG 505
What did unit 204 last sell for?
AED 240,000 on 21 March 2021: AED 501 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 442,000 in May 2018.
What is the rent for unit 204?
AED 46,000 a year on the contract signed on 25 October 2026. The previous contract, from October 2025, was AED 46,500; the unit has been rented since April 2021.
How big is unit 204?
478 sqft (44.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.
What is unit 204 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 204, MAG 505
Starts from the last sale price (AED 240K, 21 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 240,000
- Deposit, UAE resident (20%)
- AED 48,000
- Deposit, non-resident (40%)
- AED 96,000
- Monthly over 25 years at 3.7%
- AED 982
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →