2-bed · 666 sqftMAG 505, Dubai South · 2nd floor · completed 2020

210, MAG 505

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

Unit 210 · DLD and Ejari recordsUpdated 1 December 2020
Last soldAED 562K6 February 2020
Current rentAED 28K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 210, MAG 505

What is 210 worth today?

Last sold for AED 562,000 in 2020

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1 Dec 2020RentedNew contract
AED 28,000/yr13 months · AED 42 per sqft
6 Feb 2020Sold by developerOff-plan
AED 562,000AED 843 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
2nd of 6
Parking
G-55
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 562K · February 2020
Building
MAG 505

About 210, MAG 505

210 is a two-bedroom apartment of 666 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 6 February 2020 for AED 562,000, or AED 843 per sqft, 6% above the AED 793 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2020. The current contract, signed on 1 December 2020, is AED 28,000 a year: a gross yield of 5.0% on the 2020 price, before the service charge of about AED 10,900 a year.

Sales and rents for 210 over time

Sales
Unit 210, each saleTypical two-bed in MAG 505
500K550K201820192020Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, February 2020: AED 562,000 (AED 843 per sqft)

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

Rents
Unit 210, each contractTypical two-bed in MAG 505
40K60K2020202220242026Typical rent by year: 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,750; 2024 AED 43,000; 2025 AED 59,500; 2026 AED 60,000New contract, December 2020: AED 28,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 505, and where 210 sits

All 12 2-beds →

210 last sold in February 2020 at AED 843 per sqft, 6% above what two-beds in MAG 505 were fetching at the time (AED 793). Over the last 12 months two-beds sold for AED 710,000, around AED 1,065 per sqft, and rent for AED 55,000 to 64,000 a year. 210's AED 28,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Mar 2026710,000
20 Oct 2025770,000
31 Jan 2025700,000
29 Aug 2024630,000
1 2-bed sale 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
2011-bedAED 533K · May 2018
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
1–7 of 21

210, MAG 505 in numbers

  • Sold once: by MAG on 6 February 2020 for AED 562,000, or AED 843 per sqft.
  • Rented since December 2020 on one Ejari contract, at AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2020 price is 5.0%, before a service charge of about AED 10,900 a year (AED 16.40 per sqft).
  • Two-beds in MAG 505 sold for AED 710,000–710,000 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 December 2020.

Questions about 210, MAG 505

What did unit 210 last sell for?

AED 562,000 on 6 February 2020, sold by the developer: AED 843 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 210?

AED 28,000 a year on the contract signed on 1 December 2020.

How big is unit 210?

666 sqft (61.9 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 210 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 505 sold for AED 710,000 to 710,000 in the last 12 months, around AED 1,065 per sqft.

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Mortgage on 210, MAG 505

Starts from the last sale price (AED 562K, 6 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 562,000
Deposit, UAE resident (20%)
AED 112,400
Deposit, non-resident (40%)
AED 224,800
Monthly over 25 years at 3.7%
AED 2,299

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