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1-bed · 656 sqftMAG 505, Dubai South · 2nd floor · completed 2020

212, MAG 505

Sold prices and rental history: sold once, by the developer in April 2019, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 12 April 2026
Last soldAED 508K17 April 2019
Current rentAED 25K /yr12 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 212, MAG 505

What is 212 worth today?

Last sold for AED 508,000 in 2019

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12 Apr 2026RentedRenewal
AED 25,000/yr12 months · AED 38 per sqft
12 Apr 2025RentedRenewal
AED 25,000/yr12 months · AED 38 per sqft
12 Apr 2024RentedRenewal
AED 25,000/yr12 months · AED 38 per sqft
12 Apr 2023RentedRenewal
AED 25,000/yr12 months · AED 38 per sqft
11 Apr 2022RentedRenewal
AED 24,931/yr12 months · AED 38 per sqft
7 Apr 2021RentedNew contract
AED 25,000/yr12 months · AED 38 per sqft
17 Apr 2019Sold by developerOff-plan
AED 508,000AED 774 per sqft

Source: Dubai Land Department. Updated 12 April 2026.

Key facts

Type
1-bed apartment
Size
656 sqft
Floor
2nd of 6
Parking
G-34
Developer
MAG
Completed
2020
Service charge
AED 10,800 /yr
Last sold
AED 508K · April 2019
Building
MAG 505

About 212, MAG 505

212 is a one-bedroom apartment of 656 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 April 2019 for AED 508,000, or AED 774 per sqft, 13% below the AED 890 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 12 April 2026, is AED 25,000 a year: a gross yield of 4.9% on the 2019 price, before the service charge of about AED 10,800 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, April 2019: AED 508,000 (AED 774 per sqft)

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

Rents
Unit 212, 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, April 2021: AED 25,000 a yearRenewal, April 2022: AED 24,931 a yearRenewal, April 2023: AED 25,000 a yearRenewal, April 2024: AED 25,000 a yearRenewal, April 2025: AED 25,000 a yearRenewal, April 2026: AED 25,000 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 212 sits

All 60 1-beds →

212 last sold in April 2019 at AED 774 per sqft, 13% below what one-beds in MAG 505 were fetching at the time (AED 890). 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. 212's AED 25,000 is at the bottom 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
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

212, MAG 505 in numbers

  • Sold once: by MAG on 17 April 2019 for AED 508,000, or AED 774 per sqft.
  • Rented since April 2021 on 6 Ejari contracts, at AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2019 price is 4.9%, before a service charge of about AED 10,800 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 12 April 2026.

Questions about 212, MAG 505

What did unit 212 last sell for?

AED 508,000 on 17 April 2019, sold by the developer: AED 774 per sqft for 656 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 25,000 a year on the contract renewed on 12 April 2026. The previous contract, from April 2025, was AED 25,000; the unit has been rented since April 2021.

How big is unit 212?

656 sqft (60.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 212 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 212, MAG 505

Starts from the last sale price (AED 508K, 17 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 508,000
Deposit, UAE resident (20%)
AED 101,600
Deposit, non-resident (40%)
AED 203,200
Monthly over 25 years at 3.7%
AED 2,078

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