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1-bed · 622 sqftMAG 505, Dubai South · 2nd floor · completed 2020

213, MAG 505

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 213 · DLD and Ejari recordsUpdated 2 May 2026
Last soldAED 466K19 June 2018
Current rentAED 55K /yr2 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 213, MAG 505

What is 213 worth today?

Last sold for AED 466,000 in 2018

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2 May 2026RentedNew contract
AED 55,000/yr12 months · AED 88 per sqft
3 Feb 2026RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
3 Feb 2025RentedRenewal
AED 48,000/yr12 months · AED 77 per sqft
3 Feb 2024RentedNew contract
AED 46,000/yr12 months · AED 74 per sqft
19 Jun 2018Sold by developerOff-plan
AED 466,000AED 748 per sqft

Source: Dubai Land Department. Updated 2 May 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
2nd of 6
Parking
G-35
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 466K · June 2018
Building
MAG 505

About 213, MAG 505

213 is a one-bedroom apartment of 622 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 19 June 2018 for AED 466,000, or AED 748 per sqft, 16% below the AED 891 one-beds in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 2 May 2026, is AED 55,000 a year: a gross yield of 11.8% on the 2018 price, before the service charge of about AED 10,200 a year.

Sales and rents for 213 over time

Sales
Unit 213, 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, June 2018: AED 466,000 (AED 748 per sqft)

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

Rents
Unit 213, each contractTypical one-bed in MAG 505
20K40K60K2020202220242026Typical 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, February 2024: AED 46,000 a yearRenewal, February 2025: AED 48,000 a yearRenewal, February 2026: AED 48,000 a yearNew contract, May 2026: AED 55,000 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 213 sits

All 60 1-beds →

213 last sold in June 2018 at AED 748 per sqft, 16% below what one-beds in MAG 505 were fetching at the time (AED 891). 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. 213's AED 55,000 is in the upper 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
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

213, MAG 505 in numbers

  • Sold once: by MAG on 19 June 2018 for AED 466,000, or AED 748 per sqft.
  • Rented since February 2024 on 4 Ejari contracts, from AED 46,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2018 price is 11.8%, before a service charge of about AED 10,200 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 2 May 2026.

Questions about 213, MAG 505

What did unit 213 last sell for?

AED 466,000 on 19 June 2018, sold by the developer: AED 748 per sqft for 622 sqft. It is the only registered sale of the unit.

What is the rent for unit 213?

AED 55,000 a year on the contract signed on 2 May 2026. The previous contract, from February 2026, was AED 48,000; the unit has been rented since February 2024.

How big is unit 213?

622 sqft (57.8 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 213 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 213, MAG 505

Starts from the last sale price (AED 466K, 19 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 466,000
Deposit, UAE resident (20%)
AED 93,200
Deposit, non-resident (40%)
AED 186,400
Monthly over 25 years at 3.7%
AED 1,907

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