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2-bed · 668 sqftMAG 505, Dubai South · 3rd floor · completed 2020

305, MAG 505

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

Unit 305 · DLD and Ejari recordsUpdated 31 October 2025
Last soldAED 562K26 August 2019
Current rentAED 52K /yr31 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 305, MAG 505

What is 305 worth today?

Last sold for AED 562,366 in 2019

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31 Oct 2025RentedNew contract
AED 52,000/yr12 months · AED 78 per sqft
31 Oct 2024RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
20 Jan 2023RentedNew contract
AED 38,000/yr12 months · AED 57 per sqft
5 May 2021RentedNew contract
AED 27,000/yr13 months · AED 40 per sqft
26 Aug 2019Sold by developerOff-plan
AED 562,366AED 842 per sqft

Source: Dubai Land Department. Updated 31 October 2025.

Key facts

Type
2-bed apartment
Size
668 sqft
Floor
3rd of 6
Parking
G-49
Developer
MAG
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 562K · August 2019
Building
MAG 505

About 305, MAG 505

305 is a two-bedroom apartment of 668 sqft on the 3rd floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 26 August 2019 for AED 562,366, or AED 842 per sqft, in line with the AED 824 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 31 October 2025, is AED 52,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 11,000 a year.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical two-bed in MAG 505
500K550K201820192020Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, August 2019: AED 562,366 (AED 842 per sqft)

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

Rents
Unit 305, each contractTypical two-bed in MAG 505
40K60K2021202320252027Typical 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, May 2021: AED 27,000 a yearNew contract, January 2023: AED 38,000 a yearNew contract, October 2024: AED 50,000 a yearNew contract, October 2025: AED 52,000 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 305 sits

All 12 2-beds →

305 last sold in August 2019 at AED 842 per sqft, in line with what two-beds in MAG 505 were fetching at the time (AED 824). 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. 305's AED 52,000 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 3rd floor

All 132 units in MAG 505
Value
3011-bedAED 620K · Jan 2025
302StudioAED 364K · Sep 2019
303StudioAED 290K · Apr 2018
3041-bedAED 442K · May 2018
3061-bedAED 458K · Jun 2018
307StudioAED 380K · May 2019
308StudioAED 350K · Sep 2019
1–7 of 21

305, MAG 505 in numbers

  • Sold once: by MAG on 26 August 2019 for AED 562,366, or AED 842 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 27,000 to AED 52,000 a year.
  • At AED 52,000 a year the gross yield on the 2019 price is 9.3%, before a service charge of about AED 11,000 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 31 October 2025.

Questions about 305, MAG 505

What did unit 305 last sell for?

AED 562,366 on 26 August 2019, sold by the developer: AED 842 per sqft for 668 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 52,000 a year on the contract signed on 31 October 2025. The previous contract, from October 2024, was AED 50,000; the unit has been rented since May 2021.

How big is unit 305?

668 sqft (62.1 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 305 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 305, MAG 505

Starts from the last sale price (AED 562K, 26 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 562,366
Deposit, UAE resident (20%)
AED 112,473
Deposit, non-resident (40%)
AED 224,946
Monthly over 25 years at 3.7%
AED 2,301

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