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2-bed · 666 sqftMAG 505, Dubai South · 3rd floor · completed 2020

310, MAG 505

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

Unit 310 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 562K7 November 2019
Current rentAED 58K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 310, MAG 505

What is 310 worth today?

Last sold for AED 562,000 in 2019

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1 May 2026RentedNew contract
AED 58,000/yr12 months · AED 87 per sqft
1 May 2025RentedNew contract
AED 55,000/yr12 months · AED 83 per sqft
1 May 2025RentedNew contract
AED 55,000/yr12 months · AED 83 per sqft
27 Feb 2025RentedNew contract
AED 59,000/yr12 months · AED 89 per sqft
27 Feb 2025RentedNew contract
AED 59,000/yr12 months · AED 89 per sqft
25 Jan 2023RentedNew contract
AED 35,000/yr12 months · AED 53 per sqft
17 Jan 2022RentedRenewal
AED 32,000/yr12 months · AED 48 per sqft
17 Jan 2021RentedNew contract
AED 28,000/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
3rd of 6
Parking
G-54
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 562K · November 2019
Building
MAG 505

About 310, MAG 505

310 is a two-bedroom apartment of 666 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 7 November 2019 for AED 562,000, or AED 843 per sqft, 7% above the AED 785 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 8 Ejari contracts. The current contract, signed on 1 May 2026, is AED 58,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 310 over time

Sales
Unit 310, each saleTypical two-bed in MAG 505
500K550K201820192020Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, November 2019: AED 562,000 (AED 843 per sqft)

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

Rents
Unit 310, 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, January 2021: AED 28,000 a yearRenewal, January 2022: AED 32,000 a yearNew contract, January 2023: AED 35,000 a yearNew contract, February 2025: AED 59,000 a yearNew contract, February 2025: AED 59,000 a yearNew contract, May 2025: AED 55,000 a yearNew contract, May 2025: AED 55,000 a yearNew contract, May 2026: AED 58,000 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 310 sits

All 12 2-beds →

310 last sold in November 2019 at AED 843 per sqft, 7% above what two-beds in MAG 505 were fetching at the time (AED 785). 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. 310's AED 58,000 is in the lower half 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
3052-bedAED 562K · Aug 2019
3061-bedAED 458K · Jun 2018
307StudioAED 380K · May 2019
1–7 of 21

310, MAG 505 in numbers

  • Sold once: by MAG on 7 November 2019 for AED 562,000, or AED 843 per sqft.
  • Rented since January 2021 on 8 Ejari contracts, from AED 28,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2019 price is 10.3%, 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 May 2026.

Questions about 310, MAG 505

What did unit 310 last sell for?

AED 562,000 on 7 November 2019, 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 310?

AED 58,000 a year on the contract signed on 1 May 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since January 2021.

How big is unit 310?

666 sqft (61.9 sqm): a two-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 310 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 310, MAG 505

Starts from the last sale price (AED 562K, 7 November 2019). 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 →