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1-bed · 622 sqftMAG 505, Dubai South · 3rd floor · completed 2020

313, MAG 505

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 16 April 2026
Last soldAED 485K15 December 2023
Current rentAED 40K /yr16 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313, MAG 505

What is 313 worth today?

Last sold for AED 485,000 in 2023

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16 Apr 2026RentedNew contract
AED 39,600/yr12 months · AED 64 per sqft
15 Dec 2023SoldReady
AED 485,000AED 779 per sqft
15 Apr 2023RentedNew contract
AED 30,000/yr12 months · AED 48 per sqft
10 Apr 2022RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
5 Oct 2021RentedNew contract
AED 27,000/yr12 months · AED 43 per sqft
15 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
13 Jan 2019Sold by developerOff-plan
AED 468,000AED 751 per sqft

Source: Dubai Land Department. Updated 16 April 2026.

Key facts

Type
1-bed apartment
Size
622 sqft
Floor
3rd of 6
Parking
G-57
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 485K · December 2023
Building
MAG 505

About 313, MAG 505

313 is a one-bedroom apartment of 622 sqft on the 3rd floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 15 December 2023 for AED 485,000, or AED 779 per sqft, 9% above the AED 714 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 16 April 2026, is AED 39,600 a year: a gross yield of 8.2% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, January 2019: AED 468,000 (AED 751 per sqft)Sold, December 2023: AED 485,000 (AED 779 per sqft)

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

Rents
Unit 313, 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, August 2020: AED 28,000 a yearNew contract, October 2021: AED 27,000 a yearNew contract, April 2022: AED 27,000 a yearNew contract, April 2023: AED 30,000 a yearNew contract, April 2026: AED 39,600 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 313 sits

All 60 1-beds →

313 last sold in December 2023 at AED 779 per sqft, 9% above what one-beds in MAG 505 were fetching at the time (AED 714). 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. 313's AED 39,600 is in the lower 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 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

313, MAG 505 in numbers

  • Sold twice: first on 13 January 2019 for AED 468,000, last on 15 December 2023 for AED 485,000 (AED 779 per sqft).
  • Rented since August 2020 on 5 Ejari contracts, from AED 28,000 to AED 39,600 a year.
  • At AED 39,600 a year the gross yield on the 2023 price is 8.2%, 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 16 April 2026.

Questions about 313, MAG 505

What did unit 313 last sell for?

AED 485,000 on 15 December 2023: AED 779 per sqft for 622 sqft. The unit has 2 registered sales; the first was AED 468,000 in January 2019.

What is the rent for unit 313?

AED 39,600 a year on the contract signed on 16 April 2026. The previous contract, from April 2023, was AED 30,000; the unit has been rented since August 2020.

How big is unit 313?

622 sqft (57.8 sqm): a one-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2020.

What is unit 313 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 313, MAG 505

Starts from the last sale price (AED 485K, 15 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

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