409, MAG 505
Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, MAG 505
What is 409 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 4th of 6
- Parking
- G-75
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,800 /yr
- Last sold
- AED 320K · September 2022
- Building
- MAG 505
About 409, MAG 505
409 is a one-bedroom apartment of 478 sqft on the 4th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 30 September 2022 for AED 320,000, or AED 669 per sqft, 5% below the AED 707 one-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 35,000 a year: a gross yield of 10.9% on the 2022 price, before the service charge of about AED 7,800 a year.
Sales and rents for 409 over time
409 has sold twice; the dashed line is the one-bed median of each year in the building.
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 409 sits
All 60 1-beds →409 last sold in September 2022 at AED 669 per sqft, 5% below what one-beds in MAG 505 were fetching at the time (AED 707). 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. 409's AED 35,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 623 sqft | 690,000 | 1,107 | ||
| 20 Jan 202620 January 2026 | 478 sqft | 600,000 | 1,254 | ||
| 22 Oct 202522 October 2025 | 514 sqft | 570,000 | 1,109 | ||
| 30 Sep 202530 September 2025 | 638 sqft | 714,000 | 1,119 |
MAG 505
Building132 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%
Other units on the 4th floor
All 132 units in MAG 505| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 523KAED 523,007 · Apr 2018April 2018 | 68,000 /yr | |
| 402 | Studio | 387 sqft | AED 361KAED 360,551 · Apr 2018April 2018 | 51,000 /yr | |
| 403 | Studio | 365 sqft | AED 385KAED 385,000 · Jul 2018July 2018 | 35,000 /yr | |
| 404 | 1-bed | 478 sqft | AED 442KAED 442,000 · Apr 2019April 2019 | 50,000 /yr | |
| 405 | 2-bed | 668 sqft | AED 460KAED 460,000 · Apr 2023April 2023 | 30,081 /yr | |
| 406 | 1-bed | 483 sqft | AED 448KAED 448,000 · Mar 2018March 2018 | 40,000 /yr | |
| 407 | Studio | 387 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 50,000 /yr | |
| 408 | Studio | 347 sqft | AED 351KAED 351,258 · Jul 2018July 2018 | 40,000 /yr | |
| 410 | 2-bed | 666 sqft | AED 710KAED 710,000 · Mar 2026March 2026 | 60,000 /yr | |
| 411 | 1-bed | 483 sqft | AED 435KAED 435,000 · Jun 2018June 2018 | 43,000 /yr | |
| 412 | 1-bed | 656 sqft | AED 508KAED 508,444 · Sep 2019September 2019 | 60,000 /yr | |
| 413 | 1-bed | 622 sqft | AED 485KAED 485,000 · Jul 2018July 2018 | 23,000 /yr | |
| 414 | 1-bed | 638 sqft | AED 455KAED 455,485 · Oct 2022October 2022 | 25,000 /yr | |
| 415 | Studio | 410 sqft | AED 380KAED 380,000 · Apr 2018April 2018 | 42,000 /yr | |
| 416 | Studio | 410 sqft | AED 396KAED 396,000 · Sep 2018September 2018 | 34,000 /yr | |
| 417 | Studio | 437 sqft | AED 416KAED 416,435 · Apr 2018April 2018 | 38,000 /yr | |
| 418 | Studio | 437 sqft | AED 396KAED 396,000 · Sep 2018September 2018 | 40,000 /yr | |
| 419 | 1-bed | 514 sqft | AED 452KAED 452,000 · Apr 2018April 2018 | 39,000 /yr | |
| 420 | 1-bed | 514 sqft | AED 452KAED 452,000 · Apr 2018April 2018 | 47,000 /yr | |
| 421 | Studio | 360 sqft | AED 380KAED 380,000 · May 2019May 2019 | 32,500 /yr | |
| 422 | Studio | 360 sqft | AED 325KAED 325,000 · Nov 2023November 2023 | 34,000 /yr |
409, MAG 505 in numbers
- Sold twice: first on 7 May 2018 for AED 442,000, last on 30 September 2022 for AED 320,000 (AED 669 per sqft).
- Rented since June 2020 on 7 Ejari contracts. The rent fell from AED 25,000 to AED 22,000 in 2021 and recovered to AED 35,000 by November 2025.
- At AED 35,000 a year the gross yield on the 2022 price is 10.9%, before a service charge of about AED 7,800 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 1 November 2025.
Questions about 409, MAG 505
What did unit 409 last sell for?
AED 320,000 on 30 September 2022: AED 669 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 442,000 in May 2018.
What is the rent for unit 409?
AED 35,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2025, was AED 24,223; the unit has been rented since June 2020.
How big is unit 409?
478 sqft (44.4 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 409 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 409, MAG 505
Starts from the last sale price (AED 320K, 30 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 320,000
- Deposit, UAE resident (20%)
- AED 64,000
- Deposit, non-resident (40%)
- AED 128,000
- Monthly over 25 years at 3.7%
- AED 1,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →