2-bed · 668 sqftMAG 505, Dubai South · 5th floor · completed 2020

505, MAG 505

Sold prices and rental history: sold once, by the developer in September 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 505

Unit 505 · DLD and Ejari recordsUpdated 30 September 2018

Last soldAED 555K30 September 2018

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 505

Property timeline for 505, MAG 505

Today

What is 505 worth today?

Last sold for AED 555,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Sep 2018

30 Sep 2018Sold by developerOff-plan

AED 555,000AED 831 per sqft

Source: Dubai Land Department. Updated 30 September 2018.

Key facts

Type: 2-bed apartment
Size: 668 sqft
Floor: 5th of 6
Parking: G-93
Developer: MAG
Completed: 2020
Service charge: AED 11,000 /yr
Last sold: AED 555K · September 2018
Building: MAG 505

About 505, MAG 505

505 is a two-bedroom apartment of 668 sqft on the 5th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 30 September 2018 for AED 555,000, or AED 831 per sqft, in line with the AED 831 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales

Unit 505, each saleTypical two-bed in MAG 505

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

Rents

Unit 505, each contractTypical two-bed in MAG 505

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 505 sits

All 12 2-beds →

2-beds in MAG 505 · last 12 months1,065 /sqft MAG 505 · all types1,107 /sqft

505 last sold in September 2018 at AED 831 per sqft, in line with what two-beds in MAG 505 were fetching at the time (AED 831). 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
30 Mar 202630 March 2026	666 sqft	710,000	1,065
20 Oct 202520 October 2025	668 sqft	770,000	1,153
31 Jan 202531 January 2025	668 sqft	700,000	1,048
29 Aug 202429 August 2024	668 sqft	630,000	943

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 5th floor

All 132 units in MAG 505


501	1-bed	629 sqft	AED 530KAED 530,000 · Jul 2018July 2018	45,000 /yr
502	Studio	389 sqft	AED 360KAED 360,000 · Mar 2024March 2024	42,000 /yr
503	Studio	365 sqft	AED 300KAED 300,000 · Aug 2023August 2023	41,000 /yr
504	1-bed	478 sqft	AED 442KAED 442,000 · May 2019May 2019	34,000 /yr
506	1-bed	483 sqft	AED 550KAED 550,000 · Jul 2025July 2025	20,000 /yr
507	Studio	389 sqft	AED 391KAED 391,020 · Mar 2018March 2018	38,000 /yr
508	Studio	349 sqft	AED 350KAED 349,830 · Aug 2018August 2018	37,000 /yr
509	1-bed	478 sqft	AED 300KAED 300,000 · Dec 2022December 2022	46,500 /yr
510	2-bed	666 sqft	AED 569KAED 568,554 · Jul 2018July 2018	55,000 /yr
511	1-bed	483 sqft	AED 445KAED 445,000 · Mar 2018March 2018	43,000 /yr
512	1-bed	657 sqft	AED 545KAED 545,000 · May 2018May 2018	52,000 /yr
513	1-bed	623 sqft	AED 468KAED 468,000 · Jul 2018July 2018	45,000 /yr
514	1-bed	638 sqft	AED 479KAED 479,420 · Jul 2018July 2018	44,000 /yr
515	Studio	410 sqft	AED 388KAED 388,474 · May 2018May 2018	38,000 /yr
516	Studio	410 sqft	AED 396KAED 396,000 · Sep 2018September 2018	40,886 /yr
517	Studio	437 sqft	AED 395KAED 395,000 · Apr 2018April 2018	50,000 /yr
518	Studio	437 sqft	AED 395KAED 395,000 · Apr 2018April 2018	33,000 /yr
519	1-bed	514 sqft	AED 448KAED 448,000 · May 2018May 2018	29,000 /yr
520	1-bed	514 sqft	AED 458KAED 458,000 · Jun 2020June 2020	29,000 /yr
521	Studio	360 sqft	AED 376KAED 376,320 · May 2018May 2018	38,000 /yr
522	Studio	360 sqft	AED 237KAED 237,000 · Mar 2021March 2021	31,914 /yr

1–7 of 21

505, MAG 505 in numbers

Sold once: by MAG on 30 September 2018 for AED 555,000, or AED 831 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 30 September 2018.

Questions about 505, MAG 505

What did unit 505 last sell for?

AED 555,000 on 30 September 2018, sold by the developer: AED 831 per sqft for 668 sqft. It is the only registered sale of the unit.

How big is unit 505?

668 sqft (62.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 505 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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, MAG 505

Starts from the last sale price (AED 555K, 30 September 2018). Switch to today's estimate once you have unlocked it.

Price: AED 555,000
Deposit, UAE resident (20%): AED 111,000
Deposit, non-resident (40%): AED 222,000
Monthly over 25 years at 3.7%: AED 2,271

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