1-bed · 478 sqftMAG 505, Dubai South · 5th floor · completed 2020

509, MAG 505

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 509 · DLD and Ejari recordsUpdated 29 September 2026

Last soldAED 300K6 December 2022

Current rentAED 47K /yr29 September 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 509, MAG 505

Today

What is 509 worth today?

Last sold for AED 300,000 in 2022

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29 Sep 2026

29 Sep 2026RentedRenewal

AED 46,500/yr12 months · AED 97 per sqft

29 Sep 2025

29 Sep 2025RentedRenewal

AED 37,000/yr12 months · AED 77 per sqft

28 Sep 2023

28 Sep 2023RentedRenewal

AED 24,965/yr24 months · AED 52 per sqft

6 Dec 2022

6 Dec 2022SoldReady

AED 300,000AED 627 per sqft

28 Sep 2022

28 Sep 2022RentedRenewal

AED 25,000/yr12 months · AED 52 per sqft

28 Sep 2021

28 Sep 2021RentedNew contract

AED 25,000/yr12 months · AED 52 per sqft

10 Aug 2020

10 Aug 2020RentedNew contract

AED 23,000/yr12 months · AED 48 per sqft

12 Apr 2018

12 Apr 2018Sold by developerOff-plan

AED 448,000AED 936 per sqft

Source: Dubai Land Department. Updated 29 September 2026.

Key facts

Type: 1-bed apartment
Size: 478 sqft
Floor: 5th of 6
Parking: G-97
Developer: MAG
Completed: 2020
Service charge: AED 7,800 /yr
Last sold: AED 300K · December 2022
Building: MAG 505

About 509, MAG 505

509 is a one-bedroom apartment of 478 sqft on the 5th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 6 December 2022 for AED 300,000, or AED 627 per sqft, 12% below the AED 711 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 29 September 2026, is AED 46,500 a year: a gross yield of 15.5% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for 509 over time

Sales

Unit 509, each saleTypical one-bed in MAG 505

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

Rents

Unit 509, each contractTypical one-bed in MAG 505

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 509 sits

All 60 1-beds →

1-beds in MAG 505 · last 12 months1,181 /sqft MAG 505 · all types1,107 /sqft

509 last sold in December 2022 at AED 627 per sqft, 12% below what one-beds in MAG 505 were fetching at the time (AED 711). 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. 509's AED 46,500 is in the lower half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 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
505	2-bed	668 sqft	AED 555KAED 555,000 · Sep 2018September 2018
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
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

509, MAG 505 in numbers

Sold twice: first on 12 April 2018 for AED 448,000, last on 6 December 2022 for AED 300,000 (AED 627 per sqft).
Rented since August 2020 on 6 Ejari contracts, from AED 23,000 to AED 46,500 a year.
At AED 46,500 a year the gross yield on the 2022 price is 15.5%, 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 29 September 2026.

Questions about 509, MAG 505

What did unit 509 last sell for?

AED 300,000 on 6 December 2022: AED 627 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 448,000 in April 2018.

What is the rent for unit 509?

AED 46,500 a year on the contract renewed on 29 September 2026. The previous contract, from September 2025, was AED 37,000; the unit has been rented since August 2020.

How big is unit 509?

478 sqft (44.4 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 509 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 509, MAG 505

Starts from the last sale price (AED 300K, 6 December 2022). Switch to today's estimate once you have unlocked it.

Price: AED 300,000
Deposit, UAE resident (20%): AED 60,000
Deposit, non-resident (40%): AED 120,000
Monthly over 25 years at 3.7%: AED 1,227

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