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1-bed · 623 sqftMAG 505, Dubai South · 5th floor · completed 2020

513, MAG 505

Sold prices and rental history: sold once, by the developer in July 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 22 February 2026
Last soldAED 468K3 July 2018
Current rentAED 45K /yr22 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 513, MAG 505

What is 513 worth today?

Last sold for AED 468,000 in 2018

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22 Feb 2026RentedNew contract
AED 45,000/yr12 months · AED 72 per sqft
22 Feb 2025RentedRenewal
AED 43,000/yr12 months · AED 69 per sqft
22 Feb 2025RentedRenewal
AED 43,000/yr12 months · AED 69 per sqft
22 Feb 2024RentedNew contract
AED 41,000/yr12 months · AED 66 per sqft
10 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 51 per sqft
1 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 45 per sqft
27 Aug 2020RentedNew contract
AED 26,000/yr12 months · AED 42 per sqft
3 Jul 2018Sold by developerOff-plan
AED 468,000AED 750 per sqft

Source: Dubai Land Department. Updated 22 February 2026.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
5th of 6
Parking
G-101
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 468K · July 2018
Building
MAG 505

About 513, MAG 505

513 is a one-bedroom apartment of 623 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 3 July 2018 for AED 468,000, or AED 750 per sqft, 16% below the AED 896 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 22 February 2026, is AED 45,000 a year: a gross yield of 9.6% on the 2018 price, before the service charge of about AED 10,200 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, July 2018: AED 468,000 (AED 750 per sqft)

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

Rents
Unit 513, 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 26,000 a yearNew contract, October 2021: AED 28,000 a yearNew contract, October 2022: AED 32,000 a yearNew contract, February 2024: AED 41,000 a yearRenewal, February 2025: AED 43,000 a yearRenewal, February 2025: AED 43,000 a yearNew contract, February 2026: AED 45,000 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 513 sits

All 60 1-beds →

513 last sold in July 2018 at AED 750 per sqft, 16% below what one-beds in MAG 505 were fetching at the time (AED 896). 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. 513's AED 45,000 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 5th floor

All 132 units in MAG 505
Value
5011-bedAED 530K · Jul 2018
502StudioAED 360K · Mar 2024
503StudioAED 300K · Aug 2023
5041-bedAED 442K · May 2019
5052-bedAED 555K · Sep 2018
5061-bedAED 550K · Jul 2025
507StudioAED 391K · Mar 2018
1–7 of 21

513, MAG 505 in numbers

  • Sold once: by MAG on 3 July 2018 for AED 468,000, or AED 750 per sqft.
  • Rented since August 2020 on 7 Ejari contracts, from AED 26,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2018 price is 9.6%, 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 22 February 2026.

Questions about 513, MAG 505

What did unit 513 last sell for?

AED 468,000 on 3 July 2018, sold by the developer: AED 750 per sqft for 623 sqft. It is the only registered sale of the unit.

What is the rent for unit 513?

AED 45,000 a year on the contract signed on 22 February 2026. The previous contract, from February 2025, was AED 43,000; the unit has been rented since August 2020.

How big is unit 513?

623 sqft (57.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 513 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 513, MAG 505

Starts from the last sale price (AED 468K, 3 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 468,000
Deposit, UAE resident (20%)
AED 93,600
Deposit, non-resident (40%)
AED 187,200
Monthly over 25 years at 3.7%
AED 1,915

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