Home
Dubai prices
About
Blog
1-bed · 514 sqftMAG 505, Dubai South · 5th floor · completed 2020

520, MAG 505

Sold prices and rental history: sold once, by the developer in June 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 520 · DLD and Ejari recordsUpdated 15 March 2023
Last soldAED 458K2 June 2020
Current rentAED 29K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 520

Property timeline for 520, MAG 505

What is 520 worth today?

Last sold for AED 458,000 in 2020

Unlock today's estimate, updated daily, with

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

15 Mar 2023RentedNew contract
AED 29,000/yr12 months · AED 56 per sqft
1 Mar 2021RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
2 Jun 2020Sold by developerOff-plan
AED 458,000AED 891 per sqft

Source: Dubai Land Department. Updated 15 March 2023.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
5th of 6
Parking
G-108
Developer
MAG
Completed
2020
Service charge
AED 8,400 /yr
Last sold
AED 458K · June 2020
Building
MAG 505

About 520, MAG 505

520 is a one-bedroom apartment of 514 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 2 June 2020 for AED 458,000, or AED 891 per sqft, 15% above the AED 774 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 March 2023, is AED 29,000 a year: a gross yield of 6.3% on the 2020 price, before the service charge of about AED 8,400 a year.

Sales and rents for 520 over time

Sales
Unit 520, 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, June 2020: AED 458,000 (AED 891 per sqft)

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

Rents
Unit 520, each contractTypical one-bed in MAG 505
20K40K2020202220242026Typical 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, March 2021: AED 22,000 a yearNew contract, March 2023: AED 29,000 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 520 sits

All 60 1-beds →

520 last sold in June 2020 at AED 891 per sqft, 15% above what one-beds in MAG 505 were fetching at the time (AED 774). 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. 520's AED 29,000 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

520, MAG 505 in numbers

  • Sold once: by MAG on 2 June 2020 for AED 458,000, or AED 891 per sqft.
  • Rented since March 2021 on 2 Ejari contracts, from AED 22,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2020 price is 6.3%, before a service charge of about AED 8,400 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 15 March 2023.

Questions about 520, MAG 505

What did unit 520 last sell for?

AED 458,000 on 2 June 2020, sold by the developer: AED 891 per sqft for 514 sqft. It is the only registered sale of the unit.

What is the rent for unit 520?

AED 29,000 a year on the contract signed on 15 March 2023. The previous contract, from March 2021, was AED 22,000.

How big is unit 520?

514 sqft (47.8 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.

What is unit 520 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.

Selling 520? 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 520, MAG 505

Starts from the last sale price (AED 458K, 2 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 458,000
Deposit, UAE resident (20%)
AED 91,600
Deposit, non-resident (40%)
AED 183,200
Monthly over 25 years at 3.7%
AED 1,874

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