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Studio · 360 sqftMAG 505, Dubai South · 5th floor · completed 2020

522, MAG 505

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 522 · DLD and Ejari recordsUpdated 3 August 2026
Last soldAED 237K3 March 2021
Current rentAED 32K /yr3 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 522, MAG 505

What is 522 worth today?

Last sold for AED 237,000 in 2021

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3 Aug 2026RentedRenewal
AED 31,914/yr12 months · AED 90 per sqft
4 Aug 2025RentedRenewal
AED 32,000/yr12 months · AED 90 per sqft
4 Aug 2024RentedNew contract
AED 32,000/yr12 months · AED 90 per sqft
23 Jun 2023RentedNew contract
AED 28,000/yr12 months · AED 79 per sqft
1 Jan 2023RentedNew contract
AED 27,500/yr12 months · AED 77 per sqft
26 Nov 2021RentedNew contract
AED 25,000/yr12 months · AED 70 per sqft
3 Mar 2021SoldReady
AED 237,000AED 658 per sqft
20 May 2018Sold by developerOff-plan
AED 353,000AED 980 per sqft

Source: Dubai Land Department. Updated 3 August 2026.

Key facts

Type
Studio apartment
Size
360 sqft
Floor
5th of 6
Parking
G-110
Developer
MAG
Completed
2020
Service charge
AED 5,900 /yr
Last sold
AED 237K · March 2021
Building
MAG 505

About 522, MAG 505

522 is a studio of 360 sqft on the 5th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 March 2021 for AED 237,000, or AED 658 per sqft, in line with the AED 658 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 3 August 2026, is AED 31,914 a year: a gross yield of 13.5% on the 2021 price, before the service charge of about AED 5,900 a year.

Sales and rents for 522 over time

Sales
Unit 522, each saleTypical studio in MAG 505
300K400K2018202020222024Typical sale price by year: 2018 AED 388,474; 2019 AED 378,280; 2020 AED 375,000; 2021 AED 252,350; 2023 AED 312,500; 2024 AED 347,500Sold by developer, May 2018: AED 353,000 (AED 980 per sqft)Sold, March 2021: AED 237,000 (AED 658 per sqft)

522 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 522, each contractTypical studio in MAG 505
20K30K40K2020202220242026Typical rent by year: 2020 AED 18,000; 2021 AED 18,000; 2022 AED 20,000; 2023 AED 24,000; 2024 AED 32,000; 2025 AED 37,000; 2026 AED 38,000New contract, November 2021: AED 25,000 a yearNew contract, January 2023: AED 27,500 a yearNew contract, June 2023: AED 28,000 a yearNew contract, August 2024: AED 32,000 a yearRenewal, August 2025: AED 32,000 a yearRenewal, August 2026: AED 31,914 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in MAG 505, and where 522 sits

All 60 studios →

522 last sold in March 2021 at AED 658 per sqft, in line with what studios in MAG 505 were fetching at the time (AED 658). Over the last 12 months studios sold for AED 420,000 to 550,000, around AED 1,182 per sqft, and rent for AED 26,000 to 50,000 a year. 522's AED 31,914 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Aug 202619,936
5 Jun 2026420,000
3 Dec 2025550,000
15 Jan 2025495,000
3 studio 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

522, MAG 505 in numbers

  • Sold twice: first on 20 May 2018 for AED 353,000, last on 3 March 2021 for AED 237,000 (AED 658 per sqft).
  • Rented since November 2021 on 6 Ejari contracts, from AED 25,000 to AED 31,914 a year.
  • At AED 31,914 a year the gross yield on the 2021 price is 13.5%, before a service charge of about AED 5,900 a year (AED 16.40 per sqft).
  • Studios in MAG 505 sold for AED 420,000–550,000 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 3 August 2026.

Questions about 522, MAG 505

What did unit 522 last sell for?

AED 237,000 on 3 March 2021: AED 658 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 353,000 in May 2018.

What is the rent for unit 522?

AED 31,914 a year on the contract renewed on 3 August 2026. The previous contract, from August 2025, was AED 32,000; the unit has been rented since November 2021.

How big is unit 522?

360 sqft (33.4 sqm): a studio on the 5th floor of a 6-storey tower completed in 2020.

What is unit 522 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 505 sold for AED 420,000 to 550,000 in the last 12 months, around AED 1,182 per sqft.

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Mortgage on 522, MAG 505

Starts from the last sale price (AED 237K, 3 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 237,000
Deposit, UAE resident (20%)
AED 47,400
Deposit, non-resident (40%)
AED 94,800
Monthly over 25 years at 3.7%
AED 970

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