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2-bed · 668 sqftMAG 505, Dubai South · 6th floor · completed 2020

605, MAG 505

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 700K31 January 2025
Current rentAED 64K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 605, MAG 505

What is 605 worth today?

Last sold for AED 700,000 in 2025

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1 Jul 2026RentedNew contract
AED 64,000/yr12 months · AED 96 per sqft
26 Jun 2025RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
26 Jun 2025RentedNew contract
AED 65,000/yr12 months · AED 97 per sqft
31 Jan 2025SoldReady
AED 700,000AED 1,048 per sqft
11 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
5 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 57 per sqft
1 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
5 Dec 2020RentedNew contract
AED 26,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
2-bed apartment
Size
668 sqft
Floor
6th of 6
Parking
G-115
Developer
MAG
Completed
2020
Service charge
AED 11,000 /yr
Last sold
AED 700K · January 2025
Building
MAG 505

About 605, MAG 505

605 is a two-bedroom apartment of 668 sqft on the 6th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 31 January 2025 for AED 700,000, or AED 1,048 per sqft.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 July 2026, is AED 64,000 a year: a gross yield of 9.1% on the 2025 price, before the service charge of about AED 11,000 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in MAG 505
500K600K700K2018202020222024Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, May 2019: AED 497,000 (AED 744 per sqft)Sold, January 2025: AED 700,000 (AED 1,048 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in MAG 505
20K40K60K2020202220242026Typical rent by year: 2021 AED 28,000; 2022 AED 32,000; 2023 AED 37,750; 2024 AED 43,000; 2025 AED 59,500; 2026 AED 60,000New contract, December 2020: AED 26,000 a yearNew contract, August 2021: AED 30,000 a yearNew contract, December 2022: AED 38,000 a yearNew contract, June 2023: AED 40,000 a yearNew contract, June 2025: AED 65,000 a yearNew contract, June 2025: AED 65,000 a yearNew contract, July 2026: AED 64,000 a year

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 605 sits

All 12 2-beds →

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. 605's AED 64,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Mar 2026710,000
20 Oct 2025770,000
29 Aug 2024630,000
12 Apr 2023460,000
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 6th floor

All 132 units in MAG 505
Value
6011-bedAED 475K · Jul 2019
602StudioAED 330K · May 2019
603StudioAED 390K · Mar 2018
6041-bedAED 448K · Apr 2018
6061-bedAED 448K · Jun 2018
607StudioAED 385K · May 2018
608StudioAED 385K · Aug 2021
1–7 of 21

605, MAG 505 in numbers

  • Sold twice: first on 13 May 2019 for AED 497,000, last on 31 January 2025 for AED 700,000 (AED 1,048 per sqft).
  • Rented since December 2020 on 7 Ejari contracts, from AED 26,000 to AED 64,000 a year.
  • At AED 64,000 a year the gross yield on the 2025 price is 9.1%, before a service charge of about AED 11,000 a year (AED 16.40 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 1 July 2026.

Questions about 605, MAG 505

What did unit 605 last sell for?

AED 700,000 on 31 January 2025: AED 1,048 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 497,000 in May 2019.

What is the rent for unit 605?

AED 64,000 a year on the contract signed on 1 July 2026. The previous contract, from June 2025, was AED 65,000; the unit has been rented since December 2020.

How big is unit 605?

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

What is unit 605 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.

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Mortgage on 605, MAG 505

Starts from the last sale price (AED 700K, 31 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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