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1-bed · 483 sqftMAG 505, Dubai South · 6th floor · completed 2020

606, MAG 505

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 25 May 2026
Last soldAED 448K5 June 2018
Current rentAED 42K /yr25 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 606, MAG 505

What is 606 worth today?

Last sold for AED 448,000 in 2018

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25 May 2026RentedRenewal
AED 42,000/yr12 months · AED 87 per sqft
25 May 2025RentedRenewal
AED 42,000/yr12 months · AED 87 per sqft
25 May 2024RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
21 Feb 2022RentedNew contract
AED 24,000/yr12 months · AED 50 per sqft
30 Oct 2021RentedNew contract
AED 23,000/yr12 months · AED 47 per sqft
5 Jun 2018Sold by developerOff-plan
AED 448,000AED 927 per sqft

Source: Dubai Land Department. Updated 25 May 2026.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
6th of 6
Parking
G-44
Developer
MAG
Completed
2020
Service charge
AED 7,900 /yr
Last sold
AED 448K · June 2018
Building
MAG 505

About 606, MAG 505

606 is a one-bedroom apartment of 483 sqft on the 6th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 5 June 2018 for AED 448,000, or AED 927 per sqft, in line with the AED 918 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 25 May 2026, is AED 42,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 7,900 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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 2018: AED 448,000 (AED 927 per sqft)

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

Rents
Unit 606, 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, October 2021: AED 23,000 a yearNew contract, February 2022: AED 24,000 a yearNew contract, May 2024: AED 40,000 a yearRenewal, May 2025: AED 42,000 a yearRenewal, May 2026: AED 42,000 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 606 sits

All 60 1-beds →

606 last sold in June 2018 at AED 927 per sqft, in line with what one-beds in MAG 505 were fetching at the time (AED 918). 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. 606's AED 42,000 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 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
6052-bedAED 700K · Jan 2025
607StudioAED 385K · May 2018
608StudioAED 385K · Aug 2021
1–7 of 21

606, MAG 505 in numbers

  • Sold once: by MAG on 5 June 2018 for AED 448,000, or AED 927 per sqft.
  • Rented since October 2021 on 5 Ejari contracts, from AED 23,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 7,900 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 25 May 2026.

Questions about 606, MAG 505

What did unit 606 last sell for?

AED 448,000 on 5 June 2018, sold by the developer: AED 927 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 606?

AED 42,000 a year on the contract renewed on 25 May 2026. The previous contract, from May 2025, was AED 42,000; the unit has been rented since October 2021.

How big is unit 606?

483 sqft (44.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 606 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 606, MAG 505

Starts from the last sale price (AED 448K, 5 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 448,000
Deposit, UAE resident (20%)
AED 89,600
Deposit, non-resident (40%)
AED 179,200
Monthly over 25 years at 3.7%
AED 1,833

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