609, MAG 505
Sold prices and rental history: sold once, by the developer in April 2018, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 609, MAG 505
What is 609 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 478 sqft
- Floor
- 6th of 6
- Parking
- G-119
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,800 /yr
- Last sold
- AED 446K · April 2018
- Building
- MAG 505
About 609, MAG 505
609 is a one-bedroom apartment of 478 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 9 April 2018 for AED 446,000, or AED 932 per sqft, in line with the AED 923 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 April 2024. The current contract, signed on 15 April 2024, is AED 40,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 7,800 a year.
Sales and rents for 609 over time
609 has sold once; the dashed line is the one-bed median of each year in the building.
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 609 sits
All 60 1-beds →609 last sold in April 2018 at AED 932 per sqft, in line with what one-beds in MAG 505 were fetching at the time (AED 923). 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. 609's AED 40,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jul 202616 July 2026 | 623 sqft | 690,000 | 1,107 | ||
| 20 Jan 202620 January 2026 | 478 sqft | 600,000 | 1,254 | ||
| 22 Oct 202522 October 2025 | 514 sqft | 570,000 | 1,109 | ||
| 30 Sep 202530 September 2025 | 638 sqft | 714,000 | 1,119 |
MAG 505
Building132 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%
Other units on the 6th floor
All 132 units in MAG 505| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 629 sqft | AED 475KAED 475,000 · Jul 2019July 2019 | 54,000 /yr | |
| 602 | Studio | 389 sqft | AED 330KAED 330,000 · May 2019May 2019 | 40,000 /yr | |
| 603 | Studio | 365 sqft | AED 390KAED 390,000 · Mar 2018March 2018 | 31,000 /yr | |
| 604 | 1-bed | 478 sqft | AED 448KAED 448,000 · Apr 2018April 2018 | 52,000 /yr | |
| 605 | 2-bed | 668 sqft | AED 700KAED 700,000 · Jan 2025January 2025 | 64,000 /yr | |
| 606 | 1-bed | 483 sqft | AED 448KAED 448,000 · Jun 2018June 2018 | 42,000 /yr | |
| 607 | Studio | 389 sqft | AED 385KAED 385,000 · May 2018May 2018 | 40,000 /yr | |
| 608 | Studio | 349 sqft | AED 385KAED 385,000 · Aug 2021August 2021 | 34,000 /yr | |
| 610 | 2-bed | 666 sqft | AED 563KAED 563,000 · Mar 2019March 2019 | 55,000 /yr | |
| 611 | 1-bed | 483 sqft | AED 445KAED 445,000 · May 2018May 2018 | 31,500 /yr | |
| 612 | 1-bed | 657 sqft | AED 479KAED 478,880 · Sep 2022September 2022 | 60,000 /yr | |
| 613 | 1-bed | 623 sqft | AED 690KAED 690,000 · Jul 2026July 2026 | 35,000 /yr | |
| 614 | 1-bed | 638 sqft | AED 650KAED 650,000 · Aug 2025August 2025 | 72,000 /yr | |
| 615 | Studio | 410 sqft | AED 380KAED 380,000 · Apr 2018April 2018 | 42,000 /yr | |
| 616 | Studio | 410 sqft | AED 550KAED 550,000 · Dec 2025December 2025 | 42,872 /yr | |
| 617 | Studio | 437 sqft | AED 350KAED 350,000 · Nov 2024November 2024 | 22,000 /yr | |
| 618 | Studio | 437 sqft | AED 416KAED 416,218 · Mar 2018March 2018 | ||
| 619 | 1-bed | 514 sqft | AED 350KAED 350,000 · Nov 2023November 2023 | 58,000 /yr | |
| 620 | 1-bed | 514 sqft | AED 458KAED 458,000 · Apr 2018April 2018 | ||
| 621 | Studio | 360 sqft | AED 385KAED 385,000 · Jul 2019July 2019 | 37,000 /yr | |
| 622 | Studio | 360 sqft | AED 395KAED 395,000 · May 2018May 2018 | 31,000 /yr |
609, MAG 505 in numbers
- Sold once: by MAG on 9 April 2018 for AED 446,000, or AED 932 per sqft.
- Rented since April 2024 on one Ejari contract, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 7,800 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 April 2024.
Questions about 609, MAG 505
What did unit 609 last sell for?
AED 446,000 on 9 April 2018, sold by the developer: AED 932 per sqft for 478 sqft. It is the only registered sale of the unit.
What is the rent for unit 609?
AED 40,000 a year on the contract signed on 15 April 2024.
How big is unit 609?
478 sqft (44.4 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.
What is unit 609 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 609, MAG 505
Starts from the last sale price (AED 446K, 9 April 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 446,000
- Deposit, UAE resident (20%)
- AED 89,200
- Deposit, non-resident (40%)
- AED 178,400
- Monthly over 25 years at 3.7%
- AED 1,825
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →