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2-bed · 666 sqftMAG 505, Dubai South · 6th floor · completed 2020

610, MAG 505

Sold prices and rental history: sold once, by the developer in March 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 610 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 563K18 March 2019
Current rentAED 55K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 610, MAG 505

What is 610 worth today?

Last sold for AED 563,000 in 2019

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1 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 Apr 2025RentedNew contract
AED 55,000/yr12 months · AED 82 per sqft
1 Feb 2024RentedNew contract
AED 43,000/yr12 months · AED 65 per sqft
20 Jan 2022RentedNew contract
AED 32,000/yr12 months · AED 48 per sqft
18 Mar 2019Sold by developerOff-plan
AED 563,000AED 844 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
6th of 6
Parking
G-120
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 563K · March 2019
Building
MAG 505

About 610, MAG 505

610 is a two-bedroom apartment of 666 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 18 March 2019 for AED 563,000, or AED 844 per sqft, in line with the AED 831 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 April 2025, is AED 55,000 a year: a gross yield of 9.8% on the 2019 price, before the service charge of about AED 10,900 a year.

Sales and rents for 610 over time

Sales
Unit 610, each saleTypical two-bed in MAG 505
500K550K201820192020Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, March 2019: AED 563,000 (AED 844 per sqft)

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

Rents
Unit 610, each contractTypical two-bed in MAG 505
40K60K2021202320252027Typical 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, January 2022: AED 32,000 a yearNew contract, February 2024: AED 43,000 a yearNew contract, April 2025: AED 55,000 a yearNew contract, April 2025: AED 55,000 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 610 sits

All 12 2-beds →

610 last sold in March 2019 at AED 844 per sqft, in line with what two-beds in MAG 505 were fetching at the time (AED 831). 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. 610's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
30 Mar 2026710,000
20 Oct 2025770,000
31 Jan 2025700,000
29 Aug 2024630,000
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
6052-bedAED 700K · Jan 2025
6061-bedAED 448K · Jun 2018
607StudioAED 385K · May 2018
1–7 of 21

610, MAG 505 in numbers

  • Sold once: by MAG on 18 March 2019 for AED 563,000, or AED 844 per sqft.
  • Rented since January 2022 on 4 Ejari contracts, from AED 32,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2019 price is 9.8%, before a service charge of about AED 10,900 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 April 2025.

Questions about 610, MAG 505

What did unit 610 last sell for?

AED 563,000 on 18 March 2019, sold by the developer: AED 844 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 610?

AED 55,000 a year on the contract signed on 1 April 2025. The previous contract, from April 2025, was AED 55,000; the unit has been rented since January 2022.

How big is unit 610?

666 sqft (61.9 sqm): a two-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 610 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 610, MAG 505

Starts from the last sale price (AED 563K, 18 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 563,000
Deposit, UAE resident (20%)
AED 112,600
Deposit, non-resident (40%)
AED 225,200
Monthly over 25 years at 3.7%
AED 2,303

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