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1-bed · 638 sqftMAG 505, Dubai South · 6th floor · completed 2020

614, MAG 505

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

Unit 614 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 650K22 August 2025
Current rentAED 72K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, MAG 505

What is 614 worth today?

Last sold for AED 650,000 in 2025

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15 Dec 2025RentedNew contract
AED 72,000/yr12 months · AED 113 per sqft
22 Aug 2025SoldReady
AED 650,000AED 1,019 per sqft
12 May 2022Sold by developerReady
AED 464,780AED 728 per sqft
17 Oct 2020RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
1-bed apartment
Size
638 sqft
Floor
6th of 6
Parking
G-124
Developer
MAG
Completed
2020
Service charge
AED 10,500 /yr
Last sold
AED 650K · August 2025
Building
MAG 505

About 614, MAG 505

614 is a one-bedroom apartment of 638 sqft on the 6th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 August 2025 for AED 650,000, or AED 1,019 per sqft, in line with the AED 1,003 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 December 2025, is AED 72,000 a year: a gross yield of 11.1% on the 2025 price, before the service charge of about AED 10,500 a year.

Sales and rents for 614 over time

Sales
Unit 614, each saleTypical one-bed in MAG 505
400K600K201820212024Typical 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, May 2022: AED 464,780 (AED 728 per sqft)Sold, August 2025: AED 650,000 (AED 1,019 per sqft)

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

Rents
Unit 614, each contractTypical one-bed in MAG 505
25K50K75K2020202220242026Typical 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 2020: AED 26,000 a yearNew contract, December 2025: AED 72,000 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 614 sits

All 60 1-beds →

614 last sold in August 2025 at AED 1,019 per sqft, in line with what one-beds in MAG 505 were fetching at the time (AED 1,003). 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. 614's AED 72,000 is at the top 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
6061-bedAED 448K · Jun 2018
607StudioAED 385K · May 2018
1–7 of 21

614, MAG 505 in numbers

  • Sold twice: first on 12 May 2022 for AED 464,780, last on 22 August 2025 for AED 650,000 (AED 1,019 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 26,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 11.1%, before a service charge of about AED 10,500 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 December 2025.

Questions about 614, MAG 505

What did unit 614 last sell for?

AED 650,000 on 22 August 2025: AED 1,019 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 464,780 in May 2022.

What is the rent for unit 614?

AED 72,000 a year on the contract signed on 15 December 2025. The previous contract, from October 2020, was AED 26,000.

How big is unit 614?

638 sqft (59.3 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 614 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 614, MAG 505

Starts from the last sale price (AED 650K, 22 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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