616, MAG 505
Sold prices and rental history: sold 3 times, last in December 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 616, MAG 505
What is 616 worth today?
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Source: Dubai Land Department. Updated 1 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 410 sqft
- Floor
- 6th of 6
- Parking
- G-126
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 6,700 /yr
- Last sold
- AED 550K · December 2025
- Building
- MAG 505
About 616, MAG 505
616 is a studio of 410 sqft on the 6th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 3 December 2025 for AED 550,000, or AED 1,340 per sqft.
One Ejari contract is registered, from 1 February 2026. The current contract, signed on 1 February 2026, is AED 42,872 a year: a gross yield of 7.8% on the 2025 price, before the service charge of about AED 6,700 a year.
Sales and rents for 616 over time
616 has sold 3 times; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 505, and where 616 sits
All 60 studios →Over the last 12 months studios sold for AED 420,000 to 550,000, around AED 1,182 per sqft, and rent for AED 26,000 to 50,000 a year. 616's AED 42,872 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Aug 20267 August 2026 | 437 sqft | 19,936 | 45 | ||
| 5 Jun 20265 June 2026 | 410 sqft | 420,000 | 1,023 | ||
| 15 Jan 202515 January 2025 | 437 sqft | 495,000 | 1,132 | ||
| 18 Nov 202418 November 2024 | 437 sqft | 350,000 | 801 |
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 | |
| 609 | 1-bed | 478 sqft | AED 446KAED 446,000 · Apr 2018April 2018 | 40,000 /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 | |
| 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 |
616, MAG 505 in numbers
- Sold 3 times: first on 25 April 2018 for AED 392,000, last on 3 December 2025 for AED 550,000 (AED 1,340 per sqft).
- Rented since February 2026 on one Ejari contract, at AED 42,872 a year.
- At AED 42,872 a year the gross yield on the 2025 price is 7.8%, before a service charge of about AED 6,700 a year (AED 16.40 per sqft).
- Studios in MAG 505 sold for AED 420,000–550,000 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 February 2026.
Questions about 616, MAG 505
What did unit 616 last sell for?
AED 550,000 on 3 December 2025: AED 1,340 per sqft for 410 sqft. The unit has 3 registered sales; the first was AED 392,000 in April 2018.
What is the rent for unit 616?
AED 42,872 a year on the contract signed on 1 February 2026.
How big is unit 616?
410 sqft (38.1 sqm): a studio on the 6th floor of a 6-storey tower completed in 2020.
What is unit 616 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 505 sold for AED 420,000 to 550,000 in the last 12 months, around AED 1,182 per sqft.
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Mortgage on 616, MAG 505
Starts from the last sale price (AED 550K, 3 December 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →