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1-bed · 514 sqftMAG 505, Dubai South · 6th floor · completed 2020

620, MAG 505

Sold prices and rental history: sold once, by the developer in April 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 620 · DLD and Ejari recordsUpdated 26 April 2018
Last soldAED 458K26 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 620, MAG 505

What is 620 worth today?

Last sold for AED 458,000 in 2018

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26 Apr 2018Sold by developerOff-plan
AED 458,000AED 891 per sqft

Source: Dubai Land Department. Updated 26 April 2018.

Key facts

Type
1-bed apartment
Size
514 sqft
Floor
6th of 6
Parking
G-130
Developer
MAG
Completed
2020
Service charge
AED 8,400 /yr
Last sold
AED 458K · April 2018
Building
MAG 505

About 620, MAG 505

620 is a one-bedroom apartment of 514 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 26 April 2018 for AED 458,000, or AED 891 per sqft, 3% below the AED 921 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 620 over time

Sales
Unit 620, 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, April 2018: AED 458,000 (AED 891 per sqft)

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

Rents
Unit 620, 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 45,000

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 620 sits

All 60 1-beds →

620 last sold in April 2018 at AED 891 per sqft, 3% below what one-beds in MAG 505 were fetching at the time (AED 921). 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.

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

620, MAG 505 in numbers

  • Sold once: by MAG on 26 April 2018 for AED 458,000, or AED 891 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 26 April 2018.

Questions about 620, MAG 505

What did unit 620 last sell for?

AED 458,000 on 26 April 2018, sold by the developer: AED 891 per sqft for 514 sqft. It is the only registered sale of the unit.

How big is unit 620?

514 sqft (47.8 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 620 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 620, MAG 505

Starts from the last sale price (AED 458K, 26 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 458,000
Deposit, UAE resident (20%)
AED 91,600
Deposit, non-resident (40%)
AED 183,200
Monthly over 25 years at 3.7%
AED 1,874

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