Studios in MAG 505
Studios in Dubai South. 3 studios sold in the last 12 months; every sale, rent and unit is below.
About the studios in MAG 505
MAG 505 has 60 studios, 45% of its 132 apartments, at 347 to 437 sqft. They are the most traded homes in the building: 3 of the 6 sales registered in the last 12 months were studios. The service charge is AED 16.40 per sqft a year.
3 studios sold in the 12 months to October 2026, at a median of AED 1,182 per sqft. The median sale was AED 485,000, from AED 420,000 to 550,000, against a median of AED 1,107 per sqft for the building as a whole. 36 contracts registered over the same 12 months rented them for AED 26,000 to 50,000 a year, a gross yield of about 8.3% before the service charge.
- Studios
- 60
- Share of building
- 45%
- Size
- 347–437 sqft
- Last sale
- 7 August 2026
- Building
- MAG 505
Average prices in MAG 505
Studios in MAG 505 sell for around AED 485,000, or AED 1,182 per sqft, 7% more per sqft than the building average. The other types: AED 645,000 for one-beds and AED 710,000 for two-beds.
Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.
Studio price history in MAG 505
Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.
Studio transactions in MAG 505
- CompletedStudio · 436 sqft 07 Aug 2026AED 19,93646 /sqft
- CompletedStudio · 410 sqft 05 Jun 2026AED 420,0001,024 /sqft
- CompletedStudio · 410 sqft 03 Dec 2025AED 550,0001,341 /sqft
- CompletedStudio · 436 sqft 15 Jan 2025AED 495,0001,133 /sqft
- CompletedStudio · 436 sqft 18 Nov 2024AED 350,000801 /sqft
- CompletedStudio · 360 sqft 07 Jun 2024AED 345,000958 /sqft
- CompletedStudio · 389 sqft 25 Mar 2024AED 360,000925 /sqft
- CompletedStudio · 409 sqft 28 Feb 2024AED 290,000708 /sqft
- CompletedStudio · 360 sqft 21 Nov 2023AED 325,000903 /sqft
- CompletedStudio · 410 sqft 20 Sep 2023AED 355,000865 /sqft
Over the last 12 months, MAG 505 has recorded 3 studio sales. Typical homes sold for around AED 485K (about AED 1,182 per sqft) with a median size of 410 sqft, from roughly AED 420K to AED 550K.
Studios in MAG 505
60 units- Unit 102Studio · 387 sqftSold AED 378K, Jun 2019
- Unit 103Studio · 365 sqftSold AED 340K, Jun 2018
- Unit 107Studio · 387 sqftSold AED 340K, Jun 2018
- Unit 108Studio · 347 sqftSold AED 220K, May 2020
- Unit 115Studio · 410 sqftSold AED 290K, Feb 2024
- Unit 116Studio · 410 sqftSold AED 420K, Jun 2026
- Unit 117Studio · 437 sqftSold AED 395K, Jun 2018
- Unit 118Studio · 437 sqftSold AED 395K, Jun 2018
- Unit 121Studio · 360 sqftSold AED 375K, Jun 2019
- Unit 122Studio · 360 sqftSold AED 345K, Jun 2024
Nearby buildings in Dubai South
All 125 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| MAG 510 | 2020 | AED 1,213 | AED 93 | 7.7% |
| MAG 565 | 2020 | AED 1,206 | AED 93 | 7.8% |
| South Living | 2020 | Few sales | ||
| MAG 515 | 2020 | AED 1,092 | AED 96 | 8.8% |
| MAG 560 | 2020 | AED 1,085 | AED 92 | 8.5% |
| MAG 520 | 2020 | AED 1,180 | AED 93 | 7.9% |
| MAG 555 | 2020 | AED 1,265 | AED 98 | 7.7% |
| MAG 525 | 2020 | AED 1,117 | AED 80 | 7.1% |
| MAG 550 | 2020 | AED 1,062 | AED 81 | 7.7% |
| MAG 530 | 2020 | AED 1,133 | AED 78 | 6.9% |
MAG 505 studios in numbers
- Across 3 DLD sales in the 12 months to October 2026, the median price in Studios in MAG 505 was AED 1,182 per sqft and the typical home sold for about AED 485K.
- Completed in 2020 by MAG; 6 floors of studios to two-beds; service charge AED 16.40 per sqft a year.
- Studios of 347 to 437 sqft sold for AED 420,000 to 550,000 between December 2025 and August 2026, a median AED 1,182 per sqft.
- A studio of 347 to 437 sqft rents for AED 26,000 to 50,000 a year on the 36 contracts registered in the last 12 months.
- Gross rental yield 8.3%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 30 October 2026.
Questions about studios in MAG 505
How much does a studio in MAG 505 cost?
3 studios sold in the 12 months to October 2026, for AED 420,000 to 550,000; the median was AED 485,000, or AED 1,182 per sqft.
How much is a studio for rent in MAG 505?
About AED 38,000 a year: that is the median of the 36 contracts for studios registered with Ejari in the 12 months to October 2026, from AED 26,000 to 50,000.
What is the rental yield in MAG 505?
About 8.3% gross for studios, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in MAG 505?
AED 16.40 per sqft a year. For a typical 347 sqft home that is about AED 5,700 a year.
Who built MAG 505 and when?
MAG; completed in 2020; 6 floors; 132 apartments.
How many studios are there in MAG 505?
60, of 347 to 437 sqft, 45% of the building's 132 apartments.
For sale with OpenOffers in Dubai South
No Dubai South property is on the board today. Follow Dubai South to hear the day one is listed, or see what is for sale across Dubai with every offer public.