505, MAG 510
Sold prices and rental history: sold 3 times, last in March 2024, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, MAG 510
What is 505 worth today?
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Source: Dubai Land Department. Updated 20 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 668 sqft
- Floor
- 5th of 6
- Parking
- G-93
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 12,200 /yr
- Last sold
- AED 630K · March 2024
- Building
- MAG 510
About 505, MAG 510
505 is a two-bedroom apartment of 668 sqft on the 5th floor of MAG 510, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 March 2024 for AED 630,000, or AED 942 per sqft.
One Ejari contract is registered, from 13 April 2023. The current contract, signed on 13 April 2023, is AED 45,000 a year: a gross yield of 7.1% on the 2024 price, before the service charge of about AED 12,200 a year.
Sales and rents for 505 over time
505 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in MAG 510, and where 505 sits
All 12 2-beds →Over the last 12 months two-beds sold for AED 725,000, around AED 1,087 per sqft, and rent for AED 52,000 to 58,000 a year. 505's AED 45,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Sep 202610 September 2026 | 667 sqft | 725,000 | 1,087 | ||
| 23 May 202523 May 2025 | 668 sqft | 660,000 | 987 | ||
| 2 Oct 20242 October 2024 | 667 sqft | 600,000 | 899 | ||
| 28 Dec 202128 December 2021 | 668 sqft | 396,000 | 592 |
MAG 510
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 1,213
- Typical sale
- AED 528K
- Typical rent
- AED 44K /yr
- Typical yield
- 7.7%
Other units on the 5th floor
All 132 units in MAG 510| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 629 sqft | AED 550KAED 550,000 · Aug 2024August 2024 | 50,000 /yr | |
| 502 | Studio | 389 sqft | AED 386KAED 386,000 · Sep 2018September 2018 | 34,000 /yr | |
| 503 | Studio | 365 sqft | AED 384KAED 383,500 · Oct 2017October 2017 | 18,975 /yr | |
| 504 | 1-bed | 478 sqft | AED 470KAED 470,000 · May 2018May 2018 | 50,000 /yr | |
| 506 | 1-bed | 483 sqft | AED 570KAED 570,000 · Dec 2025December 2025 | 50,000 /yr | |
| 507 | Studio | 389 sqft | AED 386KAED 386,000 · Sep 2018September 2018 | ||
| 508 | Studio | 349 sqft | AED 365KAED 364,500 · Feb 2019February 2019 | 35,000 /yr | |
| 509 | 1-bed | 478 sqft | AED 490KAED 490,000 · Jan 2025January 2025 | 35,000 /yr | |
| 510 | 2-bed | 667 sqft | AED 638KAED 638,417 · Mar 2018March 2018 | 54,600 /yr | |
| 511 | 1-bed | 483 sqft | AED 435KAED 435,000 · Nov 2017November 2017 | 43,000 /yr | |
| 512 | 1-bed | 657 sqft | AED 400KAED 400,000 · Jun 2023June 2023 | 58,000 /yr | |
| 513 | 1-bed | 623 sqft | AED 575KAED 575,000 · Oct 2024October 2024 | 55,000 /yr | |
| 514 | 1-bed | 638 sqft | AED 535KAED 535,345 · Apr 2019April 2019 | 44,100 /yr | |
| 515 | Studio | 410 sqft | AED 425KAED 425,000 · Nov 2017November 2017 | 41,000 /yr | |
| 516 | Studio | 410 sqft | AED 460KAED 460,000 · Sep 2025September 2025 | 31,500 /yr | |
| 517 | Studio | 437 sqft | AED 396KAED 396,000 · Sep 2018September 2018 | 25,000 /yr | |
| 518 | Studio | 437 sqft | AED 325KAED 325,000 · May 2023May 2023 | 22,000 /yr | |
| 519 | 1-bed | 514 sqft | AED 448KAED 448,000 · Apr 2019April 2019 | 55,000 /yr | |
| 520 | 1-bed | 514 sqft | AED 645KAED 645,000 · Sep 2025September 2025 | 53,000 /yr | |
| 521 | Studio | 360 sqft | AED 295KAED 295,000 · Apr 2023April 2023 | 31,500 /yr | |
| 522 | Studio | 360 sqft | AED 300KAED 300,000 · Aug 2020August 2020 | 30,000 /yr |
505, MAG 510 in numbers
- Sold 3 times: first on 31 May 2018 for AED 556,324, last on 20 March 2024 for AED 630,000 (AED 942 per sqft).
- Rented since April 2023 on one Ejari contract, at AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2024 price is 7.1%, before a service charge of about AED 12,200 a year (AED 18.21 per sqft).
- Two-beds in MAG 510 sold for AED 725,000–725,000 in the 12 months to November 2026; the building's median across all types is AED 1,213 per sqft.
Source: Dubai Land Department. Updated 20 March 2024.
Questions about 505, MAG 510
What did unit 505 last sell for?
AED 630,000 on 20 March 2024: AED 942 per sqft for 668 sqft. The unit has 3 registered sales; the first was AED 556,324 in May 2018.
What is the rent for unit 505?
AED 45,000 a year on the contract signed on 13 April 2023.
How big is unit 505?
668 sqft (62.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2020.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 510 sold for AED 725,000 to 725,000 in the last 12 months, around AED 1,087 per sqft.
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Mortgage on 505, MAG 510
Starts from the last sale price (AED 630K, 20 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 630,000
- Deposit, UAE resident (20%)
- AED 126,000
- Deposit, non-resident (40%)
- AED 252,000
- Monthly over 25 years at 3.7%
- AED 2,578
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →