Home
Dubai prices
About
Research
2-bed · 669 sqftMAG 520, Dubai South · 5th floor · completed 2020

505, MAG 520

Sold prices and rental history: sold once, by the developer in July 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 497K22 July 2019
Current rentAED 50K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 505

Property timeline for 505, MAG 520

What is 505 worth today?

Last sold for AED 497,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
1 Jul 2025RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
18 May 2024RentedRenewal
AED 43,000/yr12 months · AED 64 per sqft
18 May 2023RentedNew contract
AED 40,000/yr12 months · AED 60 per sqft
7 May 2022RentedRenewal
AED 34,000/yr12 months · AED 51 per sqft
7 May 2021RentedRenewal
AED 34,000/yr12 months · AED 51 per sqft
7 May 2020RentedNew contract
AED 34,000/yr12 months · AED 51 per sqft
22 Jul 2019Sold by developerOff-plan
AED 497,000AED 743 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
669 sqft
Floor
5th of 6
Parking
G-96
Developer
MAG
Completed
2020
Service charge
AED 11,800 /yr
Last sold
AED 497K · July 2019
Building
MAG 520

About 505, MAG 520

505 is a two-bedroom apartment of 669 sqft on the 5th floor of MAG 520, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 22 July 2019 for AED 497,000, or AED 743 per sqft, in line with the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 1 July 2025, is AED 50,000 a year: a gross yield of 10.1% on the 2019 price, before the service charge of about AED 11,800 a year.

Sales and rents for 505 over time

Rents
Unit 505, each contractTypical two-bed in MAG 520
40K50K2020202220242026Typical rent by year: 2020 AED 34,000; 2021 AED 34,000; 2022 AED 34,000; 2023 AED 40,000; 2024 AED 43,500; 2025 AED 50,000; 2026 AED 53,000New contract, May 2020: AED 34,000 a yearRenewal, May 2021: AED 34,000 a yearRenewal, May 2022: AED 34,000 a yearNew contract, May 2023: AED 40,000 a yearRenewal, May 2024: AED 43,000 a yearNew contract, July 2025: AED 50,000 a yearNew contract, July 2025: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 520, and where 505 sits

All 11 2-beds →

505 last sold in July 2019 at AED 743 per sqft, in line with what two-beds in MAG 520 were fetching at the time (AED 744). Over the last 12 months two-beds sold for AED 705,500, around AED 1,057 per sqft, and rent for AED 40,890 to 64,000 a year. 505's AED 50,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Jul 2026705,500
29 Apr 2025740,000
23 Dec 2020525,000
17 Mar 2020400,000
1 2-bed sale in the last 12 months

MAG 520

Building

131 apartments, studios to 2-bed over 6 floors in Dubai South, completed in 2020 by MAG. 11 sold in the last 12 months.

Typical price per sqft
AED 1,180
Typical sale
AED 570K
Typical rent
AED 42K /yr
Typical yield
7.9%
MAG 520, Dubai South: prices, sales and rents →

Other units on the 5th floor

All 131 units in MAG 520
Value
5011-bedAED 550K · Jan 2024
502StudioAED 357K · Mar 2019
503StudioAED 350K · Mar 2019
5041-bedAED 420K · Sep 2019
5061-bedAED 473K · Sep 2019
507StudioAED 357K · Jul 2019
508StudioAED 344K · Sep 2019
1–7 of 21

505, MAG 520 in numbers

  • Sold once: by MAG on 22 July 2019 for AED 497,000, or AED 743 per sqft.
  • Rented since May 2020 on 7 Ejari contracts, from AED 34,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2019 price is 10.1%, before a service charge of about AED 11,800 a year (AED 17.72 per sqft).
  • Two-beds in MAG 520 sold for AED 705,500–705,500 in the 12 months to November 2026; the building's median across all types is AED 1,180 per sqft.

Source: Dubai Land Department. Updated 1 July 2025.

Questions about 505, MAG 520

What did unit 505 last sell for?

AED 497,000 on 22 July 2019, sold by the developer: AED 743 per sqft for 669 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 50,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 50,000; the unit has been rented since May 2020.

How big is unit 505?

669 sqft (62.2 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 520 sold for AED 705,500 to 705,500 in the last 12 months, around AED 1,057 per sqft.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, MAG 520

Starts from the last sale price (AED 497K, 22 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 497,000
Deposit, UAE resident (20%)
AED 99,400
Deposit, non-resident (40%)
AED 198,800
Monthly over 25 years at 3.7%
AED 2,033

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