505, MAG 545
Sold prices and rental history: no registered sale, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, MAG 545
What is 505 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 18 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,008 sqft
- Floor
- 5th of 6
- Parking
- G-63
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 14,300 /yr
- Last sold
- No registered sale
- Building
- MAG 545
About 505, MAG 545
505 is a two-bedroom apartment of 1,008 sqft on the 5th floor of MAG 545, a 6-storey tower in Dubai South completed in 2020 by MAG. No sale of the unit is registered with the Dubai Land Department.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 18 June 2024, is AED 75,000 a year, before the service charge of about AED 14,300 a year.
Sales and rents for 505 over time
No registered sale of 505; 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 545, and where 505 sits
All 24 2-beds →Over the last 12 months two-beds sold for AED 1,050,000, around AED 1,087 per sqft, and rent for AED 70,000 to 78,000 a year. 505's AED 75,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Jun 202622 June 2026 | 966 sqft | 1,050,000 | 1,087 | ||
| 7 Aug 20257 August 2025 | 1,041 sqft | 1,080,000 | 1,037 | ||
| 13 Jun 202513 June 2025 | 966 sqft | 999,000 | 1,034 | ||
| 4 Jun 20254 June 2025 | 966 sqft | 999,000 | 1,034 |
MAG 545
Building86 apartments, studios to 3-bed over 6 floors in Dubai South, completed in 2020 by MAG. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,059
- Typical sale
- AED 675K
- Typical rent
- AED 51K /yr
- Typical yield
- 7.4%
Other units on the 5th floor
All 86 units in MAG 545| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,041 sqft | AED 781KAED 781,049 · May 2018May 2018 | ||
| 502 | 1-bed | 667 sqft | AED 526KAED 525,555 · Jul 2016July 2016 | 53,000 /yr | |
| 503 | Studio | 473 sqft | AED 391KAED 390,555 · Nov 2016November 2016 | 40,000 /yr | |
| 504 | 1-bed | 638 sqft | AED 546KAED 545,555 · Jul 2016July 2016 | 55,000 /yr | |
| 506 | 1-bed | 667 sqft | AED 526KAED 525,555 · Aug 2016August 2016 | 55,000 /yr | |
| 507 | Studio | 473 sqft | AED 400KAED 400,000 · Oct 2024October 2024 | 27,000 /yr | |
| 508 | 1-bed | 638 sqft | AED 405KAED 404,513 · May 2024May 2024 | 60,000 /yr | |
| 509 | 1-bed | 639 sqft | AED 635KAED 635,000 · Nov 2025November 2025 | 48,000 /yr | |
| 510 | 1-bed | 638 sqft | AED 670KAED 670,000 · Oct 2026October 2026 | 53,000 /yr | |
| 511 | 1-bed | 634 sqft | AED 720KAED 720,000 · Dec 2025December 2025 | 30,000 /yr | |
| 512 | 1-bed | 637 sqft | AED 680KAED 680,000 · Jun 2026June 2026 | 30,000 /yr | |
| 513 | 2-bed | 966 sqft | No registered sale | 65,000 /yr | |
| 514 | 2-bed | 966 sqft | No registered sale | 75,000 /yr |
505, MAG 545 in numbers
- No sale of the unit is registered with the Dubai Land Department.
- Rented since June 2019 on 3 Ejari contracts, at AED 75,000 a year.
- Two-beds in MAG 545 sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,059 per sqft.
Source: Dubai Land Department. Updated 18 June 2024.
Questions about 505, MAG 545
What is the rent for unit 505?
AED 75,000 a year on the contract signed on 18 June 2024. The previous contract, from June 2024, was AED 75,000; the unit has been rented since June 2019.
How big is unit 505?
1,008 sqft (93.6 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 545 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,087 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.