MAG 505
Studios to two-beds in Dubai South. 2 apartments sold in the last 12 months; every sale, rent and unit is below.
About MAG 505
MAG 505 is a low-rise residential building within the MAG 5 Boulevard cluster in the Residential District of Dubai South, a master-planned area near Expo City Dubai and Al Maktoum International Airport. The wider complex was launched in 2016 and completed in 2019, and benefits from direct access to major thoroughfares, notably Emirates Road (E611) and Expo Road. Apartments in MAG 505 are primarily studios and one-bedroom layouts with contemporary finishes suited to practical, modern living. The building forms part of a mid-rise ensemble designed around landscaped courtyards and internal streets, creating a neighbourhood feel rather than a high‑tower skyline. Typical specifications in the complex include central air conditioning, multiple elevators, and allocated covered parking. Residents of MAG 505 have use of community facilities provided across MAG 5 Boulevard, including a swimming pool, gymnasium and children’s play areas, alongside jogging and cycling tracks set among planted open spaces. Day‑to‑day conveniences are close at hand, with supermarkets, cafes and other retail available within the development and surrounding Residential District. Security is provided round the clock, and common areas are maintained as part of the community management. Connectivity is a key draw. By road, the building offers straightforward links to Expo City and wider Dubai via E611 and connecting routes such as Sheikh Mohammed Bin Zayed Road. Public transport services operate in the Dubai South area with links to Expo City’s metro terminus, supporting commuter access to the main business districts. The setting also suits aviation and logistics professionals, given the proximity to Al Maktoum International Airport. Overall, MAG 505 offers functional apartment living in a growing district, with practical on-site amenities and easy road access to key destinations in the south of the city.
132 apartments over 6 floors: 60 studios of 347 to 437 sqft, 59 one-beds of 478 to 657 sqft and 12 two-beds of 666 to 668 sqft. The service charge is AED 16.40 per sqft a year.
2 apartments sold in the 12 months to April 2026, at a median of AED 1,297 per sqft. 24 rental contracts were registered over the same 12 months, at a typical AED 42,000 a year.
- Developer
- MAG
- Completed
- 2020
- Floors
- 6
- Units
- 132
- Unit types
- Studio to 2-bed
Average prices in MAG 505
In MAG 505, typical sale prices over the last 12 months were around AED 550,000 for studios and AED 600,000 for one-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in MAG 505
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in MAG 505
- Completed1-bed · 478 sqft 20 Jan 2026AED 600,0001,255 /sqft
- CompletedStudio · 410 sqft 03 Dec 2025AED 550,0001,341 /sqft
- Completed1-bed · 513 sqft 22 Oct 2025AED 570,0001,109 /sqft
- Completed2-bed · 667 sqft 20 Oct 2025AED 770,0001,153 /sqft
- Completed637 sqft 22 Aug 2025AED 650,0001,019 /sqft
- Completed1-bed · 482 sqft 16 Jul 2025AED 550,0001,139 /sqft
- Completed2-bed · 667 sqft 31 Jan 2025AED 700,0001,048 /sqft
- CompletedStudio · 436 sqft 15 Jan 2025AED 495,0001,133 /sqft
- Completed1-bed · 628 sqft 04 Jan 2025AED 620,000987 /sqft
- Completed1-bed · 513 sqft 18 Nov 2024AED 495,000963 /sqft
Over the last 12 months, MAG 505 has recorded 2 apartment sales. Typical homes sold for around AED 575K (about AED 1,297 per sqft) with a median size of 444 sqft; most were studios.
Units in MAG 505
132 units- Unit 1011-bed · 628 sqftSold AED 480K, Sep 2019
- Unit 102Studio · 387 sqftSold AED 378K, Jun 2019
- Unit 103Studio · 365 sqftSold AED 340K, Jun 2018
- Unit 1041-bed · 478 sqftSold AED 600K, Jan 2026
- Unit 1052-bed · 668 sqftSold AED 630K, Aug 2024
- Unit 1061-bed · 483 sqftSold AED 455K, Oct 2018
- Unit 107Studio · 387 sqftSold AED 340K, Jun 2018
- Unit 108Studio · 347 sqftSold AED 220K, May 2020
- Unit 1091-bed · 478 sqftSold AED 425K, May 2018
- Unit 1102-bed · 666 sqftSold AED 490K, Jul 2019
Every unit in MAG 505, by number
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 311
- 312
- 313
- 314
- 315
- 316
- 317
- 318
- 319
- 320
- 321
- 322
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 412
- 413
- 414
- 415
- 416
- 417
- 418
- 419
- 420
- 421
- 422
- 501
- 502
- 503
- 504
- 505
- 506
- 507
- 508
- 509
- 510
- 511
- 512
- 513
- 514
- 515
- 516
- 517
- 518
- 519
- 520
- 521
- 522
- 601
- 602
- 603
- 604
- 605
- 606
- 607
- 608
- 609
- 610
- 611
- 612
- 613
- 614
- 615
- 616
- 617
- 618
- 619
- 620
- 621
- 622
Nearby buildings in Dubai South
All 125 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| MAG 510 | 2020 | AED 1,235 | AED 107 | 8.7% |
| MAG 565 | 2020 | AED 1,206 | AED 96 | 7.9% |
| South Living | 2020 | Few sales | ||
| MAG 515 | 2020 | Few sales | AED 96 | |
| MAG 560 | 2020 | AED 1,121 | AED 97 | 8.7% |
| MAG 520 | 2020 | AED 1,233 | AED 93 | 7.6% |
| MAG 555 | 2020 | AED 1,315 | AED 98 | 7.4% |
| MAG 525 | 2020 | AED 1,140 | AED 80 | 7.0% |
| MAG 550 | 2020 | AED 1,124 | AED 80 | 7.1% |
| MAG 530 | 2020 | AED 1,137 | AED 78 | 6.8% |
MAG 505 in numbers
- Across 2 DLD sales in the 12 months to April 2026, the median price in MAG 505 was AED 1,297 per sqft and the typical home sold for about AED 575K.
- Completed in 2020 by MAG; 6 floors of studios to two-beds; service charge AED 16.40 per sqft a year.
- A studio of 347 to 437 sqft rents for AED 26,000 to 44,000 a year on the 12 contracts registered in the last 12 months.
- Gross rental yield 7.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 12 April 2026.
Questions about MAG 505
How much does a studio in MAG 505 cost?
1 studio sold in the 12 months to April 2026; the median was AED 550,000, or AED 1,340 per sqft.
How much is a studio for rent in MAG 505?
About AED 41,000 a year: that is the median of the 12 contracts for studios registered with Ejari in the 12 months to April 2026, from AED 26,000 to 44,000.
What is the rental yield in MAG 505?
About 7.4% gross across the building, 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 444 sqft home that is about AED 7,300 a year.
Who built MAG 505 and when?
MAG; completed in 2020; 6 floors; 132 apartments.
How many apartments are there in MAG 505?
132, studios to two-beds. Each has its own page with its full sales and rental history.
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