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1-bed · 478 sqftMAG 505, Dubai South · 1st floor · completed 2020

104, MAG 505

Sold prices and rental history: sold twice, last in January 2026, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 20 January 2026
Last soldAED 600K20 January 2026
Current rentAED 46K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 104, MAG 505

What is 104 worth today?

Last sold for AED 600,000 in 2026

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20 Jan 2026SoldReady
AED 600,000AED 1,254 per sqft
1 Dec 2024RentedNew contract
AED 46,000/yr12 months · AED 97 per sqft
6 Mar 2024RentedNew contract
AED 43,000/yr12 months · AED 91 per sqft
22 Oct 2023RentedRenewal
AED 26,000/yr12 months · AED 55 per sqft
22 Oct 2022RentedRenewal
AED 24,000/yr12 months · AED 51 per sqft
22 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
22 Oct 2020RentedNew contract
AED 24,000/yr12 months · AED 51 per sqft
9 Jul 2018Sold by developerOff-plan
AED 425,000AED 888 per sqft

Source: Dubai Land Department. Updated 20 January 2026.

Key facts

Type
1-bed apartment
Size
478 sqft
Floor
1st of 6
Parking
G-04
Developer
MAG
Completed
2020
Service charge
AED 7,800 /yr
Last sold
AED 600K · January 2026
Building
MAG 505

About 104, MAG 505

104 is a one-bedroom apartment of 478 sqft on the 1st floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 20 January 2026 for AED 600,000, or AED 1,254 per sqft, 10% above the AED 1,138 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 1 December 2024, is AED 46,000 a year: a gross yield of 7.7% on the 2026 price, before the service charge of about AED 7,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in MAG 505
400K500K600K201820212024Typical sale price by year: 2018 AED 452,000; 2019 AED 478,240; 2020 AED 448,001; 2022 AED 455,485; 2023 AED 400,418; 2024 AED 495,000; 2025 AED 570,000Sold by developer, July 2018: AED 425,000 (AED 888 per sqft)Sold, January 2026: AED 600,000 (AED 1,254 per sqft)

104 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 104, each contractTypical one-bed in MAG 505
20K40K2020202220242026Typical rent by year: 2020 AED 23,500; 2021 AED 23,000; 2022 AED 26,000; 2023 AED 28,500; 2024 AED 40,000; 2025 AED 46,200; 2026 AED 45,000New contract, October 2020: AED 24,000 a yearNew contract, October 2020: AED 24,000 a yearRenewal, October 2022: AED 24,000 a yearRenewal, October 2023: AED 26,000 a yearNew contract, March 2024: AED 43,000 a yearNew contract, December 2024: AED 46,000 a year

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

1-beds in MAG 505, and where 104 sits

All 59 1-beds →

104 last sold in January 2026 at AED 1,254 per sqft, 10% above what one-beds in MAG 505 were fetching at the time (AED 1,138). Over the last 12 months one-beds sold for AED 600,000, around AED 1,254 per sqft, and rent for AED 25,000 to 72,000 a year. 104's AED 46,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2025570,000
16 Jul 2025550,000
4 Jan 2025620,000
18 Nov 2024495,000
1 1-bed sale in the last 12 months

MAG 505

Building

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

Typical price per sqft
AED 1,297
Typical sale
AED 575K
Typical rent
AED 42K /yr
Typical yield
7.4%
MAG 505, Dubai South: prices, sales and rents →

Other units on the 1st floor

All 132 units in MAG 505
Value
1011-bedAED 480K · Sep 2019
102StudioAED 378K · Jun 2019
103StudioAED 340K · Jun 2018
1052-bedAED 630K · Aug 2024
1061-bedAED 455K · Oct 2018
107StudioAED 340K · Jun 2018
108StudioAED 220K · May 2020
1–7 of 21

104, MAG 505 in numbers

  • Sold twice: first on 9 July 2018 for AED 425,000, last on 20 January 2026 for AED 600,000 (AED 1,254 per sqft).
  • Rented since October 2020 on 6 Ejari contracts, from AED 24,000 to AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2026 price is 7.7%, before a service charge of about AED 7,800 a year (AED 16.40 per sqft).
  • One-beds in MAG 505 sold for AED 600,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 1,297 per sqft.

Source: Dubai Land Department. Updated 20 January 2026.

Questions about 104, MAG 505

What did unit 104 last sell for?

AED 600,000 on 20 January 2026: AED 1,254 per sqft for 478 sqft. The unit has 2 registered sales; the first was AED 425,000 in July 2018.

What is the rent for unit 104?

AED 46,000 a year on the contract signed on 1 December 2024. The previous contract, from March 2024, was AED 43,000; the unit has been rented since October 2020.

How big is unit 104?

478 sqft (44.4 sqm): a one-bedroom apartment on the 1st floor of a 6-storey tower completed in 2020.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in MAG 505 sold for AED 600,000 to 600,000 in the last 12 months, around AED 1,254 per sqft.

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Mortgage on 104, MAG 505

Starts from the last sale price (AED 600K, 20 January 2026). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →