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1-bed · 483 sqftMAG 505, Dubai South · 2nd floor · completed 2020

206, MAG 505

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 420K18 June 2018
Current rentAED 38K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, MAG 505

What is 206 worth today?

Last sold for AED 420,000 in 2018

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15 Oct 2025RentedRenewal
AED 38,000/yr12 months · AED 79 per sqft
15 Oct 2024RentedRenewal
AED 37,000/yr12 months · AED 77 per sqft
15 Oct 2023RentedNew contract
AED 34,000/yr12 months · AED 70 per sqft
15 Oct 2022RentedNew contract
AED 27,000/yr12 months · AED 56 per sqft
20 Jul 2020RentedNew contract
AED 22,000/yr12 months · AED 46 per sqft
18 Jun 2018Sold by developerOff-plan
AED 420,000AED 869 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
483 sqft
Floor
2nd of 6
Parking
G-29
Developer
MAG
Completed
2020
Service charge
AED 7,900 /yr
Last sold
AED 420K · June 2018
Building
MAG 505

About 206, MAG 505

206 is a one-bedroom apartment of 483 sqft on the 2nd floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 18 June 2018 for AED 420,000, or AED 869 per sqft, 4% below the AED 903 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 October 2025, is AED 38,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 7,900 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in MAG 505
400K500K600K20182020202220242026Typical 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, June 2018: AED 420,000 (AED 869 per sqft)

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

Rents
Unit 206, 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, July 2020: AED 22,000 a yearNew contract, October 2022: AED 27,000 a yearNew contract, October 2023: AED 34,000 a yearRenewal, October 2024: AED 37,000 a yearRenewal, October 2025: AED 38,000 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 206 sits

All 59 1-beds →

206 last sold in June 2018 at AED 869 per sqft, 4% below what one-beds in MAG 505 were fetching at the time (AED 903). 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. 206's AED 38,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Jan 2026600,000
22 Oct 2025570,000
16 Jul 2025550,000
4 Jan 2025620,000
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 2nd floor

All 132 units in MAG 505
Value
2011-bedAED 533K · May 2018
202StudioAED 380K · Apr 2018
203StudioAED 384K · Jul 2018
2041-bedAED 240K · Mar 2021
2052-bedAED 770K · Oct 2025
207StudioAED 385K · Mar 2018
208StudioAED 350K · Sep 2019
1–7 of 21

206, MAG 505 in numbers

  • Sold once: by MAG on 18 June 2018 for AED 420,000, or AED 869 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 22,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 7,900 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 15 October 2025.

Questions about 206, MAG 505

What did unit 206 last sell for?

AED 420,000 on 18 June 2018, sold by the developer: AED 869 per sqft for 483 sqft. It is the only registered sale of the unit.

What is the rent for unit 206?

AED 38,000 a year on the contract renewed on 15 October 2025. The previous contract, from October 2024, was AED 37,000; the unit has been rented since July 2020.

How big is unit 206?

483 sqft (44.9 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2020.

What is unit 206 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 206, MAG 505

Starts from the last sale price (AED 420K, 18 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

Plus AED 20,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →