317, MAG 505
Sold prices and rental history: sold twice, last in January 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 317, MAG 505
What is 317 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 15 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 437 sqft
- Floor
- 3rd of 6
- Parking
- G-61
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 7,200 /yr
- Last sold
- AED 495K · January 2025
- Building
- MAG 505
About 317, MAG 505
317 is a studio of 437 sqft on the 3rd floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 15 January 2025 for AED 495,000, or AED 1,132 per sqft, 22% above the AED 925 studios in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 22 May 2024, is AED 25,000 a year: a gross yield of 5.1% on the 2025 price, before the service charge of about AED 7,200 a year.
Sales and rents for 317 over time
317 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in MAG 505, and where 317 sits
All 60 studios →317 last sold in January 2025 at AED 1,132 per sqft, 22% above what studios in MAG 505 were fetching at the time (AED 925). Over the last 12 months studios sold for AED 550,000, around AED 1,340 per sqft, and rent for AED 26,000 to 44,000 a year. 317's AED 25,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Dec 20253 December 2025 | 410 sqft | 550,000 | 1,340 | ||
| 18 Nov 202418 November 2024 | 437 sqft | 350,000 | 801 | ||
| 7 Jun 20247 June 2024 | 360 sqft | 345,000 | 958 | ||
| 25 Mar 202425 March 2024 | 389 sqft | 360,000 | 925 |
MAG 505
Building132 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%
Other units on the 3rd floor
All 132 units in MAG 505| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 628 sqft | AED 620KAED 620,000 · Jan 2025January 2025 | 30,000 /yr | |
| 302 | Studio | 387 sqft | AED 364KAED 364,230 · Sep 2019September 2019 | 38,000 /yr | |
| 303 | Studio | 365 sqft | AED 290KAED 290,000 · Apr 2018April 2018 | 38,500 /yr | |
| 304 | 1-bed | 478 sqft | AED 442KAED 442,000 · May 2018May 2018 | 28,000 /yr | |
| 305 | 2-bed | 668 sqft | AED 562KAED 562,366 · Aug 2019August 2019 | 50,000 /yr | |
| 306 | 1-bed | 483 sqft | AED 458KAED 458,000 · Jun 2018June 2018 | 26,000 /yr | |
| 307 | Studio | 387 sqft | AED 380KAED 380,000 · May 2019May 2019 | ||
| 308 | Studio | 347 sqft | AED 350KAED 350,000 · Sep 2019September 2019 | 40,000 /yr | |
| 309 | 1-bed | 478 sqft | AED 442KAED 442,000 · Mar 2018March 2018 | 43,882 /yr | |
| 310 | 2-bed | 666 sqft | AED 562KAED 562,000 · Nov 2019November 2019 | 55,000 /yr | |
| 311 | 1-bed | 483 sqft | AED 448KAED 448,001 · Mar 2020March 2020 | 46,000 /yr | |
| 312 | 1-bed | 656 sqft | AED 534KAED 534,482 · Jul 2018July 2018 | 48,000 /yr | |
| 313 | 1-bed | 622 sqft | AED 485KAED 485,000 · Dec 2023December 2023 | 30,000 /yr | |
| 314 | 1-bed | 638 sqft | AED 495KAED 495,000 · Jul 2024July 2024 | 56,000 /yr | |
| 315 | Studio | 410 sqft | AED 380KAED 380,000 · Jul 2018July 2018 | 32,000 /yr | |
| 316 | Studio | 410 sqft | AED 380KAED 380,000 · Apr 2018April 2018 | 44,000 /yr | |
| 318 | Studio | 437 sqft | AED 390KAED 390,000 · Jul 2019July 2019 | ||
| 319 | 1-bed | 514 sqft | AED 470KAED 470,000 · May 2018May 2018 | 41,538 /yr | |
| 320 | 1-bed | 514 sqft | AED 495KAED 495,000 · Nov 2024November 2024 | 37,000 /yr | |
| 321 | Studio | 360 sqft | AED 374KAED 374,360 · Feb 2020February 2020 | 28,000 /yr | |
| 322 | Studio | 360 sqft | AED 353KAED 353,000 · May 2018May 2018 | 34,000 /yr |
317, MAG 505 in numbers
- Sold twice: first on 21 March 2018 for AED 405,322, last on 15 January 2025 for AED 495,000 (AED 1,132 per sqft).
- Rented since May 2020 on 3 Ejari contracts, from AED 21,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2025 price is 5.1%, before a service charge of about AED 7,200 a year (AED 16.40 per sqft).
- Studios in MAG 505 sold for AED 550,000–550,000 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 January 2025.
Questions about 317, MAG 505
What did unit 317 last sell for?
AED 495,000 on 15 January 2025: AED 1,132 per sqft for 437 sqft. The unit has 2 registered sales; the first was AED 405,322 in March 2018.
What is the rent for unit 317?
AED 25,000 a year on the contract signed on 22 May 2024. The previous contract, from May 2021, was AED 21,000; the unit has been rented since May 2020.
How big is unit 317?
437 sqft (40.6 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2020.
What is unit 317 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in MAG 505 sold for AED 550,000 to 550,000 in the last 12 months, around AED 1,340 per sqft.
Selling 317? 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.
Mortgage on 317, MAG 505
Starts from the last sale price (AED 495K, 15 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 495,000
- Deposit, UAE resident (20%)
- AED 99,000
- Deposit, non-resident (40%)
- AED 198,000
- Monthly over 25 years at 3.7%
- AED 2,025
Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →