405, MAG 505
Sold prices and rental history: sold twice, last in April 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, MAG 505
What is 405 worth today?
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Source: Dubai Land Department. Updated 12 April 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 668 sqft
- Floor
- 4th of 6
- Parking
- G-71
- Developer
- MAG
- Completed
- 2020
- Service charge
- AED 11,000 /yr
- Last sold
- AED 460K · April 2023
- Building
- MAG 505
About 405, MAG 505
405 is a two-bedroom apartment of 668 sqft on the 4th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 12 April 2023 for AED 460,000, or AED 688 per sqft.
One Ejari contract is registered, from 20 February 2022. The current contract, signed on 20 February 2022, is AED 30,081 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 11,000 a year.
Sales and rents for 405 over time
405 has sold twice; 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 505, and where 405 sits
All 12 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202520 October 2025 | 668 sqft | 770,000 | 1,153 | ||
| 31 Jan 202531 January 2025 | 668 sqft | 700,000 | 1,048 | ||
| 29 Aug 202429 August 2024 | 668 sqft | 630,000 | 943 | ||
| 6 Feb 20206 February 2020 | 666 sqft | 562,000 | 843 |
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 4th floor
All 132 units in MAG 505| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 628 sqft | AED 523KAED 523,007 · Apr 2018April 2018 | 68,000 /yr | |
| 402 | Studio | 387 sqft | AED 361KAED 360,551 · Apr 2018April 2018 | 51,000 /yr | |
| 403 | Studio | 365 sqft | AED 385KAED 385,000 · Jul 2018July 2018 | 35,000 /yr | |
| 404 | 1-bed | 478 sqft | AED 442KAED 442,000 · Apr 2019April 2019 | 40,435 /yr | |
| 406 | 1-bed | 483 sqft | AED 448KAED 448,000 · Mar 2018March 2018 | 34,400 /yr | |
| 407 | Studio | 387 sqft | AED 380KAED 380,000 · Sep 2019September 2019 | 36,000 /yr | |
| 408 | Studio | 347 sqft | AED 351KAED 351,258 · Jul 2018July 2018 | 40,000 /yr | |
| 409 | 1-bed | 478 sqft | AED 320KAED 320,000 · Sep 2022September 2022 | 24,223 /yr | |
| 410 | 2-bed | 666 sqft | AED 550KAED 550,000 · Nov 2018November 2018 | 60,000 /yr | |
| 411 | 1-bed | 483 sqft | AED 435KAED 435,000 · Jun 2018June 2018 | 40,000 /yr | |
| 412 | 1-bed | 656 sqft | AED 508KAED 508,444 · Sep 2019September 2019 | 60,000 /yr | |
| 413 | 1-bed | 622 sqft | AED 485KAED 485,000 · Jul 2018July 2018 | 23,000 /yr | |
| 414 | 1-bed | 638 sqft | AED 455KAED 455,485 · Oct 2022October 2022 | 25,000 /yr | |
| 415 | Studio | 410 sqft | AED 380KAED 380,000 · Apr 2018April 2018 | 42,000 /yr | |
| 416 | Studio | 410 sqft | AED 396KAED 396,000 · Sep 2018September 2018 | 34,000 /yr | |
| 417 | Studio | 437 sqft | AED 416KAED 416,435 · Apr 2018April 2018 | 34,000 /yr | |
| 418 | Studio | 437 sqft | AED 396KAED 396,000 · Sep 2018September 2018 | 22,099 /yr | |
| 419 | 1-bed | 514 sqft | AED 452KAED 452,000 · Apr 2018April 2018 | 39,000 /yr | |
| 420 | 1-bed | 514 sqft | AED 452KAED 452,000 · Apr 2018April 2018 | 47,000 /yr | |
| 421 | Studio | 360 sqft | AED 380KAED 380,000 · May 2019May 2019 | 23,000 /yr | |
| 422 | Studio | 360 sqft | AED 325KAED 325,000 · Nov 2023November 2023 | 32,000 /yr |
405, MAG 505 in numbers
- Sold twice: first on 7 November 2019 for AED 497,000, last on 12 April 2023 for AED 460,000 (AED 688 per sqft).
- Rented since February 2022 on one Ejari contract, at AED 30,081 a year.
- At AED 30,081 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 11,000 a year (AED 16.40 per sqft).
Source: Dubai Land Department. Updated 12 April 2023.
Questions about 405, MAG 505
What did unit 405 last sell for?
AED 460,000 on 12 April 2023: AED 688 per sqft for 668 sqft. The unit has 2 registered sales; the first was AED 497,000 in November 2019.
What is the rent for unit 405?
AED 30,081 a year on the contract signed on 20 February 2022.
How big is unit 405?
668 sqft (62.1 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.
What is unit 405 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 405, MAG 505
Starts from the last sale price (AED 460K, 12 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 460,000
- Deposit, UAE resident (20%)
- AED 92,000
- Deposit, non-resident (40%)
- AED 184,000
- Monthly over 25 years at 3.7%
- AED 1,882
Plus AED 22,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →