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2-bed · 666 sqftMAG 505, Dubai South · 4th floor · completed 2020

410, MAG 505

Sold prices and rental history: sold once, by the developer in November 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 410 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 550K7 November 2018
Current rentAED 60K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 410, MAG 505

What is 410 worth today?

Last sold for AED 550,000 in 2018

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1 Jan 2026RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
1 Jan 2025RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
3 Apr 2023RentedRenewal
AED 39,000/yr12 months · AED 58 per sqft
3 Apr 2022RentedRenewal
AED 33,000/yr12 months · AED 49 per sqft
3 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 45 per sqft
7 Nov 2018Sold by developerOff-plan
AED 550,000AED 825 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed apartment
Size
666 sqft
Floor
4th of 6
Parking
G-76
Developer
MAG
Completed
2020
Service charge
AED 10,900 /yr
Last sold
AED 550K · November 2018
Building
MAG 505

About 410, MAG 505

410 is a two-bedroom apartment of 666 sqft on the 4th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. The developer sold it on 7 November 2018 for AED 550,000, or AED 825 per sqft, in line with the AED 828 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 60,000 a year: a gross yield of 10.9% on the 2018 price, before the service charge of about AED 10,900 a year.

Sales and rents for 410 over time

Sales
Unit 410, each saleTypical two-bed in MAG 505
500K550K201820192020Typical sale price by year: 2018 AED 552,500; 2019 AED 497,000Sold by developer, November 2018: AED 550,000 (AED 825 per sqft)

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

Rents
Unit 410, each contractTypical two-bed in MAG 505
40K60K202120232025Typical rent by year: 2021 AED 29,000; 2022 AED 32,500; 2023 AED 37,750; 2024 AED 43,000; 2025 AED 60,000New contract, April 2021: AED 30,000 a yearRenewal, April 2022: AED 33,000 a yearRenewal, April 2023: AED 39,000 a yearNew contract, January 2025: AED 60,000 a yearRenewal, January 2026: AED 60,000 a year

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 410 sits

All 12 2-beds →

410 last sold in November 2018 at AED 825 per sqft, in line with what two-beds in MAG 505 were fetching at the time (AED 828).

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 2025770,000
31 Jan 2025700,000
29 Aug 2024630,000
12 Apr 2023460,000
0 2-bed sales 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 4th floor

All 132 units in MAG 505
Value
4011-bedAED 523K · Apr 2018
402StudioAED 361K · Apr 2018
403StudioAED 385K · Jul 2018
4041-bedAED 442K · Apr 2019
4052-bedAED 460K · Apr 2023
4061-bedAED 448K · Mar 2018
407StudioAED 380K · Sep 2019
1–7 of 21

410, MAG 505 in numbers

  • Sold once: by MAG on 7 November 2018 for AED 550,000, or AED 825 per sqft.
  • Rented since April 2021 on 5 Ejari contracts, from AED 30,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 10.9%, before a service charge of about AED 10,900 a year (AED 16.40 per sqft).

Source: Dubai Land Department. Updated 1 January 2026.

Questions about 410, MAG 505

What did unit 410 last sell for?

AED 550,000 on 7 November 2018, sold by the developer: AED 825 per sqft for 666 sqft. It is the only registered sale of the unit.

What is the rent for unit 410?

AED 60,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 60,000; the unit has been rented since April 2021.

How big is unit 410?

666 sqft (61.9 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2020.

What is unit 410 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 410, MAG 505

Starts from the last sale price (AED 550K, 7 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →