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1-bed · 623 sqftMAG 505, Dubai South · 6th floor · completed 2020

613, MAG 505

Sold prices and rental history: sold twice, last in January 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 10 March 2025
Last soldAED 320K22 January 2020
Current rentAED 35K /yr10 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 613, MAG 505

What is 613 worth today?

Last sold for AED 320,000 in 2020

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10 Mar 2025RentedRenewal
AED 35,000/yr12 months · AED 56 per sqft
10 Mar 2024RentedRenewal
AED 32,000/yr12 months · AED 51 per sqft
10 Mar 2023RentedRenewal
AED 26,000/yr12 months · AED 42 per sqft
10 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 37 per sqft
22 Jan 2020SoldOff-plan
AED 320,000AED 513 per sqft
1 Nov 2018Sold by developerOff-plan
AED 512,244AED 821 per sqft

Source: Dubai Land Department. Updated 10 March 2025.

Key facts

Type
1-bed apartment
Size
623 sqft
Floor
6th of 6
Parking
G-123
Developer
MAG
Completed
2020
Service charge
AED 10,200 /yr
Last sold
AED 320K · January 2020
Building
MAG 505

About 613, MAG 505

613 is a one-bedroom apartment of 623 sqft on the 6th floor of MAG 505, a 6-storey tower in Dubai South completed in 2020 by MAG. It last sold on 22 January 2020 for AED 320,000, or AED 513 per sqft, 34% below the AED 774 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 10 March 2025, is AED 35,000 a year: a gross yield of 10.9% on the 2020 price, before the service charge of about AED 10,200 a year.

Sales and rents for 613 over time

Sales
Unit 613, each saleTypical one-bed in MAG 505
400K600K20182020202220242026Typical 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, November 2018: AED 512,244 (AED 821 per sqft)Sold, January 2020: AED 320,000 (AED 513 per sqft)

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

Rents
Unit 613, 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, February 2021: AED 23,000 a yearRenewal, March 2023: AED 26,000 a yearRenewal, March 2024: AED 32,000 a yearRenewal, March 2025: AED 35,000 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 613 sits

All 59 1-beds →

613 last sold in January 2020 at AED 513 per sqft, 34% below what one-beds in MAG 505 were fetching at the time (AED 774). 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. 613's AED 35,000 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 6th floor

All 132 units in MAG 505
Value
6011-bedAED 475K · Jul 2019
602StudioAED 330K · May 2019
603StudioAED 390K · Mar 2018
6041-bedAED 448K · Apr 2018
6052-bedAED 700K · Jan 2025
6061-bedAED 448K · Jun 2018
607StudioAED 385K · May 2018
1–7 of 21

613, MAG 505 in numbers

  • Sold twice: first on 1 November 2018 for AED 512,244, last on 22 January 2020 for AED 320,000 (AED 513 per sqft).
  • Rented since February 2021 on 4 Ejari contracts, from AED 23,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2020 price is 10.9%, before a service charge of about AED 10,200 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 10 March 2025.

Questions about 613, MAG 505

What did unit 613 last sell for?

AED 320,000 on 22 January 2020: AED 513 per sqft for 623 sqft. The unit has 2 registered sales; the first was AED 512,244 in November 2018.

What is the rent for unit 613?

AED 35,000 a year on the contract renewed on 10 March 2025. The previous contract, from March 2024, was AED 32,000; the unit has been rented since February 2021.

How big is unit 613?

623 sqft (57.9 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 613 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 613, MAG 505

Starts from the last sale price (AED 320K, 22 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 320,000
Deposit, UAE resident (20%)
AED 64,000
Deposit, non-resident (40%)
AED 128,000
Monthly over 25 years at 3.7%
AED 1,309

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →