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638 sqftMAG 505, Dubai South · 6th floor · completed 2020

614, MAG 505

Sold prices and rental history: sold twice, last in August 2025, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 650K22 August 2025
Current rentAED 72K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614, MAG 505

What is 614 worth today?

Last sold for AED 650,000 in 2025

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15 Dec 2025RentedNew contract
AED 72,000/yr12 months · AED 113 per sqft
22 Aug 2025SoldReady
AED 650,000AED 1,019 per sqft
12 May 2022Sold by developerReady
AED 464,780AED 728 per sqft
17 Oct 2020RentedNew contract
AED 26,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Apartment
Size
638 sqft
Floor
6th of 6
Parking
G-124
Developer
MAG
Completed
2020
Service charge
AED 10,500 /yr
Last sold
AED 650K · August 2025
Building
MAG 505

About 614, MAG 505

614 is an apartment of 638 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 August 2025 for AED 650,000, or AED 1,019 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 15 December 2025, is AED 72,000 a year: a gross yield of 11.1% on the 2025 price, before the service charge of about AED 10,500 a year.

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

614, MAG 505 in numbers

  • Sold twice: first on 12 May 2022 for AED 464,780, last on 22 August 2025 for AED 650,000 (AED 1,019 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 26,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2025 price is 11.1%, before a service charge of about AED 10,500 a year (AED 16.40 per sqft).

Source: Dubai Land Department. Updated 15 December 2025.

Questions about 614, MAG 505

What did unit 614 last sell for?

AED 650,000 on 22 August 2025: AED 1,019 per sqft for 638 sqft. The unit has 2 registered sales; the first was AED 464,780 in May 2022.

What is the rent for unit 614?

AED 72,000 a year on the contract signed on 15 December 2025. The previous contract, from October 2020, was AED 26,000.

How big is unit 614?

638 sqft (59.3 sqm): an apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 614 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 614, MAG 505

Starts from the last sale price (AED 650K, 22 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →