Unit 111 at MAG 505 is a 1 bed of 483 sq ft. It last sold for AED 530,000 on 27 Sep 2024. At AED 1,114 per sq ft, from 6 sales in the building in the last 12 months (1 bed), it is worth about AED 538,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 483 sq ft |
| Floor | 1 (from the unit number) |
| Position in the tower | Stack 11: units ending 11 share the same layout and view |
| Building | MAG 505 by MAG Property Development, handed over 2019 |
| Registered sales of this unit | 2 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 27 Sep 2024 | AED 530,000 | 483 sq ft | 1,097 | Resale |
| 15 Mar 2024 | AED 400,000 | 483 sq ft | 828 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 211 | 16 Nov 2021 | AED 340,000 | 483 sq ft | 704 | Resale |
| 311 | 3 Mar 2020 | AED 448,001 | 483 sq ft | 928 | Off-plan |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 613 | 16 Jul 2026 | AED 690,000 | 623 sq ft | 1,108 | Resale |
| 104 | 20 Jan 2026 | AED 600,000 | 478 sq ft | 1,255 | Resale |
| 119 | 22 Oct 2025 | AED 570,000 | 514 sq ft | 1,109 | Resale |
| 314 | 30 Sep 2025 | AED 714,000 | 638 sq ft | 1,119 | Resale |
| 614 | 22 Aug 2025 | AED 650,000 | 638 sq ft | 1,019 | Resale |
| 506 | 16 Jul 2025 | AED 550,000 | 483 sq ft | 1,139 | Resale |
| 301 | 4 Jan 2025 | AED 620,000 | 628 sq ft | 987 | Resale |
| 320 | 18 Nov 2024 | AED 495,000 | 514 sq ft | 963 | Resale |
We took the 6 sales in MAG 505 in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,114). We multiplied it by the size of this unit (483 sq ft). The range uses the middle half of those sales (AED 1,108 to AED 1,134 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 616,110. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Jul 2026, from the Dubai Land Department register.
About AED 538,000 (range AED 535,000 to AED 548,000), based on AED 1,114 per sq ft from registered sales up to 16 Jul 2026.
27 Sep 2024, for AED 530,000 (resale). It has 2 registered sales.
A 1 bed in MAG 505 rents for about AED 47,500 a year (median asking rent). That is a gross yield of 8.8% on the estimate.