Unit 119, MAG 505: what it sold for and what it is worth now

Unit 119 at MAG 505 is a 1 bed of 514 sq ft. It last sold for AED 570,000 on 22 Oct 2025. 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 573,000 today.

Value todayAED 573,000AED 569,000 to AED 583,000
Last saleAED 570,00022 Oct 2025 · Resale
Change since last sale+0.5%Building trend alone: AED 562,485
Rent (median asking, 1 bed)AED 47,500Gross yield 8.3%
Bedrooms1 bed
Size514 sq ft
Floor1 (from the unit number)
Position in the towerStack 19: units ending 19 share the same layout and view
BuildingMAG 505 by MAG Property Development, handed over 2019
Registered sales of this unit1

Every registered sale of unit 119

DatePriceSizeAED/sq ftType
22 Oct 2025AED 570,000514 sq ft1,109Resale

Units ending 19 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
61921 Nov 2023AED 350,000514 sq ft681Resale

Latest 1 bed sales in MAG 505

UnitDatePriceSizeAED/sq ftType
61316 Jul 2026AED 690,000623 sq ft1,108Resale
10420 Jan 2026AED 600,000478 sq ft1,255Resale
31430 Sep 2025AED 714,000638 sq ft1,119Resale
61422 Aug 2025AED 650,000638 sq ft1,019Resale
50616 Jul 2025AED 550,000483 sq ft1,139Resale
3014 Jan 2025AED 620,000628 sq ft987Resale
32018 Nov 2024AED 495,000514 sq ft963Resale
11410 Oct 2024AED 537,000638 sq ft842Resale

How we worked out the value

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 (514 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 562,485. Floor, view, condition and upgrades can move the price either way. Sales data to 16 Jul 2026, from the Dubai Land Department register.

Questions

What is unit 119 at MAG 505 worth?

About AED 573,000 (range AED 569,000 to AED 583,000), based on AED 1,114 per sq ft from registered sales up to 16 Jul 2026.

When did unit 119 last sell?

22 Oct 2025, for AED 570,000 (resale). It has 1 registered sale.

What rent can unit 119 make?

A 1 bed in MAG 505 rents for about AED 47,500 a year (median asking rent). That is a gross yield of 8.3% on the estimate.

Sales alert for MAG 505All sales in MAG 505

Unit 116 · Unit 122