Unit 205, MAG 505: what it sold for and what it is worth now

Unit 205 at MAG 505 is a 2 bed of 668 sq ft. It last sold for AED 770,000 on 20 Oct 2025. At AED 1,048 per sq ft, from 3 sales of units ending 05 (same position in the tower), it is worth about AED 700,000 today.

Value todayAED 700,000AED 665,000 to AED 735,000
Last saleAED 770,00020 Oct 2025 · Resale
Change since last sale-9.1%Building trend alone: AED 759,848
Rent (median asking, 2 bed)AED 70,000Gross yield 10.0%
Bedrooms2 bed
Size668 sq ft
Floor2 (from the unit number)
Position in the towerStack 05: units ending 05 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 205

DatePriceSizeAED/sq ftType
20 Oct 2025AED 770,000668 sq ft1,153Resale

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60531 Jan 2025AED 700,000668 sq ft1,048Resale
10529 Aug 2024AED 630,000668 sq ft943Resale
40512 Apr 2023AED 460,000668 sq ft689Resale

Latest 2 bed sales in MAG 505

UnitDatePriceSizeAED/sq ftType
41030 Mar 2026AED 710,000666 sq ft1,066Resale
60531 Jan 2025AED 700,000668 sq ft1,048Resale
10529 Aug 2024AED 630,000668 sq ft943Resale
40512 Apr 2023AED 460,000668 sq ft689Resale
2106 Feb 2020AED 562,000666 sq ft844Off-plan

How we worked out the value

We took the 3 resale sales of units ending 05 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,048). We multiplied it by the size of this unit (668 sq ft). The range uses the middle half of those sales (AED 996 to AED 1,100 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 759,848. 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 205 at MAG 505 worth?

About AED 700,000 (range AED 665,000 to AED 735,000), based on AED 1,048 per sq ft from registered sales up to 16 Jul 2026.

When did unit 205 last sell?

20 Oct 2025, for AED 770,000 (resale). It has 1 registered sale.

What rent can unit 205 make?

A 2 bed in MAG 505 rents for about AED 70,000 a year (median asking rent). That is a gross yield of 10.0% on the estimate.

Sales alert for MAG 505All sales in MAG 505

Unit 204 · Unit 209