Unit 211, MAG 505: what it sold for and what it is worth now

Unit 211 at MAG 505 is a 1 bed of 483 sq ft. It last sold for AED 340,000 on 16 Nov 2021. 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.

Value todayAED 538,000AED 535,000 to AED 548,000
Last saleAED 340,00016 Nov 2021 · Resale
Change since last sale+58.2% 
Rent (median asking, 1 bed)AED 47,500Gross yield 8.8%
Bedrooms1 bed
Size483 sq ft
Floor2 (from the unit number)
Position in the towerStack 11: units ending 11 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 211

DatePriceSizeAED/sq ftType
16 Nov 2021AED 340,000483 sq ft704Resale

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11127 Sep 2024AED 530,000483 sq ft1,097Resale
11115 Mar 2024AED 400,000483 sq ft828Resale
3113 Mar 2020AED 448,001483 sq ft928Off-plan

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
11922 Oct 2025AED 570,000514 sq ft1,109Resale
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

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 (483 sq ft). The range uses the middle half of those sales (AED 1,108 to AED 1,134 per sq ft). 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 211 at MAG 505 worth?

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.

When did unit 211 last sell?

16 Nov 2021, for AED 340,000 (resale). It has 1 registered sale.

What rent can unit 211 make?

A 1 bed in MAG 505 rents for about AED 47,500 a year (median asking rent). That is a gross yield of 8.8% on the estimate.

Sales alert for MAG 505All sales in MAG 505

Unit 210 · Unit 214