Unit 414, MAG 505: what it sold for and what it is worth now

Unit 414 at MAG 505 is a 1 bed of 638 sq ft. It last sold for AED 455,485 on 3 Oct 2022. At AED 1,019 per sq ft, from 3 sales of units ending 14 (same position in the tower), it is worth about AED 650,000 today.

Value todayAED 650,000AED 594,000 to AED 682,000
Last saleAED 455,4853 Oct 2022 · Resale
Change since last sale+42.7%Building trend alone: AED 710,755
Rent (median asking, 1 bed)AED 47,500Gross yield 7.3%
Bedrooms1 bed
Size638 sq ft
Floor4 (from the unit number)
Position in the towerStack 14: units ending 14 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 414

DatePriceSizeAED/sq ftType
3 Oct 2022AED 455,485638 sq ft714Resale

Units ending 14 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31430 Sep 2025AED 714,000638 sq ft1,119Resale
61422 Aug 2025AED 650,000638 sq ft1,019Resale
11410 Oct 2024AED 537,000638 sq ft842Resale
31412 Jul 2024AED 495,000638 sq ft776Resale
2145 Jul 2024AED 495,000638 sq ft776Resale
21413 Mar 2023AED 450,836638 sq ft707Resale
11421 Sep 2022AED 455,485638 sq ft714Resale
31414 Sep 2022AED 450,837638 sq ft707Resale

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 3 resale sales of units ending 14 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,019). We multiplied it by the size of this unit (638 sq ft). The range uses the middle half of those sales (AED 930 to AED 1,069 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 710,755. 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 414 at MAG 505 worth?

About AED 650,000 (range AED 594,000 to AED 682,000), based on AED 1,019 per sq ft from registered sales up to 16 Jul 2026.

When did unit 414 last sell?

3 Oct 2022, for AED 455,485 (resale). It has 1 registered sale.

What rent can unit 414 make?

A 1 bed in MAG 505 rents for about AED 47,500 a year (median asking rent). That is a gross yield of 7.3% on the estimate.

Sales alert for MAG 505All sales in MAG 505

Unit 410 · Unit 422