Unit 612 at MAG 505 is a 1 bed of 657 sq ft. It last sold for AED 478,880 on 26 Sep 2022. 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 732,000 today.
| Bedrooms | 1 bed |
|---|---|
| Size | 657 sq ft |
| Floor | 6 (from the unit number) |
| Position in the tower | Stack 12: units ending 12 share the same layout and view |
| Building | MAG 505 by MAG Property Development, handed over 2019 |
| Registered sales of this unit | 1 |
| Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|
| 26 Sep 2022 | AED 478,880 | 657 sq ft | 729 | Resale |
| Unit | Date | Price | Size | AED/sq ft | Type |
|---|---|---|---|---|---|
| 112 | 26 Jan 2022 | AED 460,000 | 656 sq ft | 701 | Resale |
| 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 (657 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 747,261. 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 732,000 (range AED 728,000 to AED 745,000), based on AED 1,114 per sq ft from registered sales up to 16 Jul 2026.
26 Sep 2022, for AED 478,880 (resale). It has 1 registered sale.
A 1 bed in MAG 505 rents for about AED 47,500 a year (median asking rent). That is a gross yield of 6.5% on the estimate.