Unit 613, MAG 505: what it sold for and what it is worth now

Unit 613 at MAG 505 is a 1 bed of 623 sq ft. It last sold for AED 690,000 on 16 Jul 2026. 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 694,000 today.

Value todayAED 694,000AED 690,000 to AED 706,000
Last saleAED 690,00016 Jul 2026 · Resale
Change since last sale+0.6% 
Rent (median asking, 1 bed)AED 47,500Gross yield 6.8%
Bedrooms1 bed
Size623 sq ft
Floor6 (from the unit number)
Position in the towerStack 13: units ending 13 share the same layout and view
BuildingMAG 505 by MAG Property Development, handed over 2019
Registered sales of this unit2

Every registered sale of unit 613

DatePriceSizeAED/sq ftType
16 Jul 2026AED 690,000623 sq ft1,108Resale
22 Jan 2020AED 320,000623 sq ft514Off-plan

Units ending 13 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
31315 Dec 2023AED 485,000622 sq ft780Resale

Latest 1 bed sales in MAG 505

UnitDatePriceSizeAED/sq ftType
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
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 (623 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 613 at MAG 505 worth?

About AED 694,000 (range AED 690,000 to AED 706,000), based on AED 1,114 per sq ft from registered sales up to 16 Jul 2026.

When did unit 613 last sell?

16 Jul 2026, for AED 690,000 (resale). It has 2 registered sales.

What rent can unit 613 make?

A 1 bed in MAG 505 rents for about AED 47,500 a year (median asking rent). That is a gross yield of 6.8% on the estimate.

Sales alert for MAG 505All sales in MAG 505

Unit 612 · Unit 614