MAG 505 is a completed development by MAG 5 PROPERTY DEVELOPMENT L.L.C in Dubai South (Dubai World Central), comprising 132 registered units. 174 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,083 per sqft. At AED 1,083 per sqft, MAG 505 prices 1% above the Dubai South (Dubai World Central) median of AED 1,069 per sqft on registered sales.
PIX© Unit History
Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.
1 Bed on Floor 3, MAG 505
- Size
- Record
- Sep 2022 to Aug 2026
- Owners
- 4
- Tenants
- 2
- Price change
- Yield on cost
| Party | Date | Price / RentAED | PSF | vs prior | Held | Note |
|---|---|---|---|---|---|---|
| 2Tenant 2 | 24 Aug 2026 | Renewal Owner 4 | ||||
| 4Owner 4 | 30 Sep 2025 | 12 mo | Current owner Sold with tenant in place Mortgage | |||
| 2Tenant 2 | 24 Aug 2025 | 12 mo | Renewal Owner 3 | |||
| 2Tenant 2 | 24 Aug 2024 | 12 mo | Owner 3 | |||
| 3Owner 3 | 12 Jul 2024 | 15 mo | Sold with tenant in place | |||
| 1Tenant 1 | 1 Oct 2022 | 23 mo | Owner 2 | |||
| 2Owner 2 | 14 Sep 2022 | 22 mo | ||||
| Owner 1 · Undisclosed | — | Acquisition date and price not on record |
Your nightly rate and occupancy, against this unit’s registered record.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 347 - 668 sqft | 132 | 568K | 1,083 | ↓1.6% | 41K | 7.2% | |
Studio · Apartment 347 - 437 sqft | 60 | ||||||
1 Bed · Apartment 478 - 657 sqft | 60 | ||||||
2 Bed · Apartment 666 - 668 sqft | 12 |
| Date | Unit No. | Beds | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 16 Jul 2026 | 1 Bed | MAG 505 · Floor 6 | 623 | 690,000 | 1,107 | +115.6% | Standard | Standard Sale | |
| 5 Jun 2026 | Studio | MAG 505 · Floor 1 | 410 | 420,000 | 1,024 | +6.3% | Standard | Standard Sale | |
| 30 Mar 2026 | 2 Bed | MAG 505 · Floor 4 | 666 | 710,000 | 1,065 | +29.1% | Standard | Standard Sale |
| Start Date | Unit No. | Beds | Position | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|---|---|
| 15 Sep 2026 | Studio | MAG 505 · Floor 5 | 360 | 38,000 | 106 | - | Standard | CONTRACT | |
| 1 Sep 2026 | Studio | MAG 505 · Floor 1 | 387 | 36,000 | 93 | - | Entry Level | CERTIFICATE | |
| 25 Aug 2026 | Studio | MAG 505 · Floor 2 | 360 | 34,000 | 94 | - | Entry Level | CONTRACT |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in Dubai South (Dubai World Central)
The closest-priced registered projects in Dubai South (Dubai World Central).
- MAG 560AED 1,082/sqft
- Celestia BAED 1,080/sqft
- MAG 530AED 1,089/sqft
- CelestiaAED 1,070/sqft
- The Pulse Residence PlazaAED 1,069/sqft
- Celestia AAED 1,067/sqft
Common questions about MAG 505
Answered from Dubai Land Department registered transactions.
How much does a property in MAG 505 cost?
Property in MAG 505 sells at a current PIX© price of AED 1,083 per sqft, or about AED 567,671 for a typical unit, based on 174 sales registered with the Dubai Land Department.
Is MAG 505 completed?
Yes. MAG 505 is recorded as completed in the Dubai Land Department project register.
Who is the developer of MAG 505?
MAG 505 is developed by MAG 5 PROPERTY DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in MAG 505?
MAG 505 yields 7.2% gross, calculated from current PIX© rent against current PIX© sale price, across 578 registered Ejari contracts.
How many units are in MAG 505?
MAG 505 holds 132 registered units, per the Dubai Land Department unit register.
Have prices in MAG 505 gone up or down?
Price per sqft has fallen -1.6% over the last 12 months, to AED 1,083, across 174 registered sales.