Building record
MAG 505 Building record · Part of MAG 5 Boulevard · prices, sales and rents
The registered record of this tower, with project context where needed.
Developer: MAG 5 Property Development
Data to 4 November 2026
- Registered sales
- 5
- Last 12 months
- Building ready median
- AED 1,108
- Per sq ft
- Project ready median
- AED 1,134
- Per sq ft
MAG 505 is a building of MAG 5 Boulevard in Dubai South. Dubai Land Department lists the project as completed on 6 February 2020. In the last 12 months, Dubai Land Department registered 5 sales in MAG 505, worth AED 3M in total. The median price of ready homes was 1,108 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
Prices in MAG 505.
Median registered price, AED per sq ft
Too few registered sales for a monthly price trend.
Project-level context
MAG 505 rents and yields.
Apartment · Studio
- Ready median price
- —
- Median yearly rent
- AED 40K
- Gross yield
- Rent only
Apartment · 1 bed
- Ready median price
- —
- Median yearly rent
- AED 51.6K
- Gross yield
- Rent only
Apartment · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 67K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Sales and ready prices are this building’s. New rents are the whole project’s: Dubai Land Department rent contracts name the project, not the building. The gross yield divides the project’s rent by this building’s ready median price.
Service charges.
In the area report.
The Dubai South area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Dubai South area reportThe latest registered sales in MAG 505.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 16 Jul 2026 | Apartment · 1 bed · Ready | 623 sqft | AED 690,000 | 1,108 |
| 5 Jun 2026 | Apartment · Studio · Ready | 410 sqft | AED 420,000 | 1,024 |
| 30 Mar 2026 | Apartment · 2 beds · Ready | 666 sqft | AED 710,000 | 1,066 |
| 20 Jan 2026 | Apartment · 1 bed · Ready | 478 sqft | AED 600,000 | 1,255 |
| 3 Dec 2025 | Apartment · Studio · Ready | 410 sqft | AED 550,000 | 1,341 |
| 23 Oct 2025 | Apartment · 1 bed · Ready | 514 sqft | AED 570,000 | 1,109 |
| 20 Oct 2025 | Apartment · 2 beds · Ready | 668 sqft | AED 770,000 | 1,153 |
| 30 Sep 2025 | Apartment · 1 bed · Ready | 638 sqft | AED 714,000 | 1,119 |
| 22 Aug 2025 | Apartment · 1 bed · Ready | 638 sqft | AED 650,000 | 1,019 |
| 16 Jul 2025 | Apartment · 1 bed · Ready | 483 sqft | AED 550,000 | 1,139 |
16 Jul 2026
Apartment1 bedReady623 sqft
AED 690,0001,108 AED/sqft
5 Jun 2026
ApartmentStudioReady410 sqft
AED 420,0001,024 AED/sqft
30 Mar 2026
Apartment2 bedsReady666 sqft
AED 710,0001,066 AED/sqft
20 Jan 2026
Apartment1 bedReady478 sqft
AED 600,0001,255 AED/sqft
3 Dec 2025
ApartmentStudioReady410 sqft
AED 550,0001,341 AED/sqft
23 Oct 2025
Apartment1 bedReady514 sqft
AED 570,0001,109 AED/sqft
20 Oct 2025
Apartment2 bedsReady668 sqft
AED 770,0001,153 AED/sqft
30 Sep 2025
Apartment1 bedReady638 sqft
AED 714,0001,119 AED/sqft
22 Aug 2025
Apartment1 bedReady638 sqft
AED 650,0001,019 AED/sqft
16 Jul 2025
Apartment1 bedReady483 sqft
AED 550,0001,139 AED/sqft
Other towers in this project.
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Questions about MAG 505
What is the price per sq ft in MAG 505?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,108 AED/sqft.
How many homes were sold in MAG 505 in the last 12 months?
In the last 12 months, Dubai Land Department registered 5 sales in MAG 505, worth AED 3M in total. The median price of ready homes was 1,108 AED/sqft. Registered sales to 4 November 2026.
What is the rent in MAG 5 Boulevard?
In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in MAG 5 Boulevard, at a median of AED 51,600 a year over 242 new contracts.
When was MAG 505 completed?
Dubai Land Department lists the project as completed on 6 February 2020.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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