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Ready building · MAG

MAG 505, Dubai South

Highlights

MAG 505 at a glance

About MAG 505

MAG 505 is a residential building in Dubai South, Dubai, developed by MAG. It holds about 132 units: studios, 1-bedroom apartments, 2-bedroom apartments. Depending on the unit, windows look out over Community.

The building was completed in 2020 and has been in use for about 6 years. 6 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,066 per sq ft.

In a nutshell

  • A residential ready building
  • Located in Dubai South, Dubai
  • Developed by MAG
  • Completed in Q1 2020
  • Unit types: Studio, 1 Bed, 2 Beds
  • Sizes from 350 to 670 sq ft
  • Views: Community View
  • Service charge from AED 17.92 per sq ft
  • Expo 2020 metro station 5.1 km away
Статус
Готово
Девелопер
MAG
Местоположение
Dubai South, Dubai
Завершено
Q1 2020
Типы объектов
Studio, 1 Bed, 2 Beds
Prices from
AED 252.0K
Медианная цена за sq ft
AED 1,066
Median gross yield
7.8%
Сервисный сбор
AED 17.92 per sq ft (2026)
Nearest metro
Expo 2020, 5.1 km

Photos of MAG 505

Building details

Inside MAG 505

Properties in MAG 505

Studios in MAG 505

There are about 60 of these in MAG 505, from 350 to 440 sq ft. They have recently sold for a median of AED 420.0K, or AED 1,020 per sq ft.

1-bedroom apartments in MAG 505

There are about 60 of these in MAG 505, from 480 to 660 sq ft. They have recently sold for a median of AED 645.0K, or AED 1,180 per sq ft. Owners who resold made a median 8% over what they paid.

2-bedroom apartments in MAG 505

There are about 12 of these in MAG 505, from 670 sq ft. They have recently sold for a median of AED 710.0K, or AED 1,070 per sq ft.

Unit types in MAG 505 with sizes, median prices and rents
Тип объектаОбъектыПлощадьМедианная ценаMedian rent
Студия60350 sqft32.5 sqmt – 440 sqft40.9 sqmtAED 420KAED 32K
1 Bed60480 sqft44.6 sqmt – 660 sqft61.3 sqmtAED 645KAED 45.5K
2 Beds12670 sqft62.2 sqmtAED 710K–

Recent transactions in MAG 505

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 690K

    AED 1,108 /sqftAED 11,926 /sqmt

    ГотовоКвартира
    623 sqft57.9 sqmt1 BedВладелец16 Jul 2026

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 420K

    AED 1,024 /sqftAED 11,022 /sqmt

    ГотовоКвартира
    410 sqft38.1 sqmtСтудияВладелец5 Jun 2026

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 710K

    AED 1,066 /sqftAED 11,474 /sqmt

    ГотовоКвартира
    666 sqft61.9 sqmt2 BedsВладелец30 Mar 2026

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 600K

    AED 1,255 /sqftAED 13,509 /sqmt

    ГотовоКвартира
    478 sqft44.4 sqmt1 BedВладелец20 Jan 2026

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 550K

    AED 1,341 /sqftAED 14,434 /sqmt

    ГотовоКвартира
    410 sqft38.1 sqmtСтудияВладелец3 Dec 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 570K

    AED 1,109 /sqftAED 11,937 /sqmt

    ГотовоКвартира
    514 sqft47.8 sqmt1 BedВладелец22 Oct 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 770K

    AED 1,153 /sqftAED 12,411 /sqmt

    ГотовоКвартира
    668 sqft62.1 sqmt2 BedsВладелец20 Oct 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 714K

    AED 1,119 /sqftAED 12,045 /sqmt

    ГотовоКвартира
    638 sqft59.3 sqmt1 BedВладелец30 Sept 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 650K

    AED 1,019 /sqftAED 10,968 /sqmt

    ГотовоКвартира
    638 sqft59.3 sqmt1 BedВладелец22 Aug 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 550K

    AED 1,139 /sqftAED 12,260 /sqmt

    ГотовоКвартира
    483 sqft44.9 sqmt1 BedВладелец16 Jul 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 700K

    AED 1,048 /sqftAED 11,281 /sqmt

    ГотовоКвартира
    668 sqft62.1 sqmt2 BedsВладелец31 Jan 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 495K

    AED 1,133 /sqftAED 12,196 /sqmt

    ГотовоКвартира
    437 sqft40.6 sqmtСтудияВладелец15 Jan 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 620K

    AED 987 /sqftAED 10,624 /sqmt

    ГотовоКвартира
    628 sqft58.3 sqmt1 BedВладелец4 Jan 2025

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 350K

    AED 801 /sqftAED 8,622 /sqmt

    ГотовоКвартира
    437 sqft40.6 sqmtСтудияВладелец18 Nov 2024

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 495K

    AED 963 /sqftAED 10,366 /sqmt

    ГотовоКвартира
    514 sqft47.8 sqmt1 BedВладелец18 Nov 2024

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 537K

    AED 842 /sqftAED 9,063 /sqmt

    ГотовоКвартира
    638 sqft59.3 sqmt1 BedВладелец10 Oct 2024

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 530K

    AED 1,097 /sqftAED 11,808 /sqmt

    ГотовоКвартира
    483 sqft44.9 sqmt1 BedВладелец27 Sept 2024

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 630K

    AED 943 /sqftAED 10,150 /sqmt

    ГотовоКвартира
    668 sqft62.1 sqmt2 BedsВладелец29 Aug 2024

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 495K

    AED 776 /sqftAED 8,353 /sqmt

    ГотовоКвартира
    638 sqft59.3 sqmt1 BedВладелец12 Jul 2024

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 32K/yr

    КвартираПродление
    347 sqft32.2 sqmtСтудиядо

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 45K/yr

    КвартираНовый договор
    483 sqft44.9 sqmt1 Bedдо

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 54K/yr

    КвартираПродление
    629 sqft58.4 sqmt1 Bedдо

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 46K/yr

    КвартираНовый договор
    478 sqft44.4 sqmt1 Bedдо

  • MAG 505, MAG 5 Boulevard

    Дубай Саут

    AED 30K/yr

    КвартираПродление
    478 sqft44.4 sqmt1 Bedдо

Every sale in MAG 505Every rent contract in MAG 505

Service charges in MAG 505

The 2026 service charge in MAG 505 is AED 17.92 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in MAG 505
Тип объектаRate per sq ftПлощадьYearly charge
1 Bed Apartment (2026)AED 17.92480 sqft44.6 sqmt – 660 sqft61.3 sqmtAED 8,602 – AED 11,827
2 Beds Apartment (2026)AED 17.92670 sqft62.2 sqmtAED 12,006 – AED 12,006
Studio Apartment (2026)AED 17.92350 sqft32.5 sqmt – 440 sqft40.9 sqmtAED 6,272 – AED 7,885

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around MAG 505

Transportation near MAG 505

The nearest Dubai Metro station from MAG 505 is Expo 2020 (red line, 5.1 km, about 12 min drive), then Dubai Investment Park (red line, 6.6 km, about 15 min drive). Stations planned on new lines nearby include Jumeirah Golf Estates Interchange (golden line, 7.2 km, about 16 min drive). Most residents will drive or take a taxi to the metro.

  • Expo 2020Red line · 5.1 km · about 12 min drive
  • Dubai Investment ParkRed line · 6.6 km · about 15 min drive
  • Jumeirah Golf Estates InterchangeGolden line · 7.2 km · about 16 min drive
  • Джумейра Гольф ЭстейтсRed line · 7.2 km · about 16 min drive

Shopping and groceries near MAG 505

The closest is Spinneys / Green Community (Located in Emirates Road), 6 km from MAG 505 (about 14 min drive).

  • Spinneys / Green Community (Located in Emirates Road)Supermarket · 6 km · about 14 min drive

Schools near MAG 505

The nearest is GEMS Founders School DS DWC-LLC, 2 km away. Ratings are the KHDA's latest inspection grades.

  • GEMS Founders School DS DWC-LLCUK · KHDA: Not inspected yet · 2 km
  • Greenfield International SchoolInternational Baccalaureate · KHDA: Very good · 2.9 km
  • The International School of Choueifat (Branch)SABIS (UK/US) · KHDA: Acceptable · 4.9 km
  • Bright Riders SchoolIndian · KHDA: Good · 5 km
  • Al Nibras International Private SchoolAmerican · KHDA: Good · 5.1 km
  • Dove Green Private School L.L.CUK · KHDA: Good · 5.8 km

Things to consider about MAG 505

In its favour

  • Owners who resold have made money: a median gain of up to 8%.
  • A median gross yield of 7.8% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • The nearest running metro station is 5.1 km away, so a car helps.

Specialists

Brokers who know MAG 505

These brokers handle sales and lettings in MAG 505 and can tell you what is available now.

Часто задаваемые вопросы

MAG 505: questions answered

MAG 505 was developed by MAG in Dubai South.

MAG 505 is completed in Q1 2020.

Across its 19 most recent registered sales, MAG 505 sold for a median of AED 1,066 per sq ft and AED 570.0K per unit.

Recent yearly contracts in MAG 505 have a median rent of AED 45.0K.

The median gross yield on recently sold units in MAG 505 is 7.8%: the rent the unit earned over its purchase price, before costs.

The 2026 service charge for residential units in MAG 505 is AED 17.92 per sq ft a year, as registered with the Dubai Land Department.

MAG 505 has Studio (350 to 440 sq ft), 1 Bed (480 to 660 sq ft), 2 Beds (670 sq ft).

Expo 2020 is about 5.1 km from MAG 505.

The nearest schools include GEMS Founders School DS DWC-LLC (2 km), Greenfield International School (2.9 km), The International School of Choueifat (Branch) (4.9 km).

Buying, selling or renting in MAG 505?

A broker who works Dubai South will tell you what is available and what comparable homes went for.

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