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Dubai South

MAG 505

174 sales recorded by the Land Department between 2018 and 2026, in Dubai South · part of Mag 5 Boulevard by MAG 5 PROPERTY DEVELOPMENT L.L.C.

Typical price, last 12 months

AED 1,109/sqft

12 months to 7 October 2026 · AED 907/sqft across the whole record since 2018

Sales, 12 months to 7 October 2026

7

174 since 2018

Completed homes vs Dubai South

—

Too few sales for a comparison.Here: AED 1,109/sqft from 7 resalesDubai South: AED 1,118/sqft from 1,222 resales

Sold before completion

72%

Share of sales recorded as off-plan

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

What each size has sold for

Typical prices by the number of bedrooms on the sale record.

SizeTypical priceTypical floor areaPer sqftSales
studioAED 380,000387 sqftAED 958/sqft75
1-bedAED 458,000515 sqftAED 878/sqft82
2-bedAED 562,000666 sqftAED 844/sqft17

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Owners’ association budgets, as recorded

About AED 18.2 per sqft, on record for 2026 by Mag 5 Boulevard, the project this building belongs to.

Middle of the budgets on record · a budget is not a bill.

Reserve fund: a separate line in 3 of the 3 cluster or tower budgets recorded for 2026; the middle of those is AED 2.5/sqft.

Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.

The Land Department’s unit register does not list this building under this name, so no units are shown.

Rent recorded across Mag 5 Boulevard

Not MAG 505’s own figure: every new let recorded in Ejari rent contracts across Mag 5 Boulevard in the twelve months to Oct 2026.

Studio

AED 40,000/yr

204 new lets

1-bed

AED 52,000/yr

245 new lets

2-bed

AED 68,500/yr

48 new lets

Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.

Price per square foot by year

The typical price per square foot of MAG 505’s own recorded sales, year by year. A year with fewer than five sales is still shown, with a red (i) that says how few sales it rests on.

  • 2018AED 918/sqft87 sales
  • 2019AED 849/sqft29 sales
  • 2020AED 918/sqft9 sales
  • 2021AED 701/sqft5 sales
  • 2022AED 714/sqft10 sales
  • 2023AED 721/sqft9 sales
  • 2024AED 835/sqft12 sales
  • 2025AED 1,120/sqft9 sales
  • 2026AED 1,086/sqft4 sales

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Recent sales on record

The 20 most recent sales recorded in MAG 505, as published by the Land Department.

RecordedHomeSizePricePer sqft
16 Jul 20261 B/R623 sqftAED 690,000AED 1,107/sqft
5 Jun 2026Studio410 sqftAED 420,000AED 1,024/sqft
30 Mar 20262 B/R666 sqftAED 710,000AED 1,065/sqft
20 Jan 20261 B/R478 sqftAED 600,000AED 1,255/sqft
3 Dec 2025Studio410 sqftAED 550,000AED 1,341/sqft
23 Oct 20251 B/R514 sqftAED 570,000AED 1,109/sqft
20 Oct 20252 B/R668 sqftAED 770,000AED 1,153/sqft
30 Sept 20251 B/R638 sqftAED 714,000AED 1,120/sqft
22 Aug 20251 B/R638 sqftAED 650,000AED 1,019/sqft
16 Jul 20251 B/R483 sqftAED 550,000AED 1,139/sqft
31 Jan 20252 B/R668 sqftAED 700,000AED 1,048/sqft
15 Jan 2025Studio437 sqftAED 495,000AED 1,133/sqft
6 Jan 20251 B/R628 sqftAED 620,000AED 987/sqft
18 Nov 2024Studio437 sqftAED 350,000AED 801/sqft
18 Nov 20241 B/R514 sqftAED 495,000AED 963/sqft
10 Oct 20241 B/R638 sqftAED 537,000AED 842/sqft
27 Sept 20241 B/R483 sqftAED 530,000AED 1,097/sqft
29 Aug 20242 B/R668 sqftAED 630,000AED 943/sqft
12 Jul 20241 B/R638 sqftAED 495,000AED 776/sqft
5 Jul 20241 B/R638 sqftAED 495,000AED 776/sqft

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

Other buildings in Dubai South

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Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

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The typical prices here are worked out from sale records published by the Dubai Land Department and matched to this building by the name written on each record. They are what buyers paid, not what sellers are asking. Sizes are as recorded.