MAG 505

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

Median, last 12 months

AED 1,114/sqft

AED 907/sqft across the whole record since 2018

Sales in the last year

174 since 2018

Against Dubai South

-32%

Area median AED 1,638/sqft over the same year

Sold before completion

72%

Share of registrations made off-plan

What each size has sold for

Median of every registered sale in MAG 505, by the bedroom count on the registration. Sizes below eight sales are left out rather than shown with a median nobody should rely on.

Size	Median price	Typical size	Per area	Sales
studio	AED 380,000	387 sqft	AED 958/sqft	75
1-bed	AED 458,000	515 sqft	AED 878/sqft	82
2-bed	AED 562,000	666 sqft	AED 844/sqft	17

Rent registered across Mag 5 Boulevard

Not MAG 505’s own figure. Ejari records the project on a tenancy, not the building, so this is every new let registered across Mag 5 Boulevard in the twelve months to Sept 2026. Renewals are excluded — they are priced off an older contract under Decree 43’s increase bands, not by today’s market.

Studio

AED 40,000/yr

199 new lets

1-bed

AED 52,800/yr

255 new lets

2-bed

AED 70,000/yr

49 new lets

Price per square foot by year

Median of MAG 505’s own registered sales. Years with fewer than five sales are left out rather than plotted as a point.

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

Recent registered sales

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

Registered	Home	Size	Price	Per area
16 Jul 2026	1 B/R	623 sqft	AED 690,000	AED 1,107/sqft
5 Jun 2026	Studio	410 sqft	AED 420,000	AED 1,024/sqft
30 Mar 2026	2 B/R	666 sqft	AED 710,000	AED 1,065/sqft
20 Jan 2026	1 B/R	478 sqft	AED 600,000	AED 1,255/sqft
3 Dec 2025	Studio	410 sqft	AED 550,000	AED 1,341/sqft
23 Oct 2025	1 B/R	514 sqft	AED 570,000	AED 1,109/sqft
20 Oct 2025

Other buildings in Dubai South

Celestia a 750 Azizi Venice 15 - Building B 696 Celestia B 661 Azizi Venice 14-Building a 583 Azizi Venice 11 580 Azizi Venice 6 - Building A 570 Azizi Venice 14-Building G 494 Azizi Venice 13 ? Building B 487 Azizi Venice 14-Building F 480 Azizi Venice 14-Building E 460 Azizi Venice 10 - Building B 429 Azizi Venice 12 - Building A

Buying in MAG 505?

Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.

Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample

Figures are medians of registered sale prices published by the Dubai Land Department, matched to this building by the name written on each registration. They are what buyers paid, not what sellers are asking. Sizes are as registered.