Price trends
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in MAG 505 and Dubai South (Dubai World Central).
Key information
Renewal rate:
Mag 505 is a modern residential tower developed by MAG Property Development, strategically located in Dubai South (Dubai World Central). Completed in 2019, the building rises 7 floors and is part of the larger MAG 5 Boulevard community, which is designed to offer affordable, contemporary living in one of Dubai’s fastest-growing districts. The tower features a selection of studios and 1-bedroom apartments, catering to singles, couples, and small families seeking a vibrant yet tranquil lifestyle. With a freehold ownership structure, Mag 505 appeals to both end-users and investors looking for long-term value in a well-connected, master-planned environment.
Mag 505 stands out for its blend of affordability, modern design, and access to a comprehensive suite of amenities. Residents enjoy a community-centric lifestyle with landscaped gardens, recreational facilities, and round-the-clock security, all within a short drive of Dubai’s key business and leisure destinations.
Mag 505 is situated in the heart of Dubai South (Dubai World Central), a rapidly developing district positioned near Al Maktoum International Airport and the Expo City Dubai site. The community is characterized by wide boulevards, green spaces, and a master-planned layout that prioritizes accessibility and convenience. Major highways such as Sheikh Mohammed Bin Zayed Road (E311) and Emirates Road (E611) are easily accessible, connecting residents to the rest of Dubai and beyond.
The tower’s location ensures seamless connectivity for both private vehicle owners and those relying on public transport. Dubai South is served by a growing network of bus routes, and the area’s proximity to key logistics and business hubs makes it ideal for professionals and frequent travelers.
Residents of Mag 505 benefit from dedicated covered parking spaces, ensuring convenience and security for vehicle owners. Visitor parking is available within the community, and additional street parking can be found nearby for guests. The parking facilities are well-maintained and monitored by security personnel.
Mag 505 offers a focused selection of residential units, primarily studios and 1-bedroom apartments. These homes are designed for young professionals, couples, and small families seeking modern, affordable living in a well-connected community. Apartments feature open-plan layouts, contemporary finishes, and private balconies, with many units offering views of landscaped gardens or the wider Dubai South district. The building’s design emphasizes functionality, natural light, and efficient use of space, making it attractive for both end-users and investors.
Studio apartments in Mag 505 are compact yet thoughtfully designed, typically ranging from 350 to 450 square feet. These units feature open-plan living and sleeping areas, a modern kitchenette, and a well-appointed bathroom. Many studios include a balcony, providing additional outdoor space and natural light. The efficient layout is ideal for singles or young professionals seeking affordability without compromising on quality.
1-bedroom apartments in Mag 505 offer a comfortable living experience, with sizes typically ranging from 470 to 600 square feet. These units feature a spacious bedroom with built-in wardrobes, an ensuite bathroom, and a bright living and dining area. Most 1-bedroom apartments include a balcony, perfect for enjoying community views. Kitchens are either open or semi-open, equipped with modern cabinetry and fittings. The layout is designed to maximize space and functionality, making these apartments suitable for singles, couples, or small families.
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in MAG 505 and Dubai South (Dubai World Central).
| Type | Avg. Price (AED/ year) |
|---|---|
| Studio | 40,000 |
| 1 Bedroom | 51,000 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in MAG 505 and Dubai South (Dubai World Central).
The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.
Explore properties in MAG 505 that match your interest
See All