MAG 515
Studios to two-beds in Dubai South. 1 apartment sold in the last 12 months; every sale, rent and unit is below.
About MAG 515
MAG 515 is a mid-rise residential building in the MAG 5 Boulevard cluster within the Residential District of Dubai South. Set near the junction of Emirates Road and Expo Road, the address offers a contemporary, community-focused living environment on the city’s rapidly developing southern side, a short drive from Al Maktoum International Airport and Expo City Dubai. The seven-storey tower features freehold studio, one and two-bedroom apartments. Homes are laid out for practical urban living, generally finished in modern, neutral palettes with built-in wardrobes and open-plan kitchens; many units come with fitted appliances. As part of a larger multi-building development by a major local developer, the overall setting feels cohesive, with mid-rise blocks arranged around landscaped internal streets and communal spaces. Day-to-day convenience is supported by on-site and nearby amenities. Residents have access to a gym and swimming pool, as well as jogging tracks, landscaped gardens and dedicated barbecue areas within the wider MAG 5 Boulevard community. A small retail component in the cluster helps cover essentials, and covered parking, high-speed elevators and 24-hour security are standard building features. Connectivity is primarily by car, with quick links to Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311), facilitating commutes to key employment hubs in the wider Dubai South area and beyond. Expo City’s attractions and facilities are within easy reach, while larger destination leisure venues lie further west toward the Dubai-Abu Dhabi corridor. Public transport options in the immediate vicinity are limited compared with central districts, so most residents rely on private cars or ride-hailing. Overall, MAG 515 suits those seeking straightforward, modern apartments in a planned community environment with practical amenities and strong highway access, especially professionals and young families connected to the airport, logistics and emerging business zones in Dubai South.
132 apartments over 6 floors: 59 studios of 347 to 437 sqft, 59 one-beds of 478 to 657 sqft and 12 two-beds of 665 to 669 sqft. The service charge is AED 17.07 per sqft a year.
1 apartment sold in the 12 months to February 2026, at a median of AED 67 per sqft. 22 rental contracts were registered over the same 12 months, at a typical AED 43,000 a year.
- Developer
- MAG
- Completed
- 2020
- Floors
- 6
- Units
- 132
- Unit types
- Studio to 2-bed
Average prices in MAG 515
- 1-bed32,436
In MAG 515, typical sale prices over the last 12 months were around AED 32,000 for one-beds.
Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.
Price history in MAG 515
Every registered sale in the last 12 months; the dashed line is the trend within those 12 months, grey dots are flagged outliers left out of it.
Transaction history in MAG 515
- Completed1-bed · 478 sqft 14 Jan 2026AED 32,43668 /sqft
- Completed622 sqft 16 Sep 2025AED 645,0001,036 /sqft
- Completed436 sqft 19 Aug 2025AED 525,0001,202 /sqft
- CompletedStudio · 386 sqft 10 Jul 2025AED 460,0001,189 /sqft
- Completed436 sqft 08 Jul 2025AED 410,000938 /sqft
- CompletedStudio · 436 sqft 02 Jul 2025AED 400,000916 /sqft
- CompletedStudio · 360 sqft 16 Jun 2025AED 430,0001,194 /sqft
- Completed1-bed · 513 sqft 16 May 2025AED 550,0001,070 /sqft
- CompletedStudio · 365 sqft 07 May 2025AED 415,0001,137 /sqft
- Completed1-bed · 478 sqft 28 Apr 2025AED 540,0001,129 /sqft
Over the last 12 months, MAG 515 has recorded 1 apartment sale. Typical homes sold for around AED 32K (about AED 67 per sqft) with a median size of 478 sqft; most were one-beds.
Units in MAG 515
132 units- Unit 1011-bed · 628 sqftSold AED 400K, Feb 2022
- Unit 102Studio · 387 sqftSold AED 390K, Oct 2017
- Unit 103Studio · 365 sqftSold AED 370K, Oct 2018
- Unit 1041-bed · 478 sqftSold AED 444K, Jul 2017
- Unit 1052-bed · 669 sqftSold AED 228K, Dec 2022
- Unit 1061-bed · 483 sqftSold AED 480K, Jul 2018
- Unit 107Studio · 387 sqftSold AED 240K, Mar 2021
- Unit 108Studio · 347 sqftSold AED 360K, Jul 2018
- Unit 1091-bed · 478 sqftSold AED 32K, Jan 2026
- Unit 1102-bed · 665 sqftSold AED 580K, Sep 2018
Every unit in MAG 515, by number
- 101
- 102
- 103
- 104
- 105
- 106
- 107
- 108
- 109
- 110
- 111
- 112
- 113
- 114
- 115
- 116
- 117
- 118
- 119
- 120
- 121
- 122
- 201
- 202
- 203
- 204
- 205
- 206
- 207
- 208
- 209
- 210
- 211
- 212
- 213
- 214
- 215
- 216
- 217
- 218
- 219
- 220
- 221
- 222
- 301
- 302
- 303
- 304
- 305
- 306
- 307
- 308
- 309
- 310
- 311
- 312
- 313
- 314
- 315
- 316
- 317
- 318
- 319
- 320
- 321
- 322
- 401
- 402
- 403
- 404
- 405
- 406
- 407
- 408
- 409
- 410
- 411
- 412
- 413
- 414
- 415
- 416
- 417
- 418
- 419
- 420
- 421
- 422
- 501
- 502
- 503
- 504
- 505
- 506
- 507
- 508
- 509
- 510
- 511
- 512
- 513
- 514
- 515
- 516
- 517
- 518
- 519
- 520
- 521
- 522
- 601
- 602
- 603
- 604
- 605
- 606
- 607
- 608
- 609
- 610
- 611
- 612
- 613
- 614
- 615
- 616
- 617
- 618
- 619
- 620
- 621
- 622
Nearby buildings in Dubai South
All 125 →| Building | Completed | Sale /sqft | Rent /sqft | Yield |
|---|---|---|---|---|
| MAG 520 | 2020 | AED 1,233 | AED 93 | 7.6% |
| MAG 510 | 2020 | AED 1,235 | AED 107 | 8.7% |
| MAG 560 | 2020 | AED 1,121 | AED 97 | 8.7% |
| MAG 555 | 2020 | AED 1,315 | AED 98 | 7.4% |
| MAG 525 | 2020 | AED 1,140 | AED 80 | 7.0% |
| MAG 565 | 2020 | AED 1,206 | AED 96 | 7.9% |
| MAG 505 | 2020 | AED 1,297 | AED 97 | 7.5% |
| MAG 550 | 2020 | AED 1,124 | AED 80 | 7.1% |
| South Living | 2020 | Few sales | ||
| MAG 530 | 2020 | AED 1,137 | AED 78 | 6.8% |
MAG 515 in numbers
- Across 1 DLD sale in the 12 months to February 2026, the median price in MAG 515 was AED 67 per sqft and the typical home sold for about AED 32K.
- Completed in 2020 by MAG; 6 floors of studios to two-beds; service charge AED 17.07 per sqft a year.
- A studio of 347 to 437 sqft rents for AED 27,500 to 42,000 a year on the 11 contracts registered in the last 12 months.
- Gross rental yield 144.0%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 10 February 2026.
Questions about MAG 515
How much does an one-bed in MAG 515 cost?
1 one-bed sold in the 12 months to February 2026; the median was AED 32,436, or AED 67 per sqft.
How much is a studio for rent in MAG 515?
About AED 37,000 a year: that is the median of the 11 contracts for studios registered with Ejari in the 12 months to February 2026, from AED 27,500 to 42,000.
What is the rental yield in MAG 515?
About 144.0% gross across the building, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.
What is the service charge in MAG 515?
AED 17.07 per sqft a year. For a typical 478 sqft home that is about AED 8,200 a year.
Who built MAG 515 and when?
MAG; completed in 2020; 6 floors; 132 apartments.
How many apartments are there in MAG 515?
132, studios to two-beds. Each has its own page with its full sales and rental history.
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