MAG 515
Studios to two-beds in Dubai South. 9 apartments sold in the last 12 months; every sale, rent and unit is below.
About MAG 515
MAG 515 is an apartment building in Dubai South, completed in 2020 by MAG. It has six storeys and 132 apartments, ranging from studios to two-bedroom units of 347 to 669 sq ft. It stands among other MAG buildings, including MAG 520, MAG 510 and MAG 560. Day-to-day needs are close by. Talal Market is within walking distance (about 200 m), as are Cherry Tree Nursery (about 500 m) and the SPI Sport Performance Institute (about 600 m). A splash park is about 700 m away, and Al Noor South Polyclinic is about 1.1 km away. Pulse Mall, listed as upcoming, is about 1.3 km away.
132 apartments over 6 floors: 60 studios of 347 to 437 sqft, 60 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.
9 apartments sold in the 12 months to November 2026, at a median of AED 1,092 per sqft. Most of the trading is in one-beds: 5 of the 9 sales, at AED 590,000 to 600,000. 89 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
In MAG 515, typical sale prices over the last 12 months were around AED 478,000 for studios, AED 595,000 for one-beds and AED 728,000 for two-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, grey dots are flagged outliers left out of it.
Transaction history in MAG 515
- CompletedStudio · 436 sqft 19 Aug 2026AED 475,0001,087 /sqft
- Completed1-bed · 482 sqft 12 Aug 2026AED 590,0001,222 /sqft
- Completed1-bed · 513 sqft 05 Aug 2026AED 24,75448 /sqft
- Completed1-bed · 478 sqft 22 Jul 2026AED 21,04344 /sqft
- Completed2-bed · 665 sqft 20 Jul 2026AED 730,0001,096 /sqft
- CompletedStudio · 360 sqft 25 Jun 2026AED 480,0001,333 /sqft
- Completed1-bed · 629 sqft 18 May 2026AED 600,000953 /sqft
- Completed2-bed · 669 sqft 26 Feb 2026AED 725,0001,083 /sqft
- Completed1-bed · 478 sqft 14 Jan 2026AED 32,43668 /sqft
- Completed1-bed · 622 sqft 16 Sep 2025AED 645,0001,036 /sqft
Over the last 12 months, MAG 515 has recorded 9 apartment sales. Typical homes sold for around AED 595K (about AED 1,092 per sqft) with a median size of 556 sqft; most were one-beds, from roughly AED 475K to AED 730K.
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 21K, Jul 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 1,180 | AED 93 | 7.9% |
| MAG 510 | 2020 | AED 1,213 | AED 93 | 7.7% |
| MAG 560 | 2020 | AED 1,085 | AED 92 | 8.5% |
| MAG 555 | 2020 | AED 1,265 | AED 98 | 7.7% |
| MAG 525 | 2020 | AED 1,117 | AED 80 | 7.1% |
| MAG 565 | 2020 | AED 1,206 | AED 93 | 7.8% |
| MAG 505 | 2020 | AED 1,107 | AED 93 | 8.4% |
| MAG 550 | 2020 | AED 1,062 | AED 81 | 7.6% |
| South Living | 2020 | Few sales | ||
| MAG 530 | 2020 | AED 1,133 | AED 78 | 6.9% |
MAG 515 in numbers
- Across 9 DLD sales in the 12 months to November 2026, the median price in MAG 515 was AED 1,092 per sqft and the typical home sold for about AED 595K.
- Completed in 2020 by MAG; 6 floors of studios to two-beds; service charge AED 17.07 per sqft a year.
- One-beds of 478 to 657 sqft sold for AED 590,000 to 600,000 between January 2026 and August 2026, a median AED 1,087 per sqft.
- A studio of 347 to 437 sqft rents for AED 25,000 to 54,000 a year on the 43 contracts registered in the last 12 months.
- Gross rental yield 8.8%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 1 November 2026.
Questions about MAG 515
How much does an one-bed in MAG 515 cost?
5 one-beds sold in the 12 months to November 2026, for AED 590,000 to 600,000; the median was AED 595,000, or AED 1,087 per sqft.
How much is a studio for rent in MAG 515?
About AED 40,000 a year: that is the median of the 43 contracts for studios registered with Ejari in the 12 months to November 2026, from AED 25,000 to 54,000.
What is the rental yield in MAG 515?
About 8.8% 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 556 sqft home that is about AED 9,500 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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