Studios in MAG 515
Studios in Dubai South. 2 studios sold in the last 12 months; every sale, rent and unit is below.
About the studios in MAG 515
MAG 515 has 60 studios, 45% of its 132 apartments, at 347 to 437 sqft. 2 of the building's 9 sales in the last 12 months were studios. The service charge is AED 17.07 per sqft a year.
2 studios sold in the 12 months to October 2026, at a median of AED 1,210 per sqft. The median sale was AED 478,000, against a median of AED 1,092 per sqft for the building as a whole. 43 contracts registered over the same 12 months rented them for AED 25,000 to 54,000 a year, a gross yield of about 8.4% before the service charge.
- Studios
- 60
- Share of building
- 45%
- Size
- 347–437 sqft
- Last sale
- 19 August 2026
- Building
- MAG 515
Average prices in MAG 515
Studios in MAG 515 sell for around AED 478,000, or AED 1,210 per sqft, 11% more per sqft than the building average. The other types: AED 595,000 for one-beds and AED 728,000 for two-beds.
Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.
Studio 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.
Studio transactions in MAG 515
- CompletedStudio · 436 sqft 19 Aug 2026AED 475,0001,087 /sqft
- CompletedStudio · 360 sqft 25 Jun 2026AED 480,0001,333 /sqft
- CompletedStudio · 436 sqft 19 Aug 2025AED 525,0001,202 /sqft
- CompletedStudio · 386 sqft 10 Jul 2025AED 460,0001,189 /sqft
- CompletedStudio · 436 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
- CompletedStudio · 365 sqft 07 May 2025AED 415,0001,137 /sqft
- CompletedStudio · 436 sqft 12 Mar 2025AED 410,000938 /sqft
- CompletedStudio · 409 sqft 14 Dec 2024AED 425,0001,037 /sqft
Over the last 12 months, MAG 515 has recorded 2 studio sales. Typical homes sold for around AED 478K (about AED 1,210 per sqft) with a median size of 398 sqft.
Studios in MAG 515
60 units- Unit 102Studio · 387 sqftSold AED 390K, Oct 2017
- Unit 103Studio · 365 sqftSold AED 370K, Oct 2018
- Unit 107Studio · 387 sqftSold AED 240K, Mar 2021
- Unit 108Studio · 347 sqftSold AED 360K, Jul 2018
- Unit 115Studio · 410 sqftSold AED 373K, Feb 2018
- Unit 116Studio · 410 sqftSold AED 377K, Aug 2017
- Unit 117Studio · 437 sqftSold AED 400K, Jun 2024
- Unit 118Studio · 437 sqftSold AED 425K, Oct 2024
- Unit 121Studio · 360 sqftSold AED 380K, Aug 2017
- Unit 122Studio · 360 sqftSold AED 480K, Jun 2026
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 studios in numbers
- Across 2 DLD sales in the 12 months to October 2026, the median price in Studios in MAG 515 was AED 1,210 per sqft and the typical home sold for about AED 478K.
- 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 25,000 to 54,000 a year on the 43 contracts registered in the last 12 months.
- Gross rental yield 8.4%: the median rent per sqft over the median sale price per sqft, before service charges.
Source: Dubai Land Department. Updated 1 October 2026.
Questions about studios in MAG 515
How much does a studio in MAG 515 cost?
2 studios sold in the 12 months to October 2026; the median was AED 477,500, or AED 1,210 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 October 2026, from AED 25,000 to 54,000.
What is the rental yield in MAG 515?
About 8.4% gross for studios, 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 347 sqft home that is about AED 5,900 a year.
Who built MAG 515 and when?
MAG; completed in 2020; 6 floors; 132 apartments.
How many studios are there in MAG 515?
60, of 347 to 437 sqft, 45% of the building's 132 apartments.
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