Building record
MAG 515 Building record · Part of MAG 5 Boulevard · prices, sales and rents
The registered record of this tower, with project context where needed.
Developer: MAG 5 Property Development
Data to 4 November 2026
- Registered sales
- 7
- Last 12 months
- Building ready median
- AED 1,096
- Per sq ft
- Project ready median
- AED 1,134
- Per sq ft
MAG 515 is a building of MAG 5 Boulevard in Dubai South. Dubai Land Department lists the project as completed on 6 February 2020. In the last 12 months, Dubai Land Department registered 7 sales in MAG 515, worth AED 4.1M in total. The number of sales was 68.2% lower than in the 12 months before. The median price of ready homes was 1,096 AED/sqft.
Source: Dubai Land Department open data, published on Dubai Data under the Dubai Data Open Data Licence: registered sales and new rent contracts. Medians use at least 5 transactions.
Prices in MAG 515.
Median registered price, AED per sq ft
Too few registered sales for a monthly price trend.
Project-level context
MAG 515 rents and yields.
Apartment · Studio
- Ready median price
- —
- Median yearly rent
- AED 40K
- Gross yield
- Rent only
Apartment · 1 bed
- Ready median price
- —
- Median yearly rent
- AED 51.6K
- Gross yield
- Rent only
Apartment · 2 beds
- Ready median price
- —
- Median yearly rent
- AED 67K
- Gross yield
- Rent only
Last 12 months. Medians of at least 5 registered sales or new rent contracts; the median price of all sales mixes ready and off-plan. Gross yield is the median new yearly rent over the ready median price, shown where a home type has at least 10 ready sales and 5 new rents (“rent only” otherwise), before service charges and other costs.
Sales and ready prices are this building’s. New rents are the whole project’s: Dubai Land Department rent contracts name the project, not the building. The gross yield divides the project’s rent by this building’s ready median price.
Service charges.
In the area report.
The Dubai South area report ranks the area’s projects by sales, each with its own owners’ association budget per sq ft a year where it publishes one, beside the area median by budget year.
See the Dubai South area reportThe latest registered sales in MAG 515.
| Date | Unit | Size | Price | AED/sqft |
|---|---|---|---|---|
| 30 Oct 2026 | Apartment · Studio · Ready | 437 sqft | AED 520,000 | 1,190 |
| 19 Aug 2026 | Apartment · Studio · Ready | 437 sqft | AED 475,000 | 1,087 |
| 12 Aug 2026 | Apartment · 1 bed · Ready | 483 sqft | AED 590,000 | 1,222 |
| 20 Jul 2026 | Apartment · 2 beds · Ready | 666 sqft | AED 730,000 | 1,096 |
| 26 Jun 2026 | Apartment · Studio · Ready | 360 sqft | AED 480,000 | 1,333 |
| 18 May 2026 | Apartment · 1 bed · Ready | 629 sqft | AED 600,000 | 954 |
| 26 Feb 2026 | Apartment · 2 beds · Ready | 669 sqft | AED 725,000 | 1,084 |
| 16 Sep 2025 | Apartment · 1 bed · Ready | 622 sqft | AED 645,000 | 1,037 |
| 19 Aug 2025 | Apartment · Studio · Ready | 437 sqft | AED 525,000 | 1,201 |
| 10 Jul 2025 | Apartment · Studio · Ready | 387 sqft | AED 460,000 | 1,189 |
30 Oct 2026
ApartmentStudioReady437 sqft
AED 520,0001,190 AED/sqft
19 Aug 2026
ApartmentStudioReady437 sqft
AED 475,0001,087 AED/sqft
12 Aug 2026
Apartment1 bedReady483 sqft
AED 590,0001,222 AED/sqft
20 Jul 2026
Apartment2 bedsReady666 sqft
AED 730,0001,096 AED/sqft
26 Jun 2026
ApartmentStudioReady360 sqft
AED 480,0001,333 AED/sqft
18 May 2026
Apartment1 bedReady629 sqft
AED 600,000954 AED/sqft
26 Feb 2026
Apartment2 bedsReady669 sqft
AED 725,0001,084 AED/sqft
16 Sep 2025
Apartment1 bedReady622 sqft
AED 645,0001,037 AED/sqft
19 Aug 2025
ApartmentStudioReady437 sqft
AED 525,0001,201 AED/sqft
10 Jul 2025
ApartmentStudioReady387 sqft
AED 460,0001,189 AED/sqft
Other towers in this project.
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- MAG 56017 sales in 24 monthsView building
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- MAG 53517 sales in 24 monthsView building
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Questions about MAG 515
What is the price per sq ft in MAG 515?
In the 12 months to 4 November 2026, the median registered sale price of ready homes was 1,096 AED/sqft.
How many homes were sold in MAG 515 in the last 12 months?
In the last 12 months, Dubai Land Department registered 7 sales in MAG 515, worth AED 4.1M in total. The number of sales was 68.2% lower than in the 12 months before. The median price of ready homes was 1,096 AED/sqft. Registered sales to 4 November 2026.
What is the rent in MAG 5 Boulevard?
In the 12 months to 4 November 2026, Apartment · 1 bed was the most rented home type in MAG 5 Boulevard, at a median of AED 51,600 a year over 242 new contracts.
When was MAG 515 completed?
Dubai Land Department lists the project as completed on 6 February 2020.
Where do these figures come from?
From Dubai Land Department open data, published on Dubai Data, to 4 November 2026: registered sales, new rent contracts and the project register. They are registered sales, not a valuation, and not investment advice.
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