MAG 515
ماج 515195 sales recorded by the Land Department between 2017 and 2026, in Dubai South · part of Mag 5 Boulevard by MAG 5 PROPERTY DEVELOPMENT L.L.C.
AED 1,092/sqft
12 months to 7 October 2026 · AED 920/sqft across the whole record since 2017
6
195 since 2017
—
Too few sales for a comparison.Here: AED 1,092/sqft from 6 resalesDubai South: AED 1,118/sqft from 1,222 resales
64%
Share of sales recorded as off-plan
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
What each size has sold for
Typical prices by the number of bedrooms on the sale record.
| Size | Typical price | Typical floor area | Per sqft | Sales |
|---|---|---|---|---|
| studio | AED 371,280 | 388 sqft | AED 925/sqft | 94 |
| 1-bed | AED 481,300 | 515 sqft | AED 919/sqft | 82 |
| 2-bed | AED 600,000 | 666 sqft | AED 896/sqft | 19 |
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Owners’ association budgets, as recorded
About AED 18.2 per sqft, on record for 2026 by Mag 5 Boulevard, the project this building belongs to.
Middle of the budgets on record · a budget is not a bill.
Reserve fund: a separate line in 3 of the 3 cluster or tower budgets recorded for 2026; the middle of those is AED 2.5/sqft.
Dubai Land Department · association budgets Owners' association budgets, as recorded · a budget figure, not a price. File dated 22 Sep 2026 · synced 24 Sep 2026.
The Land Department’s unit register does not list this building under this name, so no units are shown.
Rent recorded across Mag 5 Boulevard
Not MAG 515’s own figure: every new let recorded in Ejari rent contracts across Mag 5 Boulevard in the twelve months to Oct 2026.
AED 40,000/yr
204 new lets
AED 52,000/yr
245 new lets
AED 68,500/yr
48 new lets
Dubai Land Department · rent contracts Ejari (Dubai's rent registration system) contracts · agreed rents, not advertised ones. File dated 10 Oct 2026 · synced 11 Oct 2026.
Price per square foot by year
The typical price per square foot of MAG 515’s own recorded sales, year by year. A year with fewer than five sales is still shown, with a red (i) that says how few sales it rests on.
- 2017AED 928/sqft51 sales
- 2018AED 912/sqft49 sales
- 2019AED 917/sqft24 sales
- 20201 sale: AED 642/sqft1 sale
- 2021AED 662/sqft6 sales
- 2022AED 694/sqft12 sales
- 2023AED 777/sqft11 sales
- 2024AED 973/sqft19 sales
- 2025AED 1,074/sqft16 sales
- 2026AED 1,092/sqft6 sales
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Recent sales on record
The 20 most recent sales recorded in MAG 515, as published by the Land Department.
| Recorded | Home | Size | Price | Per sqft |
|---|---|---|---|---|
| 19 Aug 2026 | Studio | 437 sqft | AED 475,000 | AED 1,087/sqft |
| 12 Aug 2026 | 1 B/R | 483 sqft | AED 590,000 | AED 1,222/sqft |
| 20 Jul 2026 | 2 B/R | 666 sqft | AED 730,000 | AED 1,096/sqft |
| 26 Jun 2026 | Studio | 360 sqft | AED 480,000 | AED 1,333/sqft |
| 18 May 2026 | 1 B/R | 629 sqft | AED 600,000 | AED 953/sqft |
| 26 Feb 2026 | 2 B/R | 669 sqft | AED 725,000 | AED 1,083/sqft |
| 16 Sept 2025 | 1 B/R | 622 sqft | AED 645,000 | AED 1,036/sqft |
| 19 Aug 2025 | Studio | 437 sqft | AED 525,000 | AED 1,202/sqft |
| 10 Jul 2025 | Studio | 387 sqft | AED 460,000 | AED 1,189/sqft |
| 8 Jul 2025 | Studio | 437 sqft | AED 410,000 | AED 938/sqft |
| 2 Jul 2025 | Studio | 437 sqft | AED 400,000 | AED 916/sqft |
| 16 Jun 2025 | Studio | 360 sqft | AED 430,000 | AED 1,194/sqft |
| 19 May 2025 | 1 B/R | 514 sqft | AED 550,000 | AED 1,070/sqft |
| 7 May 2025 | Studio | 365 sqft | AED 415,000 | AED 1,137/sqft |
| 28 Apr 2025 | 1 B/R | 478 sqft | AED 540,000 | AED 1,129/sqft |
| 19 Mar 2025 | 1 B/R | 514 sqft | AED 615,000 | AED 1,197/sqft |
| 13 Mar 2025 | Studio | 437 sqft | AED 410,000 | AED 938/sqft |
| 21 Feb 2025 | 1 B/R | 478 sqft | AED 560,000 | AED 1,171/sqft |
| 31 Jan 2025 | 1 B/R | 478 sqft | AED 515,000 | AED 1,077/sqft |
| 29 Jan 2025 | 2 B/R | 666 sqft | AED 667,000 | AED 1,002/sqft |
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Other buildings in Dubai South
Dubai Land Department · building register The Land Department's building register. File dated 5 Oct 2026 · synced 5 Oct 2026.
Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.
Seen a listing for this?
Put the asking price beside what comparable homes actually sold for, and check the agent against the Land Department’s register of licensed brokers. Free, no sign-in.
Buying in MAG 515?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the typical price here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to look things up in the Land Department's own systems on the day: the agent's licence, the project's escrow, and its registered status.
The typical prices here are worked out from sale records published by the Dubai Land Department and matched to this building by the name written on each record. They are what buyers paid, not what sellers are asking. Sizes are as recorded.