MAG 515Completed 2023AED 1,092 per sq ft ▲ 4% in a year resale, 6 sales
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Home › Dubai South (Dubai World Central) › Residential towers › Residential District › MAG 515
Building facade with balconies and parked cars
Building facade with balconies and parked cars. Photo: K, Google Maps
Entry-level residential project of 13 towers built by MAG Property Development, handed over in 2023, with 6 floors, 132 units, 69 resales and 1 off-plan sale since 2020

MAG 515, Dubai South (Dubai World Central) · by MAG Property Development

Too few recent sales in MAG 515 to give a price

6 market sales in the 12 months to 19 Oct 2026; 70 sales on record since 2020. A median needs at least 5.

The project
It holds 528 units: studios and one-, two- and three-bedroom apartments. The design focuses on simple forms and efficient use of space. The project has resort-style gardens and an inner street. Sources: mag.global
The market says
6 resales in 12 months at AED 1,092 per sq ft (+4% in a year); a higher price than 18% of Dubai South (Dubai World Central) towers; owners who sold gained 10.7% a year and 0% sold at a loss.
James Paul Booth
The agent's view
“Owners who sold in MAG 515 made 10.7% a year, and none of the 9 on record sold at a loss. For me that is a strong record for Dubai South (Dubai World Central). Pay for the right view and layout.”
James Paul Booth, Dubai broker since 2018. A personal view. Not financial advice.
Ask James a question about this page
Renting, or buying to let? Signed rents across the area: rent prices on RENT DUBAI →
Size
6 floors · 132 units
Google rating
4.2 (11 ratings)
Shops and food
1 in the building · 2 places to eat within 300 m
54 units with a sale on record since 2020.
0sales in the last 30 days: 0 resale, 0 off-plan
0for sale now
0 monthsto sell the homes now listed, at the last year's pace
AIWritten by Dalia, an AI data analyst. Data to 19 Oct 2026. Built 21 Oct 2026.

Pictures of MAG 515

Building facade with balconies and parked cars
Building facade with balconies and parked cars
Photo: K, Google Maps
MAG 515 building seen from the car park
MAG 515 building seen from the car park
Photo: Dhanil KD, Google Maps
Window view of garden and MAG 560
Window view of garden and MAG 560
Photo: Nizar Safadi, Google Maps

8 pictures of this building: developer renders, photos. Each shows its source; select one to open it there. A drawing is made by BUY DUBAI from real pictures and is marked as a drawing.

From the developer: MAG 5 Property Development L.L.C

What MAG 5 Property Development L.L.C publishes about MAG 515. Pictures are the developer's artist's impressions, not photos of the building. Each fact shows where it comes from; a fact read from the developer's text is checked word for word.

Living room with sofa, bed and blue accents
Living room with sofa, bed and blue accents
Artist's impression · MAG 5 Property Development L.L.C · source
Towers
13 mag.global
Floors
6 mag.global
Homes
528 mag.global
Unit types
Studio, One-bedroom apartment, Two-bedroom apartment, Three-bedroom apartment mag.global
Location
Dubai South, Dubai mag.global

Documents

Checked, not found: floor plans, a video, a brochure or other PDF. We searched the developer site and the web on 13 Oct 2026. Ask MAG 5 Property Development L.L.C for the latest brochure and floor plans.

Photos: pool, gym, other shared area

4 photos of MAG 515 from Google Maps, each with a label for what it shows. Select a photo to open it on Google Maps.

Large swimming pool with sun loungers and buildings
Pool
Large swimming pool with sun loungers and buildings
Photo: Nizar Safadi, Google Maps
Treadmills and cross trainers facing pool windows
Gym
Treadmills and cross trainers facing pool windows
Photo: Nizar Safadi, Google Maps
Children's play area beside the pool
Other shared area
Children's play area beside the pool
Photo: Nizar Safadi, Google Maps
Landscaped garden path with pool in distance
Other shared area
Landscaped garden path with pool in distance
Photo: Nizar Safadi, Google Maps

MAG 515 on the map

Three views of the same place, from the same direction. The other towers we cover are on all three: click one to open its page.

The map loads when you reach it.

3D: AI picture models of our towers (height and position from the map, detail approximate) and blocks from OpenStreetMap heights.

Resale and off-plan prices by bedroom

Resale = a completed home sold on. Off-plan = a home sold before the tower is complete, by the developer or by an earlier buyer (a Land Department "delayed sell"). The two are different markets, so we never mix them in one price. Sold = median price of sales in the 12 months to 19 Oct 2026. Asking and rent = live listings on 7 Oct 2026. Counts are in brackets. A median needs 5 sales or 3 listings.

TypeResale: sold
Studiounder 5 (2)
1-bedunder 5 (2)
2-bedunder 5 (2)

Rents are asking rents, not registered contracts. Yield = asking rent divided by the median resale price, before service charge.

Sales we leave out of every median, count and chart (0 of 70 here): bulk transfers, meaning 5 or more completed homes sold within two days at prices per sq ft within 25% of each other (0); a sale at exactly the same price as that unit's sale before (0); a size more than 1.6 times the usual size for the recorded type, or a "studio" above 750 sq ft (0). They stay in the list below with a label.

Resale price per sq ft rose 4% in a year

Median AED 1,092 per sq ft in the last 12 months (6 resale sales) against AED 1,045 in the 12 months before (22 resale sales).

2022-Q4: AED 707 per sq ft, 2 sales70722 Q42023-Q1: AED 753 per sq ft, 1 sale75323 Q12023-Q2: AED 777 per sq ft, 1 sale77723 Q22023-Q3: AED 713 per sq ft, 3 sales71323 Q32023-Q4: AED 910 per sq ft, 6 sales91023 Q42024-Q1: AED 778 per sq ft, 2 sales77824 Q12024-Q2: AED 906 per sq ft, 4 sales90624 Q22024-Q3: AED 1,004 per sq ft, 6 sales1,00424 Q32024-Q4: AED 1,034 per sq ft, 7 sales1,03424 Q42025-Q1: AED 1,015 per sq ft, 7 sales1,01525 Q12025-Q2: AED 1,133 per sq ft, 4 sales1,13325 Q22025-Q3: AED 1,036 per sq ft, 5 sales1,03625 Q325 Q42026-Q1: AED 1,083 per sq ft, 1 sale1,08326 Q12026-Q2: AED 1,143 per sq ft, 2 sales1,14326 Q22026-Q3: AED 1,096 per sq ft, 3 sales1,09626 Q32 sales21 sales11 sales13 sales36 sales62 sales24 sales46 sales67 sales77 sales74 sales45 sales50 sales01 sales12 sales23 sales3Median AED per sq ftNumber of sales

Bars: median AED per sq ft by quarter. Blue line and blue numbers under the bars: number of sales in the quarter. Last 16 quarters at most. Grey bars have fewer than 3 sales.

Every sale since 2020: 70 sales of 54 units

Newest first. Each sale is marked Resale or Off-plan. The last column shows the change from the same unit's sale before.

UnitTypeSq ftPriceAED per sq ftDateMarketAgainst the sale before
218Studio437AED 475,0001,08719 Aug 2026Resale+10% from AED 429,999 in 2024
3111-bed483AED 590,0001,22212 Aug 2026Resale
3102-bed666AED 730,0001,09620 Jul 2026Resale
122Studio360AED 480,0001,33325 Jun 2026Resale
6011-bed629AED 600,00095318 May 2026Resale
3052-bed669AED 725,0001,08326 Feb 2026Resale
1131-bed622AED 645,0001,03616 Sep 2025Resale+42% from AED 453,620 in 2022
418Studio437AED 525,0001,20219 Aug 2025Resale+28% from AED 410,000 in 2025
402Studio387AED 460,0001,18910 Jul 2025Resale
418Studio437AED 410,0009388 Jul 2025Resale
617Studio437AED 400,0009162 Jul 2025Resale-2% from AED 410,000 in 2025
522Studio360AED 430,0001,19416 Jun 2025Resale
5191-bed514AED 550,0001,07016 May 2025Resale+15% from AED 477,090 in 2023
303Studio365AED 415,0001,1377 May 2025Resale
3091-bed478AED 540,0001,12928 Apr 2025Resale
3201-bed514AED 615,0001,19719 Mar 2025Resale
617Studio437AED 410,00093812 Mar 2025Resale
5091-bed478AED 560,0001,17121 Feb 2025Resale
4091-bed478AED 515,0001,07731 Jan 2025Resale
5102-bed666AED 667,0001,00229 Jan 2025Resale+10% from AED 608,000 in 2023
6091-bed478AED 410,00085720 Jan 2025Resale
5061-bed483AED 490,0001,0159 Jan 2025Resale
1191-bed514AED 499,99097316 Dec 2024Resale
515Studio410AED 425,0001,03714 Dec 2024Resale+14% from AED 371,280 in 2023
217Studio437AED 415,00095013 Dec 2024Resale
307Studio387AED 400,0001,0344 Dec 2024Resale
1091-bed478AED 600,0001,25528 Nov 2024Resale
517Studio437AED 460,0001,05313 Nov 2024Resale+16% from AED 396,550 in 2023
118Studio437AED 425,00097311 Oct 2024Resale
2141-bed638AED 625,00098026 Sep 2024Resale+35% from AED 463,731 in 2023
4191-bed514AED 550,0001,07030 Aug 2024Resale
516Studio410AED 420,0001,02413 Aug 2024Resale
218Studio437AED 429,9999848 Aug 2024Resale
421Studio360AED 399,0001,10830 Jul 2024Resale
4011-bed628AED 595,0009479 Jul 2024Resale
117Studio437AED 400,0009167 Jun 2024Resale+39% from AED 287,000 in 2021
607Studio389AED 360,0009255 Jun 2024Resale
6052-bed669AED 600,00089624 May 2024Resale+23% from AED 486,600 in 2024
3011-bed628AED 490,00078016 May 2024Resale
6052-bed669AED 486,60072712 Feb 2024Resale+11% from AED 440,000 in 2022
616Studio410AED 340,00082922 Jan 2024Resale
2011-bed628AED 450,0007165 Dec 2023Resale
517Studio437AED 396,55090821 Nov 2023Resale
5191-bed514AED 477,09092821 Nov 2023Resale
515Studio410AED 371,28090621 Nov 2023Resale
5102-bed666AED 608,00091321 Nov 2023Resale
5041-bed478AED 499,0001,0431 Nov 2023Resale
2141-bed638AED 463,73172726 Sep 2023Resale
4141-bed638AED 450,0007067 Sep 2023Resale+29% from AED 350,000 in 2021
6102-bed666AED 475,00071331 Jul 2023Resale
308Studio347AED 270,0007776 Apr 2023Resale
203Studio365AED 275,00075316 Mar 2023Resale+38% from AED 200,000 in 2022
615Studio410AED 300,0007323 Nov 2022Resale
1141-bed638AED 435,00068210 Oct 2022Resale
221Studio360AED 260,00072212 Sep 2022Resale+4% from AED 250,000 in 2022
222Studio360AED 265,0007361 Sep 2022Resale+6% from AED 250,000 in 2022
315Studio410AED 375,0009153 Aug 2022Off-plan
6052-bed669AED 440,00065715 Jun 2022Resale
221Studio360AED 250,0006946 Jun 2022Resale
222Studio360AED 250,0006946 Jun 2022Resale
203Studio365AED 200,00054825 May 2022Resale
1131-bed622AED 453,6207295 Apr 2022Resale
1011-bed628AED 400,00063718 Feb 2022Resale
117Studio437AED 287,0006572 Sep 2021Resale
608Studio349AED 275,00078829 Jul 2021Resale
4052-bed669AED 469,38870112 Jul 2021Resale
2052-bed669AED 445,91966614 Apr 2021Resale
4141-bed638AED 350,0005496 Apr 2021Resale
107Studio387AED 240,00062016 Mar 2021Resale
502Studio389AED 250,0006429 Sep 2020Resale

The official record

Checked, not found. We could not match this tower to a building name in the Dubai Land Department register, so sales before 2020, offices, shops, mortgages and gifts are not shown.

Get a message when something changes in MAG 515
Sales, price cuts, new adverts, rents and news, on WhatsApp. You choose what and how often.
Sales alert

Which side faces what

The direction of each landmark from MAG 515, and the towers within 150 m that can stand in the way. What a home really sees depends on its floor and its side of the building. We do not have the unit positions for this tower yet, so we cannot tell you the view of one unit.

SideWhat lies that way
NorthBurj Al Arab and the sea 21.6 km · Meydan racecourse 23.8 km · Sheikh Zayed Road 26.8 km · Dubai Design District 27.1 km · Burj Khalifa 27.7 km · Jumeirah beach and the sea 28.3 km · Dubai Creek and Ras Al Khor 28.6 km · DIFC 29.4 km
South-eastMAG 520, a tower 67 m away · MAG 525, a tower 130 m away
South-westMAG 560, a tower 84 m away · MAG 555, a tower 116 m away
WestMAG 565, a tower 111 m away
North-westMAG 510, a tower 58 m away · MAG 505, a tower 125 m away · Dubai Marina skyline 17.0 km

What residents say: 4.2 from 11 Google ratings

We read the 3 newest Google reviews that have text (of 11 fetched; the tower has 11 ratings), dated 2022-06 to 2026-07. A review is one resident's statement. We show counts, not quotes.

No problem is named by 2 or more reviews.

On the plus side

The building: 19 of 53 questions answered

Each answer names its source. Questions with no answer are listed as "checked, not found" so you know we looked.

Developer
MAG 5 Property Development L.L.C (Property Index, from the Dubai Land Department register)
Completed
2023
Floors
6
Apartments
132
Unit mix
Studio (about 347-437 sq ft), 1-bed (about 478-700 sq ft), 2-bed (about 661-669 sq ft)

Amenities: 24-hour security / CCTV, covered parking, elevators, gym, swimming pool, jogging tracks, landscaped gardens, BBQ area, retail area, pet-friendly, maintenance staff

Where sources disagree

  • Completion year: Nov 2023 (FazWaz) vs 2020 (datahabibi search results, which also says built from 2015) vs 2021 handover (McCone). Not resolved.
  • Developer name: MAG 5 Property Development L.L.C (Property Index) vs MAG Group, likely the same group.

Watch-outs

Overall rating
Google shows 4.2 from 11 ratings, but only 3 of them have text: 5, 1 and 4 stars between 2022-06 and 2026-06.
Our data · our sales data, Google Maps reviews
Pests
1 review out of 3 with text (2025-02) reports many cockroaches in a flat the resident had just moved into. One resident's statement, not a confirmed building-wide issue.
Residents say · Google Maps reviews
Security staff
1 review out of 3 with text (2026-06) praises the security guard. a guide lists 24-hour security and CCTV.
Residents say · Google Maps reviews, fazwaz.ae
Small apartments
a guide gives covered areas of about 349-436 sq ft for studios, 479-700 sq ft for 1-beds and from 661 sq ft for 2-beds. Our sales data show median sizes of 398 sq ft (studio), 556 sq ft (1-bed) and 668 sq ft (2-bed). No review comments on size.
Reported by a site · fazwaz.ae, our sales data
Maintenance and cleanliness of common areas
Common areas are not covered. 1 review out of 3 with text (2025-02) complains of very poor maintenance, rust and unfixed requests inside its own flat. Another source says maintenance staff handle cleanliness and repairs.
Residents say · Google Maps reviews, fazwaz.ae

Building

Floors, apartments and completion year
Sources conflict on floors: 6 (FazWaz; unit numbers in the sales records reach floor 6; Property Index shows floors 1-6) vs 7. Completion is Nov 2023 per FazWaz. Property Index says 132 registered units and completed, with no year given.
Reported by a site · live adverts: community guide, fazwaz.ae, Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., our sales data
Is there a doorman or concierge?
No concierge is mentioned. Another source lists 24-hour security staff, and 1 review out of 3 with text (2026-06) praises the security guard.
Reported by a site · fazwaz.ae, Google Maps reviews
Can you use the balcony?
Another source says studios, 1-beds and 2-beds each include a balcony. Nothing on how usable they are.
Reported by a site · fazwaz.ae
Did it flood?
1 review out of 3 with text (2025-02) says a water pipe burst while the resident was away and flooded the flat. One resident's statement, no other source.
Residents say · Google Maps reviews
Fire in the building?
No fire reported. 1 review out of 3 with text (2025-02) says the ceiling lights made electrical sounds after the flooding and worries about fire risk, but no fire is described.
Residents say · Google Maps reviews
What do residents say on the plus side?
3 reviews with text (2022-06 to 2026-06): 1 praises the security guard and the building, 1 calls the apartment new and nice. Both positive reviews are very short.
Residents say · Google Maps reviews
Amenities list
Another source lists 24-hour security with CCTV, covered parking, elevators, gym, swimming pool, jogging tracks, landscaped gardens, BBQ area, retail area, maintenance staff and pet-friendly. Some are complex-level rather than in the tower.
Reported by a site · fazwaz.ae

Developer

Who is the developer?
MAG 5 Property Development L.L.C per Property Index (Dubai Land Department register). Another source says MAG Group.
Reported by a site · Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., fazwaz.ae
Quality of construction
Not found as a general finding. 1 review out of 3 with text (2025-02) reports rust, poor maintenance and a pipe burst in one flat; the other 2 do not comment.
Residents say · Google Maps reviews
Finishes
Not found. 1 review out of 3 with text (2022-06) calls the apartment new and nice.
Residents say · Google Maps reviews
After-sales and repairs
1 review out of 3 with text (2025-02) says repeated requests were not fixed. Not clear if this concerns the developer or the building management.
Residents say · Google Maps reviews

Management

How fast do they act?
1 review out of 3 with text (2025-02) says management did not fix issues despite many requests, and blames management for the flooding. One resident's account.
Residents say · Google Maps reviews

People

Parking

Resident parking
Another source says residents get covered parking. Spaces per unit not found.
Reported by a site · fazwaz.ae

Around

Metro and public transport
Property Index lists the nearest metro station (Expo City Dubai) at 8.6 km in straight line. No bus information found.
Reported by a site · Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts").

Around MAG 515

Price against the nearest towers

TowerDistanceAED per sq ft, 12 months (sales)
MAG 515 (this tower)–1,092 (6)
MAG 51058 m1,213 (6)
MAG 52067 m1,234 (9)
MAG 56084 m– (4)
MAG 565111 m1,215 (6)
MAG 555116 m1,273 (8)
MAG 505125 m1,109 (7)
MAG 525130 m1,072 (9)
MAG 550173 m1,090 (7)

Drive times with no traffic

ToTimeDistance
Dubai Mall38 min40.6 km
DIFC Gate38 min41.4 km
DXB Terminal 356 min52.5 km
Dubai Marina Mall37 min31.7 km
Mall of the Emirates28 min28.5 km
Kite Beach34 min34.3 km
DWC airport25 min14.8 km

OSRM routing on OpenStreetMap roads. Real times in traffic are longer.

Shops, food and services

In the building (1)What it isFrom the doorGoogle rating
North & Novak – The Modern ClassicClothing Store13 m5 (1)
Food and drink within 300 m: 2
Talal Market - Dubai South DWCSupermarket156 m4.8 (144)
Food Land Restaurant & GrillRestaurant158 m3.3 (124)
Other shops within 300 m: 4
Calma CandlesHome Goods Store140 m–
Thunder Battery RescueAuto Parts Store150 m–
SRB WheelsToy Store289 m4.8 (6)
Services within 300 m: 4
Lustre Gents SalonHair Salon138 m4.4 (70)
Olive Ladies Salon - Dubai SouthBeauty Salon142 m4.6 (342)
Emirates NBD ATM & CDMATM144 m5 (1)
QUICK LAUNDRY SERVICELaundry153 m3.6 (32)
Schools and nurseries within 1.5 km: 1
Cherry Tree Nursery - Dubai South - DWCPreschool550 m4.9 (104)

Source: Google Maps, read 21 Oct 2026. Straight-line distance from the tower. Each list shows the 10 nearest. Open the name to see it on Google Maps.

Own a unit here?

Ask for a report on your unit: its sales history, the same type's sales in the last 12 months and the homes for sale against it. A licensed partner agent, named on the report with the registration number, sends it. BUY DUBAI is not a broker and takes no part in the sale.

Method, sources and what we did not find

  • Sales: unit-level Dubai Land Department sale records, 9 Sep 2020 to 19 Oct 2026, checked by year against Dubai Land Department open data. Our unit list does not hold every sale, so some sales are missing.
  • Listings: one snapshot, 7 Oct 2026. Asking prices and asking rents.
  • Residents and building facts: Google Maps reviews and guide pages (Building guide from live adverts (facts and resident opinions; rewrite in your own words; cite as "live adverts")., drivenproperties.com, fazwaz.ae, live adverts: community guide), read by an AI model on 21 Oct 2026 with a fixed question list. A script checks that each answer names its source.
  • Nobody visited the tower. Every fact is from a document, a map or a resident's review.
  • Checked, not found for this tower: a floor plan document, unit positions on a floor, the side and view of each unit, a licensed photo.

Corrections

Found an error? Tell us what is wrong and how you know. We check it, correct the page and list the change here.

Change log: 21 Oct 2026 first build of this page. No correction yet.

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Rental data (signed rents, renewals, asking against signed): RENT DUBAI, our sister site for tenants, from Dubai Land Department Ejari leases.