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MAG 515

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What you need to know about MAG 515

Mag 515 is a contemporary residential tower developed by MAG Property Development, located in the heart of Dubai South (Dubai World Central). Completed in 2019, this mid-rise building features 7 floors and offers a selection of studios, 1-bedroom, and 2-bedroom apartments. Positioned within the vibrant MAG 5 Boulevard community, Mag 515 is designed to cater to urban professionals and families seeking a modern, affordable lifestyle in a rapidly growing district. The tower is a freehold property, making it an attractive option for both end-users and investors looking for long-term value in Dubai’s evolving real estate landscape.


Key Facts

  • Developer: MAG Property Development
  • Location: Dubai South (Dubai World Central), Dubai
  • Building Type: Residential
  • Available Unit Types: Studios, 1 Bedroom, 2 Bedroom Apartments
  • Ownership Type: Freehold

MAG 515 market insights

MAG 515 market overview

Prices of properties for sale in MAG 515 range from AED 500K to AED 600K, with a median of AED 550K. A total of 3 listings are available. 1 properties have been listed for sale in MAG 515 over the past 30 days. Across all listings, 100% are verified and 67% are listed by SuperAgents.

Median price
550K
Price range
500K - 600K

Interested to buy in MAG 515?
Explore properties

Properties available
3
Added in last 30 days
1
Verified properties
100%
Listed by superagent
67%
  • Usman Siddique
    Usman Siddique
    GEM HOMES REAL ESTATE BROKERAGE L.L.C
    500,000 AED

    DESIGN YOUR OWN | UNFURNISHED | READY TO MOVE-IN

    studio

    1

    387 sqft

    Apartment

    MAG 515, Mag 5 Boulevard, Residential District, Dubai South (Dubai World Central), Dubai

  • Azher Khan
    Azher Khan
    J A S Vision Real estate
    550,000 AED

    HUGE LAYOUT | BALCONY | PRIME LOCATION

    studio

    1

    437 sqft

    Apartment

    MAG 515, Mag 5 Boulevard, Residential District, Dubai South (Dubai World Central), Dubai

  • Usman Siddique
    Usman Siddique
    GEM HOMES REAL ESTATE BROKERAGE L.L.C
    600,000 AED

    Best Price! 1BHK for Sale | MAG 515 | AED 600K

    1

    1

    483 sqft

    Apartment

    MAG 515, Mag 5 Boulevard, Residential District, Dubai South (Dubai World Central), Dubai

Sales transactions in MAG 515

7 sale transactions were recorded in MAG 515 over the past 12 months, marking a 70.8% decrease YoY.

  • 475,0001,087 per sqft
    Apartment|Studio|Built: - ft²Plot: 437 ft²
    MAG 515
    19 Aug 2026Ready
  • 590,0001,222 per sqft
    Apartment|1 Bed|Built: - ft²Plot: 483 ft²
    MAG 515
    12 Aug 2026Ready
  • 730,0001,096 per sqft
    Apartment|2 Beds|Built: - ft²Plot: 666 ft²
    MAG 515
    20 Jul 2026Ready
  • 480,0001,333 per sqft
    Apartment|Studio|Built: - ft²Plot: 360 ft²
    MAG 515
    25 Jun 2026Ready
  • 600,000953 per sqft
    Apartment|1 Bed|Built: - ft²Plot: 629 ft²
    MAG 515
    18 May 2026Ready
  • 725,0001,083 per sqft
    Apartment|2 Beds|Built: - ft²Plot: 669 ft²
    MAG 515
    26 Feb 2026Ready
  • 645,0001,036 per sqft
    Apartment|1 Bed|Built: - ft²Plot: 622 ft²
    MAG 515
    16 Sep 2025Ready

The data displayed is based on average prices and sizes of all in MAG 515.

See all Transactions

Daily convenience and lifestyle

Mag 515 is strategically situated within MAG 5 Boulevard, Dubai South (Dubai World Central), a master-planned community known for its proximity to Al Maktoum International Airport and the Expo 2020 site. The area is characterized by wide boulevards, green spaces, and a tranquil suburban atmosphere, making it ideal for families and professionals seeking a peaceful yet connected lifestyle. Major roadways such as Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311) provide seamless connectivity to the rest of Dubai, Abu Dhabi, and key business districts. Accessibility is a key advantage, with the community designed for ease of movement by car and public transport. Residents benefit from well-maintained internal roads, ample parking, and proximity to major transport hubs, ensuring convenient commutes across the city. Residents of Mag 515 benefit from dedicated covered parking spaces, ensuring security and convenience. Visitor parking is available within the community, with additional street parking options nearby. The parking facilities are well-managed, providing hassle-free access for both residents and guests.

Restaurants in MAG 515

MAG 515 has 2 restaurants and 1 fast food venues within a 1 km radius

Lifestyle fit & resident profile

Lifestyle compatibility

  • Families20%
  • Young Professionals37%
  • Retirees0%
  • Students44%
  • Working Professionals34%

Top renter nationalities

  • India23%
  • Egypt9%
  • Philippines7%
  • Pakistan6%

Schools near MAG 515

Average annual fees
44,508
Number of schools in the area
1 schools within 5 km
Most common curriculum
UK
School nameCurriculumFee rangeDistanceKHDA rating
GEMS Founders School DS DWC-LLCUK 36K - 50K2.3 kmNot inspected yet

Getting around MAG 515

Public transport access

Dubai South, MAG5 1 482 m

What Residents say about MAG 515

Be the first to review MAG 515

Ratings review
5
Amy N.

The place is very quiet and peaceful. The community is great, and it’s a very good opportunity for investors. Highly recommended.” ⭐⭐⭐⭐⭐

4
Solaf A.

amazing

Building Score breakdown

How do residents score buildings in the following categories?

0

Property types in MAG 515

Mag 515 offers a diverse range of residential units, including studios, 1-bedroom, and 2-bedroom apartments. The tower is designed to appeal to singles, couples, and small families, as well as investors seeking rental income in a high-demand area. Apartments feature open-plan layouts, modern finishes, and private balconies, with select units offering views of landscaped gardens or the community boulevard. The interiors are thoughtfully designed to maximize space and natural light, with contemporary kitchens and built-in wardrobes enhancing everyday living.

Frequently asked questions

Annual service charges in Mag 515 vary depending on the unit size and type. Typically, these charges cover maintenance of common areas, security, landscaping, and building management. For the most accurate and up-to-date figures, it is advisable to consult the building management or your real estate agent.
Mag 515 offers a comprehensive range of amenities, including a swimming pool, gymnasium, children’s play area, landscaped gardens, 24-hour security, covered parking, and retail outlets at the podium level. Residents also enjoy access to jogging and cycling tracks, as well as community parks.
Residents of Mag 515 benefit from excellent connectivity via major highways such as Emirates Road and Sheikh Mohammed Bin Zayed Road. The Expo 2020 Metro Station and Dubai South bus stops are within easy reach, providing convenient public transport options for commuting across Dubai.
Yes, each apartment in Mag 515 comes with an allocated covered parking space. Additional visitor parking is available within the community, ensuring convenience for both residents and their guests.
Pet policies in Mag 515 are subject to the building management’s regulations. It is recommended to check with the property management or your leasing agent regarding the latest pet policy before moving in.