Price trends
1 bedroom apartments rented in MAG 515 and Dubai South (Dubai World Central)
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in MAG 515 and Dubai South (Dubai World Central).
MAG 515
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
Location
Nearest points of interest
Restaurants
J5 Restaurant
2.2 km
Marhaba Lounge - DWC Airport
9.5 km
Richy's
11.1 km
Biolife Health Care
11.1 km
Golositalia
11.4 km
Groceries
allday Minimart - Dubai South
11.1 km
allday Minimart - Emirates Flight Training Academy
11.8 km
Zoom
13.8 km
Schools
GreenField International School
3.9 km
The International School of Choueifat - Branch
5.2 km
Bright Riders School
6.1 km
Al Nibras International private School
6.2 km
South View School L.L.C
6.7 km
Hospitals
Bright Life Medical Center LLc
2.2 km
Advanced Care
2.3 km
Sabb Veterinary Clinic & Laboratory
2.8 km
Al Tadawi Clinic -DIP
3.4 km
Blue Oasis
8.1 km
Religious
United Christian Church of Dubai
2.5 km
Masjid Tayyab Mohammed Ibrahim (Mosque)
3 km
Al Salam Masjid (Mosque)
5.9 km
Al Taqwa Masjid
6.3 km
Ramla Superstore Hypermarket- Ladies Prayer Room
8 km
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.
- Expo 2020 Metro Station – 10 minutes drive
- Dubai Investment Park Metro Station – 15 minutes drive
- Dubai South, MAG 555 Bus Stop – 3 minutes walk
- Dubai South, MAG 515 Bus Stop – 1 minute walk
- Dubai South, MAG 520 Bus Stop – 4 minutes walk
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.
- Expo City Dubai
- Al Maktoum International Airport
- Dubai Parks and Resorts
- Ibn Battuta Mall
- Dubai Marina
- Zayed International Airport (formerly Abu Dhabi International Airport)
Properties
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.
Studio apartments in Mag 515 are ideal for singles and young professionals. These units typically range from 350 to 450 sq. ft., featuring efficient layouts with open-plan living and sleeping areas, a compact kitchen, and a modern bathroom. Most studios include a balcony, providing additional outdoor space and natural light. The design emphasizes functionality and comfort, making them a popular choice for first-time buyers and investors.
1-bedroom apartments in Mag 515 offer spacious layouts ranging from 600 to 750 sq. ft. These units feature a separate bedroom with built-in wardrobes, an ensuite bathroom, and a guest powder room in select layouts. The living and dining area is complemented by a semi-open or open kitchen, and most apartments include a private balcony overlooking the community. These homes are designed for comfort and practicality, making them suitable for couples and small families.
2-bedroom apartments in Mag 515 are well-suited for families seeking extra space. These units typically range from 900 to 1,100 sq. ft., offering two bedrooms with built-in wardrobes, two bathrooms, and a spacious living/dining area. The kitchens are modern and functional, with some layouts featuring a closed or semi-open design. Balconies provide outdoor relaxation, while select units may include a laundry area or additional storage space.
Average prices
| Type | Avg. Price (AED/ year) |
|---|---|
| Studio | 43,000 |
| 1 Bedroom | 56,000 |
| 2 Bedrooms | 67,000 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in MAG 515 and Dubai South (Dubai World Central).
Recent rental transactions
| Date | Rented Price (AED/Year) | Contract Status | Property Type | Bedrooms | Size (sqft) |
|---|---|---|---|---|---|
| 20 May 2026 - 19 May 2027 | 50,000 | Renewed | Apartment | 1 Bed | 786.84 |
| 15 May 2026 - 14 May 2027 | 70,000 | Renewed | Apartment | 1 Bed | 705.47 |
| 10 Jun 2026 - 9 Jun 2027 | 58,000 | Renewed | Apartment | 1 Bed | 864.56 |
| 1 May 2026 - 30 Apr 2027 | 49,000 | Renewed | Apartment | 1 Bed | 768.54 |
| 20 May 2026 - 19 May 2027 | 48,000 | New | Apartment | 1 Bed | 876.61 |
| 20 May 2026 - 19 May 2027 | 54,000 | New | Apartment | 1 Bed | 833.66 |
| 20 Jun 2026 - 19 Jun 2027 | 55,000 | Renewed | Apartment | 1 Bed | 647.56 |
| 14 May 2026 - 13 May 2027 | 47,000 | Renewed | Apartment | 1 Bed | 767.47 |
| 5 May 2026 - 4 May 2027 | 51,500 | Renewed | Apartment | 1 Bed | 672.74 |
| 20 Oct 2025 - 19 Oct 2026 | 33,208 | Renewed | Apartment | 1 Bed | 721.18 |
The data displayed is based on average prices and sizes of all 1 Bedroom apartments in Dubai South (Dubai World Central).
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Average price of a 1 bedroom apartment nearest to MAG 515
The data displayed is based on average prices and sizes of 1 bedroom apartment rented in the last 3 months.
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Amenities
- Swimming pool
- Fully equipped gymnasium
- Children’s play area
- Landscaped gardens
- 24-hour security and CCTV
- Dedicated covered parking
- High-speed elevators
- Retail outlets at the podium level
- Jogging and cycling tracks
- Community parks and open spaces
What Residents say about MAG 515
a
Amy N.The place is very quiet and peaceful. The community is great, and it’s a very good opportunity for investors. Highly recommended.” ⭐⭐⭐⭐⭐
S
Solaf A.amazing
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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.