MAG 515

198 sales registered with the Land Department between 2017 and 2026, in Dubai South · part of Mag 5 Boulevard by MAG 5 PROPERTY DEVELOPMENT L.L.C.

Median price per area

AED 920/sqft

Half of all sales between AED 857/sqft and AED 981/sqft

Sales in the last year

195 since 2017

Against Dubai South

—

Too few sales here in the last year to compare

Sold before completion

64%

Share of registrations made off-plan

What each size has sold for

Median of every registered sale in MAG 515, by the bedroom count on the registration. Sizes below eight sales are left out rather than shown with a median nobody should rely on.

Size	Median price	Typical size	Per area	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

Rent registered across Mag 5 Boulevard

Not MAG 515’s own figure. Ejari records the project on a tenancy, not the building, so this is every new let registered across Mag 5 Boulevard in the twelve months to Sept 2026. Renewals are excluded — they are priced off an older contract under Decree 43’s increase bands, not by today’s market.

Studio

AED 40,000/yr

199 new lets

1-bed

AED 52,800/yr

255 new lets

2-bed

AED 70,000/yr

49 new lets

Price per square foot by year

Median of MAG 515’s own registered sales. Years with fewer than five sales are left out rather than plotted as a point.

2017AED 928/sqft51 sales
2018AED 912/sqft49 sales
2019AED 917/sqft24 sales
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

Recent registered sales

The 20 most recent registrations in MAG 515, as published by the Land Department.

Registered	Home	Size	Price	Per area
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

Other buildings in Dubai South

Celestia a 750 Azizi Venice 15 - Building B 696 Celestia B 661 Azizi Venice 14-Building a 583 Azizi Venice 11 580 Azizi Venice 6 - Building A 570 Azizi Venice 14-Building G 494 Azizi Venice 13 ? Building B 487 Azizi Venice 14-Building F 480 Azizi Venice 14-Building E 460 Azizi Venice 10 - Building B 429 Azizi Venice 12 - Building A

Buying in MAG 515?

Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median 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 open an official system on the day: the agent's licence, the project's escrow, and its registered status.

Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample

Figures are medians of registered sale prices published by the Dubai Land Department, matched to this building by the name written on each registration. They are what buyers paid, not what sellers are asking. Sizes are as registered.