Building · MAG 5 Boulevard, Dubai South · Sale prices

MAG 515 Apartments Prices 2026

The median sale price of an apartment in MAG 515 was ⃃ 480,000 in the 12 months to 16 Oct 2026, based on 9 registered sales — 1.1% higher than the same 12 months a year earlier. The median price per square foot was ⃃ 1,080 (+3.7% year on year). That is 61.2% below the Dubai-wide median of ⃃ 1,236,000 for the same apartment mix.

Period: 12 months to 16 Oct 2026Compared with: same 12 months a year earlierSample: 9 salesUpdated: 18 Oct 2026
Median sale price
⃃ 480,000
+1.1% YoY
9 sales · the 12 months to 16 Oct 2026
Median price per sq ft
⃃ 1,080
+3.7% YoY
9 sales · the 12 months to 16 Oct 2026
Registered sales
9
−59.1% YoY
worth ⃃ 3.68M · the 12 months to 16 Oct 2026
Gross rental yield
8.96%
median rent ⃃ 43,000/yr · yield details

What are the key price figures for apartments in MAG 515?

Every headline figure with its period and the evidence behind it.

Source: DXBinteract analysis of Dubai Land Department registered sales. Data to 16 Oct 2026.
MetricValuePeriodBasis
Median sale price⃃ 480,00012 months to 16 Oct 20269 sales; +1.1% vs the same 12 months a year earlier
Median price per sq ft⃃ 1,08012 months to 16 Oct 20269 sales; +3.7% vs the same 12 months a year earlier
Number of sales912 months to 16 Oct 2026−59.1% vs the same 12 months a year earlier
Total sales value⃃ 3,678,23312 months to 16 Oct 2026−66.1% vs the same 12 months a year earlier
Lowest / highest sale⃃ 21K – ⃃ 730K12 months to 16 Oct 2026single registered sales (not typical prices)
Unit size range350 – 670 sq ftall units on record132 units
Median annual rent⃃ 43,00012 months to 16 Oct 202691 units currently rented
Gross rental yield8.96%12 months to 16 Oct 2026before service charges and vacancy; rounded to two decimal places
Capital appreciation+20.0%12 months to 16 Oct 2026change in property value over the period
Units on record132current8 sold in the 12 months to 16 Oct 2026 (6.1% of stock)
Units available for sale39currentactive listings matched to units
Developer (primary) median price⃃ 428,000all time132 developer sales; ⃃ 920 per sq ft
Launch date16/08/2015—project record
Completion / handover date06/02/2020—project record

How much does each bedroom size cost in MAG 515?

Medians over the 12 months to 16 Oct 2026; each row links to its own page.

Sales = registered sales in the 12 months to 16 Oct 2026. YoY = median price vs the same 12 months a year earlier.
UnitMedian priceYoYPer sq ftSalesGross yield
Studio apartment⃃ 478,000+15.1%⃃ 1,21028.37%
1-bedroom apartment⃃ 32,000−94.0%⃃ 705156.25%
2-bedroom apartment⃃ 728,000+9.1%⃃ 1,09028.65%

How have apartment prices in MAG 515 changed since 2017?

Median price per square foot and number of sales by calendar year. 2026 is year to date.

2017–2026 (to 16 Oct 2026)
MAG 515 median price per sq ft and sales by year
SalesMedian price per sq ft (⃃)
201755928
201845913
201924923
20201643
20216662
202212694
202311778
202419973
2025161,074
2026 YTD91,084
Registered sales and median price per sq ft by year, MAG 515, apartments. Source: DXBinteract. The same figures are in the table below.
2026 runs to 16 Oct 2026; its sales change is not shown because the source compares it with the whole of 2025.
YearSalesSales YoYValueMedian pricePer sq ftPer sq ft YoY
2026 (to 16 Oct 2026)9part year⃃ 3.68M⃃ 480,000⃃ 1,084+0.9%
202516−15.8%⃃ 8.04M⃃ 502,500⃃ 1,074+10.4%
202419+72.7%⃃ 8.92M⃃ 429,999⃃ 973+25.0%
202311−8.3%⃃ 4.74M⃃ 450,000⃃ 778+12.0%
202212+100.0%⃃ 3.86M⃃ 282,500⃃ 694+5.0%
20216+500.0%⃃ 2.07M⃃ 318,500⃃ 662+3.0%
20201−95.8%⃃ 250K⃃ 250,000⃃ 643−30.4%
201924−46.7%⃃ 10.69M⃃ 452,500⃃ 923+1.1%
201845−18.2%⃃ 19.76M⃃ 396,550⃃ 913−1.7%
201755—⃃ 23.64M⃃ 400,000⃃ 928—

Transactions by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · all years

How does MAG 515 compare with MAG 5 Boulevard and Dubai?

Same property mix, same window (the 12 months to 16 Oct 2026).

MetricMAG 515MAG 5 BoulevardDubai
Median sale price⃃ 480,000⃃ 623,000⃃ 1,236,000
Median price per sq ft⃃ 1,080⃃ 1,110⃃ 1,730
Price per sq ft YoY+3.7%+6.6%+1.7%
Sales994142,764
Gross rental yield8.96%7.22%4.94%

What are the latest registered sales of apartments in MAG 515?

The ten most recently registered sales. Individual sales are evidence, not typical prices.

DatePropertyTypeSizePricePer sq ftMarket
19/08/2026MAG 515Studio Apartment437 sq ft⃃ 475,000⃃ 1,087Resale · Ready
12/08/2026MAG 5151 bed · Apartment483 sq ft⃃ 590,000⃃ 1,222Resale · Ready
05/08/2026MAG 5151 bed · Apartment514 sq ft⃃ 24,754⃃ 48Resale · Ready
22/07/2026MAG 5151 bed · Apartment478 sq ft⃃ 21,043⃃ 44Resale · Ready
20/07/2026MAG 5152 beds · Apartment666 sq ft⃃ 730,000⃃ 1,096Resale · Ready
25/06/2026MAG 515Studio Apartment360 sq ft⃃ 480,000⃃ 1,333Resale · Ready
18/05/2026MAG 5151 bed · Apartment629 sq ft⃃ 600,000⃃ 954Resale · Ready
26/02/2026MAG 5152 beds · Apartment669 sq ft⃃ 725,000⃃ 1,084Resale · Ready
14/01/2026MAG 5151 bed · Apartment478 sq ft⃃ 32,436⃃ 68Resale · Ready

Use this chart on your site

Free to embed and share with the source line kept visible. The chart updates itself as new transactions are registered.

How these figures are calculated

Median, not average
Every price is the median of registered sales — half sold for more, half for less — so a handful of trophy deals cannot pull it up.
Period
Headline figures cover the 12 months to 16 Oct 2026; changes compare them with the same 12 months a year earlier. Calendar-year figures are in the history table; the current year is year to date.
Scope
All registered sales of apartments, both primary (developer) and resale, off-plan and ready. Gifts, grants and non-sale registrations are excluded.
Price per sq ft
Median of each sale’s price divided by its registered size in square feet.
Gross rental yield
Annual rent as a percentage of price, before service charges, fees and vacancy, as calculated in the source dataset and rounded to two decimal places.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-prices/mag-515/apartments
MAG 515 Apartments Prices 2026. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-prices/mag-515/apartments

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

What is the average property price in MAG 515 for apartments?
The median sale price of an apartment in MAG 515 was ⃃ 480,000 in the 12 months to 16 Oct 2026, from 9 registered sales. DXBinteract reports the median (the middle sale) rather than the arithmetic mean, so a few very large deals do not distort it.
What is the price per square foot in MAG 515 for apartments?
The median price per square foot of apartments in MAG 515 was ⃃ 1,080 in the 12 months to 16 Oct 2026, +3.7% compared with the same 12 months a year earlier.
How many properties were sold in MAG 515 in the last 12 months?
9 sales of apartments worth ⃃ 3,678,233 were registered in MAG 515 in the 12 months to 16 Oct 2026 (−59.1% year on year).
Are property prices in MAG 515 going up?
Over the 12 months to 16 Oct 2026 the median price per square foot of apartments in MAG 515 changed +3.7%. In calendar year 2025 it was ⃃ 1,074 (+10.4% on 2024), and ⃃ 1,084 so far in 2026.
What is the rental yield in MAG 515 for apartments?
The gross rental yield of apartments in MAG 515 is 8.96% (the 12 months to 16 Oct 2026), with a median annual rent of ⃃ 43,000. Gross yield is before service charges, fees and vacancy.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-prices/mag-515/apartments