Project · #4186 by 12M value
MAG 515
Dubai South Residential District · MAG Property Development
Everything about property sales in MAG 515: prices, how they are changing, off-plan vs ready homes, rents, competitors and the biggest deals.
Median price per sqft · last 3 months
— /sqft
- 3M like-for-like
- —
- vs 1 year ago
- —
- Sales 30D
- 0
25 Jul – 22 Oct 2026 · compared with 26 Apr – 24 Jul 2026
- Median price per sqft
- —
- Price change (3M)
- —
- Sales
- 1
- down 67% vs before
- Value
- AED 590K
How to use this pageShow
- The bulletin is a short summary of what happened here recently.
- Use "Show" above to switch the headline numbers between 1 month, 3 months, 6 months and 1 year.
- The charts show prices and sales month by month. Pick dates with the buttons or the calendar; the line under each chart says how much it moved.
- Period comparison shows this market against its own past, with the exact dates.
- Further down: off-plan vs ready, bedrooms, price bands, rents and yields, competitors and the biggest sales.
- Tap ⓘ next to any heading to learn what it means. Tap Compare to put this next to other markets.
What the dates mean
The latest data is for Thursday, 22 Oct 2026. Every period counts back from that day, and a change compares it with the period of the same length just before it.
| Period | Covers | Compared with |
|---|---|---|
| 1M · 1 month | 23 Sept – 22 Oct 2026 | 24 Aug – 22 Sept 2026 |
| 3M · 3 months | 25 Jul – 22 Oct 2026 | 26 Apr – 24 Jul 2026 |
| 6M · 6 months | 26 Apr – 22 Oct 2026 | 28 Oct 2025 – 25 Apr 2026 |
| 1Y · 1 year | 23 Oct 2025 – 22 Oct 2026 | 23 Oct 2024 – 22 Oct 2025 |
Key words
- AED/sqft (price per square foot)
- The sale price divided by the size of the home. It lets you compare a small flat and a large villa fairly.
- Like-for-like change
- Price change that compares the same kind of home with itself: off-plan with off-plan, 2-bed flats with 2-bed flats.
- Off-plan (developer)
- A home bought directly from the developer before it is finished.
- Off-plan resale
- An unfinished home sold on by its first buyer to someone else before handover.
- Secondary (ready)
- A finished, ready home bought from its current owner.
Tap the info button next to any heading for a short explanation. Full glossary →
Market bulletin · Thu, 22 Oct 2026
MAG 515: 0 sales worth AED 0 in 30 days
MAG 515 recorded 0 sales worth AED 0 in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: secondary (ready) sales 100%.
In Dubai South Residential District, MAG 515 ranked #11 of 11 leading projects by 12-month sales value; it is developed by MAG Property Development. Its first registered sale was on 26 February 2026.
Leases registered in the last three months had a median annual rent of AED 44K.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
Sales per month
Registered sales by market
Feb 26 – Oct 26: 5 in total (Off-plan (developer) 0 · Off-plan resale 0 · Secondary (ready) 5).
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 0 |
| Sept 26 | 0 | 0 | 0 |
| Aug 26 | 0 | 0 | 1 |
| Jul 26 | 0 | 0 | 1 |
| Jun 26 | 0 | 0 | 1 |
| May 26 | 0 | 0 | 1 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 1 |
Period comparison
This market against its own past: each period compared with the one just before it and with the same dates a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month23 Sept – 22 Oct 2026 · vs 24 Aug – 22 Sept 2026 | 0 | — | AED 0 | — | — |
| Last 3 months25 Jul – 22 Oct 2026 · vs 26 Apr – 24 Jul 2026 | 1 | down 66.7% | AED 590K | — | — |
| Last 6 months26 Apr – 22 Oct 2026 · vs 28 Oct 2025 – 25 Apr 2026 | 4 | up 300.0% | AED 2.40M | — | — |
| Last 12 months23 Oct 2025 – 22 Oct 2026 · vs 23 Oct 2024 – 22 Oct 2025 | 5 | — | AED 3.13M | 1,096 | — |
"vs prior" compares each period with the one of the same length just before it; "vs 1Y ago" with the same dates a year earlier. These are simple medians: the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Secondary (ready) | 5 | 100% | AED 600K | 1,096 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 1 | 20% | — | — | — |
| 1 bedroom | 2 | 40% | — | — | — |
| 2 bedrooms | 2 | 40% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 5 | 100% | AED 600K | 1,096 | — |
Rents & yields
What tenants pay here, and what landlords earn compared with the price to buy.
Median annual rent
Monthly median of registered leases (new and renewed)
- AED 52K in Nov 25 → AED 45K in Sept 26,down 13.5%
- This compares two single months, which can swing with the mix of homes sold (and the latest month may not be over yet). Look at the overall direction of the line.
View data table
| Date | Annual rent |
|---|---|
| Oct 26 | — |
| Sept 26 | AED 45K |
| Aug 26 | AED 44K |
| Jul 26 | — |
| Jun 26 | AED 45K |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | AED 42K |
| Nov 25 | AED 52K |
| Oct 25 | — |
| Sept 25 | — |
- Leases (12M)
- 105
- New leases
- 61.9%
- Median rent 3M
- AED 44K
- Rent/sqft 3M
- AED 94
| Bedrooms | Leases | Median rent | New leases | AED/sqft/yr |
|---|---|---|---|---|
| Studio | 35 | AED 39K | AED 39K | 103 |
| 1 BR | 40 | AED 50K | AED 51K | 91 |
Competing projects in Dubai South Residential District
Other projects selling in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| The Pulse Beachfront 3Dubai South Properties | 50 | 1,270 | — |
| Windsor House 2 Building AEllington Properties Development | 137 | 1,541 | — |
| Windsor House 2 Building BEllington Properties Development | 128 | 1,540 | — |
| South Square Building 1Dubai South Properties | 114 | 1,656 | — |
| The Pulse Beachfront 1Dubai South Properties | 39 | 1,301 | — |
| Avenew 888 LoomAvenew Real Estate Development | 117 | 1,664 | up 9.2% |
| South Square Building 3Dubai South Properties | 58 | 1,400 | — |
| The Pulse Beachfront 2Dubai South Properties | 21 | 1,357 | — |
| Enre Residence by ImtiazImtiaz Real Estate Investment And Development | 64 | 1,500 | up 2.5% |
| South Bay 6 PremiumDubai South Properties | 12 | 1,230 | — |
Biggest sales, last 3 months
The most expensive single homes sold here recently.
| Price | Property | Date |
|---|---|---|
| AED 590K | 1 BR Apartment · 483 sqftMAG 515 · Dubai South Residential District | 12 Aug |
Questions about MAG 515
How many properties were sold in MAG 515 in the last year?
5 sales worth AED 3.13M were registered in the last 12 months: 0% developer off-plan, 0% off-plan resales and 100% secondary (ready) sales.
What is the average rent in MAG 515?
The median annual rent on leases registered in the last three months was AED 44K.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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