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MAG 515, Dubai SouthReady

MAG 515, Dubai South

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HIGHLIGHTS

About MAG 515, Dubai South

MAG 515 is a 7-storey residential tower in Dubai South. It is a part of the 11-tower complex, MAG 5 Boulevard, developed by MAG Group. The building is close to Emirates Road and Expo Road’s junction and offers studio, 1 and 2-bedroom apartments. Facilities offered include 24-hour security, covered parking, elevators and fitness options.

Dubai South area is one of Dubai’s most rapidly developing areas. It is the site for Expo 2020 and Al Maktoum International Airport and is reachable mainly through Emirates Road and Sheikh Mohammed Bin Zayed Road. Many more residential, commercial, and leisure projects will be launched soon, having all the amenities needed for residents.

MAG Boulevard has excellent facilities for residents. Fitness options include a swimming pool, jogging tracks and gymnasium. Other amenities include a retail area, landscaped gardens and bbq area. The apartments are spacious and come with kitchen appliances and built-in wardrobes.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Dubai South
  • Developer: MAG Group
  • Number of floors: 7 floors
  • Unit type: Studio, 1 and 2-bedroom apartments
  • Type of ownership: Freehold
  • Amenities: Swimming pool, jogging tracks, gymnasium, retail area, landscaped gardens, bbq area
business

BUILDING DETAILS

Facilities in MAG 515, Dubai

Parking

Residents get covered parking in MAG 515, Dubai South.

Elevators

There are high-speed elevators in MAG 515.

Security, Central Air-Conditioning and Maintenance Services

As part of a gated community, MAG 515 ensures complete safety with CCTV coverage and security staff. The maintenance staff is also present to take care of building cleanliness and repairs.

Gym and Fitness Facilities 

Residents can find a fully equipped gym in MAG 515, Dubai South, Dubai. Other fitness options include a swimming pool and jogging tracks.

Lifestyle Amenities

MAG 515, Dubai South, provides many amenities to facilitate residents. There are fitness options within the secure community, while one can spot shopping, dining, leisure and education facilities in the area.

Pet-Friendly

MAG 515 is a pet-friendly building.

Apartment Types in MAG 515

MAG 515, Dubai offers studio, 1 and 2-bedroom apartments with different layouts and covered areas.

Studio Apartments in MAG 515 

Studio apartments in MAG 515 have covered areas between 349 sq. ft. and 436 sq. ft. These units include a kitchen, bathroom and a balcony.

1-Bedroom Apartments in MAG 515 

1-bedroom apartments in MAG 515 have covered areas between 479 sq. ft. and 700 sq. ft. These units include one bedroom, one or two bathrooms, a living area, a kitchen and a balcony.

2-Bedroom Apartments in MAG 515 

2-bedroom apartments in MAG 515 have covered areas starting from 661 sq. ft. These flats include two bedrooms, two bathrooms, a living area, a kitchen and a balcony.

Studio
1-Bed
2-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 15 hours ago

According to Bayut, 1-bed apartments and studio apartments in MAG 515 enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot.

Rental Trends in MAG 515

Apartment TypeAverage Rental Price in AED
Studio35,000
1-Bed50,000
2-Bed65,000
Last updated 15 hours ago

Those looking to rent apartments in MAG 515 can expect these price trends.

For more options, one can browse apartments for rent in Dubai South.

Sales Trends in MAG 515

Apartment TypeAverage Sales Price in AED
Studio457,000
1-Bed608,000
Last updated 15 hours ago

Apartments for sale in MAG 515 have the following pricing details.

There are various other apartments for sale in Dubai South with different features and price tags.

Rental Yield in MAG 515

Studio
1-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 15 hours ago

Studio apartments offer the highest ROI in MAG 515 of 8.32%. 1-bed apartments generate about 6.73% return on investment.

Service Charges in MAG 515 Dubai South Dubai

These are the services charges for MAG 515* as per the Dubai Land Department. You can read more about service charges in Dubai if you are interested in buying a property in the city.

*Please note that these service charges are subject to change.

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NEARBY AMENITIES 

Transportation near MAG 515 

Three important roads, Emirates Road, Expo Road and Jebel Ali – Lehbab Road, are a 5-minute drive from the building. One can use these routes to connect with major highways like Sheikh Mohammed Bin Zayed Road and Sheikh Zayed Road in about 22-25 minutes.

As for public transportation near MAG 515, residents mostly rely on taxis and online cab services. Travelling by Dubai Metro is also an option.

Metro Stations near MAG 515

Expo Metro Station is the nearest option to travel by metro. It is connected to the Red Line and is part of Dubai Metro’s Route 2020.

Restaurants near MAG 515

As Dubai South is a developing community, there are few restaurants near MAG 515. Currently, these are the nearest options for residents.

  • Olives Restaurant
  • Skini Panini
  • Coffee Pushin
  • McDonald’s
  • Golos Italia Restaurant

As the community is rapidly progressing, one can expect an increase in the number of dining options soon. One can reach Arabian Ranches, Dubai Sports City and Dubai Studio City in about 15 minutes to find more interesting dining choices.

Supermarkets near MAG 515

For daily shopping, one can head to these supermarkets near MAG 515 Dubai South Dubai:

  • Quick Supermarket
  • Grand Express Supermarket

Quick Supermarket is about 7 minutes away while it takes about 11 minutes to reach Grand Express Supermarket. Once the development is complete, there will be plenty of supermarkets nearby.

Nearby Buildings

  • MAG 505
  • MAG 510
  • MAG 520
  • MAG 565
  • MAG 560

All these residential towers are part of the MAG 5 Boulevard. One can find a good variety of apartments for rent and sale in these towers.

Major Landmarks

Major landmarks near MAG 515 include:

  • Al Maktoum International Airport
  • Dubai Parks and Resorts

Al Maktoum International Airport, deemed the world’s largest airport when opened, is situated in Aviation District in Dubai South. It is about 20 minutes from the building.

Dubai Parks and Resorts is about 30 minutes away from MAG 515. It is a collection of multiple theme parks and a waterpark. Several restaurants are also present at the venue.

Al Maktoum International Airport
Al Maktoum International Airport

THINGS TO CONSIDER

The building is located in Dubai South, at a considerable distance from the central areas. However, quick access to major highways makes life convenient for residents.

Are you looking to buy or rent apartments in MAG 515?
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