Project Summary

Project Name:

Mag 5


Location

Dubai South


Developer

Mag Property Development


Handover Date:

Construction Completed


Type:

Apartment


Bedroom(s):

2 Bedrooms


Average Area:

1050 SQFT


Average Price:

950000


Price/Sqft:

904.76 AED


Payment Plan

During Construction

0%

On Handover

20%

Post handover

80%

Mag Property Development

Mag 5

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About the Project

MAG 5 Boulevard is the first community project developed under MAG 5 Property Development and the first community project to be launched, within Dubai South

The project consist of studios / 1 bed  and 2 bed apartments ready to move in with a rent to own kind of payment scheme direct from developer.

Pay 20% and move in . Balance 80% can be paid post handover in 8 years 

 

 

About Location

Dubai World Central was rebranded as Dubai South in August of 2015. Dubai South is a master-plan city developed by Dubai South (developer) which will eventually play a major role in the future economy of Dubai. It is located near Al Maktoum International Airport. Dubai South has been designed with the understanding that Dubai’s geographic location continues to play an important role in linking market such as Africa, Asia, and the MENA region. Dubai South provides an economic platform for the entire region and beyond. Dubai South is also in close proximity to Dubai’s Jebel Ali Port, saving time and reducing operational costs. Therefore, making Dubai South a convenient option for export and import businesses, that requires Free Zone Company formation in Dubai. Residents of Dubai South will have location benefits such as a metro line, cycling tracks, an international school nearby and many more. The area will host landmark events such as the World Expo 2020 and the Dubai Airshow. Furthermore, its location is easily accessible from Downtown Dubai and Abu Dhabi.

About the Developer

Mag Property developer is founded in 1978 and it is one of the largest corporations in the region, maintaining a prominent position of leadership and pioneering among its peers. The MAG Group is a master developer based in Dubai, UAE. Their portfolio currently includes real estate, contracting & engineering, Industrial & Commercial trading, freight services, and hospitality. Customer satisfaction and ensuring high-quality work are important values of the group. Together, all these factors contribute to expanding the Group’s horizons and bolster its drive force.


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