Project Summary

Project Name:

Mag 5


Location

Dubai South


Developer

Mag Property Development


Handover Date:

Construction Completed


Type:

Apartment


Bedroom(s):

- Studio


Average Area:

436 SQFT


Average Price:

399999


Price/Sqft:

917.43 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 consists of studios / 1 bed and 2 bedroom apartments ready to move in with a rent to own kind of payment scheme direct from the developer.MAG 5 Boulevard is a range of mid-rise buildings that provide affordable modern apartments in Dubai South, connected to retail, leisure and dining destinations. It is the new residential development situated in Dubai South which is a major project of the expansive area of 800,000 square feet. It is drafted with 13 ultra-modern, medium-rise buildings offering the best affordable housing in Dubai South. It comprises of total 1172 apartments with retail, leisure, entertainment, and dining facilities. Residents will have access to the retail building which is attached to site.

Amenities at MAG 5 Boulevard:

  • Balcony and parking spots
  • Swimming pool
  • Jogging tracks and gardens.
  • Retail, dining, leisure and outlets activities.
  • Located next to the ‘Green Belt’, the largest park in the UAE.

 

 

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. With current project estimates over US$ 1 Billion, MAG Property Development is one of the largest names in the region’s real estate industry. Some significant projects by Mag Property Developer are MAG 318 in Business Bay, MAG 5 in Dubai South, and MAG Eye townhouse in MAG eye

 


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