MAG 5 Boulevard in Dubai South Residential City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in MAG 5 Boulevard

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	40	13,158	528,333
1	57	12,405	712,000
2	91	11,111	1,016,250

The cap rate (rental yield) of investments into MAG 5 Boulevard project is 12.0% on average.

The price of an apartment in MAG 5 Boulevard is 11,910 AED/sqm on average.

The long term rent of an apartment in MAG 5 Boulevard is 1,289 AED/sqm/year on average.

Price for completed Studio apartment in MAG 5 Boulevard is 528,333 AED or 13,158 AED/sqm.
Price for completed 1 bedroom apartment in MAG 5 Boulevard is 712,000 AED or 12,405 AED/sqm.
Price for completed 2 bedroom apartment in MAG 5 Boulevard is 1,016,250 AED or 11,111 AED/sqm.

About MAG 5 Boulevard

'MAG 5 Boulevard' in 'Dubai South Residential City' area project description

Mag 5 Boulevard is a luxurious residential and commercial development located in Dubai, UAE. The project is developed by MAG Lifestyle Development, a subsidiary of MAG Group, and is located in the heart of Dubai’s Business Bay. It is a mixed-use development that consists of two towers, one residential and one commercial. The residential tower is a 40-storey building with 1, 2, and 3-bedroom apartments, while the commercial tower is a 20-storey building with offices and retail space.

The residential tower offers a range of amenities, including a swimming pool, a fully-equipped gym, a spa, a sauna, and a Jacuzzi. It also has a 24-hour concierge service and a private parking garage. The apartments are designed with modern interiors and come with high-end finishes. The commercial tower offers a range of office spaces, from small to large, and retail spaces. It also has a range of amenities, such as a business center, a conference room, and a cafe.

The project is located in a prime location, close to the Dubai Mall, Burj Khalifa, and the Dubai International Financial Center. It is also close to the Dubai Metro, making it easy to access the rest of the city.

Mag 5 Boulevard is a luxurious development that offers a range of amenities and is located in a prime location. It is ideal for those who want to live and work in the heart of Dubai’s Business Bay.

Q&A on MAG 5 Boulevard

What are the advantages of 'MAG 5 Boulevard' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Mag 5 Boulevard is located in the heart of Dubai’s most desirable residential area, Dubailand, making it a prime location for real estate buyers.

2. Luxury Amenities: Mag 5 Boulevard offers residents a range of luxury amenities, including a swimming pool, gym, spa, and a variety of retail outlets.

3. Affordable Prices: Mag 5 Boulevard offers real estate buyers the opportunity to purchase property at an affordable price, making it an attractive option for those looking to invest in the Dubai real estate market.

4. Easy Access to Major Attractions: Mag 5 Boulevard is conveniently located near major attractions such as the Dubai Mall, Dubai Marina, and the Burj Khalifa, making it an ideal location for those looking to explore the city.

5. High Rental Yields: Mag 5 Boulevard offers investors the potential for high rental yields, making it a great option for those looking to generate passive income from their real estate investments.