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MAG 520 Dubai SouthReady

MAG 520 Dubai South

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HIGHLIGHTS

About Mag 520 Building, Dubai South

Mag 520 in Dubai South area is a 7-storey building that features rental apartments with different types of layouts to fulfil the needs of renters and buyers. The building has both furnished and unfurnished units that have balconies to maintain a refreshing and cool environment inside these homes. Overall, the development has all the standard amenities that one expects from a classy residential construction. There is a gym, swimming pool, kids play area, fire protection system, intercom connection, high-speed elevators, 24-hour security and much more.

Dubai South is a well-developed area of Dubai that houses the Expo 2020 site, a popular global event with a list of countries from around the world. The community is a mixed-use property with retail, commercial and residential developments. Residents and visitors of the area can easily access the city as it is connected to Sheikh Mohammed Bin Zayed Road and Emirates Road.

IN A NUTSHELL

  • Type of building: Residential
  • Location: Dubai South
  • Developer: MAG Group
  • Number of floors: 7
  • Unit type: Studios, 1-bed
  • Type of ownership: Freehold
  • Amenities: Swimming pool, gym, kids play area, curated outdoor park, fire protection system, intercom, round-the-clock security, elevators, covered parking and more
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BUILDING DETAILS

Facilities in Mag 520, Dubai South

Parking

Mag 520 in Dubai South has covered parking spaces for tenants that adds convenience to the living experience. visitors can rely on outside parking.

Elevators

Fast-moving elevators in Mag 520 South Dubai ensure that passengers reach their desired floor quickly and conveniently.

Security, Central Air-Conditioning and Maintenance Services 

MAG 520 Dubai South is a secure building that is well-maintained as well. CCTV cameras are installed at the entrance to ensure safety and eliminate any threats. For electricity and water, the building depends on DEWA, Dubai Electricity and Water Authority.

Gym and Fitness Facilities 

Well-equipped fitness centre in Mag 520 Dubai South gives fitness enthusiasts access to a facility where they can regularly do their workout sessions. There is also a swimming pool in the building that is suitable for aquatic activities for physical fitness.

Lifestyle Amenities

Families living in Mag 520 building in South Dubai find it convenient to provide their little ones with safe playing sessions as the building has a kids play area.

Apartment Types in Mag 520 Building, Dubai South

Studio Apartments in Mag 520 Building

Studios in Mag 520 building have a size range of 347 sq. ft. to 389 sq. ft. The units are well-designed and have a premium outlook with sleek flooring. The units come in furnished and unfurnished conditions to fulfil different demands of the real estate market in Dubai. There is a bed space along with a kitchenette and a bathroom in the layout while flats enjoy beautiful pool and community views.

1-Bedroom Apartments in Mag 520 Building

Boasting an average size range of 482 sq. ft. to 517 sq. ft., 1-bed apartments in the Mag 520 building are designed to offer comfort and convenience to residents. The units have all the standard features including kitchen with cabinet, bathrooms with modern fixtures, spacious bedroom and a lounge where residents can sit together or host guests. There is also a balcony attached to the unit overlooking the pool or the community.

Studio
1-Bed
2-Bed
3-Bed
0%20%40%60%80%100%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 13 hours ago

According to Bayut, 1-bed apartments in Dubai South enjoy the highest popularity. They are followed by 2-bedroom flats in the second spot. Studio apartments take up the third position on the list. 3-bedroom flats rank in the fourth position.

Apartment TypeAverage Rental Price in AED
Studio37,000
1-Bed52,000
2-Bed67,000
3-Bed108,000
4-Bed140,000
Last updated 13 hours ago

Those looking to rent apartments in Dubai South can expect these price trends.

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

Apartment TypeAverage Sales Price in AED
Studio500,000
1-Bed731,000
2-Bed1,068,000
3-Bed1,833,500
4-Bed3,236,000
5-Bed5,925,000
6-Bed12,750,000
Last updated 13 hours ago

Apartments for sale in Dubai South 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 520 Building, Dubai South

Studio
1-Bed
2-Bed
3-Bed
4-Bed
0%4%8%12%16%20%
Based on searches conducted by users in Bayut.com over the last 12 months. Last updated 13 hours ago

2-bedroom flats offer the highest ROI in Dubai South of 6.32%. Studio apartments generate about 6.29% return on investment. 1-bed apartments offer an ROI of about 6.11%. Whereas, the ROI of 4-bed units averages at 4.43%. The ROI for 3-bedroom flats is 4.41%.

Service Charges in Mag 520 Building

GENERAL FUNDPRICE PER SQ. FT. IN AED
Services
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General upkeep of the building
3.15
Maintenance
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General repairs and replacements
2.79
Improvement
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Charge for the improvement or replacement of services or facilities provided
0.17
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
6.39
Management Services
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Owner’s association charges for managing the property
0.81
Insurance
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Charge for the insurance of the building
0.14
Master Community
info
Fees for communal facilities in the neighbourhood
0.30
Income
info
A credit or debit charge
-0.09
Reserved Fund
info
Funds used for major repairs and to help maintain the yearly service charges fees
0.10
Total 13.76

Services charges for Mag 520* are based on the data from Dubai Land Department‘s website.

Dubai service charges have several different types. You can read up on the service charges guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

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NEARBY AMENITIES

Transportation near Mag 520 Building

Transportation facilities in Dubai South add to the living experience for residents who rely on Dubai public transport. However, there are no bus stops or metro stations at a walking distance from Mag 520 and commuters have to drive for at least 20 minutes.

Bus Stations near Mag 520 Building 

DIP, Yalayis Centre bus stop is the nearest bus stop that commuters can reach and it is located at a distance of 20 minutes drive. DIP 2, 74th Street bus stop and Dubai Pearl Gypsum Industries bus stop are the next in the list of the nearest bus stops and these are reachable within 21 minutes of driving.

Metro Stations near Mag 520 Building 

The nearest metro station at a distance of 24 minutes drive is Jumeirah Golf Estate metro station. Another option for commuters is Dubai Investment Park metro station at a distance of 26 minutes.

Restaurants near Mag 520 Building

Eateries and cafes near MAG 520 Dubai South:

  • Cherish Cafe
  • Royal Grill Restaurant
  • Green Chilly Restaurant
  • Dulcis Cafe

If you are looking for a good restaurant near Mag 520, the most popular eateries are located at least 30 to 40 minutes drive away. However, there are quite a few restaurants at a close proximity to the building. One of the nearest eateries is Royal Grill Restaurant at a 24 minutes driving distance. This eatery offers a variety of foods including delectable grills of various types as well as gravies of different types. They also have a selection of drinks as well to complement the food experience.

Another eatery at the same distance of 24 minutes drive is the Green Chilly Restaurant. The place serves contemporary Indian cuisine. You can find standard desi meals with vegetable gravies, boiled rice and lentils or go for fancy burgers and grilled items. They also have some Chinese items to tantalise the taste buds of foodies who like to have diverse options.

Those who crave for something light with a cup of tea or coffee can head to Dulcis Cafe at a distance of 24 minutes. They have a vibrant yet calm atmosphere with a menu that has something for everyone. Gooey baked goodies, toasts with sunny-side-up fried eggs, salads, subways, grilled items, burgers, pizza, pasta and wraps are some of the most loved options at the place.

Supermarkets near MAG 520 MAG 5 Boulevard

Retail outlets near Mag 520, Dubai South:

  • Mango Hypermarket
  • BROZ Grocery
  • Choithrams

There are a number of supermarkets located around the building. The nearest retail grocery store that residents can access is Mango Hypermarket at a distance of 15 minutes drive. The market is spread over a huge area and stocks almost everything that you need to maintain a household. They have fresh produce, electronic appliances, cookware, frozen items, staples, toys, clothing items and so on.

For those who like to shop from well-known supermarket retailers in Dubai, Choithrams is also present at a distance of 16 minutes. The place is known for its affordable prices and quality products. They have an array of essentials as well as other items. Shoppers can buy fresh fruits and vegetables, frozen goods, self care products, appliances, bakery items and so much more.

BROZ Grocery at a distance of 23 minutes is another go-to place for grocery shopping. The place has a large variety of household items and kitchen necessities.  From tin foods to diary and snacks to cleaning supplies, everything is available at this store.

NEARBY BUILDINGS

Buildings located close to Mag 520 apartments:

  • Mag 510
  • Mag 530
  • Mag 515
  • Mag 505

The building is surrounded by other residential towers that ensure a tranquil, family friendly environment. All of these buildings offer rental units for those trying to find well-kept rental apartments in Dubai South.

Major Landmarks

Dubai Autodrome
Dubai Autodrome is a fun place for all those who love racing cars

Tourist destinations located around MAG 520 MAG 5 Boulevard:

  • The Els Club
  • The Village Mall
  • Dubai Autodrome

There are several tourist destinations that residents living in Mag 520 building can visit. Sports lovers can head to Dubai Sports City that is home to many of the top sports venues of the city. The Els Club, for instance, is one of the finest golf courses in the city and is just 20 minutes drive from the building. Similarly, Dubai Autodrome is also located close at a distance of minutes. The racing circuit is a fun place for car racers who want to drive high-speed vehicles in a secure set-up.

Shopping venues near Mag 520 include The Village Mall that offers a mix of high-street international brand stores as well as local outlets. The spot also has a list of restaurants to complete the shopping experience for visitors.

THINGS TO CONSIDER

None of the transportation options are available within a walking distance and that could be a problem for those who rely on public transport for daily commute. Other than that, residents can access all the other communal facilities easily to enjoy a comfortable lifestyle in Dubai South.

Are you looking to buy or rent apartments in MAG 520 MAG 5 Boulevard?
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