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MAG 540, Dubai SouthReady

MAG 540, Dubai South

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HIGHLIGHTS

About MAG 540

Mag 540 is a 7-storey residential tower in Dubai South. It is a part of the thirteen-tower MAG 5 Boulevard, situated near the junction of Expo Road and Emirates Road. Apartment types offered include studio, 1 and 2-bedroom units with facilities like parking, security, elevators and fitness options.

As the name suggests, Dubai South area is located at the city’s southern end. The rapidly growing area is home to the Expo 2020 site and offers easy access to shopping, dining, leisure, education and healthcare facilities. It is well-connected to the rest of the city mainly via Expo Road and Emirates Road.

Residents will find fitness options like a gymnasium, swimming pool and jogging/walking tracks in MAG 540. Leisure options include a barbecue area and a play area for children, while one can also access the shopping complex and clubhouse of MAG5 Boulevard. Public transport is also readily available.

In a Nutshell

  • Type of building: Residential
  • Location: Dubai South
  • Developer: MAG Lifestyle Development
  • Date of completion: 2020
  • Number of floors: 07
  • Unit type: Studio, 1 and 2-bedroom apartments
  • Amenities: Gymnasium, swimming pool, jogging/walking tracks, barbecue facility, courtyards, play area for children, covered parking, high-speed elevators, CCTV system
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BUILDING DETAILS

Facilities in MAG 540 

PARKING

There is covered parking in MAG 540 Boulevard. Residents get at least one reserved parking spot depending on the apartment type.

ELEVATORS

The high-speed elevators in MAG 540 Dubai South are well-maintained for optimum performance.

SECURITY, CENTRAL AIR-CONDITIONING AND MAINTENANCE SERVICES

The building has 24-hour security with trained personnel and CCTV monitoring. It also has efficient maintenance services.

GYM AND FITNESS FACILITIES 

Residents can use the shared swimming pool and gym in MAG 540 to pursue fitness goals.

LIFESTYLE AMENITIES

Residents can use the jogging tracks surrounded by lush green gardens. A BBQ facility is also present in the complex, where families and friends can spend some quality time. MAG 5 Boulevard also has restaurants and a retail area.

CONCIERGE AND GUEST SERVICES 

24-hour concierge services are offered to welcome guests and visitors.

PET-FRIENDLY

It is a pet-friendly building.

Apartment Types in MAG 540

MAG 540 Dubai South offers studio, 1 and 2-bedroom apartments.

STUDIO APARTMENTS IN MAG 540 

Studio apartments in MAG 540 Boulevard have a bathroom, a kitchen and a balcony. The covered areas range from 475 sq. ft. to 507 sq. ft.

1-BEDROOM APARTMENTS IN MAG 540 

1-bedroom apartments in MAG 540 include one or two bathrooms, a living/dining area, a kitchen and a balcony. These units cover 478 sq. ft. to 730 sq. ft.

2-BEDROOM APARTMENTS IN MAG 540

2-bedroom apartments in MAG 540 feature two or three bathrooms, a living/dining area, a kitchen and a balcony. The covered areas are around 950 sq. ft. to 964 sq. ft.

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 8 hours ago

According to Bayut, 1-bed apartments in MAG 540 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.

Rental Trends in MAG 540

Apartment TypeAverage Rental Price in AED
Studio40,000
1-Bed50,000
2-Bed75,000
Last updated 8 hours ago

Those looking to rent apartments in MAG 540 can expect these price trends.

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

Sales Trends in MAG 540

Apartment TypeAverage Sales Price in AED
1-Bed605,000
2-Bed900,000
Last updated 8 hours ago

Apartments for sale in MAG 540 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 540

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

1-bed apartments offer the highest ROI in MAG 540 of 8.01%. 2-bedroom flats generate about 6.53% return on investment.

Service Charges in MAG 540

General FundPrice Per Sq. Ft. in AED
Services
info
General upkeep of the building
3.12
Maintenance
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General repairs and replacements
2.68
Improvement
info
Charge for the improvement or replacement of services or facilities provided
0.15
Utilities Services
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Charges for using DEWA/district cooling facilities and meters
6.44
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
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Fees for communal facilities in the neighbourhood
0.30
Income
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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 13.65

These are the service charges for MAG 540* as per the Dubai Land Department. You can read more about service charges in Dubai if you are interested in buying a property in Dubai.

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

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NEARBY AMENITIES 

Transportation near MAG 540 

Residents with private vehicles can reach Expo Road and Emirates Road in about 5 minutes. One can also rely on public transportation near MAG 540 Dubai as taxis, buses and metro are available.

BUS STATIONS NEAR MAG 540

One can get to MAG 5 Bus Stop 1 with a 10-minute walk or bus DS1.

METRO STATIONS NEAR MAG 540

To travel by Dubai Metro, one has to get to Expo 2020 Metro Station. It is about a 25-minute drive away and is accessible via bus DS1.

Restaurants near MAG 540

Popular restaurants near MAG 540 include:

  • Hakkasan Dubai
  • Wokyo
  • Maiden Shanghai
  • Little Miss India
  • Al Safadi Restaurant
  • Publique

These eateries service cuisines like Japanese, Lebanese and French and are reachable within 30 minutes. As the community develops, there will be various other dining choices nearby in the future.

Supermarkets near MAG 540

Supermarkets near MAG 540 Dubai include:

  • Quick Supermarket
  • Grand Express Supermarket
  • Bluemart

All these are reachable within 10 minutes from the tower. Residents can easily manage their daily shopping and grocery requirements with these options.

Schools and Nurseries near MAG 540

  • South View School
  • Dove Green Private School

South View School is about 17 minutes away from MAG 540. The school offers education from FS1 and Year 11 following the National Curriculum of England.

Dove Green Private School, about 26 minutes away, also follows the National Curriculum of England and offers education from FS1 to Year 9.

Nearby Buildings

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

Major Landmarks

  • JAFZA One Convention Centre
  • Crystal Mall
  • Al Maktoum International Airport

JAFZA One Convention Centre is a popular event venue located just 18-minutes away from the tower. Crystal Mall, about 23 minutes away, offers visitors a wide range of shopping, dining and entertainment options.

Al Maktoum International Airport is also called Dubai World Central. Upon completion, it will be the largest airport in the world, with a capacity to transport over 160 million passengers a year. It is about 20 minutes away from MAG 540.

Things to Consider

MAG 540 offers a comfortable lifestyle with a good set of in-house facilities. Living in Dubai South ensures a serene environment with access to important amenities. Although the nearest metro station is a bit far, one can find taxis and buses within a walking distance.

Are you looking to rent or buy apartments in MAG 540?

FAQs

IS THERE A GYM IN MAG 540?

Yes, there is a fully equipped gym in MAG 540 along with a swimming pool and jogging/walking tracks.

WHAT ARE THE APARTMENT TYPES IN MAG 540?

MAG 540 offers studio, 1 and 2-bedroom apartments.

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