Apartments for sale in Mag 5 Boulevard

With the boom of Expo 2020, the Dubai real estate market is experiencing an overwhelming response from property investors who want to be here for this revolutionary event in the city. Due to this, Dubai has initiated large-scale projects. Among these major developments stands Dubai South, an emerging multi-purpose project aimed to house almost 1 million residents. Mag 5 Boulevard is one of the properties in Dubai South developed by Mag Property Developers.

Types of Apartments in Mag 5 Boulevard

Situated almost 7 kilometres away from the Dubai Expo 2020 site, Mag 5 Boulevard is spread over a total area of about 646,443.54 sq. ft. Currently, there are about 7 residential buildings with G+6 floors offering extremely affordable apartments that are ready while there are almost 13 other apartment buildings that are under construction. Once the construction is complete, property investors would be able to choose from more than a 1,000 different apartments ranging from studios to 1, 2 and 3-bedroom units. The apartments have mid-end quality finishes. If we compare sizes then the studios range between 360 sq. ft. and 386 sq. ft. while 1-bedroom apartments range between 400 sq. ft. and 755 sq. ft. The remaining 2 and 3-bedroom residential units in the community have a collective size range which starts at 900 sq. ft. and increases to 2,500 sq. ft.

Sale Price Trend for Apartments in Mag 5 Boulevard

The properties available for buying in Mag 5 Boulevard are said to be the most affordable in the vicinity of the development. The Mag 5 Boulevard apartments are considered as a smart choice for investment due to the job opportunities in this area. There is a flexible payment plan available as well. If you cannot pay the entire amount up front, you can buy a property by paying a 10% down payment followed by 4 more instalments. The remaining amount is paid at the time of completion. If we talk about the sale trends then the price range of 3-bedroom apartments for sale in Mag 5 Boulevard starts at about AED 1,292,393 and reaches up to AED 1,350,000. The estimated range for 2-bedrooms is between AED 690,000 and AED 1,250,000 while for a single bedroom the prices fall between AED 508,000 and AED 575,000.

Highlights of Mag 5 Boulevard

Apart from being close to the extravagant Dubai Investment Park and the lush Green Community, the apartments for sale in Mag 5 Boulevard are also near The Pulse Mall, the Celestial Hotel Damac Maison, the Chimney Restaurant and Salt Mango. Al Maktoum International Airport is just 20 minutes away from Mag 5 Boulevard while the exotic Palm Jumeirah and Downtown are just half an hour away.