MAG5 South
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$205.000

Dubai

MAG5 South – MAG Development is a very comfortable country project. It includes studios and apartments with one, two, and three bedrooms. It is probably the most “green” residential complex in Dubai; on the territory of this project, there are 15 buildings around, which abound with beautiful landscaping. In addition, the complex’s territory is decorated with rare retro cars, on the territory of a vast swimming pool and a gym, working around the clock and without weekends.

Amenities at MAG 5 

● Pools 

● Exclusive finishing in all houses and apartments 

● Professionally landscaped area 

● Residential and pedestrian area 

● Playgrounds

● Modern gym

● Patios for socialization 

Services at Dubai South 

● Close to UAE Green Belt, botanical gardens, and organic farms. 

● Adjacent to Al Maktoum International Airport, which will be the largest in the world by 2022. 

● Close to the 2020 district where Expo 2020 Dubai will take place 

● A few minutes from the new metro line 

● Proximity to schools and kindergartens 

● Variety of restaurants and cafes in the neighborhood 

● Multiple access routes 

● Supermarkets and shopping centers for the convenience of residents 

Our client was looking for an inexpensive project that was already built and, at the same time, had the potential for price growth and was in demand for renting out. The client also wanted to get a residence permit in Dubai, provided to investors in the UAE. It seemed that this problem could not be solved. And at the same time, the agency team picked up an exciting solution. The purchase price is 750,000 AED for a one-bedroom apartment, which is 205,000 USD – a necessary condition for obtaining a residence permit. The complex has already been built, and the team immediately took control of it and rented it out for an annual lease for 37,000 AED – 10,100 USD or 840 USD per month. In addition, this location was not chosen by chance; the agency’s management knew that after the end of the EXPO exhibition, this territory would be used as a particular area for business development, buildings would be transferred to offices, new jobs would appear, therefore the price of an apartment would increase. The cost of the real estate itself would increase.

Why invest in MAG 5 Boulevard? 

● Located in the south of Dubai, MAG 5 Dubai South is an economic zone supporting various activities, including logistics, aviation, commercial, exhibition, humanitarian, residential, and other related businesses. 

● Adjacent to Al Maktoum International Airport has an annual capacity of 12 million tons of cargo and 160 million passengers.

● The total building area is 646,443.54 sq. m. Futa. 

● South Dubai is a growing city built to support 1 million residents and create 500,000 jobs.

● Ranked #1 in both villa/townhouse sales and apartment sales, indicating high popularity in the market. 

● MAG 5 Dubai South offers an exceptional residential complex with 7 buildings at affordable prices. 

● Adjacent to Expo 2020, adjacent to Dubai parks and resorts, minutes from a proposed metro station, and adjacent to the largest linear park network in the UAE, the Green Belt. 

● Lots of amenities around, such as jogging and cycling paths, playgrounds for children, community, and shopping centers. 

● MAG 5 Dubai South is a walkable development that sets new standards for quality of life, functionality, simplicity of design, and efficient use of space. 

● Balcony and parking spaces for each apartment. 

● Elegant landscape design. 

● Pool. 

● Restaurants and places of recreation and entertainment.

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