MAG 535 is a part of MAG 5 Boulevard in Dubai South. MAG 5 Boulevard consists of 13 buildings with 6-storeys each. In total, these towers offer 1,118 apartments in studio, 1, 2 and 3-bedroom configurations. MAG 5 Boulevard is a project of MAG Property Development.
MAG 535 was the first residential tower to be completed in the project. The apartment complex has a retail area to take care of the basic needs of residents. Also, high-end facilities required for a comfortable living experience are available in the grand apartment complex. The residential building is adjacent to Al Maktoum International Airport and enjoys good connectivity to other areas in the city. There are cycling tracks as well as pedestrian sidewalks in the vicinity.
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There is well-managed parking in MAG 535. Each unit gets at least one parking space.
Security staff is present 24-hours and surveillance cameras are installed for safety reasons. Maintenance services are also available in the building.
Residents are facilitated with a well-equipped gym in MAG 535. Separate swimming pools for kids and adults are also present in the tower.
There is lush greenery within the complex along with a children's playground where little ones can spend some quality time. A retail centre is located within the complex where residents can buy basic items.
There are four apartment types in MAG 535. Here's an overview to give you a good idea.
The covered area for studio flats starts from 475 sq. ft. Each unit comes with a fully equipped kitchen, a balcony offering views of the community, a spacious living area and one bathroom.
For a 1-bedroom apartment, the starting covered area is about 637 sq. ft. that can go up to 1,000 sq. ft. There are one to two bathrooms in these bed types. One can also find a spacious terrace. The bedroom has a built-in wardrobe and the closed-style kitchen comes with countertops and cabinets.
The covered area of a 2-bedroom apartment ranges from 963 sq. ft. to 1,033 sq. ft. These are high end fully furnished apartments with a huge balcony offering wonderful views of the community. You can find two spacious bedrooms, two to three bathrooms and an open kitchen.
Most 3-bedroom apartments have covered areas of 2,500 sq. ft. Usually, there are three and four bathrooms, two balconies and three spacious bedrooms in these flats.
Based on searches conducted by users on PropertyDigger.com over the past 12 months
According to PropertyDigger, 1-bedroom units are the most popular apartment types in MAG 535. 2-bedroom units are next in line. With 3-bedroom units taking the third position, studio apartments are the least popular apartment types in MAG 535.
There are numerous apartments for rent in Dubai South. The rental trends of apartments in MAG 535 are as follows:
Buying apartments in MAG 535 is a good investment. Here's an overview of the sale trends in the building.
One can also consider other Dubai South apartments for sale as there are plenty of options available.
Based on searches conducted by users on PropertyDigger.com over the past 12 months
The highest ROI (return of investment) is offered by a studio and 1-bedroom unit. It goes down to 5% for a 2-bedroom apartment and decreases further to 4.7% for a 3-bedroom flat.
These figures are based on the services charges for MAG 535* as per the Dubai Land Department. There are many different types of index charges in Dubai. 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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Dubai South has prime importance because of its direct link to Sheikh Mohammed Bin Zayed Road (E311). Other arterial roads nearby are Sheikh Zayed Road and Emirates Road. One has to rely on taxis, as well as services like Uber and Careem for getting around as options for public transportation near MAG 535 are limited at this point in time.
Currently, residents can use RTA managed bus F46, F47 and F48. The nearest bus stop is the Dubai Pearl Gypsum Industries bus stop at a 19-minute drive.
The area will have its own metro line that's being developed for the Expo 2020. Until then, residents can use the UAE Exchange Metro Station that is located at a 30-minute drive. One can also use taxis to travel comfortably.
Fine dining options near MAG 535 are:
All these restaurants are located at about a 30-minute drive. Quattro Passi Ristorante is a high-end Italian restaurant in Palm Jumeirah. The food and services are top-notch; not to forget the place offers amazing sea views. Bombay Brasserie is a popular Indian eatery.
Other restaurants near MAG 535 include:
All these eateries are also about a 30-minute drive from the building. The Cheesecake Factory is an American dining chain while one can enjoy Chinese cuisine at Hakkasan Dubai. Other eateries in the area are Nusr-Et, Kaftan Restaurant and Zuma Restaurant.
MAG 5 Boulevard already has a well-developed retail area and Mag 535 residents can easily find a supermarket. Other supermarkets near MAG 535 are a 20 to 25-minute drive away. These include:
Since Dubai South is developing rapidly, soon there will be various shopping options in the district. ZOOM Supermarket is close to Al Maktoum International Airport.
Major landmarks near the building include:
Bollywood Parks Dubai is a popular tourist destination styled like a Bollywood set. The park offers rides, stunt shows and performances for people of all ages. Dubai Butterfly Garden is a must-visit attraction for nature lovers. IMG Worlds of Adventure is a 28-minute drive away from the building.
While MAG 535 offers amenities like landscaped gardens, swimming pools, and a retail complex, residents need to travel to other areas to find restaurants and supermarkets. Another downside is that public transportation options are currently limited.
