MAG 5 Boulevard is an affordable housing project by the MAG Group in Dubai South. It serves as an ideal destination for those seeking a contemporary lifestyle. Dubai South is ranked as the top destination for buying villas/townhouses and apartments. Located close to Al Maktoum International Airport and District 2020, the community offers opportunities for business making it an outstanding place to invest. Recently, Route 2020 was inaugurated to link Dubai South to the rest of the emirate.
MAG 5 Boulevard features 528 apartments in 13 mid-rise buildings. There are 6 floors in each building and the apartment types include studio, 1, 2 and 3-bedroom units. MAG 5 Boulevard is surrounded by a variety of amenities such as jogging and cycling tracks, community & retail centres and playgrounds for children. Among these 13 mid-rise buildings, there is MAG 550 with elegantly designed landscaping. This freehold project was handed over in 2019. MAG 550 is a part of a self-sustaining community with its own amenities such as restaurants, swimming pool, retail space, landscaped gardens and a kid's club.
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Each unit gets dedicated covered parking in MAG 550. There is no visitor parking within the building premises. Visitors can use the paid street parking spaces.
There are various service elevators in MAG 550 providing fast access to all floors.
The building has 24-hour security, CCTV monitoring and maintenance staff. Depending on their tenancy contract, some tenants will have district cooling/chiller charges covered while others have to pay them separately. The district cooling supplier for MAG 550 is South Energy.
For property owners, South Energy chiller charges are included in the yearly service charges.
Residents can work out at the state-of-the-art gym in MAG 550. You can also find swimming pools, jogging and cycling tracks.
Among lifestyle amenities, there are playgrounds to keep the little ones engaged. There are several restaurants and elegant retail spaces within the community. Residents can enjoy morning and evening strolls or go jogging. There are internal courtyards for socialising as well.
The 24-hour help desk and concierge services at the reception lobby are available for assistance.
Residents of MAG 550 can keep pets.
MAG 5 Boulevard is almost 7 km away from the Expo 2020 site. There are seven residential buildings having six floors each. Dubai South flats for rent are extremely affordable. Similarly, Dubai South apartments for sale are a smart choice for investment. A flexible payment plan is also available.
MAG 550 by MAG Property Development features studio, 1, 2 and 3-bedroom apartments with many luxurious amenities.
Studio apartments in MAG 550 cover an area of almost 475 sq. ft. These are ready to move in units with one bathroom, an open plan kitchen, a living/dining area and a balcony. Large, double glazed windows allow sufficient sunlight into the apartment.
1-bedroom apartments in MAG 550 have covered areas of 660 sq. ft. These units have one ensuite bedroom, a spacious living/dining area, a kitchen and a balcony. The huge floor-to-ceiling windows light up the apartment.
2-bedroom apartments in MAG 550 cover an area of 700 sq. ft. Each unit comes with two master bedrooms, an ensuite bathroom, a huge balcony and an open kitchen. Depending on your unit type, extra features include a storeroom, a laundry room or a walk-in closet.
Based on searches conducted by users on PropertyDigger.com over the past 12 months
The most popular apartment types in MAG 550 are the studio apartments. Next up are 1-bed apartments and 2-bedroom apartments wrap up the list.
For those who want to rent apartments in MAG 550, the rental prices are given below:
Post-dated cheques are normally required for payment. But you can check your contract for more details.
You can also buy apartments in MAG 550 for AED 320k to AED 885k.
Based on searches conducted by users on PropertyDigger.com over the past 12 months
It is beneficial to invest in Dubai South, especially flats in MAG 550. Currently, 1-bed flats are the most profitable property with 5% of return on investment.
These figures are based on the services charges for MAG 550* as per the Dubai Land Department. There are many different types of Dubai service charges index. 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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Currently, the options for public transportation near MAG 550, Dubai South are limited. Residents can use online cab booking services such as Careem and Uber for a fast commute. Those who drive can easily access Emirates Road, Expo Road and Jebel Ali ' Lehbab Road to travel to other areas.
Bus stations near MAG 550 are located in Dubai Investment Park at a driving distance of 26 to 29 minutes. These include Fastner World International 2, Fastner World International 1, Dip, Ulma 1, Dip, Ulma 2, Dubai Pearl Gypsum Industries 2, DIP, AMB Building 1 and Corro Tech Staff Accommodation 2.
Metro stations are more than 30 minutes away from the building. Some of the nearest options are Danube, Energy, Ibn Battuta and Nakheel Harbour & Tower. The recently inaugurated Route 2020 would make things easier for residents who rely on the Dubai Metro.
MAG 550 is a part of a developing community. It is expected to have a variety of restaurants in close proximity. Currently, restaurants near MAG 550, Dubai South include:
Pulcinella is a family-run restaurant in Canal Residence West, Dubai Sports City serving Italian, Mediterranean cuisine as well as pizza and seafood. Marmarita is a Lebanese restaurant known for its delicious Shawarma. It is located in Gardenia 2 Building, JVC. Certo Italian restaurant is located in Radisson Blu Hotel. It is known for serving pizza and Italian dishes. These restaurants are located at a 34 to 38-minute driving distance.
Restaurants such as Abd El Wahab, Wokyo Noodles, Kababji Grill, The Talk Restaurant and Vapiano are located at a 38 to 43-minute drive from MAG 550 by MAG Property Development.
For grocery shopping, residents can head towards Dubai Marina and other areas. Supermarkets near MAG 550 include:
All these supermarkets can be reached within 39 to 43 minutes by car. As the community further develops, residents will have grocery stores and supermarkets in Dubai South to cater to their daily shopping needs.
The apartment buildings are more than 30 minutes away from MAG 550. Some nearby buildings are:
These buildings are located in The Gardens and Dubai Marina and are accessible within 36 to 42-minute drive.
Finally, major landmarks near MAG 550 include:
Expo 2020 Dubai is going to be the first World Expo to take place in South Asia (MEASA), Middle East, and the African region. The theme of Expo 2020 includes Opportunity, Mobility and Sustainability. The projects lined up for Expo 2020 Dubai are Al Wasl Plaza, Route 2020, Aladdin City, Ain Dubai and Museum of the Future. It is expected to host around 20 million tourists. The main site of Expo Dubai 2020 is located in Dubai South at a 27-minute drive by car.
The new 18-hole golf course in the Golf District of Dubai South will be the second UAE golf course designed for Emaar Properties. It is located at a 21-minute drive.
Dubai Parks and Resorts is the ultimate leisure destination. It features three different types of theme parks such as Motion Gate, Legoland & Legoland Waterworld and Bollywood Parks. It is located at a 35-minute drive by car.
With Expo 2020 to happen soon, now is the perfect time to invest in properties in MAG 550. Prices and strategic value of the place are expected to increase. The area is in the developing phase and therefore, most amenities are a bit far. Residents will have to travel long distances to visit restaurants and supermarkets.
