MAG 5 Boulevard is located in Dubai South Residential District, Dubai, 2 listings available with us.
MAG 5 Boulevard is a residential complex in Dubai South Residential City positioned near the Expo site and Al Maktoum International Airport. The scheme was marketed as an affordable housing community composed of low-rise buildings with compact unit types and basic communal amenities. The masterplan and early communications describe a scheme intended for middle-income households and for occupants seeking practical, efficiently planned apartments within the Dubai South development.
MAG 5 Boulevard forms part of Dubai South Residential City, a planned neighbourhood in the north‑east corner of Dubai South at the intersection of Emirates Road (E611) and Jebel Ali–Lahbab Road (E77). The development was presented as a cluster of seven‑storey buildings on an approximately 800,000 sq ft site. According to the original masterplan, the community comprises 13 buildings with a total of 1,118 apartments across studio, one‑, two‑ and three‑bedroom layouts. The project has been linked to the MAG group and to a joint venture structure involving MAG Property Development and MBM Holding in communications issued at launch.
MAG 5 Boulevard is located within the Dubai South area and is relatively close to Al Maktoum International Airport (DWC). Local and regional connections are defined by a combination of arterial roads within Dubai South and planned public-transport infrastructure in the Residential City masterplan. A light-rail system through Residential City is included in the original planning documents as part of an integrated internal transport network.
The original project descriptions detail compact unit plans and a focus on efficient use of space. Typical metrics published at launch included 430 sq ft studios and 646 sq ft one‑bedroom apartments. Two‑bedroom apartments were described as having two bathrooms (one en suite), extended kitchen counters that serve as breakfast bars, and generous closet space. Three‑bedroom apartments in the design were located on the ground floor and incorporated private gardens (around 70 sq m) and a separate maid’s room with an external access route.
The scheme was presented as including parking for every apartment, private balconies on many unit types and basic retail and leisure elements at the ground level to serve residents. Communications at the time of launch indicated phased construction: work started in 2016 with handover of an initial group of buildings planned in 2018 and remaining blocks scheduled subsequently.
Transaction data published under Dubai Land Department open data identified recorded sales activity for the development; at the time of the source summary there were 50 sale transaction records associated with MAG 5 Boulevard.
The cluster of addresses and plots around MAG 5 Boulevard includes a series of neighbouring MAG‑branded blocks. Project names cited in local listings include:
These project names have been shown on public planning and marketing materials for the Dubai South Residential City area. Where developer names or completion stages were published in original materials, they have been associated with the MAG group and related joint‑venture arrangements referenced in the scheme documentation.
MAG 5 Boulevard targets occupants seeking affordable, practical housing within Dubai South: small families, couples and single professionals who prioritise compact, efficiently laid‑out apartments and proximity to Expo City and DWC over central‑Dubai addresses. The unit mix and amenity level align with households that require basic on‑site facilities, parking provision for each unit and straightforward connections to the road network. Projections and marketing emphasised value‑oriented accommodation rather than luxury finishes or high‑end building services.
Is MAG 5 Boulevard part of Dubai South?
Yes. MAG 5 Boulevard is located within Dubai South Residential City and was planned as one of the residential clusters in the masterplan for that neighbourhood.
What types of apartments are offered?
The original marketing and masterplan described studios, one‑bedroom, two‑bedroom and three‑bedroom apartments. Published unit sizes included 430 sq ft for studios and 646 sq ft for one‑bedroom units, with two‑bedroom and three‑bedroom layouts described in the launch materials.
How close is the development to the airports and Expo City?
Al Maktoum International Airport (DWC) is approximately 9.1 km from the site; Expo City Dubai is roughly 8.2 km away. Road travel times will depend on route and traffic conditions.
What amenities and services were planned?
Plans published at launch included ground‑level retail, leisure facilities and restaurants to serve residents, parking allocated to each apartment and communal landscaping. The wider Residential City masterplan also set out a comprehensive internal road network and a proposed light‑rail link through the neighbourhood.
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How to cite:MAG 5 Boulevard — Continental Club Property, 2026-07-30, https://continentalclub.ae/location/mag-5-boulevard/
The figures below come from registered Dubai Land Department transactions, not from listings. We show the median rather than the mean, so that one-off penthouses do not distort it.
The yearly figure compares the last 12 months with the 12 before them. Calendar years would not work here: the current one is unfinished, so the comparison would understate the change.
From 2022 to 2025 — +44% on the price per square metre across 7 buildings that traded in both years.
Top to bottom: purchase price per m², year, annual rent per m², gross yield. Showing the last 11 years, from 2016.
* 2026 is still in progress, so its bar covers part of the year and is not directly comparable with the ones before it. The growth figure below uses completed years only.
All figures are medians rather than means: in thin years the mean swings with the mix of units and shows movement the market never had. The yield is gross — service charges are not published in the register, so they cannot be deducted honestly.
| Building | Deals | Price per m² |
|---|---|---|
| MAG 565 | 39 | 10 893 |
| MAG 555 | 35 | 11 511 |
| MAG 515 | 32 | 10 942 |
| MAG 540 | 32 | 10 121 |
| MAG 510 | 31 | 11 183 |
| MAG 525 | 31 | 9 972 |
| MAG 535 | 29 | 9 646 |
| MAG 530 | 27 | 10 014 |
| MAG 560 | 27 | 10 881 |
| MAG 550 | 26 | 10 001 |
| MAG 520 | 23 | 11 383 |
| MAG 505 | 22 | 11 000 |
Source: Dubai Land Department transaction registry. Prices per square metre, sale transactions.
Dubai market as a whole: prices, transactions and trends (DLD data) →
Largest management companies in the area: Kaizen Owner Association Management Services (24), Emaar Community Management (5), Dubai South Community Management Dwc- (2).
Check any building’s service charge → All communities
RERA-approved 2026 budgets from the DLD service charge index (Mollak); residential buildings. Rate is AED per sq ft per year; YoY compares the same buildings in 2025.
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Eldar Musaev
Senior Broker · Continental Club Property · RERA ORN 31933
Handles sales and rentals in MAG 5 Boulevard: off-plan, resale and leasing. English and Russian.
