# MAG 5 Boulevard

MAG Property Development · MAG 5 Boulevard · Dubai

## Commercial terms

| Field | Value | Origin |
|---|---|---|
| Starting price | AED 470 000 | Our calculation |
| Units | 1 452 | DLD registry |
| Declared handover | Q1 2020 | Developer supplied |

## Unit types

| Type | Bedrooms | Units | Size, ft² | Price from, AED |
|---|---|---|---|---|
| Studio apartments | studio |  | 360–473 | 430 000 |
| 1-bedroom apartments | 1 |  | 481–666 | 590 000 |
| 2-bedroom apartments | 2 |  | 666–1 039 | 720 000 |

Origin: Developer supplied

## Dubai Land Department register

| Field | Value | Origin |
|---|---|---|
| DLD project number | 1673 | DLD registry |
| Construction | 100% | DLD registry |
| DLD inspection date | 2020-02-06 | DLD registry |
| Registry status | Ready | DLD registry |
| Escrow bank | Emirates NBD | DLD registry |

### DLD inspection history

| Date | Completion |
|---|---|
| 2016-10-16 | 0.3% |
| 2016-12-25 | 2.02% |
| 2017-02-19 | 11% |
| 2017-07-30 | 31.38% |
| 2017-10-30 | 25.02% |
| 2017-12-17 | 30.16% |
| 2018-05-09 | 52.05% |
| 2018-09-16 | 62.12% |
| 2018-10-31 | 64.06% |
| 2018-11-15 | 64.6% |
| 2019-01-09 | 67.13% |
| 2019-08-25 | 84.42% |
| 2019-11-19 | 91.53% |
| 2020-02-06 | 100% |

> Completion is recorded at a DLD technical inspection. An unchanged value between two dates means no new inspection, not a stopped site. The declared handover is the date held in the register or stated by the developer, not the actual completion.

## Registered sales (DLD)

| Field | Value | Origin |
|---|---|---|
| Sales registered, 2016–2026 | 2 061 | DLD registry |
| Median price per m², 2016–2026 | AED 9 365 | Our calculation |
| Resale share | 39% | Our calculation |
| Sales in the last 12 months | 87 | DLD registry |
| Price per m² change, last 12 months vs previous 12 | +8% | Our calculation |
| Gross rental yield | 8% | Our calculation |

### Medians by bedrooms, all sales 2016–2026

| Type | Deals | Median price, AED | Median size, m² | AED per m² |
|---|---|---|---|---|
| Studio | 740 | 376 602 | 36 | 10 461 |
| 1 bedroom | 1 053 | 510 555 | 59 | 8 653 |
| 2 bedrooms | 258 | 690 000 | 90 | 7 667 |
| 3 bedrooms | 10 | 1 300 000 | 235 | 5 532 |

> Medians cover all registered sales over the whole period and are not today's asking price.

## Sales history (DLD): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Sales in total: 2 061, from 2016-04-27 to 2026-10-15. A median is shown where a period has at least 3 sales.

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| **Last 12 months** | 87 | 670 000 | 12 043 | 1 119 | 100% |

### By year

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2016 | 170 | 545 555 | 9 064 | 842 | 0% |
| 2017 | 314 | 474 000 | 9 426 | 876 | 0% |
| 2018 | 443 | 446 000 | 9 602 | 892 | 0% |
| 2019 | 296 | 440 000 | 9 463 | 879 | 6% |
| 2020 | 91 | 430 000 | 8 969 | 833 | 54% |
| 2021 | 77 | 357 000 | 7 544 | 701 | 95% |
| 2022 | 111 | 400 000 | 7 486 | 695 | 99% |
| 2023 | 128 | 400 000 | 8 007 | 744 | 100% |
| 2024 | 206 | 475 000 | 9 840 | 914 | 100% |
| 2025 | 164 | 625 000 | 11 333 | 1 053 | 100% |
| 2026 | 61 | 670 000 | 12 011 | 1 116 | 100% |

### By quarter

| Period | Sales | Median price, AED | Median AED/m² | Median AED/ft² | Resale share |
|---|---|---|---|---|---|
| 2016-Q2 | 87 | 549 000 | 9 142 | 849 | 0% |
| 2016-Q3 | 65 | 535 555 | 8 973 | 834 | 0% |
| 2016-Q4 | 18 | 510 555 | 8 787 | 816 | 0% |
| 2017-Q1 | 48 | 520 555 | 8 824 | 820 | 0% |
| 2017-Q2 | 38 | 540 555 | 9 089 | 844 | 0% |
| 2017-Q3 | 121 | 443 758 | 9 702 | 901 | 0% |
| 2017-Q4 | 107 | 420 000 | 9 871 | 917 | 0% |
| 2018-Q1 | 129 | 425 000 | 9 751 | 906 | 0% |
| 2018-Q2 | 157 | 443 000 | 9 594 | 891 | 0% |
| 2018-Q3 | 85 | 448 000 | 9 592 | 891 | 0% |
| 2018-Q4 | 72 | 504 548 | 9 242 | 859 | 0% |
| 2019-Q1 | 46 | 499 999 | 9 284 | 863 | 7% |
| 2019-Q2 | 103 | 420 000 | 9 751 | 906 | 3% |
| 2019-Q3 | 112 | 400 000 | 9 534 | 886 | 6% |
| 2019-Q4 | 35 | 480 000 | 9 342 | 868 | 14% |
| 2020-Q1 | 39 | 430 000 | 9 607 | 893 | 28% |
| 2020-Q2 | 16 | 480 000 | 8 103 | 753 | 56% |
| 2020-Q3 | 23 | 395 555 | 8 757 | 814 | 70% |
| 2020-Q4 | 13 | 377 850 | 7 983 | 742 | 100% |
| 2021-Q1 | 9 | 245 000 | 6 139 | 570 | 100% |
| 2021-Q2 | 14 | 364 692 | 7 142 | 664 | 93% |
| 2021-Q3 | 28 | 357 000 | 7 548 | 701 | 89% |
| 2021-Q4 | 26 | 377 530 | 7 908 | 735 | 100% |
| 2022-Q1 | 16 | 400 000 | 6 853 | 637 | 100% |
| 2022-Q2 | 17 | 390 000 | 7 474 | 694 | 100% |
| 2022-Q3 | 39 | 382 000 | 7 653 | 711 | 97% |
| 2022-Q4 | 39 | 437 000 | 7 540 | 700 | 100% |
| 2023-Q1 | 21 | 449 174 | 7 540 | 700 | 100% |
| 2023-Q2 | 35 | 345 000 | 7 880 | 732 | 100% |
| 2023-Q3 | 31 | 400 000 | 7 679 | 713 | 100% |
| 2023-Q4 | 41 | 440 000 | 9 152 | 850 | 100% |
| 2024-Q1 | 43 | 420 000 | 8 754 | 813 | 100% |
| 2024-Q2 | 59 | 425 000 | 9 472 | 880 | 100% |
| 2024-Q3 | 67 | 520 000 | 10 155 | 943 | 100% |
| 2024-Q4 | 37 | 499 990 | 10 328 | 960 | 100% |
| 2025-Q1 | 42 | 570 000 | 10 782 | 1 002 | 100% |
| 2025-Q2 | 52 | 640 000 | 11 323 | 1 052 | 100% |
| 2025-Q3 | 42 | 650 000 | 11 801 | 1 096 | 100% |
| 2025-Q4 | 28 | 695 000 | 12 103 | 1 124 | 100% |
| 2026-Q1 | 24 | 710 000 | 12 784 | 1 188 | 100% |
| 2026-Q2 | 17 | 500 000 | 11 731 | 1 090 | 100% |
| 2026-Q3 | 17 | 682 000 | 11 703 | 1 087 | 100% |
| 2026-Q4 | 3 | 740 000 | 11 310 | 1 051 | 100% |

### Latest registered sales (anonymised)

| Date | Type | Size, m² | Price, AED | AED/m² | Market |
|---|---|---|---|---|---|
| 2026-10-15 | 1 BR | 59.2 | 670 000 | 11 310 | resale |
| 2026-10-07 | 2 BR | 89.7 | 999 000 | 11 141 | resale |
| 2026-10-01 | 1 BR | 59.6 | 740 000 | 12 427 | resale |
| 2026-09-25 | 1 BR | 61.8 | 740 000 | 11 970 | resale |
| 2026-09-24 | 1 BR | 61.9 | 690 000 | 11 154 | resale |
| 2026-09-10 | 2 BR | 62 | 725 000 | 11 703 | resale |
| 2026-09-09 | 1 BR | 59.3 | 620 000 | 10 459 | resale |
| 2026-09-07 | Studio | 32.4 | 440 000 | 13 572 | resale |
| 2026-09-04 | 1 BR | 44.4 | 600 000 | 13 504 | resale |
| 2026-08-19 | Studio | 40.6 | 475 000 | 11 702 | resale |
| 2026-08-18 | 1 BR | 58.5 | 682 000 | 11 664 | resale |
| 2026-08-12 | 1 BR | 44.9 | 590 000 | 13 149 | resale |
| 2026-08-12 | 2 BR | 62.1 | 725 000 | 11 678 | resale |
| 2026-08-11 | 1 BR | 44.4 | 21 564 | 485 | resale |
| 2026-08-07 | Studio | 40.6 | 19 936 | 491 | resale |
| 2026-08-07 | 1 BR | 57.8 | 670 000 | 11 588 | resale |
| 2026-08-05 | 1 BR | 47.7 | 24 754 | 519 | resale |
| 2026-08-04 | Studio | 32.3 | 445 000 | 13 790 | resale |
| 2026-07-23 | 1 BR | 44.4 | 21 042 | 474 | resale |
| 2026-07-23 | 2 BR | 93.3 | 1 025 000 | 10 983 | resale |

## Rental history (Ejari): last 12 months, by year, by quarter

Origin: DLD registry; medians: Our calculation. Contracts in total: 6 381, from 2019-08-01 to 2026-10-16. Rent is annual.

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| **Last 12 months** | 871 | 46 000 | 961 |

### By year

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2019 | 221 | 30 000 | 518 |
| 2020 | 753 | 25 000 | 488 |
| 2021 | 864 | 24 000 | 472 |
| 2022 | 945 | 26 000 | 517 |
| 2023 | 994 | 30 000 | 617 |
| 2024 | 983 | 38 000 | 804 |
| 2025 | 932 | 44 880 | 932 |
| 2026 | 689 | 45 000 | 949 |

### By quarter

| Period | Contracts | Median annual rent, AED | Median AED/m² per year |
|---|---|---|---|
| 2019-Q3 | 80 | 30 000 | 507 |
| 2019-Q4 | 141 | 30 000 | 523 |
| 2020-Q1 | 192 | 28 000 | 516 |
| 2020-Q2 | 129 | 25 000 | 508 |
| 2020-Q3 | 225 | 23 500 | 477 |
| 2020-Q4 | 207 | 24 000 | 458 |
| 2021-Q1 | 220 | 24 000 | 474 |
| 2021-Q2 | 197 | 24 000 | 464 |
| 2021-Q3 | 230 | 24 000 | 459 |
| 2021-Q4 | 217 | 25 000 | 484 |
| 2022-Q1 | 248 | 25 000 | 500 |
| 2022-Q2 | 221 | 25 000 | 516 |
| 2022-Q3 | 226 | 26 000 | 517 |
| 2022-Q4 | 250 | 28 000 | 537 |
| 2023-Q1 | 262 | 28 000 | 574 |
| 2023-Q2 | 227 | 29 500 | 622 |
| 2023-Q3 | 250 | 30 000 | 627 |
| 2023-Q4 | 255 | 32 000 | 645 |
| 2024-Q1 | 235 | 35 000 | 729 |
| 2024-Q2 | 221 | 36 901 | 806 |
| 2024-Q3 | 270 | 40 000 | 828 |
| 2024-Q4 | 257 | 40 000 | 847 |
| 2025-Q1 | 238 | 41 000 | 917 |
| 2025-Q2 | 191 | 42 000 | 909 |
| 2025-Q3 | 250 | 46 000 | 917 |
| 2025-Q4 | 253 | 46 000 | 976 |
| 2026-Q1 | 202 | 47 000 | 983 |
| 2026-Q2 | 174 | 45 000 | 973 |
| 2026-Q3 | 263 | 45 000 | 934 |
| 2026-Q4 | 50 | 48 000 | 955 |

### Latest registered rental contracts (anonymised)

| Date | Type | Size, m² | Rent, AED/year | AED/m² per year |
|---|---|---|---|---|
| 2026-10-16 | 1 BR | 44.9 | 48 000 | 1 070 |
| 2026-10-16 | 1 BR | 61.9 | 57 000 | 921 |
| 2026-10-15 | 1 BR | 61 | 50 000 | 820 |
| 2026-10-15 | Studio | 44 | 43 000 | 978 |
| 2026-10-15 | 1 BR | 59.2 | 42 000 | 710 |
| 2026-10-15 | 2 BR | 62.1 | 40 890 | 658 |
| 2026-10-15 | 1 BR | 44.9 | 42 000 | 936 |
| 2026-10-14 | 1 BR | 61.9 | 54 000 | 873 |
| 2026-10-11 | 1 BR | 59.2 | 55 000 | 928 |
| 2026-10-11 | 1 BR | 59.3 | 50 000 | 843 |

## Sources and provenance

- DLD registry — taken from the Dubai Land Department register as recorded.
- Developer supplied — stated by the developer; prices change without notice.
- Our calculation — computed by us from the first two.

## Links

- Project page: https://continentalclub.ae/project/mag-5-boulevard-dubai-south/
- The same record as JSON: https://continentalclub.ae/project/mag-5-boulevard-dubai-south.json
- Methodology and origin labels: https://continentalclub.ae/methodology/#provenance
- RU: https://continentalclub.ae/ru/project/mag-5-boulevard-dubai-south-ru/

Record updated: 2026-10-17

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How to cite: "MAG 5 Boulevard — Continental Club Property, from Dubai Land Department registry and developer data, 2026-10-17, https://continentalclub.ae/project/mag-5-boulevard-dubai-south/"