Developer: MAG Property Development · MAG 5 Boulevard

MAG 5 Boulevard

MAG 5 Boulevard is a residential project by MAG Property Development in MAG 5 Boulevard, Dubai, with prices from AED 470 000, construction 100% complete per the DLD registry, 1452 units, 2 061 DLD-registered sales since 2016.

Price fromAED 470 000Our calculation
Unit typesStudio · 1 · 2 BR360–1 039 ft²Developer supplied
StatusReadyHandover Q1 2020DLD registry

Layouts and sizes

TypeSize, sq.ftFrom, AED
Studio apartments360–473430 000
1-bedroom apartments481–666590 000
2-bedroom apartments666–1 039720 000

Units for sale in MAG 5 Boulevard

AED 549,999 · Studio

Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 470 000 AED is 1 985 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

100%
  • StatusReady
  • Construction started01.11.2015
  • HandoverQ1 2020
  • Status date06.02.2020
  • Escrow bankEmirates NBD
  • Scale13 bldg
  • DLD project number1673

Data from the Dubai Land Department project registry (updated 17.10.2026 09:55).

Inspection history 14
025507510016.10.201606.02.2020
Actual, per inspections
Construction progress 120
19.11.2019 91.53%
MAG 5 Boulevard, MAG 5 Boulevard construction progress — 19 November 2019, 91.53% complete, photo 1 of 3MAG 5 Boulevard, MAG 5 Boulevard construction progress — 19 November 2019, 91.53% complete, photo 2 of 3MAG 5 Boulevard, MAG 5 Boulevard construction progress — 19 November 2019, 91.53% complete, photo 3 of 3
25.08.2019 84.42%
MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 1 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 2 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 3 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 4 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 5 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 6 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 7 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 8 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 9 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 25 August 2019, 84.42% complete, photo 10 of 10
09.01.2019 67.13%
MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 1 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 2 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 3 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 4 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 5 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 6 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 7 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 8 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 9 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 9 January 2019, 67.13% complete, photo 10 of 10
15.11.2018 64.60%
MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 1 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 2 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 3 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 4 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 5 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 6 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 7 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 8 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 9 of 10MAG 5 Boulevard, MAG 5 Boulevard construction progress — 15 November 2018, 64.60% complete, photo 10 of 10
31.10.2018 64.06%
MAG 5 Boulevard, MAG 5 Boulevard construction progress — 31 October 2018, 64.06% complete, photo 1 of 3MAG 5 Boulevard, MAG 5 Boulevard construction progress — 31 October 2018, 64.06% complete, photo 2 of 3MAG 5 Boulevard, MAG 5 Boulevard construction progress — 31 October 2018, 64.06% complete, photo 3 of 3

84 more photos in the DLD register

Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.

Recent transactions

DateTypeSize, m²Price, AED
15.10.20261 BR59.2670 000
07.10.20262 BR89.7999 000
01.10.20261 BR59.6740 000
25.09.20261 BR61.8740 000
24.09.20261 BR61.9690 000
10.09.20262 BR62.0725 000
09.09.20261 BR59.3620 000
07.09.2026Studio32.4440 000
04.09.20261 BR44.4600 000
19.08.2026Studio40.6475 000
18.08.20261 BR58.5682 000
12.08.20262 BR62.1725 000
12.08.20261 BR44.9590 000
11.08.20261 BR44.421 564
07.08.20261 BR57.8670 000
07.08.2026Studio40.619 936
05.08.20261 BR47.724 754
04.08.2026Studio32.3445 000
23.07.20261 BR44.421 042
23.07.20262 BR93.31 025 000
20.07.20262 BR61.9730 000
16.07.20261 BR57.9690 000
16.07.20261 BR44.947 458
15.07.2026Studio33.9470 000
06.07.20262 BR62.0705 500
29.06.20261 BR60.8730 000
26.06.2026Studio33.5480 000
23.06.20261 BR47.7600 000
22.06.20262 BR89.71 050 000
18.06.20261 BR59.2680 000
10.06.2026Studio38.1430 000
05.06.2026Studio38.1420 000
04.06.2026Studio33.5467 000
21.05.2026Studio32.3425 000
20.05.2026Studio32.3440 000
18.05.20261 BR58.5600 000
12.05.20261 BR61.6710 000
08.05.20261 BR62.0727 000
08.05.20261 BR44.9575 000
07.05.2026Studio44.2430 000
24.04.20261 BR44.4500 000
07.04.2026Studio36.2499 000
30.03.20262 BR61.9710 000
16.03.20261 BR59.5760 000
10.03.20262 BR96.31 085 000
09.03.20261 BR61.6699 999
05.03.20261 BR61.8790 000
27.02.2026Studio32.3530 000
26.02.20261 BR61.8800 000
26.02.20262 BR62.2725 000
Rentals — 20
DateTypeSize, m²Rent, AED/yr
16.10.20261bed room+Hall44.948 000
16.10.20261bed room+Hall61.957 000
15.10.20261bed room+Hall61.050 000
15.10.2026Studio44.043 000
15.10.20261bed room+Hall59.242 000
15.10.20262 bed rooms+hall62.140 890
15.10.20261bed room+Hall44.942 000
14.10.20261bed room+Hall61.954 000
11.10.20261bed room+Hall59.255 000
11.10.20261bed room+Hall59.350 000
10.10.2026Studio33.940 000
10.10.20261bed room+Hall62.048 000
10.10.20261bed room+Hall58.045 000
10.10.20261bed room+Hall61.050 000
10.10.2026Studio44.237 000
10.10.20261bed room+Hall59.255 000
09.10.2026Studio33.537 000
07.10.20261bed room+Hall44.446 000
05.10.2026Studio36.234 000
05.10.20261bed room+Hall61.048 000

Dubai Land Department transaction registry, updated 17.10.2026. Explore Dubai property transactions →

Registered transactions in MAG 5 Boulevard

Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.

2 061deals since 2016
9 365AED per m², median
39%resale, the rest bought from the developer
+8%over the past year
8.0%gross rental yield

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +2% over the same period, so the building grew faster.

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio36376 60210 461740
1 bedroom59510 5558 6531 053
2 bedrooms90690 0007 667258
3 bedrooms2351 300 0005 53210

Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.

How the price per square metre moved

From 2022 to 2025 — +51% on the price per square metre in this building. The district moved +129% over the same period, so the building lagged the market.

9 0642016——
9 4262017——
9 6022018——
9 46320195185.5%
8 96920204885.4%
7 54420214726.3%
7 48620225176.9%
8 00720236177.7%
9 84020248048.2%
11 33320259328.2%
12 0112026*9497.9%

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

How much is your property in MAG 5 Boulevard worth?

DLD has recorded 2 061 sales in this building since 2016, 809 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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MAG 5 Boulevard

About the project

MAG 5 Boulevard is a residential apartment project in MAG 5 Boulevard, Dubai. The registered developer is MAG 5 Property Development L.L.C, and the DLD project number is 1673. The development comprises 13 apartment buildings with 1,452 homes. Construction began in November 2015 and was completed in February 2020. The DLD registry records the project as Finished with 100% completion.

Buildings and homes

The apartment collection includes studios, one-bedroom apartments and two-bedroom apartments. Studio apartments typically measure about 33–44 sq m (360–473 sq ft), while one-bedroom homes are about 45–62 sq m (481–666 sq ft). Two-bedroom apartments have typical sizes of about 62–97 sq m (666–1,039 sq ft). This range provides options from compact studios to larger two-bedroom residences within the same development. Across the 13 buildings, the project contains 1,452 homes.

Location

MAG 5 Boulevard forms part of Dubai South Residential District, within the wider Dubai South area. It is a residential setting in the southern part of Dubai, planned around a growing urban district. The community is suited to buyers and tenants looking for apartment living in this part of the city.

Prices and resale

Since 2015, the DLD has registered 2,083 residential sales. There were 251 registered sales in the last 24 months and 86 in the last 12 months. In the last 12 months, the median price was AED 675,000, with registered prices ranging from AED 420,000 to AED 1.65 million; prices start from about AED 470,000. Over the last 36 months to October 2026, median recorded prices were AED 410,000 for studios, AED 575,000 for one-bedroom apartments and AED 842,000 for two-bedroom apartments. The most recent registered sale was on 7 October 2026. The project is complete, so homes are bought and rented on the secondary market; for current availability, contact a Continental Club Property broker (RERA 31933).

Frequent questions

Who is the developer of MAG 5 Boulevard?
The registered developer is MAG 5 Property Development L.L.C. The DLD project number is 1673.
Is MAG 5 Boulevard ready?
The DLD registry records the project as Finished with 100% completion. Construction was completed in February 2020.
How much do homes at MAG 5 Boulevard cost?
In the last 12 months, the median registered price was AED 675,000, with prices from AED 420,000 to AED 1.65 million. Prices start from about AED 470,000.
How can I buy an apartment in MAG 5 Boulevard?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

Nearby projects

Get the presentation and prices

We will send floor plans, the payment plan and available units for this project.

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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Machine-readable mirrors of this page: Markdown · JSON. They carry the same figures as this page, each with its origin labelled.

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/