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MAG 5 Boulevard, Dubai South

MAG 5 Boulevard, Dubai South

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Dubai South, Dubai

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Strengths

Strategic Location

Modern Amenities

Community-Oriented Development

Weakens

Traffic Congestion

Limited Public Transport

Construction Noise

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Buildign Overview

Summary

  • MAG 5 Boulevard is strategically situated in the vibrant Dubai South district, known for its expansive green spaces and futuristic infrastructure.
  • This building is in proximity to essential amenities such as shopping centers, parks, and schools, enhancing its appeal to families and professionals alike.
  • Public transport options abound, with easy access to major roadways, making commutes to Dubai’s business hubs efficient.
  • Compared to similar buildings in Dubai South, MAG 5 Boulevard offers modern architectural designs and a community-focused lifestyle.

Properties Overview

  • The building features a mix of apartments ranging from cozy studios to spacious three-bedroom units, catering to diverse living preferences.
  • Current rental prices generally start from AED 40,000 for studios, while sales prices for two-bedroom apartments hover around AED 900,000.
  • Popular units often include those with views of the central park and community spaces, attracting both renters and buyers.

Market Trends

  • Over the past year, rental prices have experienced a stable rise of approximately 5%, while sales prices have increased by around 7%, indicating a positive market trend.
  • Investors can expect a favorable return on investment (ROI) of about 8% in this area, driven by growing demand and limited supply.
  • Expectations for the upcoming year predict continued growth in property values as Dubai South develops further and attracts more residents.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents enjoy easy access to a variety of supermarkets, schools, and healthcare facilities, including pharmacies and clinics within a short distance.
  • Notable schools nearby include the Emirates National School and the British International School, providing quality education for families.

Transportation and Accessibility

  • Outstanding public transport links are available, including bus routes and metro stations within a reasonable distance.
  • The building offers ample parking spaces, making it convenient for residents with personal vehicles.

Lifestyle Amenities

  • Residents can indulge in various lifestyle amenities, including on-site gyms, swimming pools, and dedicated spaces for recreational activities.
  • A selection of cafes and restaurants nearby adds to the convenience, promoting a vibrant community atmosphere.

Builing Facilities

  • MAG 5 Boulevard boasts modern facilities, including high-speed elevators, round-the-clock security services, and effective maintenance support.
  • Central air conditioning ensures a comfortable living environment throughout the year.

Special Services

  • The building features concierge services that assist residents with various inquiries and needs.
  • Business centers and community rooms are available for professional gatherings or social events.

Planning Your Move or Investment

Floor Plans and Property Types

  • A variety of thoughtfully designed floor plans are offered, catering to different family sizes and lifestyle choices, making it ideal for various renters and buyers.

Things to Consider

  • Potential tenants and buyers should consider their lifestyle needs, such as property maintenance, proximity to schools, and access to transportation.
  • It's also advisable to assess the long-term investment potential based on the area's growth trajectory.

Useful FAQs and Support

Events and Building Life

Building Events

  • MAG 5 Boulevard hosts regular community events, such as wellness programs and social mixers, fostering camaraderie among residents.

Community Identity

  • Known for its modern design and community-oriented lifestyle, MAG 5 Boulevard embodies a unique blend of contemporary living with cultural charm.

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Detailed Buiding Insights

1. Family Friendliness

MAG 5 Boulevard is designed with families in mind, featuring spacious apartments and family-friendly amenities such as parks and playgrounds.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, including studio, one, two, and three-bedroom apartments, catering to different family sizes and preferences.

Broadly Diverse

3. Safety And Security

The area is gated with 24/7 security and surveillance, ensuring a safe environment for residents and their families.

Remarkably Secure

4. Transportation

While access to public transportation options is available, a car is recommended for easier mobility to nearby areas and the city center.

Moderately Convenient

5. Amenities And Facilities

The community features a range of amenities including swimming pools, fitness centers, parks, and retail options, providing residents with a well-rounded lifestyle.

Richly Equipped

6. Cost Of Living

Compared to other upscale neighborhoods in Dubai, the cost of living here is reasonable, making it an attractive choice for families.

Relatively Balanced

7. Things To Do

MAG 5 Boulevard offers a variety of leisure and entertainment options, from local dining and shopping to recreational activities in nearby parks.

Vibrantly Diverse

8. Noise Levels

The area is characterized by low traffic and quiet surroundings, making it ideal for families looking for a tranquil living environment.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, with ample green spaces and pet facilities to ensure that residents can enjoy living with their pets.

Warmly Accommodating

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Information is compiled using advanced tools. Ensure critical details are independently confirmed.

Key Information

Developer: MAG Group

Building Type: Residential

Building Age: 8 years(completed in 2016)

Length: 1172

Unit Types : Studio, 1, 2 and 3-bedroom apartments

Floors: 7

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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