Dubai South
Mag 5 Boulevard
ماج 5 بوليفاردMAG 5 PROPERTY DEVELOPMENT L.L.C · Selling since 2015 · recent sales mostly resales
The Land Department’s record
completed per DLD · 100% complete · buildings · 1,452 units · 13 buildings · DLD target completion February 2020
Registered developer: MAG 5 PROPERTY DEVELOPMENT L.L.C (DLD no. 1079)
Escrow account with Emirates NBD · Zoned by Dubai South
From the Land Department’s projects file published 15 June 2026. These are the register’s own entries, not a status we determined, and they change only when DLD republishes the file. An escrow account being recorded is not an assurance about the project.
Filed service charge, by cluster
This project filed 3 separate residential budgets for 2023. You pay the one your home sits in, not the average of them.
| Cluster or tower, as filed | AED per sqft |
|---|---|
| Mag 565 | 16.0 |
| Mag 505 | 16.0 |
| Mag 510 | 15.0 |
Filed with the Land Department for 2023, the newest year its owners-association file covers. Charges have risen since, and a budget is not a bill. Which cluster a specific home belongs to is not in the register, so match the name against your own paperwork before relying on a figure.
Median per sqft
AED 1,086/sqft
3yr CAGR · resales
+10.8%
Resale record
87 months
Registered resales here span 87 months. The CAGR beside this is drawn from them; a figure for what they will do next is a scenario you set on the returns page.
Registered DLD sales · medians, not estimates · how we compute this
What would this size cost?
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Mag 5 Boulevard — not an asking price, and not this project’s overall median, which mixes every unit size together.
Price per sqft trend
What it returns
A year’s rent against what completed homes of that size actually sold for in Mag 5 Boulevard over the same twelve months. Prices are this project’s own registered ready sales; off-plan sales are left out because rent is paid on built homes. Rents marked this building are registered new tenancies in Mag 5 Boulevard itself; the rest are homes of the same size in Dubai South, used where Ejari did not name the building.
| Size | Costs now, ready | Rents for | Gross yield | Ready sales, 12m |
|---|---|---|---|---|
| Studio | AED 475K | AED 42,000/yrsame size in Dubai South | 8.8% | 27 |
| 1 bed | AED 680K | AED 55,000/yrsame size in Dubai South | 8.1% | 45 |
| 2 beds | AED 970K | AED 75,000/yrsame size in Dubai South | 7.7% | 18 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 11.2% instead of 8.8%, because it prices the home at AED 376.32K — the median across every sale on record — rather than the AED 475K a completed one costs today. Every figure above uses the same twelve months, and completed homes only, on both sides.
What it returns after service charges
Starting from this building’s own owners-association budget for 2023 — AED 16/sqft, as filed with the Land Department. Charges have risen since then, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 6,226 | AED 35,774 | 8.8% | 7.5% |
| 1 bed | AED 10,180 | AED 44,820 | 8.1% | 6.6% |
| 2 beds | AED 15,416 | AED 59,584 | 7.7% | 6.1% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Common questions about Mag 5 Boulevard
How much does a home in Mag 5 Boulevard cost?
Over the last twelve months a completed studio in Mag 5 Boulevard sold for a median AED 475K (27 ready sales), a 1-bedroom for AED 680K (45 ready sales), a 2-bedroom for AED 970K (18 ready sales). These are medians of sales actually registered with the Dubai Land Department, not asking prices. Completed homes only — off-plan registrations are left out, because they sell at a premium and are not the same purchase.
How much is rent in Mag 5 Boulevard?
A studio rents for a median AED 42,000/yr (homes of about that size in Dubai South, 408 new tenancies), a 1-bedroom rents for a median AED 55,000/yr (homes of about that size in Dubai South, 403 new tenancies), a 2-bedroom rents for a median AED 75,000/yr (homes of about that size in Dubai South, 341 new tenancies). These are medians of new tenancy contracts registered with Ejari over the last twelve months — what tenants agreed to pay, not advertised asking rents. Ejari names the building on only about one contract in five, and on none that match Mag 5 Boulevard, so every figure above is the rent for homes of that size in Dubai South — the area's rent, not this project's own.
What rental yield does Mag 5 Boulevard give?
Gross yields on completed homes in Mag 5 Boulevard run about 8.8% on a studio, 8.1% on a 1-bedroom, 7.7% on a 2-bedroom, dividing a year of registered rent by what completed homes of that size actually sold for over the same twelve months. Both halves cover the same period, which is why these read lower than yields quoted against an all-time average price. They are gross figures: service charges, agency commission and void periods are not deducted, and in Dubai the service charge alone commonly takes a fifth to a third of the rent.
Is Mag 5 Boulevard selling off-plan or as resales?
0% of the 103 sales registered in Mag 5 Boulevard in its most recent twelve months of trading were off-plan, and the rest were completed homes. That window ends at this project's own newest registered sale rather than today, so a development that finished selling years ago still reports the year it was actually trading.
When did Mag 5 Boulevard start selling?
The Land Department's register holds 2,065 sales in Mag 5 Boulevard, the earliest registered in 2015. That is when a sale here was first recorded, which is not the same as when the project launched or completed — the transaction register carries no build date, so we do not publish one.
Due diligence
Price vs. Dubai South median
-36.8%
Priced at or below the area's real median.
Developer track record
2,075 real transactions
1 completed · 0 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Handover competition
High competitionWhen Mag 5 Boulevard completed in February 2020, 8 other other projects in Dubai South were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 47 more other projects in Dubai South are still in the pipeline overall.
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What's around this property
Transport, schools, healthcare, and daily essentials within 3 km.
We haven't mapped what's around this project yet. Places are added in batch runs, busiest projects first.
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Buildings in this project
Priced from each tower’s own registered sales, rather than the project median above.
Other projects in Dubai South
Buying in Mag 5 Boulevard?
Everything above is free and stays free. What this page cannot tell you is what your unit is worth — the median here covers every size at once, and a two-bedroom can be 1,062 or 1,558 sqft. Our report matches comparable sales to one unit's size, and adds the three checks that need a person to open an official system on the day: the agent's licence, the project's escrow, and its registered status.
Get an independent reportFrom AED 1,500. Nothing is charged until you have a quote and accept it. See a sample