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AED 380,000

Hand Over 2019 No Commission. Studio Apartment Affordable Prices and Easy Payment Plan South Dubai

Dubai South, Dubai created 02.08.2016, updated 02.08.2016
Property verified Print Report
  • Price Price
    800 aed/ft²
  • Deal type Deal type
  • Property type Property type
  • Size Size
    475 ft2
  • Bathrooms Bathrooms
    1

Key features

  • BBQ area
  • Balcony
  • Broadband ready
  • Built in wardrobes
  • Central air conditioning
  • Children's play area
  • Communal gardens
  • Community View
  • Covered parking
  • Gazebo and outdoor entertaining area
  • Gymnasium
  • Jacuzzi
  • Metro station
  • Mosque
  • On mid floor
  • Public park
  • Public parking
  • Public transport
  • Restaurants
  • Sauna
  • Shared swimming pool
  • Shopping mall
  • Shops
  • Steam room
  • Tennis courts
  • View of gardens

Payment plan

20% downpayment

Month 6 10%

Month 12 10%

Month 18 10%

Month 24 10%

Month 30 10%

30% on completion

MAG 5 Boulevard represents the latest in affordable housing initiatives in the UAE. Apartments in the MAG 5 Boulevard development start from as low as AED 380,555. It promises to be a vibrant and green community development, located in the exciting Dubai South.

The MAG 5 Boulevard homes are built to provide middle income families with affordable living options. The project does not compromise on location or quality. The payment plan is an attractive 20% downpayment followed by 5 instalments, payable every 6 months and 30% on completion.

Located next to the largest park in the UAE, known as The Greenbelt, the MAG 5 Boulevard project will deliver an authentic, integrated community. It will encourage an open and friendly atmosphere for everyone to enjoy. Dubai South is planned to be the centre of the World Expo 2020, making it an attractive investment opportunity. The expected rental yields are conservatively estimated at 10%.

The community will include over 1,000 residential units. There will be 800,000 square feet of green area, providing residents with an open, clean and fully walkable outdoor area for all occasions. Other plans for the community include close proximity to schools, offices and hospitals.

Apartments in MAG 5 Boulevard start from:

  • Studio apartments – 475 sq. ft AED 380,555
  • One bedroom apartments – 638 sq. ft. AED 510,555
  • Two bedroom apartments – 964 sq. ft. AED 775,555
  • Three bedroom apartments – 2511 sq. ft. AED 1,480,555
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Approximate cost is 33,993 AED/month
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